💎 NFT's & Metaverse Updates💎

2022-11-24 09:25:03 SKT stakes claim for leading role in global metaverse

SK Telecom (SKT) launched its Ifland platform in 49 international markets and outlined an ambition to make its service a leading global social metaverse space, taking the fight to rival players including HTC and Meta Platforms. SKT noted it was also in discussions with other potential partners, with local tie-ins central to its strategy to expand the service’s global reach. Announcing the Ifland expansion today (23 November), SKT noted it will actively use K-pop content and planned to “strengthen communication features to shape Ifland into a global leading social metaverse platform”.

NFT's & Metaverse Updates Open / Comment

2022-11-24 03:03:01 ‘Metaverse’ is a contender for Oxford’s Word of the Year

“Metaverse” is among the leading three contenders for Oxford’s Word of the Year (WotY). The metaverse is an unsurprising inclusion for WotY—not everyone understands it, but most will have at least heard the term.Facebook changing its company name to Meta towards the end of 2021. Over the last year, the word has been thrown around a little too easily. One school of thought is that it should resemble a web 3.0 of decentralised, interoperable experiences. Another belief is that a metaverse should integrate elements of the real world. Some believe it requires a combination of both.

NFT's & Metaverse Updates Open / Comment

2022-11-23 21:03:02 NFT utility platform Tropee raises $5 million led by Tioga Capital

Crypto founders such as The Sandbox's Sébastien Borget, Exclusible's Thibault Launay, Geometry's Grégoire le Jeune, and Lorens Huculak, founder of the OpenSea-acquired Gem, also participated in the equity round, which closed in August. The startup declined to share its valuation. Startups simplifying the process of minting NFTs have been hot property among investors. Haun Ventures and OpenSea recently backed no-code NFT minting platforms Highlight and Fair.xyz, respectively. Rather than tackling the minting process directly, Tropee is focused on the 'post-mint' experience. Mahl said that the current post-mint process is complicated and full of holes in terms of user experience, such as a reliance on Google forms and Discord servers.

NFT's & Metaverse Updates Open / Comment

2022-11-23 17:25:07 Saudi Arabia Invites the World to Enter the Metaverse at WTTC Global Summit in Riyadh

The 22nd edition of the World Travel & Tourism Council (WTTC) Global Summit in Saudi Arabia will be attended by a prestigious gathering of tourism leaders in Riyadh. It is also supported by a metaverse experience created for potential investors to explore investment. The use of the metaverse at the Summit is a practical example of how the Kingdom is already implementing its pioneering three-year Digital Tourism Strategy that was launched earlier in the year as the next step in its development of the sector. Over the next three years Saudi plans to encourage experimentation to allow technology innovators to test new digital tourism solutions, to support tourism related extended reality applications.

NFT's & Metaverse Updates Open / Comment

2022-11-23 14:26:52 Chinese Platforms to Test Metaverse Tech During Qatar World Cup 2022 Broadcasts

Several Chinese platforms are introducing metaverse tech in their coverage of Qatar’s 2022 soccer World Cup. The experiences, which will use virtual reality (VR) headsets and 5G as base tech, will allow the users to enjoy a metaverse-like view of the event. The FIFA World Cup 2022 in Qatar, one of the biggest sports events in the world, provides a chance for many companies to test their implementations of metaverse tech. In China, where soccer is very popular, several platforms are introducing metaverse technology to enrich the broadcasts of the different matches of the event.

NFT's & Metaverse Updates Open / Comment

2022-11-23 03:03:00 DWF Labs Announces Strategic Investment in MAD Metaverse

DWF Labs, a global digital asset market maker and Web3 venture capital firm, has made an undisclosed strategic investment in MAD Metaverse. DWF Labs now joins the MAD Metaverse team as a strategic advisor to lead together the NFT project. DWF Labs focuses on investing in and supporting top-notch cryptocurrency projects poised to become leaders and innovators in the Web3 space. The firm will support MAD Metaverse by providing strategic advising, consulting, smart contract audits, and other strategic services to push the MAD ecosystem to new heights.

NFT's & Metaverse Updates Open / Comment

2022-11-22 21:24:59 Minnesota companies enter the metaverse

pandemic lengthened, companies realized that they needed to take more than daily planning virtual. Even factories that stayed open had to update training procedures for people who would normally travel to learn about new equipment. companies quickly shifted communications strategies to videoconferencing platforms. Enter the metaverse. Companies and organizations in Minnesota took immersive technology used in gaming to create new onboarding and training materials with computer-generated environments made to look and sound real while changing the way people communicate. Now they say the technology is here to stay and are working on even more ways to use it.

NFT's & Metaverse Updates Open / Comment

2022-11-22 15:25:07 Engage XR and Lenovo sign reseller agreement for metaverse service

Engage XR Holdings PLC on Monday said it signed a commercial reseller agreement with consumer electronics firm Lenovo Group Ltd to distribute metaverse production services. Ireland-based Engage is a virtual communications solutions company. It said it will work with Lenovo on the sales and marketing of Engage's. The agreement covers the resale and distribution of end user licenses by Lenovo for the group's proprietary software platform, Engage, and for metaverse production services for Lenovo's enterprise clients. Lenovo will sell Engage licenses and services through its own distribution and sales channels, targeting businesses seeking to enter the metaverse. Lenovo is one of 14 launch partners, and it is building its own virtual world within Engage Link.

NFT's & Metaverse Updates Open / Comment

2022-11-22 09:25:04 UAE to release metaverse version of Abu Dhabi’s Yas Island soon

The entertainment capital of the UAE is Yas Island. The country has 200 islands in all but in 2023, there will be an addition of one more island. What is unique about it is that it is a digital island.Abu Dhabi is going to launch a Metaverse version of its entertainment capital. The Department of Culture and Tourism Abu Dhabi (DCT Abu Dhabi), in collaboration with the tech giants, has decided to transform twenty-five square kilometers of space into a digital arena. Once it is set up, the audiences can meet up or play games while exploring the digital island. And this initiative is confirmed to the media by the CEO of Miral, Mohammed Abdalla Al Zaabi.

NFT's & Metaverse Updates Open / Comment

2022-11-22 03:03:00 The metaverse will take over the edtech sector by 2030, analyst predicts

The future of edtech is in the metaverse as virtual reality (VR) and augmented reality (AR) become more commonplace. Gopsill predicted that there will be an increased demand for metaverse education as he expected learning to keep moving. Artificial intelligence (AI) could also play a part in metaverse education, by assisting students in accessing the metaverse in real time. AI could, for instance, be used to personalise the student’s learning experience by analysing their strengths and weaknesses. The technology could also help automatically detect mistakes and help students make corrections.

NFT's & Metaverse Updates Open / Comment