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Metaverse April 7, 2022

The Latest and Greatest on Shiba Inu and the Metaverse

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We wrote previously on the Shiba Inu project called the SHIBverse, and there have been some new developments since then. It’s no secret that the Shiba Inu name and its value have dropped significantly in the past six months. The attempt to launch a new Metaverse property with over a hundred thousand plots has raised a few eyebrows. Some people think this is a ditch effort to grow the brand and save the valuation from completely dropping through the floor. Some, however, are confident that this is a good move for them overall.

 

 

 

“If looking for a new crypto project that is still mooning, then Centcex might be an ideal investment today. There are a number of factors making Centcex stand out from the rest of the new projects.”  -Analytics Insight

 

 

There is some debate over whether or not the Metaverse can provide enough solid crypto competition to develop the SHIBverse solidly. Getting it off the ground is going to be touch and go as it is, and many are not confident in the company’s ability to generate sufficient competition. The blockchain does in fact offer a new landscape and dynamic mechanisms to uphold an immense commercial market. However, it remains to be seen if this was a good move for the SHIB.

 

Comments

To make their product viable and initially appealing, Shib has a lot of work ahead of them. They need to offer something to the user-base that will justify the expenditure on the cost of the blockchain. Maybe this will occur, maybe it won’t. Time will tell.

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

Billy Houghton is a top acclaimed and sought-after commodities futures trading expert. The expertise and in-depth level of analysis that is offered by Billy Houghton is what has managed to put him at the stage of being the top ranked author for MetaNews among multiple different categories. Throughout his career, Billy has specifically spent over three decades on Wall Street fine-tuning his skills, which included over two decades at a trading desk. In more recent times, specifically the last decade, Billy has been researching algorithms of AI in futures trading, and believes they are the future of trading. He started writing about the Metaverse, as he thinks its the future of everything AI related.

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Metaverse

Nomura unveils a new metaverse subsidiary

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Despite the recent turbulence, it has been announced that Nomura will form a cryptocurrency-focused subsidiary under its digital asset arm. This is just another indicator of increased bank adoption of cryptocurrencies.

According to a statement made by Nomura, the company recently formed its “Digital Company” with the goal of “accelerating uptake of digital technologies and enhancing our client services,” with a particular emphasis on digital assets.

And in the most recent development, the Japanese financial giant will devote focus on digital assets, such as cryptocurrencies, stablecoins, or non-fungible tokens, with the launch of a subsidiary within Digital Company, according to a report from “Bloomberg,” which cites senior managing director Kaoru Numata, who oversees digital projects and retail marketing. Numata is quoted in the report as saying that the subsidiary will focus on digital assets.

After observing “substantially” increasing client demand over the course of the previous two years, Nomura only recently introduced Bitcoin futures

Despite the recent instability, a growing number of banks are continuing to enhance their acceptance of cryptocurrency. This trend was particularly fueled by the failure of the stablecoin TerraUSD. It was revealed last week that Barclays and Goldman Sachs made an investment in the crypto trading business Elwood Technologies owned by the British hedge fund billionaire Alan Howard. The latter financial institution only recently introduced its very first Bitcoin-backed lending facility a month ago.

In addition, Digital Company is going to look into the possibilities offered by the metaverse, such as giving advice on recently passed laws or engaging in online fundraising.

The expansion of Digital Company’s research and development efforts into the metaverse and other blockchain-driven services may need the hiring of “a few dozen” additional staff members. The specifics of how Nomura intends to implement the metaverse are not yet complete.

For MetaNews.

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Metaverse

Nissan presented a release in the metaverse

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Nissan released its all-new Sakura, which is a compact electric vehicle that is derived from the IMk Concept. It 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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