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ChainCatcher news, according to Jinshi reports, U.S. stocks closed lower on Wednesday, with the Dow initially down 0.7%, the S&P 500 index down 0.5%, and the Nasdaq down 0.93%. Apple (AAPL.O) fell over 1%, AMD (AMD.O) dropped 3.2%, and Google A (GOOGL.O) rose 0.4%. The Nasdaq Golden Dragon China Index closed down 0.92%, with Kingsoft Cloud (KC.O) and NetEase (NTES.O) both down over 4%.

ChainCatcher news, according to reports from Baoliaotai, NetEase Cloud Music Vice President Ding Bo has started his own business in December 2023.It is reported that in 2009, Ding Bo joined NetEase, responsible for music-related content, serving as the chief editor of NetEase Entertainment Center, chief editor of the Music Center, deputy director of the Music Center, and deputy general manager of NetEase Music Division. Information shows that before leaving NetEase Cloud Music, Ding Bo was fully responsible for operational management.According to reports, Ding Bo is dedicated to building a fan-led Web3 music platform, utilizing NFR technology to assetize copyright content, attracting the public to become investors in copyright content, aiming to enhance the financial attributes of digital music copyrights.

ChainCatcher news, Xunfeng Metaverse has opened the physical rights exercise for digital collectibles. Users across the country are "brewing" and minting the "Twenty-Four Solar Terms of Guizhou Moutai" digital collectibles in the metaverse. With the digital collectibles, they can pick up physical liquor at thousands of offline stores of Moutai. Currently, the registered user count of "Xunfeng Metaverse" is nearly 3 million.

ChainCatcher news, Guizhou Moutai announced that as of January 2, the number of registered users in the Xunfeng Digital World has officially surpassed 1 million. On January 1 at 9 AM, the app named "Xunfeng" was made available for download. The "Moutai Time and Space" public account showed that the number of users on the first day exceeded 550,000; by midnight that day, the download ranking of the "Xunfeng" digital world on Apple phones was first, once again showcasing the popularity of the "i Moutai" trial run on its first day.It is understood that the Xunfeng Digital World is built by Xunfeng Technology (Guizhou) Co., Ltd., which was jointly funded by Moutai Cultural Tourism under the Moutai Group and NetEase Haowu under the NetEase Group. Relying on NetEase's virtual reality research and development technology, the Xunfeng Digital World applies technologies such as interactive experience engines and digital twins, using "the source of Moutai liquor" as the starting point, mapping every plant and tree, every scene and object into the virtual world, deeply restoring the Moutai brewing environment, exploring Moutai's historical culture and craftsmanship, and creating a "parallel world" belonging to Moutai and its users. (source link)

ChainCatcher news, on January 1, the metaverse company "Danghong Qitian," co-founded and held by Zhang Yimou, recently completed a B++ round of financing, with the specific amount of financing unknown. NetEase participated in this round of investment through NetEase Media Technology (Beijing) Co., Ltd.According to the official website, Danghong Qitian is committed to creating immersive experiences, including technologies such as XR, with the vision of "becoming a great metaverse cultural technology company." In October last year, Danghong Qitian announced the completion of several hundred million yuan in B round financing, led by Xiaomi's investment arm and Jianyin International, with participation from Yecao Venture Capital and Lenovo Venture Capital; in February this year, Danghong Qitian announced the completion of B+ round financing, with investors including Lakala and the Blueprint Haixing Fund established by BlueFocus as cornerstone investors. (source link)

ChainCatcher news, the mobile game company Netmarble, which set a record for IPO fundraising in South Korea in 2017, will develop the metaverse game Grand Cross: Metaworld based on Sui. The game will be developed using the Unreal Engine 5, allowing users to design their own spaces and customize their avatars in the game through the console camera.It is reported that Grand Cross: Metaworld will enter closed beta testing in the first half of 2023, with the goal of a full release by the end of 2023. (source link)