Metaverse Updates for July 12: Crypto markets remain on a downward trend, announcing the first Metaverse hospital, alongside new developments from GameStop's NFT efforts.

• Yikes, the crypto markets The crypto landscape remains grim, with Bitcoin struggling to stay above $20,000 and Ethereum nearing the $1,000 mark.
• The Thumbay Group, a healthcare organization from the UAE, is set to revolutionize patient care by creating the first Metaverse hospital where individuals can access services through VR and AR technologies. This innovation bridges the gap in remote medical care.
• Singer Chris Brown’s NFT venture In a major setback, the highly anticipated NFT drop has resulted in only a couple of hundred tokens being minted out of a vast selection, while his former partner, Rihanna, achieves billionaire status through her entrepreneurial ventures.
• Men’s magazine Playboy Playboy's experience has now ventured into The Sandbox Metaverse, featuring the 'MetaMansion,' filled with archival content from the magazine and unique NFT launches, accompanied by exciting planned events. It's time to don your bunny ears and explore this virtual space.
• GameStonksIn an interesting turn, GameStop has launched its NFT marketplace and is ready to distribute a staggering $100 million in grants aimed at supporting talented game developers.
• A prominent South Korean blockchain enterprise, Dunamu, is driving innovation in the region, backed by an impressive injection of up to $380 million, which is set to potentially create thousands of new employment opportunities. Web3 startups NowHere presents the NFT art exhibition titled 'Women Of The World,' showcasing diverse talents and perspectives.

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