![Weekly Wrap: What's Happening in the Metaverse This Week? [April 18, 2022] | CoinMarketCap](https://i.headtopics.com/images/2022/4/18/coinmarketcap/weekly-wrap-what-s-happening-in-the-metaverse-this-week-april-18-2022-coinmarketcap-1516108239884193793.webp)
CoinMarketCap and nansen_ai look at the latest happenings in the metaverse — from punk6529 launching a metaverse museum district, to EpicGames and LEGO_Group partnering to build a metaverse. Read all about it on CMCAlexandria 👇
. With most of the value coming from reputable collections such as CryptoPunks, BAYC and Art Blocks related collections.
“I do not want your ETH, I want your input on how to design OM. I collect in public, I invest in public and we are going to build OM in public together […] The fundamental governance model of OM is at the district level: Districts can either be "developed" or "open." 6529 is going to develop the 6529 Museum District, for example. Others can develop others. Others can be free-for-all experimental spaces.
OM will transition into public beta in June or July if the initial rollout turns out to be a success.With many gaming giants jumping on the metaverse bandwagon, Japanese gaming company Bandai Namco has revealed its plans to enter into the metaverse with a ¥3 billion fund. The new fund will employ three investment strategies to make its vision a reality all centered on creating and delivering entertainment to fans.Bandai Namco announced
“As a creative entertainment company, we are thrilled to invest in Epic to deepen our relationship in the metaverse field, a space where creators and users share their time.”Creators hoping to monetize their works on Meta’s Horizon Worlds platform should be ready to forfeit as much as 47.5% of their gains on transaction fees.
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