Metaverse
With the metaverse concept rising, Metaverse Alliance believes that it is the next iteration, blending the virtual world and the real one. The Alliance has announced a hackathon for the metaverse, a Metathon, if you will. The Metathon event is aimed towards giving different projects different opportunities to come forward
Ready Player Me, a company building a “connective passport for the metaverse” has raised $13 million in a funding round led by venture capital firm Taavet+Sten. Other investors that participated in the round include NordicNinja, Konvoy Ventures, Samsung Next, Tom Preston-Werner, co-founder of Github. The three-dimensional avatar platform is
Chinese tech giant Baidu is not looking to be left out on the metaverse race. The company has officially begun internal testing of its first metaverse-based app called XiRang. Testing has now been opened to a designated group of users as the company pushes to gain a foothold in the
The Chinese government has shown that it is not particularly pro-crypto. However, investors have continued to defy the government’s warnings on the metaverse. Reports claim that more than 1,300 Chinese companies have registered metaverse-related trademarks. The People’s Bank of China (PBoC) has issued a number of warnings
Tesla’s CEO Elon Musk does not appear to be a huge fan of the metaverse. According to him, the metaverse is more of a marketing jargon at this stage. Musk, in an early Monday tweet reacting to a video of David Letterman criticizing the idea of the internet, said
Over the weekend, leading crypto exchange Binance announced the launch of ‘Cryptmas Metaverse Mystery Box Collection,’ the first-ever Metaverse-themed Christmas event. Christmas is undoubtedly the season of giving and spreading love and Binance is about to make this year’s Christmas one to remember. Users of the platform stand a
Beyond being touted as the future of workplace meetings by Microsoft’s Bill Gates, the metaverse could also become the future of learning. VictoryXR, a virtual reality and augmented reality educational solutions company, has partnered with Meta Platforms Inc. to launch 10 metaverse university campuses across the US by 2022.
Amid all the hype surrounding the metaverse as the next big thing, you probably never imagined it would be used as a tool for sexual harassment. A woman working as a beta tester on Meta’s Horizon Worlds has alleged that she was groped by a stranger. The incident was
To create a DAO, define its purpose, build a community, establish funding and allocate governance tokens. Use open-source DAO tools to launch and govern it. Different DAO types may require different tools. Alibaba Group Holding could be the latest global brand to jump on the metaverse bandwagon. The Chinese multinational
According to the CEO of Meta Platforms Inc. (formerly Facebook), India has an important role to play in building the metaverse, thanks to its large pool of creators and developers. While speaking at the Fuel for India event earlier this week, Zuckerberg said: When we're thinking about what
As many global brands jump on the supposed “next big thing,” the metaverse, Intel has finally shared its strategy for entering into the metaverse. Executives of the world’s largest semiconductor manufacturer have revealed that the company is working on software that will allow users to pool computing power from
On Monday, Nike Inc announced that it had purchased RTFKT, a virtual sneaker company, for an undisclosed amount. The sportswear giant is quickly expanding its footprint in the fast-rising metaverse. The metaverse race is hitting up among several major brands. Last month, Nike became one of the first global brands
A spokesperson for Meta Platforms Inc., the owners of social media giant Facebook, has revealed that the company is behind a $60 million deal to purchase the trademark assets of Meta Financial Group. According to a Reuters report, US regional bank Meta Financial disclosed in a regulatory filing on Monday
Metaverse
On November 2, an Instagram user with the handle @metaverse woke up to see that her decade-old account had been disabled. The New York Times first reported that Thea-Mai Baumann, who is an Australian artist and technologist, got a message from Instagram notifying her that her account had been "