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Metaverse April 3, 2022

MYEG aspires to engage in ASEAN metaverse

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Through its investments in next-generation technologies, MYEG is prepared to become one of the most important actors in the establishment of a metaverse ecosystem.

Malaysia’s biggest digital services firm said in a statement that it aims to digitally integrate Asean and China through a virtual world to establish a new class of value-added services.

“MYEG is now engaged in the development of a blockchain ecosystem in various Asean nations, with the goal of connecting the Southeast Asian market with the Chinese market,” according to the statement.

Metaverse combines several technologies such as cloud computing, augmented reality (AR), virtual reality (VR), and blockchain; the complexity of its ecosystems offers enormous potential, and the concept of non-fungible tokens has grown its appeal in the past year (NFT).

At a recent webinar titled “NFT: The Key to Connecting the Metaverse to Reality,” presented by the Alliance of Blockchain Industry (ABI), a consortium of blockchain companies, MYEG disclosed its aim to contribute to the development of the metaverse.

MYEG has developed NFT Pangolin, a worldwide NFT marketplace that allows the issuance and trading of NFTs and is set to run on the soon-to-be-released Zetrix Layer 1 blockchain network as part of its ambition to assist expand the metaverse ecosystem.

According to the press release, MYEG has been experimenting with augmented reality, virtual reality, and blockchain since 2018, with the goal of developing strong integration amongst diverse technologies in order to create a metaverse ecosystem.

According to the release, it has since invested in a number of technology companies, including Zetrix (blockchain), NFT Pangolin (NFTs), and DeepScience (optical technology), with a strong focus on key metaverse technologies and areas like mapping sensors to human actions, visual tracking, edge rendering, and digital arts and creativity.

“There are problems when running cross-border blockchains between countries, such as ensuring compliance with each country’s legislative framework in order to create safer and more effective cross-border data sharing”.

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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Metaverse

Nissan presented a release in the metaverse

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The Nissan Sakura is the automaker’s first Kei car that runs entirely on electric power. The all-new Nissan Sakura is a compact electric vehicle that is derived from the IMk Concept, which was presented for the first time at the 2019 Tokyo Motor Show. The little electric vehicle had its first public showing at Nissan’s Global Headquarters in Japan, and then it was unveiled virtually in the metaverse shortly after that.

In addition, it is possible to get a virtual feel for the Sakura by visiting the Nissan Crossing, which also provides opportunities to do virtual test drives. According to the manufacturer of the vehicle, the purpose of the metaverse debut of the Nissan Sakura was to provide clients with a one-of-a-kind experience that featured elements of immersive music and lighting. Additionally, a live broadcast was made available on the YouTube account that Nissan manages; however, the broadcast was only available in Japanese.

Nissan believes that once this project is finished, it will serve as a sign of the company’s growing presence in the metaverse as well as the introduction of new ways for businesses to digitally engage with their consumers

“The all-new Sakura follows in the footsteps of the LEAF and the Ariya as an electric car for the mainstream market,” declared Asako Hoshino, Executive Vice President of Nissan. “The LEAF and the Ariya have paved the way for the all-new Sakura,” she added. We believe that it will be a significant game changer for the Japanese market, making it far easier for consumers in Japan to get electric vehicles.

The new Nissan Sakura electric vehicle comes standard with a battery pack that has a capacity of 20 kWh and an electric motor that has a maximum output of 47 kW (63 hp) and 195 Nm of peak torque. It is reported that this electric car has a range of up to 180 kilometers on a single charge and that it can be charged from 0 to 80 percent in around 40 minutes when using a fast charger. It can be purchased for 2,333,100 yen in Japan, which is about 14.15 lakh Indian Rupees.

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Metaverse

Yupix pushes VR use for metaverse real estate

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Virtual reality is sweeping South Florida, with businesses incorporating technology into healthcare, fitness, and other aspects of daily life. YUPIX, a Miami-based technology firm that claims to revolutionize how individuals interact with the world.

“Just as a book is an extension of your mind, YUPIX, or spatial computing, is an extension of your reality. Imagine how powerful your life would be if your reality could be stretched to new heights.” “The term YUPIX comes from the fact that you choose your own reality, what you want to see, and you are the main character,” Alesso explained.

The company’s major emphasis is real estate, and one of its featured projects is the E11EVEN Hotel & Residences Miami and E11EVEN Hotel Residences Beyond, a pair of 65-story residences in downtown Miami that aims to emphasize luxury living.

Even if the place isn’t ready yet, YUPIX can give users a preview of what’s to come

YUPIX’s technology can also identify possible issues, develop solutions, and speed up the decision-making process in the real estate development process. According to YUPIX, the first tower is already sold out, and the second tower is around 90% sold out, a figure that even the property’s own website emphasizes. The company’s long-term ambition is to grow beyond Miami, eventually becoming an international brand that anybody can visit at any time, from anywhere.

“So you’ll be engaging all the time, between the actual world and the virtual world in a way that seems very natural,” Navarro added.

While some may be wary of the transition, YUPIX believes that this is a watershed moment for technology, another step into the ever-evolving metaverse, and a chance to pave the road for the future.

“I feel that technology gives us power.” Technology is neither good nor harmful in and of itself. It’s up to us to figure out how to utilize it appropriately, and it’s up to us to figure out how to use this new power,” Alesso remarked.

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Metaverse

Airres pushes metaverse hardware

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A revolutionary mask could give us a first-hand encounter of the terrifying Metaverse. Virtual and augmented reality are supposed to let us go places we can’t physically reach or experience physics-impossible things.

The Metaverse promises to give sensations like walking on Mars without worrying about breathing. Some individuals reject these encounters as phony and implausible because you can only see them. A team of academics is aiming to imitate how you breathe in virtual environments, but it might make it feel too genuine and confuse our brains and bodies.

Eyes and hearing are the easiest and most crucial senses to trick to establish suspension of belief. No matter how impressive the illusion is, it falls apart when you try to move and interact with the virtual world while standing motionless. Much of the R&D for the technology that will power the Metaverse focuses on navigation and interaction, such as gloves and walking machines. Few address the plausibility of scent or breathe.

Salzburg University of Applied Sciences researchers are constructing a mask to restrict airflow to adjust breathing resistance and the wearer’s breathing capabilities

The prototype appears like a bleached dystopian gas mask, hinting at its serious purpose. If created commercially, the end product would be more refined.

The goal is to make virtual reality more believable by deceiving your body into thinking it’s in the real world. The mask can adjust and limit airflow so you have the same difficulties breathing as in a real fire. It may trigger the brain’s fight-or-flight reaction, making the experience more real without threatening the wearer. Hopefully, the user can handle such tension.

The person’s respiration might also be utilized to influence their virtual avatar, making it look as weary as they are. It can also be used to blow out candles and inflate balloons. The mask can be used for training scenarios for firemen and emergency personnel.

Virtual reality critics may also critique this creation for being too lifelike. Realism could reduce the appeal of the Metaverse, especially the ability to experience multiple places, worlds, and objects without hyperventilating. Horror games and exercise are great for breathing control devices, but most individuals will try to do without. A similar mask can also be used for medical purposes to monitor and manage a patient’s respiration.

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