By meeting in virtual space teams create a space for relationships to grow regardless of physical proximity. Oculus by Meta looks to promote an immersive and global remote working culture using VR technology.
If you still don't quite get what the Metaverse is, this article will help you with some basic definitions, relationships, and applications.
The term 'metaverse' isn't a single place. It is a collection of technologies that produce virtual worlds where users interact with broad (and often speculative) shifts in perspective, use, and engagement with technology.
Online video games are a rallying point for entertainment and world-building. The need to play, explore and create is a shared value between games and metaverses because gaming is often an entry point into new ideas and technology. The metaverse takes the world-building of gaming a step further and releases us from any single programmed narrative, and allows the user to explore and define their own experience.
Take a deep dive into the definitions of the metaverse and their financial and market implications with this white paper written by Citibank.
Curious about the market potential for VR and AR? Introduce yourself to three reasons why VR and AR might be considered "slow to take off".
There is a profound opportunity to develop AR/VR technology that uplifts marginalized and disabled communities. Read this post as it is a powerful primer on future action and innovation toward an accessible and equitable Metaverse.
Use this article to familiarize yourself with the basic concepts of the Metaverse. It contains an interesting take on how VR headsets will need to become a lot more user-friendly before GenZ mass adopts the hardware.
New technologies can have overlapping capabilities while taking up the same conceptual space. Use this article to understand the basics of VR, AR, MR, and XR and how they relate to each other.
Virtual reality and the technologies that power it are not only changing the way we think about work but also how and where we work together. This technology opens up opportunities for business and innovation on a global scale.
Ikea shortens the gap between designing your space and purchasing their products by developing an AR app that helps you improve your furniture buying experience.
Virtual worlds lack physical boundaries and are by nature immersive and deeply expansive. Currently, the most coveted metric for any online experience is user engagement. The metaverse can host millions of users simultaneously, revolutionizing event production. Pop star Ariana Grande's massively attended and immersive online concert shows us the potential for future music and entertainment platform events.
Roblox is a gaming platform that has several virtual worlds contained within it. Wildly popular first among young people, Roblox has an active user base exceeding 150 million. What sets this platform apart from its competitors is its concern for the safety of its (often young) user base while connecting them in real-time. Their success proves a critical aspect of a developing metaverse is real-time interaction with engaging activities in a welcoming environment.
Decentraland is a metaverse where users have the agency to develop and profit from their content. It was the first metaverse to be backed by the Ethereum cryptocurrency. Its blockchain-based software allows users to purchase and own virtual land as a recorded digital asset.
The Sandbox is a metaverse that was initially a mobile phone game and has pivoted to become a decentralized immersive 3D world-builder. It has over two million users. To join in, you will need a cryptocurrency wallet that enables you to buy and sell NFTs on its marketplace, backed by the Ethereum blockchain. A unique aspect of The Sandbox is the ability to buy, sell and rent out virtual land, sometimes for a profit.
Horizon Worlds is a virtual world powered by Meta's Oculus technology. Meta is the rebranded name for the Facebook corporation, and their rebrand emphasizes the mainstream importance of metaverses. Given Meta's considerable financial resources and popularity, as well as VR hardware technology, Horizon Worlds will likely be a prominent metaverse over the next few years.
Our virtual experience impacts our physical well-being. Online harassment has real-world consequences. Read this article to see how the personal space boundary was developed to curb the virtual harassment of avatars—our virtual extensions of self.
Acura is the first automaker to open a digital showroom in the metaverse. This digital showroom offers a look at the company's newest model coupled with a limited edition NFT and digital clothing line by artist Andreas Wannerstedt. Acura is differentiating itself from other competitors by meeting customers in virtual worlds.