Metaverse December 7, 2021

Metaverse: Companies discussed the ecosystem at Beyond Expo 2021

Published

6 months ago

December 7, 2021

At Beyond Expo 2021, representatives from Nvidia, Eyexpo, and Shanghai Jiaotong University highlighted the metaverse ecosystem. Indeed, companies are considering how to profit from its growing popularity in China and around the world.

TechNode spoke with technology professionals at the Beyond Expo technology conference. Which was hosted at the Venetian Macau Convention and Exhibition Center in Macau. It covered the best methods to engage and benefit from the developing metaverse ecosystem.

“At this moment, we regard ourselves as the builders of the metaverse,” Shi Chengqiu, senior technical marketing manager at Nvidia China, stated. To create a healthy ecosystem, we want to focus on engaging with our partners, including virtual reality (VR) and augmented reality (AR) device makers, cloud firms, and IT organizations. Perhaps we will be able to participate in virtual reality in the future.

“China has a population of 1.4 billion people and a sizable online population. Many people have one or two connected devices. We might be able to make money if we create a metaverse’s ecology that Chinese people find useful for work, socializing, and entertainment.”

“I believe Nvidia’s positioning in the metaverse will be a three-step process. Being a creator first, then a participant, and lastly a business that profits from it.”

A race to the new ecosystem.

“The main internet firms are responding faster than others to the concept of metaverse,” said Angela Pan, CEO of Eyexpo Technology. Moreover, many mid-sized businesses will begin to take the lead next year. These businesses offer services that connect the big players with smaller businesses.

Furthermore, “for most businesses, the first straightforward step into the metaverse is to develop related content. Many live-streamed events, for example, now leverage virtual characters and virtual intellectual property (IP) to create metaverse-related material.

“Smaller businesses should focus on developing unique IP and partnering with medium-sized solution providers to help them build a small metaverse environment, rather than building it themselves, because the majority of the metaverse infrastructure will be handled by specialized technology firms.”

For MetaNews.

Up Next

Metaverse: RFOX is pushing the envelope in the market

Don't Miss

Here are a Few Shares That Are Predicted to Rise on Metaverse

Jonathan Hobbs

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.

Click to comment

Metaverse

PandaQ is a new NFT collection

Published

7 hours ago

May 22, 2022

Michelle D. Madsen

PandaQ refers to a group of 8,888 distinct pandas that are linked to one another by means of the Ethereum blockchain. The assortment will be made available for purchase in the marketplace that can be found on Opensea.

Each Panda is one of a kind due to the fact that it is made up of over two hundred individually crafted parts that, when put together, form a character that is extremely rare and almost never seen. This makes each Panda a one-of-a-kind collectible.

“Joining the Panda community means becoming a part of a fantastic group of people who believe in blockchain technology and a decentralized future,” said one member of the Panda community. “Panda is an open-source blockchain-based digital asset platform.”

Once users have joined the whitelist, they will be eligible for a discount equal to twenty percent off the purchase price and will be able to save money on their monthly gasoline bills

In addition, anyone who participates in the pre-sale will be given the opportunity to purchase one of just ten unique PandaQ NFTs that will be made available. There will be no more than ten of these items available. In addition, anyone who already has two adult Panda NFTs will be eligible to receive a junior Panda NFT at no additional cost if they meet the requirements for this bonus.

At least 80% of the profits made from sales will be contributed to the projects that are still in the planning stages on the Pandaq Launchpad. The ten percent that is left over will be applied toward offsetting some of the costs that are associated with the Launchpad.

The group is comprised of a wide variety of experts in their respective fields, ranging from marketers and technicians to social media and business development specialists and business development specialists. The team’s primary goal is to provide the best possible service to the client. By doing so, they can guarantee that the project will be a resounding and unqualified success.

Twitter: twitter.com/pandaqio

MetaNews.

Metaverse

Metaverse sports tournament to be held in MENA

Published

7 hours ago

May 22, 2022

Michelle D. Madsen

Qatar is the host country for the first EA Sports metaverse event to be held in the MENA area. This first-of-its-kind metaverse competition offers a total prize pool of QAR 182,000 to be split among the four winners who are qualified from EA Sports.

The much-anticipated EA Sports FIFA22 Champions Cup, which will take place in Qatar, ushers in a brand-new age of e-sports thanks to the fact that the entire competition will be streamed live in the metaverse.

E-sports fans will get the opportunity to see top players compete for the championship during the event, which will take place on May 24, 25, and 28 at the Aspire Ladies Sports Hall in Doha.

The competition will be the first of its kind to take place in the region

Along with a wealth of entertainment options and activities, the event will also feature influential figures from FIFA and Qatar. This will ensure that the evening will be one that is not soon forgotten. The foyer will open at 5:30 in the evening.

Additionally, Ooredoo Nation – Gamers’ Land, the company’s very own eSports brand, will be providing a variety of exclusive non-fungible tokens for purchase (NFT).

According to Nasser bin Hamad bin Nasser Al Thani, the chief commercial officer of Ooredoo, “We are proud and excited to delve into the area of Web 3.0 technologies with this latest eSports breakthrough, which coincides well with our strategic commitment to engage in innovation.”

“In this day and age, we believe that eSports is one of the most important areas of attention, and it is also an area in which we can explore the many chances to provide our consumers with an experience that is unequaled.”

This one-of-a-kind competition will feature the participation of a total of 12 of the best EA Sports FIFA22 players, as well as four players from the region who have qualified by playing in online qualification games hosted by Ooredoo Nation – Gamers’ Land.

The grand prize pool for this competition is worth a total of fifty thousand dollars. The winner of first place will get $25,000, the winner of second place will receive $15,000, and the winners of third place and fourth place will each receive $5,000.

MetaNews.

Metaverse

Mercedes-Benz joins a new metaverse consortium

Published

7 hours ago

May 22, 2022

Michelle D. Madsen

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.