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Tokens.com Launches The First Publicly-Traded Company For DeFi And Metaverse Investments – Forbes

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Last week was historic for the cryptocurrency markets with the approval of the ProShares Bitcoin Strategy ETF on the NASDAQ NDAQ , bridging yet another gap for investors between the legacy financial system and cryptocurrency markets. The ProShares ETF was an important milestone, but not the first time investors have been presented with the opportunity to invest in the crypto markets through regular investments accounts. Notably, there have been several Bitcoin and Ethereum trusts, such as the Grayscale Bitcoin Trust and the Canadian-based Purpose Bitcoin ETF. These new offerings allow for the trading of crypto through regular investment accounts, including retirement accounts, while bypassing the hassle and security concerns of cryptocurrency exchanges.
Recently launched, Tokens.com (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) is on a mission to connect public market investors to blockchain investments by investing in DeFi tokens such as BNB and DOT, and NFT-based cryptocurrencies. By staking the assets, the company is able to earn an additional ROI beyond regular price appreciation. The company prides itself on only investing in ‘proof-of-stake’ tokens, which are more environmentally friendly than Bitcoin’s ‘proof-of-work’ energy-intensive method. 
HONG KONG, CHINA – OCTOBER 08: A visitor poses with the immersive art installation titled “Machine … [+] Hallucinations Space: Metaverse by Turkish-American new media digital artist Refik Anadol at the Digital Art Fair Asia in Hong Kong, China, on October 08, 2021. The fair showcases NFT Crypto Art, non-fungible tokens, as part of the the new trend in modern art. (Photo by Miguel Candela/Anadolu Agency via Getty Images)
The company closed a pre-IPO investment round from industry leaders Bitbuy, First Block Capital, HIVE Blockchain Technologies, PowerOne Capital Group, Matthew Roszak (the co-founder and Chairman of Bloq), Olaf Carlson-Wee (the founder of Polychain Capital) and CI Global Alpha Innovators Fund, the largest technology investment fund in Canada. 
Tokens.com provides our fund with a gateway to access all things crypto outside of Bitcoin. We are excited to work with Tokens.com to be one of the first global investors to invest in DEFI, NFTs, and the metaverse,” says Jeremy Yeung, Portfolio Manager, CI Global Alpha Innovators Fund.
In addition to investing in proof-of-stake tokens, the company recently closed the purchase of a 50% stake in Metaverse Group. Metaverse Group, founded as a joint venture between GDA Capital and Wolfest Woods, owns a portfolio of virtual NFT real estate properties in major blockchain-based Metaverses, including Decentraland, Somnium Space, The Sandbox, Cryptovoxels and Upland. The deal makes Tokens.com the first publicly traded company to venture into the metaverse. Tokens.com plans to further accumulate metaverse real estate through the Metaverse Group for the purpose of renting it out to interested brands and retailers. 
The Metaverse is going to be one of the biggest revolutions in computing – right up there with the mobile revolution and the internet revolution,” says Tokens.com CEO, Andrew Kiguel.
The Metaverse trend is garnering extra attention lately, as Mark Zuckerberg announced that he thinks the Metaverse is the inevitable future of the Internet and even officially renamed Facebook as “Meta.” Artists like Snoop Dogg and Ariana Grande are using the metaverse to build their brands, as are Gucci and Adidas. Metaverse real estate provides potentially a game-changing opportunity for brands, advertisers and vendors wishing to reach demographics in every corner of the globe. 
A binary code with the word ‘metaverse’ displayed on a laptop screen is seen in this multiple … [+] exposure illustration photo taken in Krakow, Poland on October 25, 2021. (Photo by Jakub Porzycki/NurPhoto via Getty Images)
The metaverse will bring enormous opportunity to individual creators and artists; to individuals who want to work and own homes far from today’s urban centers; and to people who live in places where opportunities for education or recreation are more limited,” says Mark Zuckerberg, Founder of Facebook.
As crypto adoption continues to increase worldwide, we can expect more investors to demand exposure to new digital asset classes through traditional instruments such as ETFs, Trusts and publicly traded companies. New and innovative investment products are perfectly positioned to tap into this market growth, during this bull cycle and beyond.

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Meta's losses show the metaverse's costly risk – Insider Intelligence

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Facebook parent Meta launches startup accelerator with India’s IT ministry in metaverse push – TechCrunch

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Meta Platforms is looking at India’s burgeoning startup ecosystem as it bolsters its bet on the metaverse. The social juggernaut has partnered with the Indian IT Ministry’s startup hub to launch an accelerator in the country to broaden innovation in emerging technologies, including augmented reality and virtual reality, officials said Tuesday.
MeitY Startup Hub and Meta’s effort, called XR Startup Program, will work with 40 early-stage startups and help them in research and development and developing workable products and services. Each startup will also receive a grant of over $25,000, the American giant said.
The program, supported by Meta’s $50 million XR Programs and Research Fund, will initially hand pick 80 startups to attend a bootcamp. It will also help startups with finding customers, inking relationships and raising funds, Meta said.
Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology and Skill Development and Entrepreneurship, said the program is especially aimed at helping encourage technology innovation in smaller cities and towns.
The XR Startup Program is the latest of Meta’s growing participation in the South Asian market’s upskilling efforts. The firm, whose Facebook and WhatsApp services identify India as their largest market by users, partnered with Central Board of Secondary Education, a government body that oversees education in private and public schools in the country, to launch a certified curriculum on digital safety and online well-being, and augmented reality for students and educators in the country.
The program — to be implemented by four Indian institutions, including IIT Delhi — will also host a “grand challenge” for innovation in categories including education, healthcare, entertainment, agritech, climate action, sustainability and tourism, the American giant said.
“India will play a pivotal role in defining future technologies. Decisions and investments made here in India now shape global discussions on how technology can deliver more economic opportunity and better outcomes for people. It is critical that we help to create an ecosystem that will enable India’s tech startups and innovators to build the foundations of the metaverse,” said Joel Kaplan, VP of Global Policy at Meta, in a statement.
Meta’s interest with working with startups in India is also not newly found. The company has backed three startups in the country, including social commerce platform Meesho and online education group Unacademy.
3 views: Is the metaverse for work or play?

“India’s rapid tech adoption combined with a vast pool of tech talent puts the country in a vantage position for shaping the future of the internet,” said Ajit Mohan, VP and MD of Facebook India, in a statement.
“For this future to be equitable, it will require active participation from all stakeholders, including developers, businesses, creators, policymakers, and entrepreneurs. We are excited to collaborate with MeitY Startup Hub and hope that the XR Startup Program will act as a catalyst to unlock the use of immersive technology across sectors like education, healthcare, agritech and tourism, not only in India but across the globe.”

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WHAT IS QUILVIUS (QVUI)? LET'S EXPLORE THIS UPCOMING METAVERSE CRYPTO PROJECT – Asianet Newsable

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WHAT IS QUILVIUS (QVUI)? LET’S EXPLORE THIS UPCOMING METAVERSE CRYPTO PROJECT  Asianet Newsable
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