Virtual Reality news-Page 5
Theta Labs to help Sony launch 3D NFTs compatible with Spatial Reality Display
Japanese conglomerate Sony Electronics collaborates with blockchain video delivery network Theta Labs to launch nonfungible tokens (NFTs) that can be viewed in mixed reality through Sony's Spatial Reality Display, a monitor that lets people perceive things in 3D without using traditional 3D accessories. The Spatial Reality Display tracks eye movement and adjusts the display as the viewer moves, giving users a 3D viewing experience. With this, Mitch Liu, co-founder and CEO of Theta Labs, believes that NFTs and metaverses now have a “huge potential” for 3D visualization. Liu also noted that at the moment, the NFT industry is comprised of …
Adoption / May 6, 2022
ApeCoin (APE) hits a new all-time high ahead of this week’s Otherside land auction
The nonfungible token (NFT) and Metaverse sectors have been the bright spots in an otherwise sideways crypto market in 2022 and proof of this comes as the APE token hit a new all-time high at $22.60 on April 28. The steady bullish momentum for APE is, in large part, due to the upcoming The Otherside land auction being held by Yuga Labs and Animoca Brands in conjunction Bored Ape Yacht Club NFT project on April 30. The Otherside launch will consist of a Dutch auction-style sale and only Know Your Customer (KYC)-approved wallets will be allowed to participate in the …
Nft / April 28, 2022
Meta will open physical metaverse-themed store in San Francisco Bay Area
Social media giant Facebook's parent company, Meta, will be opening a retail store in the San Francisco Peninsula offering hardware for the virtual reality space. In a Monday announcement, Meta said it would be opening a retail store in Burlingame, California on May 9 aimed at providing interactive demos for the company’s hardware products, including virtual reality headsets, video communications displays and smart glasses. The store, which will be located on Meta's Burlingame campus — its headquarters is in Menlo Park — will feature a wall-to-wall curved LED screen that displays what users see using Meta headsets. “The Meta Store …
Business / April 25, 2022
Increased adoption of Metaverse NFTs will power the next NFT growth cycle
Metaverses and blue-chip nonfungible tokens (NFTs) are the driving forces behind the dramatic growth in the NFT market. Projects like the Bored Apes, Crypto Punks, Azuki, Clone X and Doodles collections have steadily attracted collectors' interest in the past year. As a result, these NFT projects have helped the NFT market achieve a growth rate of over 20,000% and a sales volume of approximately $17 billion. For an industry that once occupied a tiny sliver of attention within the crypto/blockchain world, it's clear that NFTs are here to stay despite earlier critiques of their ephemeral nature. However, given the recent …
Adoption / April 24, 2022
US Air Force files trademark application for 'SpaceVerse' initiative
The United States Air Force has filed a trademark application hinting at the military branch potentially expanding into the metaverse. According to a Thursday application submitted to the U.S. Patent and Trademark Office, the Department of the Air Force trademarked the word "SpaceVerse," defined as “a secure digital metaverse that converges terrestrial and space physical and digital realities and provides synthetic and simulated extended-reality (XR) training, testing and operations environments.” It’s unclear if the initiative is connected to the U.S. Space Force, which according to its website is “organized under” the Air Force, but operates as a “separate and distinct …
Regulation / April 19, 2022
How to get premium high-resolution metaverse and NFT images
You’ve probably already heard of the nonfungible tokens (NFTs) craze as these colorful, almost cartoon-like pictures. And, when you think of the Metaverse, you already see a bright and virtual world viewed from your avatar. With NFTs, most people think of Bored Ape Yacht Club or the famous CryptoPunks. But, what we all want to know: How to get metaverse photos? Or, maybe you’re wondering how to get NFT images? Here’s how to brighten up your virtual life. Do you want to buy, download or create metaverse images? First of all, you need to decide if you want to download …
Technology / April 15, 2022
Punk6529 unveils Metaverse museum district: ‘Most high-end art NFTs ever’
Popular NFT collector “punk6529” today unveiled an ambitious open Metaverse project that is looking to attract 100 million users. The self-funded project is dubbed “OM” and aims to be an open platform that is built and shared by the community. The broader vision for the project is to launch 10 self-governing cities with a max population of 10 million each. The museum district of the first city (Genesis City) was launched in alpha mode earlier today, with punk6529 bullishly telling their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.” A promo …
Artists / April 15, 2022
CEEK VR gains 100%+ as push toward virtual reality and Metaverse development intensifies
Nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse are three of the hottest trending topics in the cryptocurrency ecosystem and each is helping the world slowly move toward the mass adoption of blockchain technology. One project looking to capitalize on these trends is CEEK VR (CEEK), a entertainment and creator-focused platform aiming to use virtual worlds to connect music artists, athletes and digital content creators with their fans. Data from Cointelegraph Markets Pro and TradingView shows that since trading at a low of $0.289 on March 15, the price of CEEK has gained 123% to hit a daily high …
Adoption / April 9, 2022
Ledger partners with The Sandbox to promote crypto education in metaverse
The cryptocurrency hardware wallet provider Ledger has partnered with The Sandbox blockchain game to promote crypto education in its virtual world. Ledger’s chief experience officer Ian Rogers announced the news at the Non-Fungible Conference (NFC) on Monday. He said that the new partnership aims to bring security into The Sandbox’s world and also provide Ledger with a place in The Sandbox (SAND) to educate people about crypto. Rogers thanked The Sandbox and the company’s co-founder and chief operations officer Sebastien Borget for this opportunity, noting that Ledger will provide SAND owners with custom Ledger Nanos as part of the partnership. …
Adoption / April 4, 2022
What is augmented reality and why is it important for the Metaverse?
How can augmented reality be used in a classroom? How do teachers use augmented reality? As a teacher, you can enrich the curriculum and provide children with a valuable learning experience. Teachers can make the curriculum more engaging by using augmented reality, or mixed reality. Interactive experiences will help students maintain focus and improve their motivation. Student outcomes will also improve by applying AR and maybe even the Metaverse in the classroom. For teachers, it’s important to keep the “why” in mind. Why do we want to make AR part of the curriculum? How will augmented reality change education? There …
Blockchain / April 2, 2022
Chip giant Qualcomm launches $100M Metaverse fund
Multinational software and microchip giant Qualcomm Incorporated has launched a $100 million Metaverse fund to back extended reality (XR), artificial intelligence (AI), and augmented reality (AR) tech companies. Extended reality, or XR, refers to the combination of smartphones along with AR and VR technology such as headsets and glasses. The investment project is dubbed the “SnapDragon Metaverse Fund” in reference to the firm’s Snapdragon chips that are designed for a long list of devices including smartphones, tablets, computers, smartwatches, and smartbooks. According to a March 21 announcement, the funding will also go towards a grant program for developers building XR-focused …
Business / March 23, 2022
The metaverse will change the paradigm of content creation
Content constitutes the essence of the internet and comes in many different forms that the current Web2 internet iteration supports — text, audio, video or a mix of all three. However, content is scarcely a free resource. It is content creators who are now becoming opinion leaders, influencers and the cornerstones of so many of the critical services businesses rely on, such as advertising, marketing and public relations management. The need for content and its strive for independence — embodied by thousands of bloggers and indie performers — has spawned an immense online economy that trades talent and often rakes …
Artists / March 20, 2022