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
A unique collection of 25K Novatars is a one-of-a-kind creation resulting from a complex AI algorithm that considers factors such as race, ethnicity, and skin tone. Each NFT infant has distinct characteristics derived from the core nine genes. The NFT “Novatar” is quickly becoming part of a Metaverse with the
The technique predicts that each character will be different and surprising. Crypto Rabbits was the brand’s first collection of NFTs that was released in 2018. Blockchain’s decentralized and irreversible characteristics attract more businesses to use it in their new products. In a patent application, Xiaomi, a Chinese firm renowned for
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
Only Otherdeed and “Selected Third-Party Developers” will be able to participate. Yuga Labs, believe interoperability is essential to the ethos of future internet. Bored Ape Yacht Club’s founders. Yuga Labs have released Otherside, a much-anticipated metaverse game platform. 4300 players, dubbed “Voyagers,” were invited to a tech demo and tour
After the success of the last Asia Metaverse Conference 2022, Metaverse Club received a lot of feedback from the global audience about the need for further learning and socializing with the global Metaverse companies. So the Metaverse Club is organizing the Global Metaverse Carnival, a big festival for global Metaverse
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.
