How to protect yourself in the metaverse To protect yourself in the metaverse, use strong passwords, be cautious of suspicious activity, and limit the amount of personal information shared online. Here are some ways to protect yourself in the metaverse: Use strong and unique passwords: Create secure passwords utilizing a variety of letters, numbers and symbols and steer clear of using the same one for many accounts. When disclosing personal information, exercise caution: Be cautious when sharing information online and be on the lookout for unauthorized requests for personal information. Utilize two-factor authentication: To further secure your accounts, use two-factor …
For computer programs and mobile applications, programmers must develop code. In order to keep things working properly, they are also involved in maintaining, debugging and troubleshooting software and systems. Here is a brief overview of the top 10 most famous computer programmers of all time. Alan Turing Alan Turing was a British mathematician and computer scientist who contributed significantly to the growth of artificial intelligence, cryptography and computer science. He helped decipher the Enigma code during World War II and introduced the idea of the Turing Machine, a theoretical representation of a computer. Turing also contributed to the creation of …
The metaverse is becoming a destination for more brands, companies and communities to connect. A study from December 2022 revealed that 69% of users believe metaverse entertainment will reshape social life. Recently, the legacy music and arts festival Woodstock, known for being the most famous of the 1960s rock festivals, announced that it would reinvent itself as a digital world in collaboration with metaverse developers Sequin AR. Festivals in the metaverse are not a new thing. As digital life has been becoming more prominent over the years, we’ve seen virtual PRIDE parades, cultural events specific to countries and metaverse fashion …
Meta CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the Metaverse, despite operating losses for its Reality Labs business peaking in 2022. Meta’s Q4 earnings released on Feb. 1 show Reality Labs lost $13.7 billion in 2022 — the largest ever yearly losses recorded for its metaverse-building division. The fourth quarter was particularly costly, with the division losing nearly $4.3 billion, which was also the largest quarterly loss within the department since financials for the business were first published. On a Feb. 1 earnings call, Meta founder and CEO Mark Zuckerberg was steadfast …
A federal judge in the United States has reportedly given approval for tech giant Meta to move forward on acquiring a virtual reality company. According to a Feb. 1 report from Bloomberg, Judge Edward Davila in U.S. District Court for the Northern District of California denied an injunction by the Federal Trade Commission, or FTC, as part of an effort to block Meta from purchasing VR firm Within. However, he also reportedly issued a temporary restraining order preventing Meta from closing the deal for at least a week. The ruling was part of a lawsuit filed by the FTC against …
The potential behind the metaverse is becoming greater as virtual and physical worlds converge. Market intelligence firm Contrive Datum Insights recently found that the global metaverse market is estimated to surpass $1.3 trillion by 2030. According to the study, this growth will be driven by newly adopted virtual economy trends, combined with the rise of both crypto and online games. Additionally, a recent survey conducted by CoinWire highlighted that the metaverse would likely reshape social lifestyles. CoinWire found that 69% of respondents believe that the metaverse will eventually modify social lifestyles due to new approaches taken for entertainment and activities. …
Entrepreneurs are betting on the future of the metaverse and cannabis industries. In the last decade, developments in government legislation have led to the legalization or decriminalization of cannabis in a number of countries, municipalities and U.S. states, allowing users to fully appreciate the sacred plant in both recreational and medicinal settings. While cannabis remains classified as a Schedule 1 drug by the United States federal government, decades of protests, scientific research and political lobbying have significantly reduced its stigma and opened the cannabis market for commercialization efforts. Technologically, the rise of the metaverse has reinvigorated the impact of having …
Web3 and the metaverse were handed a seat at the table of the World Economic Forum in 2023 as the ecosystem continues to drive innovation across industries. As Cointelegraph continues to explore, the presence of the cryptocurrency and blockchain ecosystem was mainly found outside the walls of the WEF. Blockchain Hub Davos and GBBC’s Blockchain Central were two central events in town that brought together the wider crypto community that has been somewhat left out of the WEF’s discourse on the sector. The metaverse is a notable exception to this trend. Although some metaverse applications do not operate on decentralized …
Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans. Speaking to Cointelegraph, intellectual property lawyer Michael Kondoudis said while many people may think big corporations are just jumping onto the NFT trend as a novelty, “it is not possible” to register a trademark in the United States with no intention to use it. Despite a relatively low cost for filing an application — ranging from $250 to $350 per class of goods/services — Kondoudis explained when a company submits a trademark application, it …
It is without question that music is a powerful medium with the ability to evoke strong emotions and serve as a way for people to connect with each other in large communities. For many, music serves as a source of inspiration, comfort and escape from the challenges of everyday life. For others, music is a medium for reflection and provides the opportunity to speak to social and cultural issues, allowing fans to feel a sense of belonging and identification with the messages expressed in a song. The resulting emotional connection to music can lead to the creation of impressive fandoms, …
The metaverse hype that began in 2021 dissolved almost entirely by the end of 2022 as the top projects in the space, Decentraland, and The Sandbox, lost 95% of their market capitalization. The most prominent reason for the fall was lack of usage growth. Still, the metaverse narrative is far from dead and will grow in the future. Reportedly, Apple will launch its VR gear sometime in spring 2023. The announcement was a positive catalyst for MANA and SAND, causing a double-digit price surge. While there’s evidence of positive buying volume supporting the pump, the weak fundamentals of metaverse platforms …