Get ready for the metaverse. Or, a digital space represented by digital representations of people, places, and things, says Medium.com. “It’s a combination of multiple elements of technology, including virtual reality, augmented reality, and video where users ‘live’ within a digital universe. Supporters of the metaverse envision its users working, playing, and staying connected with friends through everything from concerts and conferences to virtual trips around the world.” While it may take years before the metaverse goes mainstream, if it can eventually deliver on its potential, its impact on the world, on cryptocurrency assets and on investors could be significant. All of which could be beneficial for Tokens.com Corp. (NEO:COIN)(OTCQB:SMURF), which is the only public company that owns metaverse real estate, Coinbase Global Inc. (NASDAQ:COIN), Meta Platforms (NASDAQ:FB), Galaxy Digital Holdings (TSX:GLXY)(OTC:BRPHF), and Microsoft Corp. (NASDAQ:MSFT).
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Tokens.com Corp., a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that Cavalli, Dolce & Gabbana, Elie Saab, Etro, Jacob & Co., and Tommy Hilfiger, amongst others, have joined the official lineup for the first-ever Metaverse Fashion Week.
The event will be held on property owned by Tokens.com’s subsidiary, Metaverse Group and leased to Decentraland as the host. The event will take place from March 24th to March 27th. Brands are scheduled to host immersive virtual fashion shows featuring avatar models, runways, pop-up shops, and afterparties. Similar to physical global Fashion Weeks, this event will host a range of events, presentations and installations in addition to runway shows.
“Fashion is a key driver of interest in the Metaverse and we are pleased to have such a high caliber of brands participating in the first-ever Metaverse Fashion Week. The event provides brands the opportunity to showcase NFTs and virtual products while expanding their consumer reach to a new demographic,” commented Andrew Kiguel, Tokens.com CEO and Metaverse Group Executive Chairman.
Metaverse Fashion Week will be free to attend and does not require specialized VR hardware. Additional information about Metaverse Fashion Week can be found on Vogue Business.
As a publicly-traded company, Tokens.com offers its shareholders exposure to the fastest and most exciting areas of Web3, including Metaverse real estate ownership.
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Other related developments from around the markets include:
Coinbase Global Inc. just reported that “2021 was a year of tremendous growth and development in the crypto economy, as well as for Coinbase. We ended 2021 with strong performance across our key metrics that were within our outlook. In Q4, we generated $2.5 billion of net revenue, $840 million of net income, and $1.2 billion of Adjusted EBITDA. We ended the year with 11.4 million Monthly Transacting Users – of whom 32% both invested and engaged with a non-investing product.”
Meta Platforms reported financial results for the quarter and full year ended December 31, 2021. “We had a solid quarter as people turned to our products to stay connected and businesses continued to use our services to grow,” said Mark Zuckerberg, Meta founder and CEO. “I’m encouraged by the progress we made this past year in a number of important growth areas like Reels, commerce, and virtual reality, and we’ll continue investing in these and other key priorities in 2022 as we work towards building the metaverse.”
Galaxy Digital Holdings Ltd. a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today announced its investor conference participation schedule for March. Galaxy executives will be speaking broadly to the latest trends emerging within, and shaping the maturation of, the digital assets sector during each of the following events found here.
Microsoft Corp. announced the following results for the quarter ended December 31, 2021, as compared to the corresponding period of last fiscal year: Revenue was $51.7 billion and increased 20%, Operating income was $22.2 billion and increased 24%, Net income was $18.8 billion and increased 21%, Diluted earnings per share was $2.48 and increased 22%. “Digital technology is the most malleable resource at the world’s disposal to overcome constraints and reimagine everyday work and life,” said Satya Nadella, chairman and chief executive officer of Microsoft. “As tech as a percentage of global GDP continues to increase, we are innovating and investing across diverse and growing markets, with a common underlying technology stack and an operating model that reinforces a common strategy, culture, and sense of purpose.”
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