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Metaverse May 22, 2022

Mercedes-Benz joins a new metaverse consortium

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The Aura blockchain consortium has welcomed Mercedes-Benz as a new member. The German group is the only automaker to join the global blockchain platform for the luxury industry. The platform was formed by industry heavyweights LVMH, Prada, Cartier, part of Richemont, and OTB Group. The German group is the fifth founder member of the network.

Aura Blockchain Consortium is currently comprised of five members, expanding the capabilities of the blockchain platform

The consortium was established in 2017, and it relies on blockchain technology because of the secure digital format it provides. This helps to assure transparency and traceability of products and the sources of those items, which in turn helps to increase customer trust.

With the arrival of the metaverse, the consortium has also intensified its activities in creating its technical roadmap to include a variety of non-fungible token (NFT) solutions. This is consistent with the consortium’s collaborative approach, which is “by luxury brands for luxury brands.”

“Mercedes-Benz comes to us from a sector of the luxury industry that is completely new to us, and we couldn’t be happier to have them as our fifth founding member. This is an actionable step toward our larger aim of welcoming all sub-industries of the luxury industry […] Through the significant opportunities that our solutions offer in relation to our activities related to upstream, downstream, and NFTs, we are confident that the Mercedes-Benz team will make a tremendous contribution to our association and to the development of an innovative and cutting-edge technology. This is something that we are certain of “Daniela Ott, who serves as the Secretary General of the Aura Blockchain Consortium, made this statement.

At a conference, Stefano Rosso, the leader of the BVX (Brave Virtual Xperience) cluster, which was formed by OTB to produce projects and content for the virtual world, also greeted the arrival of the guests.

“Mercedes-Benz is the first automobile manufacturer to sign on with us. They have a high level of technological expertise and will assist us in expanding our horizons within the consortium”, he explained.

MetaNews.

Michelle D. Madsen graduated from the University of Westminster and has been deeply involved in the world of finance ever since. She has worked as a Broadcast Journalist hosting various news shows and informative webcasts about the financial markets. Since 2004 she has also been writing for MetaNews daily, her attention to detail, and her in-depth knowledge of the financial markets have led her to cover Foreign Exchange and commodities. The world of finance has changed in the last few years with the introduction and rising popularity of cryptocurrencies and the Metaverse. She has in no means been left behind, adding this to her bank of intellect and is now also an expert in cryptocurrencies. For the last ten years, Ms. Madsen has been engaged in the financial market. She has notedly written a great number of incredibly informative reviews for the crypto, NFT and the Metaverse. Her wealth of knowledge has enabled her to become a leading expert in the field. She continues to inform the public writing up-to-date, thorough reviews for the readers of MetaNews as she has for the last decade.

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Metaverse

TEC brings variety in the NFT space

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This project, known as The Excorcist’s Cookbook, is centered on the version of the metaverse known as the Sandbox that is currently available. Because this will be a play-to-learn game, the objective is to create a fictitious universe in which players take on the role of a bounty hunter tasked with tracking down both demons and people.

Even though the aesthetics in the Sandbox are limited at the moment, the developer is not going to let this deter them from designing fantastic gameplay features that will not only please the holders but also compensate those who are not voxel fans. The undertaking is significantly more extensive than the holders would ordinarily anticipate.

“We are planning to construct the largest map that we are capable of, complete with both above-ground fields and an underground tube network if at all possible. We have plans to introduce more complex melee combat mechanics, firearms, talents, and spells, as well as multiple classes with a variety of distinct playstyles.”

Each of the NFT will be playable in the game, and the first collection will be representative of the hunter class, which will mostly concentrate on gunfights

“We are going to launch the second collection exactly one month after we reach the point when 100 percent of the first collection has been sold, at which point we will expose the second collection to the public. On the pre-sale, the privilege to mint is going to be reserved only for the holders.”

The company is intending to introduce their very own cryptocurrency once all of the items in the second collection have been sold. This money will be generated automatically by holders for each of their assets; hence, the more assets they have, the more it will generate.

“We are not going to pause after the introduction of our currency for any reason. Since we have made it this far, we are going to celebrate by purchasing the first plot of land in the Sandbox and getting started on the actual game production! From this point on, we are going to inundate you with information regarding every strategy as well as every facet of the next game.”

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Metaverse

Volvo will host a new launch in the metaverse

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The official debut of the XC40 Recharge, Volvo Cars India’s first all-electric model, will take place on metaverse, the company said on Monday. The event, which is scheduled for July 26, will include the eagerly anticipated price reveal for the XC40 Recharge in India. Another first follows the announcement that the XC40 Recharge will be the first luxury EV to be built in India.

This will be the first time an automobile will be launched in India using dawn technology from the metaverse

The creation of the metaverse, a collection of numerous distinct virtual environments, elevates the internet to a new futuristic 3-D level. The XC40 Recharge’s launch in the metaverse will mark the beginning of a new era of digital connectivity that offers a 3D experience.

Mindshare and its collaborating partners created the Metaverse launch. “Volvo is renowned for utilizing technology to create high-tech, safe vehicles. Utilizing metaverse’s possibilities is simply one more instance of how Volvo Car is making use of cutting-edge technology from a marketing perspective. This is the first new launch to take place on this platform in the history of the Indian auto industry. According to Jyoti Malhotra, managing director of Volvo Car India, “We are certain that the XC40 Recharge will be widely embraced by customers who are looking for an EV with all the safety and luxuries features that Volvo Cars are famous with.”

Amin Lakhani, CEO of South Asia Mindshare, commented on this innovative project on the metaverse by saying, “Innovation and creativity play a critical role and are helping to the success of our sector. We strive to provide our clients with tech-enabled, creative marketing solutions. Utilizing cutting-edge technology to give customers distinctive brand experiences is an ongoing endeavour. By working together and leveraging the skills of partners like Hogarth, Yonder, Grey, and Genesis BCW, Mindshare aims to assist companies in forging closer connections with their target consumers. With the debut of Volvo’s first ever EV, we are thrilled to make Metaverse history.”

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Metaverse

COSMETA unveils HR metaverse project

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The first-ever HR blockchain startup, according to COSMETA. The company works with the largest group of Korean-American students in the world even though it is based in Delaware, USA. That’s because of its contacts with more than 100 Korean student unions at American universities.

Currently, COSMETA collaborates with big and small US businesses to offer HR services. The business, which was founded in 2021, aims to create the COSMETA INTERNATIONAL group in Malta to offer users reliable blockchain services. It also has aspirations to provide other blockchain-based products, such as games, an NFT marketplace, an NFT exchange, HR services in the metaverse, and a decentralized cryptocurrency exchange.

The company’s Ethereum-based proof-of-stake (PoS) currency, Crypto International (CRI), is one of the major components of COSMETA. The core of the ecosystem that COSMETA is constructing to offer consumers a wide range of products, including staking, will be CRI. Holders of CRI tokens will also be able to take part in the expansion of the ecosystem.

In August, the COSMETA team will roll out a second-generation wallet, which should increase user interest

The Manitou system, on which the wallet is based, enables CRI users to form groups for assistance from one another. Additionally, it makes bigger prizes available to those who have made major contributions to CRI.

The new feature will be a survey with a token airdrop option for respondents. Additionally, users can get cryptocurrency prizes for submitting their resumes to the portal.

The ILO/IDO phase of the project on Unicrypt, which is anticipated to take place this July, is another significant milestone on COSMETA’s agenda. The token’s DEX activities will benefit from more liquidity as a result of this event. The team also mentioned that it would shortly begin a whitelist campaign for a future lottery.

And last, COSMETA plans to integrate a payment mechanism into its network by the end of 2023. The project should also have a fully operational HR Metaverse by 2025.

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