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The rock band Queen and big bank HSBC eye up the metaverse while Yuga Labs launched the next iteration of its NFT gaming saga. HSBC files metaverse and NFT patents British banking institution HSBC filed a series of metaverse and nonfungible token (NFT)-related trademark applications.  A June 12 filing to the United States Patent and Trademark Office (USPTO) show the bank’s trademarks including metaverse banking, consulting, and financial services, along with virtual credit cards that point to a potential launch of a metaverse bank branch and further virtual banking services. #HSBC continues its move into the #Metaverse! The company has filed a new trademark application covering: ️ Metaverse banking, consulting, financial services ️ Virtual credit cards ️ NFTs + NFT-backed media … and much, much more!#NFT #Crypto #Web3 #NFTs #DeFi pic.twitter.com/rb6UdA2Iq3 — Mike Kondoudis (@KondoudisLaw) June 19, 2023 HSBC also applied for trademarks relating to online marketplaces, spe...

Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue making it a critical market according to DappRadar. Asia is “crucial” to the Web3 gaming industry as it already boasts the majority share of gamers, gaming revenue and has a high interest in blockchain technology a new report suggests. An April 13 report from analytics platform DappRadar emphasized the Asian market has over 1.7 billion video game players accounting for 55% of the world’s gamers. It also houses over half of the global gaming revenue and has long been “the driving force” behind the global gaming industry according to the report. Market share of global gamers data revealed. Source : DappRadar Due to these factors, DappRadar claims the Asia region “plays a crucial role in the adoption of blockchain gaming.” China, Japan, and South Korea dominate the gaming industry in Asia and are home to 62 of the world’s top 100 gaming companies by market capitalization. China has banned crypt...