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Metaverse June 12, 2022

YUPIX pushes real estate in the metaverse

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Two of the three minds behind YUPIX, a Miami-based technology startup that promises to alter the way people interact with the world, are Alvaro Alesso and Patricio Navarro.

“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 name 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 focus 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 highlight luxury living.

There’s no need for blueprints or models of the building once users put on the virtual reality headset. Moreover, they can walk through condominiums before they are built using YUPIX.

Fully equipped apartments are projected in the metaverse utilizing YUPIX, emphasising every last detail, as well as a virtual reality pool where users can swim

YUPIX’s technology can also be used to identify potential 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.

YUPIX’s long-term ambition is to grow the company beyond Miami, eventually becoming an international brand that anybody can visit in an instant, no matter where they are.

“So you’ll be engaging all the time, between the actual world and the virtual world in a really natural way, and that’s how we envisage the world,” Navarro explained.

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

“I feel that technology gives us power.” Technology is neither good nor bad 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.

The E11EVEN Hotel & Residences is scheduled to open in 2023. The second tower, E11EVEN Hotel Residences Beyond, is planned to begin building this summer. Both places are expected to be connected on the ground and by a sky bridge, according to YUPIX and other publications.

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

NeXR engages in new metaverse project

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NeXR Technologies SE has joined the Metaverse Standards Forum, a consortium of over 30 IT companies, groups, and entities working to create an interoperable Metaverse.

By joining the 35-person group, the Berlin, Germany-based company intends to share its expertise in open interoperability standards, avatar development, motion capturing (mocap), and virtual reality technologies with colleagues for creating the Metaverse.

The business boasts a selection of XR cloud-based solutions, including its Avatar

Cloud computing platforms, where the latter uses Epic Games’ Unreal Engine to host avatars and metaverse solutions for virtual events while the former uses body tracking techniques for virtual changing rooms. The Metaverse is commonly regarded as the successor to mobile internet, and the Forum wants to create open Metaverse standards and unite the sector.

The MSF was established in June to promote collaboration within the extended reality (XR) sector to develop interoperability standards. Members include important businesses including Adobe, Epic Games, the Web3D Consortium, the XR Association, Meta Platforms and many others.

The group of standard developing organizations (SDOs) seeks to encourage the widespread adoption of innovative Metaverse standards while minimizing the need for repeated development work.

Such industry standards, according to Markus Peuler, Managing Director of NeXR Technologies SE, are “a critical catalyst” for bringing forward fresh technological advancements.

He stated, “Especially from the user standpoint, the development of industry standards is a critical stimulant for the breakthrough of new technologies. Technological barriers must be removed in order to minimize costs and enable mass market penetration. Additionally, the increased functionality of programs as a result encourages users to engage themselves in the metaverse.”

The Khronos Group had previously announced that it would hold the Forum to realize the potential of creating industry-wide standards in an effort to overcome barriers in the future of an open-source Metaverse.

According to Neil Trevett, president of Khronos, the association will join the group’s members in July to assure the acquisition of “a constellation of interoperability standards.”

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Metaverse

TEC brings variety in the NFT space

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This project, known as The Excorcist’s Cookbook, is centered on the version of the metaverse known as the Sandbox that is currently available. Because this will be a play-to-learn game, the objective is to create a fictitious universe in which players take on the role of a bounty hunter tasked with tracking down both demons and people.

Even though the aesthetics in the Sandbox are limited at the moment, the developer is not going to let this deter them from designing fantastic gameplay features that will not only please the holders but also compensate those who are not voxel fans. The undertaking is significantly more extensive than the holders would ordinarily anticipate.

“We are planning to construct the largest map that we are capable of, complete with both above-ground fields and an underground tube network if at all possible. We have plans to introduce more complex melee combat mechanics, firearms, talents, and spells, as well as multiple classes with a variety of distinct playstyles.”

Each of the NFT will be playable in the game, and the first collection will be representative of the hunter class, which will mostly concentrate on gunfights

“We are going to launch the second collection exactly one month after we reach the point when 100 percent of the first collection has been sold, at which point we will expose the second collection to the public. On the pre-sale, the privilege to mint is going to be reserved only for the holders.”

The company is intending to introduce their very own cryptocurrency once all of the items in the second collection have been sold. This money will be generated automatically by holders for each of their assets; hence, the more assets they have, the more it will generate.

“We are not going to pause after the introduction of our currency for any reason. Since we have made it this far, we are going to celebrate by purchasing the first plot of land in the Sandbox and getting started on the actual game production! From this point on, we are going to inundate you with information regarding every strategy as well as every facet of the next game.”

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Metaverse

Volvo will host a new launch in the metaverse

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The official debut of the XC40 Recharge, Volvo Cars India’s first all-electric model, will take place on metaverse, the company said on Monday. The event, which is scheduled for July 26, will include the eagerly anticipated price reveal for the XC40 Recharge in India. Another first follows the announcement that the XC40 Recharge will be the first luxury EV to be built in India.

This will be the first time an automobile will be launched in India using dawn technology from the metaverse

The creation of the metaverse, a collection of numerous distinct virtual environments, elevates the internet to a new futuristic 3-D level. The XC40 Recharge’s launch in the metaverse will mark the beginning of a new era of digital connectivity that offers a 3D experience.

Mindshare and its collaborating partners created the Metaverse launch. “Volvo is renowned for utilizing technology to create high-tech, safe vehicles. Utilizing metaverse’s possibilities is simply one more instance of how Volvo Car is making use of cutting-edge technology from a marketing perspective. This is the first new launch to take place on this platform in the history of the Indian auto industry. According to Jyoti Malhotra, managing director of Volvo Car India, “We are certain that the XC40 Recharge will be widely embraced by customers who are looking for an EV with all the safety and luxuries features that Volvo Cars are famous with.”

Amin Lakhani, CEO of South Asia Mindshare, commented on this innovative project on the metaverse by saying, “Innovation and creativity play a critical role and are helping to the success of our sector. We strive to provide our clients with tech-enabled, creative marketing solutions. Utilizing cutting-edge technology to give customers distinctive brand experiences is an ongoing endeavour. By working together and leveraging the skills of partners like Hogarth, Yonder, Grey, and Genesis BCW, Mindshare aims to assist companies in forging closer connections with their target consumers. With the debut of Volvo’s first ever EV, we are thrilled to make Metaverse history.”

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