Beijing released a whitepaper on the development of the metaverse, noting that web3 technology is an "inevitable trend for future internet industry development."
According to a May 27 statement, the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police have launched a metaverse platform, ‘CyberDefender,’ in an effort to educate the younger generation on technology crimes.
The native token of Metacade has been struggling below its final presale price as the project gears up for the game development phase following the earlier partnership with MetaStudio.