Shiba Inu is invited to participate in discussions about the metaverse by the World Economic Forum. The Shiba Inu community had been eagerly anticipating Shibarium, the platform’s metaverse initiative. Despite receiving Shiba Eternity, they were forced to wait for what seemed like an eternity before they could begin their metaverse project. But Shiba Inu’s involvement in another metaverse project was just made known to the community. Lead developer Shytoshi Kusama of Shiba Inu tweeted on November 23 that the World Economic Forum had asked Shiba to work on a number of policies. Shytoshi clarified that the project had been given
Meta, the parent company of Facebook, plans to lay off a sizable portion of its workforce starting this week. After Twitter last week, it’s the most recent tech juggernaut to fire staff members. During the pandemic and the ensuing lockdowns, social media and tech giants experienced rapid growth. In total, Meta hired more than 27,000 new workers in 2020 and 2021. They are observing a contraction now that normalcy is starting to return. Several thousand employees may be impacted, according to the WSJ, which reported on November 6 citing people with knowledge of the situation. This week, Meta is anticipated
The Open Metaverse Alliance (OMA3) has officially launched today, with memberships available in two tiers: sponsor and creator. It was first announced in July with the goal of establishing standards between metaverse platforms, and it is now in the process of forming working groups to investigate issues such as web3 legal issues. The majority of associated members had ties to Hong Kong-based game software and venture capital firm Animoca Brands when it was first announced. Animoca Brands, The Sandbox (one of its subsidiaries), and several brands in which the company has invested include Alien Worlds, Dapper Labs, Splinterlands, Star Atlas,
At Optimisus, the team believes that a world in which users are rewarded for their time spent reading, interacting, and engaging with content is what the media industry will look like in the future. Optimisus’ goal is to make this free-sharing society a reality by giving readers, content creators, and editors the ability to earn tokens from the time, engagement, and work that have contributed to the development of the sector. Optimisus aims to achieve this vision by making it exciting for users to interact with content for their own benefit and that of the crypto space. The company’s vision
Western Union and Paypal both registered trademarks with the US Patent and Trademark Office to offer services in the metaverse. Western Union, a financial services company, and PayPal Inc., an online payment system, both filed metaverse trademark applications with the US Patent and Trademark Office (USPTO). PayPal submitted three trademark applications with the USPTO on October 18 that cover “PAYPAL and its Ps Logo.” PayPal’s USPTO-licensed trademark attorney, Mike Kondoudis disclosed the contents of PayPal’s registrations on Twitter. According to a section from PayPal’s trademark application, the trademark covers “downloadable software for sending, receiving, accepting, buying, selling, storing, transmitting, trading,
Despite the fact that last year’s Metaverse Music Festival had 80 virtual performers and 50,000 attendees, Decentraland boasted that this year’s festival would be “bigger and better.” In a press release, Decentraland announced it will hold this year’s Metaverse Music Festival on November 10–13, which will include Web3’s “best music talents.” To attend, go to the Decentraland metaverse and enter the virtual musical space for free—there are no tickets or VR headsets required, and everyone is welcome. It’s little surprise that Decentraland’s music festival was labeled one of the “most extensive metaverse experiences on the world” last year. 3Lau, Paris
Flipkart has launched a metaverse offering for consumers to more interactively discover and shop new products, the latest bet from the Indian e-commerce giant as it experiments with web3 offerings to supercharge its customer experience. The largest online retailer in India, Flipkart, has announced it has launched a metaverse service called Flipverse for consumers to discover and shop for new products. Flipkart, which is supported by American retailer Walmart, claimed that “a wide range of companies,” including Puma, Noise, Nivea, Lavie, Tokyo Talkies, Campus, VIP, Ajmal Perfumes, and Himalaya, are working with the company to establish experience theaters using Flipverse.
Roblox and FIFA have announced a groundbreaking partnership that will grant free-to-play access to FIFA World to both the Roblox community and football fans worldwide. The FIFA World is a virtual platform that honors the force of football and the lengthy history of its most important games. The international governing body of association football, beach football, and futsal has announced in a press release that the opening of the Roblox virtual world comes before the impending 2022 FIFA World Cup in Qatar. FIFA plans to create free-to-play challenges with incentives and keep creating interactive football experiences for fans. In the press
Ajman Police in UAE becomes the first law enforcement organization to offer its services inside the metaverse.
The United Arab Emirates (UAE) is continuing with its extensive metaverse adoption across all of its governmental and business enterprises. According to Khaleej Times report on October 16, the Ajman Police in UAE became the first law enforcement organization in the world to offer its services inside the metaverse. The Ajman Police General Command debuted a brand-new cutting-edge service during Gitex Technology Week dubbed “Request for Sponsorship,” which enables the general people to get in touch with the police digitally. At the Dubai Metaverse Forum, Ajman Police General Command Officers were also in attendance. The force’s participation was made in
Konami, a Japanese video game company, is seeking developers with expertise in web3 and metaverse. In addition, the company intends to introduce an NFT marketplace at a time when the majority of other gaming companies have abandoned them. On October 13, the Japanese entertainment conglomerate and video game developer Konami announced that it was hiring staff for Web3 and metaverse development. The company’s plans to introduce an NFT marketplace for trading digital in-game items is particularly intriguing. To create new experiences like Web3 and the metaverse, Konami is hiring people to work in system construction and service development roles. According
Shiba Eternity, a trading card game that allows players to “fight without violence” with Shiboshis, was released earlier this month by the community behind the meme-inspired cryptocurrency Shiba Inu ($SHIB). Over 11,000 users have reviewed the game on the Google Play store, giving it an overall rating of 4.6 out of 5. The app store for Apple currently rates the game 4.8 out of 5. In Shiba Eternity, players compete to drain the strength of their rivals’ Shiboshis, virtual canine warriors, by selecting different cards each turn. After being tested in Vietnam in August, the game was first made available in
UAE, October 12, 2022: Day three of the 42nd edition of GITEX GLOBAL, the world’s largest tech and start-up event, witnessed an exclusive interaction of His Excellency Abdulla Bin Touq Al Marri, UAE Minister of Economy with the GITEX audience along with some exciting announcements such as the UAE’s first metaverse hospital, biggest unicorns of the world congregating under one roof to share funding advice, and a sneak peek into how robotics is transforming surgery. UAE Minister of Economy addresses GITEX GLOBAL audience His Excellency Abdulla Bin Touq Al Marri, UAE Minister of Economy began Day 3 proceedings at GITEX