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The metaverse: the virtual revolution that won’t happen?

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Source:Fashion Network

In October 2021, Mark Zuckerberg announced the advent of the metaverse, and even renamed the Facebook group Meta. Fashion brands and luxury houses were quick to announce collections, flagships and virtual experiences in this new cyberspace born of Web3. But two years on, these virtual worlds are home to a very small population, while their virtual property market is collapsing. NFTs, the virtual objects, clothes and works of art that were supposed to be the consumer goods of these universes, are already worthless, raising the question of the presence of brands in what seems doomed to remain a niche market.

It’s symbolic: on September 27, 2023, Meta organised its MetaConnect conference, dedicated to announcements linked to the virtual universe. At Meta’s Californian headquarters, a large crowd turned out to listen to Mark Zuckerberg. But in the virtual amphitheatre broadcasting the conference in Horizon Worlds, Meta’s metaverse, only around twenty avatars squeezed in to listen to the CEO. A leader who has himself turned away from the metaverse.

Read more: https://in.fashionnetwork.com/news/The-metaverse-the-virtual-revolution-that-won-t-happen-,1577074.html

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Metaverse

All Eyes on Art: Upcoming Collections to Watch the Week of May 13

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Source: nftnow

When you consider just how quickly things move in the metaverse, it’s a wonder that anyone can keep up with all the news and product launches, let alone the constant influx of incredible artwork. 

All things considered, it raises an important question: how can you efficiently discover the best upcoming art collections?

For the answer, look no further! I’ve scoured the metaverse to uncover the drops you simply can’t afford to overlook so you can focus on elevating your collection instead of endlessly scrolling through X and Discord.

Read more: https://nftnow.com/art/all-eyes-on-art-upcoming-collections-to-watch-the-week-of-may-13/

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Metaverse

All Eyes on Art: Upcoming Collections to Watch the Week of May 6

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Source: nftnow

When you consider just how quickly things move in the metaverse, it’s a wonder that anyone can keep up with all the news and product launches, let alone the constant influx of incredible artwork.

All things considered, it raises an important question: how can you efficiently discover the best upcoming art collections?

For the answer, look no further! I’ve scoured the metaverse to uncover the drops you simply can’t afford to overlook so you can focus on elevating your collection instead of endlessly scrolling through X and Discord.

Read more: https://nftnow.com/art/all-eyes-on-art-upcoming-collections-to-watch-the-week-of-may-6/

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Metaverse

Saudi’s National Metaverse Project ‘Cultural Universe’ Unveiled on Founding Day 2024

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Source: Coinpedia

The Saudi Ministry of Culture has launched what appears to be the world’s first state-operated national metaverse project, ‘Cultural Universe’. The innovative virtual environment, which integrates droppGroup’s Generative Media Intelligence (GMI) AI technology and Oracle’s Hyperledger Fabric 2.5 blockchain, was unveiled on February 22 to mark Saudi Arabia’s Founding Day 2024.

The purpose-built Middle Eastern metaverse digitally replicates various attractions and activities which formed part of last week’s real-life celebrations in the capital Jeddah. These include a History Walk which provides an educational stroll through significant events in the nation’s history, as well as sections devoted to Saudi heritage including music, art, history, and cuisine.

Read more: https://coinpedia.org/information/saudis-national-metaverse-project-cultural-universe-unveiled-on-founding-day-2024/

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