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Metanews Videos January 14, 2022

CatVers: Catalonia has developed a metaverse digital realm

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A Catalan immersive digital realm, or metaverse, already exists. CatVers is an open-access virtual platform that was established earlier this week with the cooperation of the Barcelona Chamber of Commerce. As well as the regional government.

CatVers

The government wants to portray itself as a trailblazer in a subject that was previously to be exclusively for private sector visionaries. However, according to the developers, the Catalan Blockchain Center (CBCat), governments should lead the development of this new frontier. Indeed, it is their responsibility to safeguard human rights.

Metaverses to become more frequent in the future.

CatVers is a single-language app that is only available in Catalan. The organizers make no bones about their goal of preserving Catalan language, identity, and culture in the virtual world.

Users, on the other hand, have some challenges. Access to the metaverse is currently for organizations and businesses-only, who support CatVers’ goals and mission. These organizations and businesses must fill out an online registration form.

They can construct rooms and issue access codes for their employees or members to hold virtual meetings once they have access. The metaverse can be accessed through any internet-connected electronic screen, although it is best experienced using VR glasses.

Only two months of free access will be accessible. Following that, a “reasonable” charge will be implemented. Within the metaverse, there is also talk of introducing a virtual currency.

The organizers expect that the project will swiftly become “economically viable,” arguing that it is a transformational sector. “Which will reshape the internet as we know it”.

CatVers will host a virtual campus later this year, which will serve Catalan universities, as well as art events and festivals in the months ahead. The organizers also intend to establish “decentralized governance” of the metaverse, which will be administered by the organizations that join up.

For MetaNews.

Jonathan Hobbs is an Australian investor and author that trades on a variety of asset classes, including currencies, equities, and commodities. Jonathan’s experience as a macro trader leverages his unique writing style to combine important elements, such as technical analysis and news. The other elements that he brings into his unique writing styles are foundation analysis aimed at rational equilibrium values, evaluating the sizes and motivations of buyers and sellers, as well as identifying the needs of the buyers and sellers in the individual markets. Jonathan is committed to quality writing for new traders as well as veterans.

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