To work for everyone, the Metaverse must be decentralized
Should the Metaverse ever come into existence, blockchain technology and decentralization must be at the core of this innovation. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.What’s in a name? A whole metaverse is what one could be led to believe when looking at the buzz around Facebook’s recent transformation into Meta. In reality, of course, there is more to the new name than that — there is....
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NFT domains enable users to establish a presence on the decentralized web and the metaverse, with Quik.com providing top-level domains such as .metaverse, .vr, .web3, and many other powerful options for users to claim.
Check out metaverse domains.
The metaverse ideology and the emerging concept of brands establishing themselves in the decentralized web-based virtual universe have created a race for top-tier domains for businesses, individuals, and many developers to acquire the best at the early stages of this virtual universe.
While traditional domains optimize a....
Bending Finance of Metaverse Thothus – the first platform of its kind, meant for the finance of Decentralized Metaverse and blockchain-based games with all through one secure, transparent, and decentralized network. Metaverse Farm The protocol will offer farming of game tokens by staking them as collateral in a smart contract. The platform will offer yield […]
A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity of employees, and also increase their frustration and anxiety related to remote work. 11% of the participants in the study felt so much discomfort that they could not complete even a day in the study, leaving their tasks incomplete.
Metaverse Needs Upgrades to Support Remote Work
Companies and individuals are betting that the metaverse, an alternate digital representation of our world, will have an important role in the future of work,....
The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve a decentralized, community-led, and user ownership-oriented open metaverse. Open Metaverse Alliance OMA3 Wants to Address the Isolated World Problem While the concept of the metaverse has grown to define a significant number of business models for the next years, there are inherent problems to its....
South Korea will allocate roughly $177 million into the metaverse to fund companies and jobs in this space. The metaverse, or living in a virtual world, isn’t a new concept, but it’s only now that the hype around it is gaining rapid attention from many industries. With AI and AR at work, investing in the […]