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 The developers of Shiba Inu will launch a metaverse project called SHIB: The Metaverse, which will have more than 100,000 plots of digital land. The company says that using its token is a risk, so it is allowing users to buy the virtual land using ethereum cryptocurrency. More: - The company will release plots of land in various phases that will be divided into four categories: Silver Fur, Gold Tail, Platinum Paw, and Diamond Teeth.
- The cost to buy the land is 0.2-1ETH.
- Buyers of the land can generate passive income and rewards, but no further details are available.
- "We will be introducing the first special role that Shiba Inu $SHIB will play in the metaverse," the announcement said.
Coin Desk 
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Citibank predicts that the Metaverse and Web3 may be an $8T to $13T opportunity. The report that was published by the bank includes gaming in the virtual world but went well beyond these applications and into smart manufacturing technology, virtual advertising, online events, and cryptocurrencies. More: - The bank is bullish about the upcoming opportunities in the Web3 and metaverse ecosystem.
- “We estimate, in the report, the target addressable market (TAM) for the metaverse economy to be in the range of $10T-plus,” says Ronit Ghose, global head of banking.
- The report reads that over 1.5 billion users will adapt to the metaverse ecosystem, which could also include VR/AR consumers.
- Users will access the metaverse via their smart devices, including phones and VR/AR headsets.
- 5G networks will also fuel growth in the metaverse ecosystem with improved latency and faster connectivity.
- The metaverse economy will be fueled by cryptocurrency, according to the report, which will include in-game tokens, stablecoins, and central bank digital currencies.
Barrons
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 Nreal, a maker of augmented reality glasses, raised $60M in funding led by Alibaba. The fresh funding will be used for R&D efforts and to expand into international markets. More: - The latest funding is a good indication that Alibaba is serious about its position in the metaverse ecosystem.
- Last year, the tech giant had filed several metaverse-related trademarks despite the warnings from Chinese regulators.
- By collaborating with Nreal, Alibaba can enter the metaverse market and potentially become a key player in Asian markets.
- Nreal is developing lightweight augmented reality glasses, the Light or Air, to gain access to gaming and virtual worlds.
- Nreal has a presence in South Korea, Japan, Spain, and the U.S. but will use the new funding to expand into China and other markets in the coming years.
CNBC
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 Liv raised $8.5M, led by Bitkraft Ventures with participation from Sony Innovation Fund, Amazon Alexa Fund, Credo Ventures, Samsung Next, and Olive Tree Capital. More: - Liv has created a platform that allows AR and VR content creators to publish livestream videos of themselves in games and apps.
- The company wants to revolutionize VR streaming and improve how content creators can engage with their fans in VR and in real-time.
- There have been over 3.5 billion views of Liv's content as the company supports the top 100 VR games with over 1,000 developers and 13,000 monthly active creators.
Venture Beat
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Hololoot announced the launch of its AR NFT marketplace, which allows users to trade augmented reality non-fungible tokens using the $HOL token. More: - The app is now live but still in the beta phase, and users have an opportunity to test and explore the app using their iOS 13 devices.
- Users may use different cryptocurrencies, but the platform is offering discounts and membership rewards to encourage users to leverage the $HOL token.
- This app allows users to view and trade NFTs using AR technology.
- The Switzerland-based company will drop the AR NFTs starting on March 31 in various phases that will continue throughout the month of April.
Global News Wire
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KFC, Taco Bell, and Pizza Hut are the latest brands to file metaverse-related and NFT trademarks. The application was filed with the United States Patent and Trademark Office on March 25, 2022. More: - In an effort to protect brand identity in the metaverse, more and more companies are filing trademark applications.
- The latest trademark application filed by KFC, Taco Bell, and Pizza Hut parent company Yum! Brands includes virtual products and services such as food and beverage, retail services, and virtual restaurants.
- Patent attorney Michael Kondoudis tweeted: "Clearly, Yum! Brands see the potential of the metaverse and is preparing its trademarks and brands for the virtual economy that will dominate it."
- We are likely to see a growing number of companies and celebrities file trademark applications over the next couple of years.
finbold
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- Milwaukee-based Hammes Partners closed its third oversubscribed fund at $739M in capital. Similar to the prior funds, Hammes will continue to invest and acquire healthcare real estate in the U.S.
- Irvine-based voice, audio, and image deep learning solution provider Syntiant secured $55M in funding. Renesas Electronics Corporation, Millennium Technology Value Partners, and Mirae Asset Capital participated in the funding.
- Toronto-based medical imaging sharing platform PocketHealth raised $16M in Series A financing led by Questa Capital. Radical Ventures participated in the funding.
- Black Crow AI raised $25M Series A funding led by Imaginary Ventures. Primary Venture Partners, Bloomberg Beta, Interlock Partners, and Vast Ventures backed the funding. The New York-based company predicts customer purchases using its AI-driven platform.
- Data security company Antimatter emerged from stealth with a $12M Series A round. NEA led the funding with participation from General Catalyst, UNION Labs, and others.
- Job skills training platform Pursuit raised $10M funding led by Blue Earth Capital, with participation from the Inherent Foundation, ETF@JFFLabs, Alphadyne Foundation, and other individual investors.
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 |  | Gia Mattu is based in Calgary, Alberta. She is an entrepreneur with experience in climate technology, drones, AI, machine learning, and blockchain technology. When she's not working, she loves to hike the Canadian Rockies, try new cuisine, and travel. | | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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