Notes

Reintroducing The Open Metaverse OS Paper
It's expected to change the way people work, access social media, and even surf the web, meaning that while many people have completely ignored virtual reality, the same is unlikely to happen with the metaverse. I'm happy Osaka has found a new outlet to channel her creativity, and have no doubt it will be a success, even if I still don't quite understand what, exactly, NFTs are. ’s even a thing anymore. The powerful thing about our accelerator and this volume of investments is it gives us access to a growing brain trust of startups at the very bleeding edge of the Metaverse. Real estate tends to lag because it’s a highly regulated industry, which isn’t a bad thing. The metaverse isn’t a single product one company can build alone. It's not an uncommon move for a tech company of such scale - Google created Alphabet as its parent company back in 2015 - but the timing of the Meta announcement is important. The kinds of AR technology proposed through this grand metaverse concept, thrust into the limelight recently by Meta CEO Mark Zuckerberg, has the potential to transform our lives. Based on these kinds of insights, I’m going to break down how to understand the Metaverse as an investment opportunity.

This means that, like VR, the metaverse is going to be bigger than a single company. The company is focused on building Mesh, which is a platform that will power Teams and other applications, along with Hololens, an augmented reality solution that is widely used in manufacturing, education, and the military. It is interesting to see Tim Sweeny himself, CEO of Epic Games and the Unreal gaming engine, which currently enjoys a market duopoly, has chosen to raise a billion dollars to both support the Open Metaverse alternative through grants and investments into startups, including several startups that have been through our accelerator, but also to transition his company and properties into its direction. Garg later accused the fired employees of "stealing" from their colleagues and customers by being unproductive and only working two hours a day, according to Fortune, which confirmed those sentiments in an interview with the CEO. As we focus on helping to build the next computing platform, our work across augmented and virtual reality and consumer hardware will deepen that human connection regardless of physical distance and without being tied to devices. On the one hand, direct-to-consumer has dematerialized much of the retail supply chain, but it’s still both a virtual mall and network of physical fulfilment centres moving around physical goods, as well as a business with a growing number of virtual goods and services like ebooks, music, and video streaming, all of which are consumed entirely on its proprietary devices and platform.

After listening to Mark Zuckerberg talk, it sounds like some megalomaniac took my stuff and filtered it through some weird self-aggrandizement filter. The virtual space in the metaverse also sounds similar to that which already exists in virtual reality programs. David Carnoy/CNET Headphones like AirPods 3 dabble in spatial audio, which means sounds seem located in different parts of your room, staying in place when you turn your head. But to put it simply, there are at least two versions of the Metaverse we observe emerging: one dominated by closed platforms and Big Tech like Facebook / Oculus and the other built on open protocols leveraging blockchains, such as the decentralised virtual land Decentraland and Sandbox. Like the film Ready Player One, science fiction has described ‘the Metaverse’ both as a destination and a dystopic process of capture and control. In Ready Player One, IOI, a single corporation, wanted to own and control the OASIS’ servers and databases, where they could: delete people, access any information, change the rules of the world, and print themselves infinite currency. The metaverse is a shared virtual space that users will be able to access via the internet.

It’s what’s helped Axies achieve a record $1.2 billion USD in sales, growing exponentially from just over 108,000 daily active users in June to more than a million daily active users today-now reporting sales of nearly $780 million in the last 30 days alone and more than 1.4 million individual transactions. The platform was rated a top 10 favourite social app among gen-Z and millennials in 2020 and had 7 million monthly active users (MAU) and 14 billion monthly credits per month changing hands. metaverse stock of number of assets per collection for all NFTs (top) and by category (bottom). Evaluate a new collection of this season using a VR headset. And If you’re in VR with people who are bothering you, you can report them using the Oculus reporting tool and include evidence for us to review. That said, high-level cards can also be staked in yield farming pools, giving victorious parties more opportunities to generate profit. We’ll work with experts in government, industry and academia to think through issues and opportunities in the metaverse. Through this fund, we’ll collaborate with industry partners, civil rights groups, governments, nonprofits and academic institutions to determine how to build these technologies responsibly.



Website: https://metaversezeus.com/facebook-and-metavers/