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 Virtual real estate NFT sales will have surpassed $1.4 billion, a 180% increase year on year. In 2022, …
Metaverse
SNEAK PEEK AMTD and The Sandbox are partnering on the L’Officiel fashion brand. It will be a long-term Web3 collaboration …
Metaverse
SNEAK PEEK In 2023, the World Economic Forum (WEF) plans to launch its Metaverse. The Global Village is the metaverse …
Metaverse
SNEAK PEEK Polygon, Animoca Brands, and Magic Eden are just a few investors who contributed $12 million to Intella X. …
Metaverse
SNEAK PEEK Animoca Brands officially announced the completion of their buyout of WePlay Media Holdings LLC. WePlay Media seeks to …
Metaverse
SNEAK PEEK Polygon hires Xternity to transfer Solana’s multiplayer Web3 game. Xternity provided a technique that can be utilized to …
Metaverse
SNEAK PEEK Dubai and UAE are involved in Web 3 and sports. Dubai Verse cup allows customers to race and …
Metaverse
SNEAK PEEK Reportlinker released a report on current Metaverse market size, 2022 trends and 2027 forecast. The report covers the …
Metaverse
SNEAK PEEK Singtel recently partnered with SK Telecom in order to hold its first metaverse event. The event, “Destination:ifland,” was …
Metaverse
SNEAK PEEK WETH partnerships on the Katana DEX had been replaced with WRON pairs. Ronin was created in 2021 as …
Metaverse
SNEAK PEEK Seoul developed its own public digital world to handle legal disputes, petitions, and education. Tuvalu intends to protect …
Metaverse
SNEAK PEEK Createra announces raising $10 million in Series A funding. The project is aimed at facilitating the construction of …
Metaverse
SNEAK PEEK The National Geography Society, Nat Geo, has recently filed a total of three trademark applications that are associated …
Metaverse
SNEAK PEEK Animico Brands invests JP 100 million in Psychic V.R. Labs. The AMOCA brand extends the value of urban …
Metaverse
SNEAK PEEK Unstoppable provides a novel method for combining Web3 digital identification with virtual world identities. Ready Player Me makes …