Meta Lays off Over 100 Metaverse Division Employees

Meta has reportedly laid off over 100 employees part of Reality Labs, its metaverse-focused division. According to reports, the layoffs impacted ongoing efforts to create experiences for Meta’s virtual reality (VR) headsets and the division in charge of developing VR and metaverse hardware. Meta spokesperson Tracy Clayton acknowledged that layoffs did happen, stating that some … Read more

Trump Organization Trademark Filing Hints at Potential Metaverse and NFT Platform

The Trump Organization has filed a trademark application for “TRUMP,” a move that could signal potential plans to launch a metaverse and NFT trading platform, according to social media discussions and public records from February 2025. Trump Organization Signals Interest in Metaverse, NFT Space Through Trademark While the filing does not confirm a definitive launch, … Read more

Jeju Island Goes Meta: NFTs to Lure Gen Z Tourists

Jeju Island, South Korea’s special self-governing province, plans to introduce NFT-based digital resident tourism cards in the second half of this year. Jeju Authorities Target Millennial and Gen Z Visitors South Korea’s special self-governing province, Jeju Island, has announced plans to issue a non-fungible token (NFT)-based digital resident tourism cards in the second half of … Read more