Virtual Reality (VR) & Augmented Reality (AR) News
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Virtual Reality News
One of the new intriguing trends in the gaming industry is the VR (Virtual Reality) technology. VR allows users and gamers to experience an extraordinary graphical 3-D (three dimensional) recreation of their surroundings. VR’s success has motivated several tech companies to venture into the gaming industry as top companies dabble into the technology.
In 2016, gaming fans across the globe were thrilled by the introduction of Virtual Reality Headsets, this led to much better user experience and significantly revolutionized the gaming industry.
A better user interface in VR games sparked the interest of users as the demand for the technology increased in a few months.
Augmented Reality
Augmented Reality is a shared simulation of the real-world experience of an environment, AR brings real life experience to the users in such a way that they cannot distinguish between real life experience and virtually augmented experience.
Its diligently connected term, Augmented Reality, gained a lot of hype at its introduction as many tech enthusiasts reeled in amazement of its limitless potential. AR currently has more use cases than VR and is steadily describing the next stage of how people might interact with each other in the near future.
Since its inception, Augment Reality has been majorly adopted and used in the advertisement and entertainment space. One of the products that signified the innovation was Google’s AR Glasses which was released to help autistic children get more comfortable in social gatherings.
Although AR is still in its early years, there is no doubt in its broad potential to give rise to better ingenious innovations in the future.
The new leaders of the council are committed to helping the members channel their resources in a bid to enhance the connectivity that the metaverse is expected to bring across the board.
The emergence of the StarryNift ecosystem will be marked with an Anniversary Carnival before the end of May.
All the proceeds from the “Mother of Creation” collection will go for charity donations to The Voices of Children Foundation, The City of Joy, and Black Mama’s Bail Out organizations.
Google Cloud seeks to play a major supporting role in Web3 expansion by creating a dedicated team for blockchain services.
The recent effort by Stokely-Van Camp will add Gatorade to the growing list of multinational brands going virtual.
Meta explained that the Meta Store has an interactive Quest 2 display wall.
According to Goldman Sachs, Apple and Meta are leading metaverse development efforts notwithstanding the problem with VR utility.
Although individual brands are already exploring Metaverse and NFTs, the LVMH CEO warned that the company needs to be “wary of bubbles.”
The SPACEVERSE metaverse will provide an extended-reality training, testing, and operations environment to the US Air Force.
Under the collaboration between FlickPlay and The Sandbox, some people who acquire Flicky will be able to use it as an avatar on The Sandbox.
Owning a piece of this NFT collection grants access to real-world valuable assets including 10% of Singapore Electric Vehicles (SEV) shares as well as a number of physical objects.
Reports prove that the 47.5% fee contradicts Zuckerberg’s previous proclamations on what the metaverse will look like, as he was criticizing Apple’s 30% fee on transactions.
The acquisition will see Infinite Reality integrating Rekt’s esports and entertainment business while merging with its own gaming, social, virtual, and remote production.
These new ETFs from Fidelity will focus on investments in companies working on the Metaverse as well as crypto payments.
The recent filing puts Mastercard at par with Visa and American Express which have also filed for their NFTor metaverse trademarks.