Another report reveals the unprecedented capability of the Metaverse market. This digital frontier has the potential to completely alter our lives. According to the most recent MRFR report, the market will grow at a rate of 45.2% from 2022 to 2030 and reach a value of USD 107.49 billion by the beginning of the following…
The blockchain company CryptoGPT, which focuses on AI, recently raised $10 million in a successful Series A funding round, bringing its valuation to $250 million. The round, which is led by DWF Labs, a prominent market maker during the crypto bear market, aims to take advantage of the growing interest in AI technology. Introducing Web…
A new fan club program based on Binance’s previous fan engagement program for Fan Tokens has been announced. In October 2021, the earlier program went live for the first time. Since then, it has provided sports fans with opportunities to engage with their favorite teams more actively and interactively. These remember deciding in favor of…
Neal Mohan, the new CEO of YouTube, is enthusiastic about the potential of NFTs and Web3 NFTs will soon be utilized by YouTube for its creators. In fact, the technology is highly regarded by YouTube’s new CEO. In a recent blog post, Neal Mohan gave NFTs high marks. In point of fact, Mohan provided examples…
We may have different ideas about how to put those core values into practice, even though we share similar visions of the future metaverse’s core values, such as resistance to censorship and decentralization. There may also be differences in how we portray our digital identities. Tools from the flexible metaverse can help us along the…
Dubai and Decentraland have collaborated to build their very own virtual shopping mall, Mall of the Metaverse. “Who are seeking increased digital experiences across retail, entertainment, and leisure offerings” will be the target audience for the mall. A recent announcement made at the World Government Summit states that this is the case. Majid Al Futtaim,…
Nokia is more well-known for its 3310 mobile phones, but the company is now looking into how to use the metaverse for business purposes. The company is looking for ways to use the metaverse to help workers who are located far away, from beer breweries to remote aircraft technicians. Two labs have been set up…
The International Criminal Police Organization is serious about educating its police force online. The ability of Interpol to use the metaverse to solve crimes is improving. In fact, Interpol will attempt to solve crimes and apprehend criminals by utilizing its virtual reality space, which is already operational. Jurgen Stock, Secretary General of Interpol, is of…
Despite Reality Labs’ unprecedented losses, Meta CEO Mark Zuckerberg was unwavering in his metaverse plans during the company’s Q4 earnings call. Despite Reality Labs’ loss of $13.7 billion in 2022, Meta continues to implement its metaverse strategies. Virtual reality and augmented reality are the primary focus areas for Reality Labs, Meta’s metaverse division. Reality Labs…
MAP2EARN: Bringing Physical and Virtual Spaces Together Among the various strategies for building the metaverse, one is gaining ground. That means mapping the real world to create a mirror world and building augmented reality experiences on top of it. Geolocation-based 3D maps are the fundamental components of a metaverse that unites the real and virtual…
