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China soaks up the metaverse

In China the metaverse has been taking shape from the ground up with the driving force of young people. The word “metaverse,” invented by science fiction writer Neal Stephenson in his 1992 novel Snow Crash, today refers to a planned

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Tencent creates new metaverse unit

China’s Tencent Holdings publicly announced the launch of a “extended reality” (XR) subsidiary to its employees on Monday, formally putting its bets on the metaverse notion of virtual worlds. The unit is in charge of growing Tencent’s extended reality business,

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STEPVR unveils a brand-new metaverse project

STEPVR, an innovative company focusing on VR technology research and development, released VR Gates to the metaverse called Gates01 in Beijing. This product is similar to the “Oasis” in the movie Ready Player One. Omnidirectional movement and five-sense equipment enable

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