Metaverse

According to Shemaroo, the collaboration brings an array of captivating and immersive experiences from it's extensive content collection to JioDive VR Headset users, enriching their entertainment experiences.

Reality Labs is a business and research unit focused on virtual reality and augmented reality hardware and software. It also developed and operates Quest, a virtual reality headset and Horizon Worlds, a free virtual reality, online video gaming platform.

Meta learnt in a bitter way what users were keen on or not. Going from the cartoon avatar of Mark to this photorealistic version required a lot of new technologies, funding, and the willingness to accept what was not working out.

Banks have long banked on two phenomena- if they can get the attention of customers when they are young, they can hold on to them for life and the customer-executive relation in a traditional physical space. But with time, the sector has aced spotting which change to adapt and which to avoid. Safe to say, they have been open to the adoption of Metaverse and virtual realities in their systems.

With the funds, Mocaverse will work towards launching Moda ID, a non-transferrable NFT collection, which will allow users to develop their on-chain identities and participate in the Mocaverse ecosystem.

The initiative aims to connect, empower and engage with today's new age consumers and reshape brand interactions

Metaverse, as a concept and practicality, has pushed for an unknown feature it harbours- to make companies and their users adopt sustainability in some aspects of life.

The program offers students an opportunity to upskill themselves through a hybrid learning program that focuses on Metaverse Marketing, Blockchain, NFT and Crypto, Brand Management, and Social Media Marketing among other core skills

The metaverse provides a new economic moat in the gaming arena and hence, looks lucrative to VCs. With lesser phone asset space being utilized, gamers can meet new users in the metaverse and create a parallel existence.

The programme is specially designed for graduates from any background seeking a career in the Web 3.0, social media, or Metaverse domains, as well as professionals in the software and IT industry seeking to gain Web 3.0 or Metaverse expertise to apply it in their respective fields

The star technology, AI promises to boost up the Metaverse as companies start shelving off their virtual world projects

The bank will offer an immersive 3D experience to the customers while performing traditional banking activities through their digital avatars

According to the official release, the partnership is expected to strike a chord with the communities of AlterVerse and Jump.trade, establishing the inevitability of gaming in the Web 3.0 arena.

While Metaverse and Web3 will take a few years to take their full form, advertisers and marketers need to be prepared and get going on it.

The company plans to channel the capital into backing product research and development, community building and global team expansion

Three to four table tennis-themed mini-games will be made available to the fans by the end of June

The firm also reported that Metaverse will become a USD 13 trillion opportunity worldwide by 2030 and has further forecasted that 8 per cent of USD 160 trillion global GDP by 2030 will come courtesy of Web3 and Metaverse.

With One Verse, Aditya Birla Capital becomes the leading non-banking player in India to enter Metaverse.

The event saw a digital avatar of Kapoor preparing dishes using three of the brand's products. He was later joined by the digital avatars of over a thousand customers in the process.

Metaverse and gaming have been the dynamic duo as people continue to demand immersive games. However, metaverse has expanded its use-cases to different sectors. Metaverse has entered healthcare, automobile, real-estate, etc. Automobile is the market that has adopted metaverse the fastest with leading brands having their own metaverse.

There are 400 million monthly average users of Metaverse right now, mostly Gen-z and Alphas. Currently, that's just five per cent of the world population. And the number is expected to reach 25 per cent by 2026, according to Gartner.