Month: June 2022

Interest in the idea of the metaverse leaped in 2021-2022, prompted in part by Facebook’s decision to rebrand itself as “Meta.” The word was coined by sci-fi author Neal Stephenson…

Roblox reportedly has 54.1 million daily active users. The game platform is particularly popular among children, allowing players to create their own games using its proprietary engine, Roblox Studio. Wesgro…

Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their avatars in its metaverse. The company believes that…

Everyone talks about the metaverse today. From product launches to remote working locations, most enterprises are also showing a huge interest in the metaverse. In fact, for some businesses, the…

Global management consulting firm McKinsey & Company published a report last week titled “Value creation in the metaverse.” The report details: “Our work began by surveying more than 3,400 consumers…

Metaverse is presumably an indistinct concept. But, that’s only a fragment of individual imagination. 3D virtual spaces called the metaverse – after Zuckerberg’s Facebook rebranding to Meta – are now…

By 2026, around 25% of the world’s population will spend at least one hour a day on the metaverse, according to tech consultancy, Gartner. This raises the question of exactly…

According to the report, as the Metaverse continues infiltrating into everyday life, 50% of live events could be held in a virtual space, and 80% of commerce would be “impacted…

“This is the first step towards the metaverse,” Chaudhuri of French start-up Actronika told AFP at this week’s VivaTech trade show in Paris. The vest can give users the sensation…

Yahoo has announced a series of Metaverse and nonfungible token- (NFT)-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region. Yahoo, a…