Institutions are discovering new uses for metaverse environments and gradually incorporating them into their daily operations. The Hong Kong University of Science and Technology (HKUST) has unveiled plans to merge its two campuses into a single virtual world. A new program, Metahkust, will allow university students from all over the
During the first three months of the year, this division earned $695 million. Zuckerberg has been promoting interoperability for the metaverse. The virtual reality and metaverse section of Meta’s (Facebook) Reality Labs, overseen by Mark Zuckerberg, suffered $2.8 billion in losses. This was disclosed in Meta’s second quarter 2022 earnings
The University of Tokyo is about to launch new courses related to the metaverse. The new metaverse course will educate learners about the working of the subject. The University of Tokyo is planning to introduce Metaverse-related courses in the educational field. According to recent reports from Japan, the University will
Policy-making will also be a part of Web3’s development, according to the release. Web3 Policy Office” will be more than merely a consulting organization. Web3 Policy Office is established by Japan’s Ministry of Economy, Trade, and Industry (METI) in the Minister’s Secretariat. As part of the new organization, the departments
Early LG joined metaverse in December. Now LG ART LAB has registered for NFTs trademarks. Electronic giant LG is the most recent business to concentrate on the Metaverse by registering NFTs trademarks for its LG ART LAB. On July 19, registered trademark lawyer Michael Kondouis revealed the trademark applications in
The metaverse would contribute $4 billion to Dubai’s economy in five years. It is hoped that future technologies will be used in Dubai to establish new job models. A new plan revealed on Monday seeks to make Dubai a worldwide center for the metaverse community and one of the top
Samsung launched “Space Tycoon”, a metaverse world for their users. This universe is built to engage with Samsung Gen Z users. Space Tycoon will be launched in 14 languages at the same time. Metaverse is a freshly created augmented reality where we can interact virtually and discover worlds that are
Spanish officials predict that the metaverse will be worth more than $1 billion by 2026. Firms or teams must have at least 25 percent of their workforce comprised of women. The metaverse and its associated technologies are considered crucial development pillars for the future by countries all over the globe.
China gets hit hard by different COVID variants. Shanghai plans to invest largely into the metaverse, smart terminals, and energy resources. Numerous subsidiaries to be allotted for Metaverse firms in Shanghai. Shanghai, the largest city of China, has now made up new plans to somehow regain the lost economy. Now,
Playboy enters into the metaverse. Complete MetaMansion to be established in Sandbox. More NFTs are expected along the way. The adult entertainment, Playboy never fails to surprise us in awe. However, this time it’s not with beautiful models in luxury, but instead into the metaverse. Yes, Playboy takes its first
