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Metaverse November 19, 2021

Metaverse Offers Chance to Get Technology Right

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Last week, John Hanke, CEO of Niantic, delivered a message to AR and VR developers at the Augmented World Expo 2021. Hanke was, of course, referring to the approaching metaverse. A phrase popularized by Facebook (now Meta) to describe the era of wearable, always-on augmented reality technology. The phrase “metaverse” derives from Neal Stephenson’s dystopian novel Snow Crash, published in 1992.

“”I admire [Stephenson’s] work,” Hanke said, “but we’ve all seen how those stories end.” People in the fictitious future must escape into a virtual reality since the world has become such a mess and things have gone so tragically wrong.”

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“That’s not the future I want, and it’s not the future we think will happen,” Hanke added. We believe that we can utilize this technology not to escape the world into virtual reality. But to improve the real world and keep it as a place of purpose, novelty, and community.”

He believes that company executives and engineers should now focus on properly constructing the metaverse.

He believes that company executives and engineers should now focus on properly constructing the metaverse, learning from what has happened in the tech industry over the last ten years, such as the spread of misinformation, political divide, and loss of privacy.

“As thrilled as we are about the technology and what we can accomplish with it, we know that this next era of computing, this platform transition, comes with it big-time responsibility,” Hanke told the developers, who were present in person at the Santa Clara Convention Center and via webcast. “We’ll be deciding how this will appear in terms of platform and product, as well as how much human values will be factored in.”

“We put a small computer in the hands of billions of people all around the world, and it altered the way we all live,” he remarked. “It has had a profound impact on humanity. However, we’ve seen the drawbacks in terms of tracking, privacy, and the behaviors that platforms and apps encouraged us to engage in.”

According to Hanke, the metaverse might have all of the issues that social media has now. However, because it will interact with the actual world, developers will be held to a higher standard to safeguard users from these drawbacks.

“Imagine wearing a wearable device on your head all day,” Hanke remarked. “It’s likely to know where you’re gazing the majority of the time. Perhaps it is aware of other details, such as your heart rate. Did your heart rate rise when you saw a commercial? What did your heart rate do when you saw [it identifies]? Have you noticed that your pupils have dilated? How about your feelings? Do you feel joyful, sad, or worried?”

This is not science fiction. What I described is something that technology is capable of.

He went on to say, “This is not science fiction”. “What I described is something that technology is capable of. It is up to all of us to decide whether we allow that to develop into the dystopia that we all know it may be, or if we take measures to change it into something else.”

Michelle D. Madsen graduated from the University of Westminster and has been deeply involved in the world of finance ever since. She has worked as a Broadcast Journalist hosting various news shows and informative webcasts about the financial markets. Since 2004 she has also been writing for MetaNews daily, her attention to detail, and her in-depth knowledge of the financial markets have led her to cover Foreign Exchange and commodities. The world of finance has changed in the last few years with the introduction and rising popularity of cryptocurrencies and the Metaverse. She has in no means been left behind, adding this to her bank of intellect and is now also an expert in cryptocurrencies. For the last ten years, Ms. Madsen has been engaged in the financial market. She has notedly written a great number of incredibly informative reviews for the crypto, NFT and the Metaverse. Her wealth of knowledge has enabled her to become a leading expert in the field. She continues to inform the public writing up-to-date, thorough reviews for the readers of MetaNews as she has for the last decade.

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The Blocks is an upcoming NFT project

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The Blocks is a collection of 3,333 PFP that is suitable for crypto enthusiasts as well as newbies. The Blocks, in contrast to many other NFT initiatives, is being constructed with the long-term community of “Mr. Block” in mind. Mr. Block is now working on the development of a community-driven information hub with the goals of educating, onboarding, and enabling the blockchain ecosystem and the next generation of crypto participants.

The Blocks NFT collection serves as a gateway method for the user community, and it offers an interesting and comprehensive path

An original cartoon character from the early 20th century that was featured in The Industrial Worker newspaper was the inspiration for The Blocks by Mr. Block NFT, which pays homage to that character. This cartoon character depicted a disgruntled union worker with the appearance of a block-shaped, rectangular head made of wooden material. He frequently sported a top hat of moderate size and a checkered shirt. As someone who endured one obstacle after another, he was portrayed as having empathy for the average person in the workforce. In the most fundamental sense, he was “The Man’s” servant.

“We have started putting in place the foundation for our community. Cryptographic incentives, the Learn2Earn program, social and influencer collaborations, and Web3.0-based governance are some of the additional features that will be added over time.”

Members of the NFT will be eligible for discounts and gift cards for use in The Mr. Block Shop as the company continually update and modernize their products selection to accommodate the demands of web3.0.

Members of the community will get priority access to our collaboration partners, community events, and future advancements, such as new products and features as well as virtual and in-person events.

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Mogul and TNL collaborates for the metaverse

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With a new cooperation, Mogul Productions, a decentralized platform that aims to promote NFTs and DeFi in the media and entertainment industry, is making a significant step.

The company has partnered in a significant way with Trace Network Labs to deliver the cinematic experience to the metaverse

Digital avatars, whose growth trajectory has, to put it mildly, been on an increasing track since the 1970s, have fundamentally transformed the picture thanks to blockchain technology.

The metaverse will deliver actual value for digital assets, mostly in the form of NFTs. People will be able to remake their identities and reconstruct themselves in any way they choose thanks to it. All kinds of digital animals will come to life thanks to it.

Through their collaboration, Mogul Productions and Trace Network hope to propel this industry to its next level of expansion. In essence, Mogul seeks to introduce movies and the movie experience to the metaverse.

The authors of blockbusters like the Bored Ape Yacht Club, CryptoPunks, and Azuki helped open a wide spectrum of success stories, and some of the most well-known NFT collections in the world today have seen millions of dollars in sale volumes.

Alongside this, there has been a constant push for the Metaverse to become a reality. In this virtual environment, real-life people can interact and perform just about any other task using avatars.

With NFTs at the center of it, Mogul hopes to use its cooperation with Trace to advance this. Notably, the platform hopes to let users create their own avatars and utilize them to experience things like movie premieres in the metaverse. Additionally, as a result of the partnership, Mogul’s Cinematic Metaverse will develop to offer consumers new features including branded wearables and other Mogul items.

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eBay purchases rising NFT marketplace

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KnownOrigin is a marketplace for non-fungible tokens (NFTs) that allows artists to create, purchase, and sell digital items. eBay made the announcement today that it has acquired KnownOrigin.

This year has seen a number of corporations provide financial backing for the metaverse, the most recent of which is the global commerce leader’s investment in Web3.

“eBay is the first stop for people all over the world who are searching for that perfect, hard-to-find, or unique addition to their collection,” stated Jamie Iannone, CEO of eBay. “With this acquisition, we will remain a leading site as our community is increasingly adding digital collectibles,” Iannone added. “eBay is the first stop for people all over the world who are searching for that perfect, hard-to-find, or unique addition to their collection.”

“KnownOrigin has built up a remarkable, enthusiastic, and dedicated network of artists and collectors, which makes them the perfect complement to our community of sellers and buyers. We are excited to have these pioneers join the eBay community, and we can’t wait to meet them all!”

According to the firm, eBay made investments in technical changes in May of 2017 to make purchasing and selling NFTs on the platform easier. As a result, eBay began allowing NFTs to be purchased and sold on the platform

The co-founder of KnownOrigin, David Moore, stated that they believe that “as interest in NFTs continues to expand, now is the perfect time for us to join with a company that has the reach and knowledge of eBay.” We have spent over twenty-five years cultivating communities of like-minded individuals, and we are thrilled by the opportunity to bring an entirely new audience along on this adventure.

“This is the beginning of a new chapter in the story of KnownOrigin, and we couldn’t have chosen a better time to focus on expanding and creating alongside the team at eBay,” said the CEO of KnownOrigin.

Moore stated that the purpose behind the establishment of KnownOrigin was to give creators and collectors the ability to buy and sell certified digital artifacts on their platform in order to give them more power.

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