June 21 (Cointime) - HSBC, the British bank, has applied for trademarks related to metaverse and NFTs, indicating a possible launch of virtual banking services and a metaverse bank branch. Queen Productions Ltd, the company managing the intellectual property of British rock band Queen, has also filed patents for NFT-authenticated media and virtual merchandise.

June 21 (Cointime) - The metaverse, a collective virtual shared space, is becoming increasingly significant in the digital world, and blockchain technology has the potential to shape its future. Blockchain can provide a secure, transparent, and decentralized platform for the creation, exchange, and governance of digital assets, enabling users to have true ownership and control over their possessions without intermediaries.

June 21 (Cointime) - FIFA, the international governing body of football, has filed nine additional trademark applications related to the metaverse as part of its "WE ARE" campaign. The filings suggest that FIFA has plans for virtual reality gaming, virtual clothing and footwear, sports products, entertainment services, and more.

June 21 (Cointime) - The Sandbox Music and Nuclear Blast have joined forces to create Blast Valley, a dedicated environment for heavy metal fans in the metaverse. The collaboration aims to bring the music and culture of heavy metal into virtual worlds, offering a unique and engaging experience for fans.

June 20 (Cointime) - FIFA, the governing body for soccer, has filed nine new trademark applications as part of its "WE ARE" campaign, signaling its growing interest in the metaverse and its potential applications for virtual reality gaming, entertainment services, and more.

June 20 (Cointime) - Improbable, the company responsible for the technology behind the upcoming metaverse game Otherside, has made its creation suite, MSquared, available to other creators for building out more of the metaverse. MSquared is a metaverse creation engine that includes a network, tech stack, and metaverse markup language (MML) for creating digital assets and experiences within those worlds. Improbable has also open-sourced the MML to make it accessible for builders. Despite a decline in enthusiasm for the metaverse due to confusion and unfulfilled promises, Improbable's CEO believes that meaningful social experiences powered by metaverse platforms will ultimately win over skeptics.

Ambrus Studio champions a "Play for Fun" approach instead of "Play to Earn," aiming to attract authentic players who genuinely appreciate the gaming experience.

June 19 (Cointime) - According to Animoca Brands CEO Robby Yung, the Web3 gaming space is set to see more triple-A console-style games launching next year. Yung believes that games like Life Beyond, Devourers, and Phantom Galaxies will contribute to onboarding traditional gamers who have been hesitant or even hostile towards Web3 games.

June 16 (Cointime) - According to Metaverse metrics, the adoption of the Metaverse by consumers is rapidly increasing, with projections indicating 1.4 billion users within the next seven years. This growth is driven by current trends, consumer and business interests, and the impact of the COVID-19 pandemic.

MESH, a virtual art fair for creators in the Metaverse, 3D, and virtual reality, is set to be a major highlight of the Decentraland Metaverse Art Week from July 19-23. The event aims to connect digital artists through virtual creative studios and will feature the theme "Low Poly, High Art", showcasing innovative masterpieces merging polygon visuals with creative expressions.