Metaverse
What is Metaverse?
Metaverse is a term that has been making noise for the last few years. It was coined in 1992 by author Neal Stephenson in his sci-fi novel Snow Crash. In the novel, Stephenson explained metaverse to be an all-encompassing digital world that has existence parallel to the real world. Talking about 2022, experts doubt metaverse IRL turning into something similar.
From the eyes of experts, metaverse is a 3D model of the internet or a place which is parallel to the physical world based on augmented reality (AR), virtual reality (VR) and blockchain. Here, everyone lives the digital life and has an avatar. They interact with each other through their avatars only. Also, there are people who believe that nothing like metaverse really exists.
Technologists believe that metaverse will upgrade the virtual reality experience to the next level. As a result, users will be able to float into the virtual world and do whatever they want right from purchasing land to organizing parties and even marrying via digital avatars. In the evolving digital economy, the metaverse is expected to be the key player.
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Metaverse
SNEAK PEEK Alec Monopoly and Sandbox are working together to provide Alec’s real-world and NFT artwork as a virtual home …
Metaverse
SNEAK PEEK Popular blockchain-based companies like The Sandbox, Dapper Labs, Animoca Brands, and Decentraland have partnered to launch the Open …
Metaverse
SNEAK PEEK American brand Lysol filed a trademark to step into the metaverse and offer NFTs. Sales of the company …
Metaverse
SNEAK PEEK Considering the shortage of skilled workers in advanced technologies in Japan, the University of Tokyo will offer courses …
Metaverse
SNEAK PEEK According to a report, the market for metaverse real estate is expected to grow by $5.37 billion between …
Metaverse
SNEAK PEEK Sumitomo Mitsui Financial Group will work with HashPort to develop non-fungible token and Web3 projects. SMBC and HashPort …
Metaverse
SNEAK PEEK Commercial Bank International became the first bank in the UAE to get itself located in Decentraland. The move …
Metaverse
SNEAK PEEK Mountain Dew and the New York Subliners hosted a 4-day long Call of Duty League Major 4 watch …
Metaverse
SNEAK PEEK The Third Floor, a famous visualization agency, will develop and build Shiba Inu’s highly anticipated SHIB.io. The portfolio …
Metaverse
SNEAK PEEK Agoria is collaborating with The Sandbox to bring “One Life, Two Bodies” into the metaverse. The project will …
Metaverse
SNEAK PEEK Shanghai is launching a three-year plan to boost the metaverse in the tourism industry. The purpose behind the …
Metaverse
SNEAK PEEK Steve Aoki’s avatars will be disclosed 48 hours after being minted on the OpenSea marketplace. Minting is possible …
Metaverse
SNEAK PEEK The Dubai Metaverse Strategy seeks to capitalize on the success of the emirate in luring more than 1,000 …
Metaverse
SNEAK PEEK Linkin Park’s Mike Shinoda has invested in a business that turns video chat user avatars into real people. …
Metaverse
SNEAK PEEK Otherside’s First Trip was a major hit with 4500 voyagers in the giant, immersive space. Yuga Labs released …