(Cathy Hackl, modified by Kevin Ross/CoinDesk)
The Metaverse Is Facing a ‘Cooldown Moment’ Amid Crypto Winter
That isn’t necessarily a bad thing, Cathy Hackl, chief metaverse officer at Journey, told "First Mover."
(Cathy Hackl, modified by Kevin Ross/CoinDesk)

Brands Like Dolce and Gabbana Participate in Metaverse Fashion Week
Brands Like Dolce and Gabbana Participate in Metaverse Fashion Week
Luxury brands like Dolce and Gabbana are participating in this week's Metaverse Fashion Week on Decentraland. This comes as Disney reportedly lays off its metaverse team. Journey Chief Metaverse Officer Cathy Hackl discusses fashion in the metaverse and the outlook for Web3 amid crypto winter.
Brands Like Dolce and Gabbana Participate in Metaverse Fashion Week

The Otherside (Yuga Labs)
Metaverse NFT Trading Volume Hit New All-Time High, DappRadar Says
Virtual land trading spiked this past quarter with 147,000 trades generating $311 million in trading volume, according to a new report.
The Otherside (Yuga Labs)

(Decentraland)
Meta’s NFTease and AI’s Impact on Web3
Meta Platforms ended its support for NFTs, which could hinder Web3 creators.
(Decentraland)

Metaverse Fashion Week 2023 (Decentraland.org)
Avatars, Get Ready to Strut: Decentraland to Host Second Metaverse Fashion Week
The event will have Dolce & Gabbana and Tommy Hilfiger return with new virtual activations while Coach and Adidas are set to debut their digital wearables on the popular metaverse platform.
Metaverse Fashion Week 2023 (Decentraland.org)

Avatar in Decentraland (Decentraland)
Metaverse Tokens Outperforming Bitcoin in January
Decentraland’s MANA has surged 145% for the month, while The Sandbox’s SAND is up over 90%.
Avatar in Decentraland (Decentraland)

Pedigree FOSTERVERSE (Pedigree)
Pedigree Unleashes Virtual Fostering in Decentraland to Find Real Dogs Homes
Pedigree’s FOSTERVERSE aims to raise funds for animal shelters and encourage people to give the pets a home in real life.
Pedigree FOSTERVERSE (Pedigree)

Decentraland's MANA is the latest metaverse token to make an impressive gain this week. (Getty Images)
Decentraland’s MANA Token Jumps as Metaverse Tokens Outperform Crypto Markets
Metaverse tokens are the best-performing sector in crypto so far this year, as the CoinDesk Culture and Entertainment (CNE) index is up 37% since the start of the year.
Decentraland's MANA is the latest metaverse token to make an impressive gain this week. (Getty Images)

Avatar in Decentraland (Decentraland)
The Final Word on Decentraland’s Numbers
Counting users in the metaverse is tough. CoinDesk scoured and analyzed multiple data sources to distill an answer.
Avatar in Decentraland (Decentraland)

The main square for NYE in Decentraland.
Decentraland DAO Considers Pausing Grants as FTX Collapse Spotlights Diversification
The metaverse platform’s DAO community treasury holds over 99% of its assets in MANA, Decentraland’s native cryptocurrency.
The main square for NYE in Decentraland.