A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne
“We're really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet to launch metaverse. Thailand based metaverse startup Translucia Global Innovation has partnered with the Australian software development firm Two Bulls and set aside an initial budget of $100 million to build a Metaverse Research and Development Center (MRDC) in Melbourne.Translucia is a subsidiary of art and entertainment company T&B Media Global which in October 2021 launched its “Translucia Metaverse” project, with a first stage investment of $283 million for the....
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A virtual recreation of Melbourne Park including the Rod Laver Arena and Grand Slam Park will be open for the duration of the AO tournament. Tennis Australia has partnered with Decentraland to host the Australian Open (AO), which will be the first official tennis grand slam in the Metaverse.A virtual recreation of key areas in Melbourne Park, including the Rod Laver Arena and Grand Slam Park, will be open for the duration of the Australian Open tournament, which will run for a fortnight beginning on Jan. 17. The event will include exclusive content for virtual visitors, including....
Is Australia becoming the next hotspot for bitcoin ATMs? Very possibly. The country's third bitcoin ATM has launched in the city of Melbourne, following the install of the first two machines in Sydney and Brisbane. Managed by ABA Technology - the company responsible for the ATM in Sydney - the manage has been placed on the second level at the Emporium Retail Centre. The stunning Centre is newly-built, having just opened its doors to the public last month, according to local reports. And according to ABA head honcho Chris Guzowski, the owners of the Centre have taken no issue with the....
This “Crypto City” guide looks at Melbourne’s crypto culture, the city’s most notable projects and people, its financial infrastructure, which retailers accept crypto and where you can find blockchain education courses and there’s even a short history with all the juicy details of famous controversies and collapses. Fast factsCity: Melbourne Country: Australia Population: 5.15M Established: 1835 Language: English Australia’s second-largest city may lack Sydney’s amazing harbor views, but it makes up for it with a focus on art, sports and culture. There are more live music venues here per....
Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve. Phil Spencer Blasts Today’s Metaverse While the still unclear concept of “the metaverse” has been harnessed by several companies that want to leverage the advantage of being pioneers in an industry, other important personalities have criticized the current....
Hero Subs in Melbourne, Australia has become the city's first fast food outlet to accept bitcoin, offering an enticing 50% discount to bitcoin customers until 15th June. It also plans to introduce an exclusive 'Bitcoin Sub' - available only to customers paying with bitcoin at all four of the company's Melbourne locations. Hero has teamed up with not just one, but two local payment systems to support its new network. The first is Melbourne's best-known bitcoin startup CoinJar; the other is fellow digital currency pioneer DC POS. DC POS, which charges 0.5% commission to receive and store....