The National Basketball Association (NBA) has reached an agreement to stream certain games in the metaverse for free. The firm extended its existing collaboration with Meta on January 23 to continue broadcasting its games utilizing VR (virtual reality) technology. Moreover, Meta’s consumer headgear, the Meta Quest 2, will be utilized
The Metaverse has been a popular topic of discussion at the ongoing World Economic Forum (WEF) 2023 in Davos. The web’s future design holds the promise of transforming numerous industries and is more than just a gamification virtual representation of reality.The WEF launched a working version of its own metaverse
Accenture’s senior managing director, David Treat, highlighted why users should be able to move their data and crypto from one location to another at the World Economic Forum in Davos, Switzerland. According to Treat, portability is the future of self-custody in crypto, and one should give the option to transfer
Not a lot of progress was made in the metaverse in 2022. Many people have speculated that interest in the metaverse has peaked. However, at its height, major players in a wide range of ecosystems started actively seeking to trademark aspects of the metaverse. Unfortunately for the crypto market and
The Bank of Thailand has announced that it would finally legalize virtual banks in the nation. A Bloomberg report forecasts that by 2025, financial institutions would be able to provide their services. The central bank’s “Consultation Paper on Virtual Bank Licensing Framework” states that by the end of 2023. Applications
McDonald’s has teamed up with popular web content producer Karen X Cheng for a Lunar New Year ad campaign. The 30-second ad draws inspiration from Cheng’s warm recollections of the event as a youngster and has a QR code call to action that leads viewers to more campaign materials. Elizabeth
Apple is said to be releasing its first foray into the metaverse. A high-end mixed-reality headset, to the public for the first time this spring after years of development. Soon after Apple’s spring product reveal, the rumored release date for the integrated AR/VR headset, along with new iPhones and other
Gala price skyrocketed to the helm of crypto recovery with over 70% move to $0.0483. Moreover, the metaverse token has surprised the crypto audience with its trading volume surging by 569% to $1,538 million in 24 hours. GALA Price Skyrockets Over 70% in A Day Intriguingly, the optimistic outlook for
Jack Ma, co-founder, and CEO of Alibaba, is stepping down as chairman of Ant Group, a Chinese financial technology behemoth. The billionaire’s exit from the fintech behemoth was approved by a vote of the company’s shareholders, according to Reuters. Moreover, a $37 billion IPO by Ant Group in Hong Kong
While enthusiasm for new crypto sub-ecosystems like NFTs was dampened by the 2022 bear market. The Metaverse is still set up for long-term upheaval. McKinsey & Company estimates that the metaverse might be worth up to $5 trillion by 2030. Because of the wide variety of consumer and business-focused use
