Weekly Wrap: What's Happening in the Metaverse This Week? [Jan. 7, 2021] | CoinMarketCap

CoinMarketCap takes a look at some of the latest happenings in the metaverse — from ParisHilton's NYE party on the metaverse, to a possible ProShares Metaverse-themed ETF coming this year?

and several major publications reported on Monday that the retail clothing giant was set for an imminent metaverse launch that would allow customers to experience a three-dimensional shopping experience via CEEK city.

“The H&M store in the Ceek metaverse was just a concept that was presented to H&M and not an actual virtual store yet. We are in discussions with people at H&M to make this a reality, but this is not something that’s a reality as of now.”The CEO of Square Enix, Yosuke Matsuda, has revealed his company’s plans for the blockchain and metaverse. In his new year’s message on Saturday, the CEO opined thatto Meta is proof that the concept was more than a passing fad.

The raised funds will be used for the company’s metaverse-interoperability dreams. Essentially, Ready Player Me seeks to build the infrastructure for a multiple-dimensioned metaverse ecosystem where users can maintain a consistent identity across multiple virtual worlds.

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