Notes

The Absence Of Key World Leaders Hangs Over Biden's First G-20
Many are convinced that NFTs are here to stay and with the rise of Facebook's metaverse now seems like as good a time as any to brush up on all things digital, so read on to find out everything you need to know out the elusive NFTs. Using the Ethereum network to mint your NFTs comes with a "gas fee" for the energy and effort that goes into that computation. For comparison, an HP Reverb G2 Virtual Reality Headset currently costs $450, and the HTC Vive Cosmos goes for upward of $600. How do I care for my VR headset? What should I look for in a VR headset? I assumed that like Chinatowns everywhere in the real world, it would be built by the Chinese and look authentic - not like an Orientalized Chinese fantasy. Chinese chipmakers on its trade blacklist, strengthening investors' belief China will offer more support to the industry.

Chinese consumer electronics giant Oppo wants to change that. In fact, every tech company, retailer, and entertainment business wants in. Given Facebook’s business model, Meta will most likely focus on advertising. Even some of Facebook’s own employees, according to internal company communications viewed by Recode, are concerned about the metaverse - as reflected by questions several employees asked ahead of a weekly staff Q&A on Facebook’s internal communications platform, Workplace. The likes of Post Malone, Jimmy Fallon and NBA star Steph Curry are among the current owners of Bored Ape NFTs. But Wales himself is pushing back on the argument that Wikipedia and NFTs are misaligned. Unfortunately, since Facebook seemed to pitch this first, there are a lot of conspiracy theories about its value. Asked whether the rapid growth of NFTs and the metaverse represented an asset price bubble, Animoca Brands' Siu said that there would be "bumps in the road" but that this is true of all of finance, not just NFTs and cryptocurrencies. Rubin imagines Coca-Cola paying for prime placement of a pavilion, Ford paying for its virtual cars to be usable or Procter & Gamble promoting its brands on digital billboards.


Mark Zuckerberg sees the metaverse as the “successor to the mobile internet,” an invention that reshaped all our lives by allowing us to go online anywhere, and made it possible for Facebook’s current business to exist. Let me talk primarily about the business applications first, but I’m sure the others will come on fast. Let me start by mentioning that the Metaverse today is where the Internet was during AOL. “Right now the internet is primarily something that is ‘push.’ You are pushed information, you receive an email, you receive a notification, you then pull up your device to access that.” The difference with the metaverse is that it’s an “embodied engine” you are “already within, rather than reaching out,” Ball said. Displays: The display is where the VR image is pushed out to your eyeballs. It’s hard to imagine myself wanting to hang out in the current version of Facebook’s metaverse for long stretches of time.

What Is Facebook’s Strategy? I was listening to Jarod Lanier, one of the pioneers of VR, describe Facebook’s Meta announcement. Meta said Horizon Worlds users have already built thousands of worlds within the app since a private beta test began last year. And bitcoin's plunge of nearly 40% in September 2011 was actually the middle of a three-month slide from August through October of that year where prices plummeted more than 35% each month. Feel free to connect with me for any more information. Please consider making a contribution to Vox today to help us keep our work free for all. A mega yacht just sold for around $650,000 (R10.5 million), making it the most expensive non-fungible token (NFT) ever sold in The Sandbox virtual gaming world. Or it can be read as a dystopian concept, as though the metaverse is for people who are escaping the grim circumstances of the real world (which is how it was envisioned in the novel Snow Crash). A lot of the technologies we’ve been building for years (blockchain, VR, AR, sensors, cameras, 5G) are now coming together. It would be like saying Facebook “owns the internet.” metaverse news is a new set of technologies that many providers will build, and now it’s a race to see who adds value the fastest.


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