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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global metaverse market is projected to grow massively, reaching $322 billion by 2030, according to a report by ResearchAndMarkets. Massive growth potential According to ResearchAndMarkets’ latest report, the metaverse market was valued at around $42.05 billion during
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For a new virtual worlds partnership to be set up the commission’s science funding program, Horizon Europe, “you could think of an amount in the order of 200 million euros that will be available,” as well as potential investment via EU regional funds, said a commission official, speaking under condition
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Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions.Market research estimates that Web3 gaming pulled in around $4.5 billion in funding in 2022 as asset managers,
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Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said. Source
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Grady, who also leads the technology practice at consultancy Fourtold, points to the commission’s 2018 strategy on Artificial Intelligence – which, though it did little more than promise a stakeholder alliance and reinterpreted liability rules, proved the portent of more to come, and an AI bill followed in 2021. Source
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The program, which runs over the course of a year from September to August and is broken into three semesters, focuses on two areas, metaverse design and metaverse management. Courses in the program will cover topics such as augmented reality (AR) and virtual reality (VR), non-fungible tokens (NFTs), blockchain data
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Gaming on Macs to suck less Is Apple’s reign as the worst platform for gaming coming to an end? Amidst all the hype about their long-rumored VR/AR headset, slated for release in early 2024 (queueing outside the Apple Store starts
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Despite regulatory hurdles from the SEC, Binance is forging ahead with a new initiative—a digital metaverse tied to The Weeknd’s “After Hours Til Dawn” tour. Binance, currently facing legal action from the SEC, has announced plans to
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In this week’s newsletter, read about footwear giant Puma’s new metaverse experience for Puma Pass nonfungible token (NFT) holders. Check out Meta CEO Mark Zuckerberg’s comments on the new Apple Vision Pro headset, and how NFT platform Enjin has launched a new blockchain. In other news, GameStop terminated the executive
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The metaverse can be broadly defined as a blockchain-fueled, all-encompassing virtual world that offers new human and socio-cultural experiences. It epitomizes decentralized and immersive social experiences that often involve virtual reality (VR) and augmented reality (AR), opening up an entirely new set of opportunities for social interaction. No single company
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