China's Metaverse plans: Decentralization not required
Experts claim that although China is unlikely to decriminalize crypto in the short term, NFTs and blockchain still have a place in the Communist nation’s Metaverse longer-term. Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.The Sino Metaverse seems likely to repeat what happened with the web. When the internet first went mainstream in the 1990s, many people theorized that it might accelerate democracy in China.NewZoo’s 2021 trend report “Intro to the....
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Nanjing University in China has reportedly launched one of the first majors in the country dedicated to the study of metaverse-related knowledge. The university, located in eastern China, stated that this new push is directed to impart new metaverse-related courses that will help more students to fulfill the needs of metaverse companies.
Nanjing University to Train Metaverse Workers
More universities and educational institutions are including the metaverse as an element in their courses worldwide. This time the university of Nanjing, located in the east of China, will launch one....
The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear. The Chinese city of Wuhan had reportedly shelved its aspirational nonfungible tokens (NFTs) plans amid growing regulatory uncertainty around the crypto and Web3 technologies in the country.Wuhan first announced its plans to support metaverse and NFTs in the aftermath of the coronavirus breakout as a measure to boost its economy ruined by the pandemic. The city was the epicenter of the COVID-19 breakout.The Wuhan government’s draft industrial plan for the city’s....
With some of its highest hash rates ever, the Bitcoin mining industry has weathered a harsh 2020 and increasingly moved away from China. The post The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders appeared first on Bitcoin Magazine.
To land a job in the Metaverse and Web3, possess the right skills, interact and network with people, build your brand, create content, and increase your exposure in the crypto market. Can you work in the Metaverse?The Metaverse is the next big career path on which to land an ideal job with firms like Meta, Roblox, Microsoft, OpenSea, The Sandbox (SAND), and the many others constructing it. So, if you want to know how to land a job in the Metaverse, you need to be aware of what your role may look like. Essentially, your job will involve a combination of blockchain, artificial intelligence,....
Yahoo Hong Kong executive Lorraine Cheung said that activities in the Metaverse are seen by Hong Kong residents as a good alternative to social interaction amid the pandemic. This week’s newsletter highlights Yahoo’s plans to get involved in nonfungible tokens (NFTs) and metaverse-based projects. Also, watch manufacturer TAG Heuer is dipping its toes into NFTs, and digital collectible platforms in China have increased in number despite warnings from the government.On a positive note, a CryptoPunk that was donated to Aid For Ukraine sold for more than $100,000. And don’t forget about this....