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Metaverse May 29, 2022

Virtual Pangea develops a disruptive metaverse

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Blockchain innovator Virtual Pangea AG reveals solid plans to build its multilayered, immersive ecosystem in the metaverse. With a fresh new online look and a comprehensive lightpaper just released, Virtual Pangea puts forth a new, radical vision for products and services built for web3.

The company’s vision is a strong focus on community ownership and developing solutions and experiences that will enrich both our physical and digital worlds. The Lightpaper offers a glimpse into the Virtual Pangea ecosystem of products and services, detailing ongoing initiatives such as: the nexus technology, Block-0, multi-device compatibility approach and a focus on a contribute & earn model.

“We are excited to bring our visionary project to the world,” said Dani Chear, CEO of Virtual Pangea. “From the get-go, we had the vision of an ecosystem based on open economies and immersive environments that support and nurture communities.”

Built on four pillars, the Virtual Pangea ecosystem aims to offer businesses, institutions, and users a seamless metaverse experience

Powered by contribute & earn mechanics, the company’s fundamentals are built around a gamified network of user-generated interactions, content and services that will make up a comprehensive economy in an immersive environment.

Contribute & earn mechanics powers the ecosystem’s economy that is built on the value shared model. Aimed at nurturing strong, diverse, and collaborative communities, the ecosystem will allow all participants to create, engage and contribute to an ever-expanding interactive cross-layer experience, to create the ultimate multilayer metaverse named Virtual Pangea.

As a part of the value shared model, the company has devised an XP (Experience Points) reward distribution system that measures all Pangeans’ contributions within the ecosystem. The interactions in the platform – such as playing a game, socializing, shopping or creating art – are measured in XP in a manner familiar to those playing video games. Each month, the reward system weighs individual contributions against the overall value generated, and automatically redistributes a share of the Virtual Pangea utility tokens (VP Token) to each member, based on those contributions.

“Creating this inclusive and immersive ecosystem is also our way to contribute to technology research & development and further blockchain adoption,” concluded Dani Chear.

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

TLGT is an innovative NFT project

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Planet TLGT is an ecosystem that has been created for the welfare of both the natural world and its inhabitants. It includes a wide range of initiatives, such as NFT projects, Metaverse projects, IRL projects, plantation drives, DAO, and DeFi initiatives, amongst others, with the goal of generating money while also protecting the environment.

The Lucky Golden Trees are non-fungible tokens that are generated at random

These tokens are also known as “NFTs.” Owners are granted access to a variety of community perks, including additional FREE High value NFTs, rewards, and the ability to use Planet TLGT. There are 11111 TLGTs, and each one is totally different from the others. On the Polygon blockchain, TLGTs can be mined, held, and exchanged once they have been created.

There are 1111 reservations in all. Out of these, 300 will be reserved for the ever-growing squad, and the remaining 555 will be distributed as prizes. The remaining items will be sold off at private auctions. “Once it is available, holders will be able to acquire a TLGT NFT by going to the website, scrolling down to the minting section, and then clicking the “Mint Now” button.”

Planet TLGT has set itself the goal of providing its holders with a lifestyle that is secure, organic, and luxurious. The protection of one’s privacy, organic food for one’s health, and the opulence of one’s living standard.

“We are developing a TLGT Village with excellent standards of living at minimum expense using a novel concept called the Physical-Virtual Home, and TLGT-Fam will have lifetime free access to it.”

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Metaverse

Disney steps into the metaverse with project

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Bob Chapek revealed Walt Disney Co.‘s first new cruise ship in a decade. It was the first project he championed to the company’s board. Chapek became Disney’s CEO in February 2020 and earned a three-year contract extension on Tuesday after recent issues spurred questions about his stay.

Chapek informed attendees at the christening event that it took six years to build the 144,000-ton Wish. Mickey and Minnie Mouse, Ant-Man, Chewbacca, and other Disney characters made appearances. “We combine wonderful personalities and tales with incredible technology,” Chapek remarked.

Disney’s theme parks, experiences, and goods unit has rebounded from pandemic closures. First-half operating income was $4.2 billion, reversing a $535 million deficit a year earlier. Chapek said in November that Disney’s premium-priced cruises have yielded “a double-digit return on investment.”

The Wish “kicks off the largest expansion in Disney Cruise Line history,” said Disney’s parks division head Josh D’Amaro. By 2025, two more ships will arrive

The new ship sails as the industry tries to win back consumers. Moreover, the Cruise Lines International Association thinks it will be 2023 before passenger volume surpasses 2019’s 29.7 million.

D’Amaro said bookings indicate Disney’s cruise line will return to full capacity.”We’ll have seven of them filled out,” he added. “I’m positive.” In addition, ” People who join this ship spend three days at Walt Disney World.”

AquaMouse will be the Disney Wish’s first attraction at sea. Guests float through 760 feet (230 meters) of winding tubes while seeing Mickey and other animated shorts. Families may dine in “Frozen” and “Avengers” realms. Disney designed a “Solo: A Star Wars Story”-themed hyperspace lounge for adults.

The ship features a physical-digital interactive experience. A Disney Cruise Line software turns a phone into a virtual “spyglass” for viewing constellations and going on adventures.

The interactive game further Chapek’s metaverse ambitions. The executive recommends virtual activities to keep consumers linked to Disney characters and tales between movie releases and park visits. The Disney Wish departs Port Canaveral, Florida, on July 14.

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Metaverse

Slash holds metaverse VR concert

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Slash, the guitarist for Guns N’ Roses, has joined the metaverse in order to conduct a performance inside of virtual reality. Slash Featuring Myles Kennedy & The Conspirators will be joining the company’s Magic Mirror Musical Metaverse as a result of a collaboration with Groove Science Studios, the creator of the virtual reality music platform Soundscape VR, which has been in operation for the longest amount of time.

The band will be debuting all 10 songs from Slash’s newest album, 4, during their performance at Live At Studios 60

Slash is quoted as saying, “I’m incredibly psyched about this fantastic VR version of our live performance at Studios 60.” “It’s a brand-new, immersive picture that creates a fantastic ‘in the room’ sense.”

Eric Alexander, the founder and creator of Soundscape VR, shared his thoughts on the matter, saying, “It’s a milestone for SVR to display famous artists like Slash.”

Artists all around the world are seeing SVR and Magic Mirror as the ultimate digital presentation of their work because it provides viewers with an experience that is completely unique and is built for the highest degrees of immersion. Soundscape maintains its position as the undisputed leader in the investigation and presentation of the world’s most cutting-edge musical metaverse technologies.

The augmented reality and virtual reality markets are now seeing explosive growth, which is projected to reach 209.2 billion dollars by the end of this year. The Magic Mirror is a platform provided by Soundscape VR that allows musicians to exhibit their work in a digital environment that is both immersive and rapidly expanding. This environment combines virtual reality, augmented reality, and the internet.

Guests visiting the virtual reality show will have the opportunity to personalize an avatar of themselves by selecting new cosmetic options, including new hairstyles, clothing, and other items.

Users can attend these special Magic Mirror performances by downloading SVR for free from Steam VR or Oculus Home, depending on which platform they choose.

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