Category: VR

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Crypto Whales Bet on New Web3 VR Crypto – The Next Major Trend?

Investors who want an early lead in Web3’s game-changing technological landscape are accumulating VR token 5thScape (5SCAPE) in the second stage of a presale that has so far raised $2.4 million. 5thScape is the world’s first virtual and augmented reality cryptocurrency gaming ecosystem, offering a wealth of immersive experiences with hyper-realistic gameplay. The $5SCAPE token that investors…
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Metaverse tech gets US greenlight to use speedier 6GHz frequency

The United States Federal Communications Commission made the decision amid a flurry of mixed reality devices that are hitting the market. Low-power wearable technology, including virtual and augmented reality devices crucial to the metaverse, will be permitted to tap into the 6 GHz frequency band following a rule change from the United States communications regulator.…
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‘Extended reality’ to create 860K jobs by 2025: EU Commission

The European Commission has laid out its plans for becoming a “world leader” in Web 4.0 and the Metaverse. The European Commission has tipped “extended reality” — technology that enables people to interact with virtual worlds — to create as many as 860,000 jobs in Europe by 2025.  Extended reality or XR is an umbrella…
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The Metaverse Welcomes Apple: Vision Pro Augmented Reality Headset Unveiled

Tech giant Apple has rocked the world with the news of an augmented reality headset that promises to seamlessly blend the digital with the real world.  Apple’s announcements are always highly-anticipated events, and this one did not disappoint.  “The era of spatial computing is here,” said CEO Tim Cook describing the Apple Vision Pro –…
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Meta and BMW Partner to Create AR and VR Experiences for the Passenger Seat – Is the Metaverse Making a Comeback?

Facebook and Instagram owner Meta and German car giant BMW revealed progress in their joint exploration of how augmented and virtual reality technology can work inside a fast-moving vehicle.  Meta is continuing on its metaverse path. Per BMW’s announcement, … Read More: Meta and BMW Partner to Create AR and VR Experiences for the Passenger Seat…
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Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm

Samsung, the Korean electronics company, has revealed it is working to build its own metaverse and extended reality devices, hinting at the possibility of the launch of a VR headset in the near future. TM Roh, head of Samsung mobile experiences business, stated that the device will be built in partnership with Google and Qualcomm.…
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Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback

During a Q4 earnings call, Mark Zuckerberg said he saw no reason to deviate from the company’s long-term metaverse strategy. Meta founder and 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 on Feb. 1 released…
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NBA Extends Partnership With Meta to Bring Basketball Games to the Metaverse

The NBA has extended its current partnership with Meta to broadcast its games to the metaverse. The company announced that 52 games of the league will be available to be enjoyed using VR (virtual reality) tech, using Xtadium, a co-viewing platform. Five of these games will be presented in a more immersive way for Horizon…
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Nifty News: Porsche ends ‘low effort’ NFT mint early, Oreo dunks into the Metaverse and more

Porsche’s first foray into NFTs appears to have flopped after recording underwhelming sales and was heavily criticized by the community. Porsche criticized for ‘low effort’ NFTs, ends mint early Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started,…
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Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges and more

Donald Trump’s NFT collection started strong but looked lifeless until a few days ago. Trump NFTs daily sales surge by 800% Former United States President Donald Trump’s nonfungible token (NFT) trading card collection has recently witnessed a massive resurgence in daily sales volume. Compared to Jan. 17 sales volumes, Jan. 18 and 19 saw spikes…
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