Vitalik: Metaverse ‘Is Going to Happen’ but Meta’s ‘Will Misfire’
Meta’s attempt at cornering the metaverse will “misfire” largely because nobody can come up with what the term actually means, according to Ethereum creator Vitalik Buterin. In a Twitter thread…
Meta is losing almost $1 billion a month on metaverse dream even as revenue dips
Meta has revealed that it is continuing to haemorrhage money to try and make the metaverse a reality. Meta’s Reality Labs division, responsible for its VR and AR ventures, thus…
Why can’t we have legs in the metaverse?
The metaverse is a legless place. In the early glimpses we’ve gotten at the virtual reality (VR) worlds crafted by Facebook parent company Meta, cartoonish avatars float above the ground…
Wharton School rolls out online certificate course on business in the metaverse
Wharton School of Business announced on Tuesday that its Aresty Institute of Executive Education would launch a “Business in the Metaverse Economy” certificate program. In the age of online education,…
Marriages and court cases can be held in the Metaverse
Legal marriage proceedings, court case disputes and government services may one day be offered on the Metaverse, according to a Singaporean government minister. Speaking at the TechLaw Fest 2022 on…
How Executives Are Investing Now in the Metaverse’s Future
People are excited for the metaverse, but like any innovation, it’s going to take time and an immense amount of effort to make a fully immersive multi-platform digital world a…
Meta Metaverse Unit Has Lost $5.7B This Year
Meta and its CEO Mark Zuckerberg might be bullish on the metaverse, but their pivot into virtual reality has so far weighed heavily on its balance sheet. Meta reported a…
Condense bags $4.5m to bring live concerts to the metaverse
Live concerts are going to the metaverse. Fortnite hosted its first in-game concert with masked DJ Marshmello in 2019. Millions of gamers turned up to watch the 10-minute event. The…
Metaverse real estate community The Row launches with six architectural designs by artists
Each has designed a “3D architectural landmark” that will be sold as an NFT, a non-fungible token. The virtual buildings can then be deployed on 26 different metaverse platforms on…
Banks in the metaverse can’t lend you money yet, but they still want to sell you the dream
Meta’s vision for the metaverse depicts a mixed reality blending the physical and the digital world, which gives students new interactive-learning environments or surgeons the ability to practice before laying…