Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet
Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods and services using digital identities in the metaverse. Facebook Pay Rebrands to Meta Pay Meta is trying to solve the problem of transaction and value interactions in the metaverse. The company announced the launch of a new digital wallet that will support the....
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Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wallet for the metaverse, announced by Meta CEO Mark Zuckerberg. Crypto Project Novi Ending Facebook owner Meta Platforms Inc. (Nasdaq: META) announced Friday that its crypto project pilot Novi “is ending soon.” According to its website: Novi will no longer be available for use after September 1. In Friday’s announcement, Meta explained that starting July 21, users will no....
Metaverse has now traversed the mainstream. On May 9, Meta Platforms Inc. will be opening its first-ever physical metaverse-themed retail store in the San Francisco Bay Area. Samsung has opened up their first physical Meta store – and Meta is following through. Suggested Reading | Samsung Throws In $25 Million In South Korean Startup DoubleMe […]
Meta, the social network company, has expanded the services of its flagship metaverse app, Horizon Worlds, to Spain and France. This move is part of the expansion plan of Meta to offer these services to more countries in Europe this year. While the app was available as an invite-only service in 2020, it just opened its services to the general public in December 2021 for the U.S. and Canadian markets.
Meta Expands App Horizon Worlds to Spain and France
Meta, the social media conglomerate, is expanding its metaverse offerings to Europe. The company recently announced the launch of....
Meta is bringing interactive 3D ads to Facebook and Instagram feeds, inspired by the metaverse pivot the company has begun to execute since its name change. This is possible due to a new integration in Meta’s AR (Augmented Reality) publishing library with a development from a company called Vntana.
Vntana Integrates 3D Ads in Meta’s Apps
Publishers will now be able to include 3D models in their ads on platforms like Facebook and Instagram, that belong to Meta. This innovation will allow any publisher to include these metaverse-inspired ads in the feeds the....
Meta recently announced a partnership with mobile chip company Qualcomm to produce chips geared for the metaverse market. The agreement will allow Meta to use Qualcomm’s XR technology, designed for extended and virtual reality tasks, to design and manufacture silicon to be put in the next line of Meta’s VR application, including future headsets for its Meta Quest line of products.
Qualcomm and Meta to Bring the Metaverse to Chips
While the metaverse company has focused more on the software part of the computing equation thus far, Meta is making moves to bring more....