The metaverse may become a multibillion dollar opportunity in just a few short years, but even with the word on everyone’s lips, it’s hard to arrive at an exact definition of the newest buzzword in the industry Last month, the
Where will we see more funding? So yet, funding for metaverse-related areas has only been a start. To develop out the metaverse, there will need to be investment in a variety of other areas. Jed Strong, CEO of gaming payments
The metaverse could seal the deal for decentralized digital currency To be sure, the metaverse and cryptocurrencies are still in their infancy. Indeed, on the newly christened Meta Platforms CEO Mark Zuckerberg’s Q3 2021 earnings call. He stated that actual
Many people were upset when Facebook announced that it will change its name to META. Moreover many critics around the world questioned the company’s decision to change the name. Despite the explanation that the new name will better “encompass” the
YellowHead, a mobile marketing agency, and Facebook/Meta have teamed up to develop the Meta Startup Hub, which offers a variety of services to Israeli startups. Both businesses will set up specialized teams in Israel to assist startups with digital marketing,
Alpha Esports Tech subsidiary Paradise City Gaming to develop AR based experiences to increase foothold within the Metaverse Alpha Esports Tech, a technology company focused on emerging markets in esports, mobile gaming, commerce, blockchain. And high-growth opportunities announced that its
The island nation of Barbados is prepared to formally designate digital real estate sovereign territory by establishing a metaverse embassy. Which might be considered as a historic step toward the legitimization of the metaverse. The Caribbean country is collaborating with
A 30-year-old open-source file format adopted by Apple is getting a makeover amid the hype around the idea of a borderless metaverse. In a press briefing ahead of this week’s GPU Technology Conference, Nvidia’s vice president of Omniverse, Richard Kerris,
In digital form, NFTs represent non-fungible assets. In more technical terms, an NFT is a piece of software code that verifies that you own a non-fungible digital asset. Or the digital representation of a non-fungible physical asset. It is important
Sharp-elbowed IT companies are eager to get on the metaverse bandwagon from every angle. Two of the most well-known dating app companies have realized that the metaverse is a good fit for their business strategies. On a quarterly earnings call
Aspects of the metaverse have already found their way into academic institutions. The metaverse’s true revolutionary potential rests in how it enables for more profit in higher education. These advancements may further commercialize the student experience. And exploit the work
Revitalist announced that it has signed a binding letter of intent with Metachain Technologies Inc. This collaboration aims at the development of virtual mental health clinics in the Metaverse environment. With real-time patients and mental health experts. META’s initial projects
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