Walmart Is Working On Its Own Metaverse With NFTs & Crypto

vrcoin on January 24, 2022

One of the biggest global big-box retailers wants a chunk of that $800 billion metaverse business.It appears that Walmart, one of the largest global big-box retailers, is joining the growing metaverse community with the launch of their own cryptocurrency. The company is also releasing a collection of NFTs that include virtual items such as electronics, home decorations, games, toys, sporting goods, and various other products you can typically find at a physical Walmart store.During a CNBC interview,trademark attorney Josh Gerben said that the company has filed seven “super intense” trademark applications with the U.S. Patent and Trademark Office detailing how Walmart envisions their presence in the metaverse and what a Walmart cryptocurrency would potentially look like. The details of the trademarks are currently under wraps.Earlier this month, a humorous clip of a conceptual Walmart VR shopping experience developed back in 2017 went viral on Twitter and TikTok with over 11 million

Exploring Metaverse: Can It Ever Become a New Normal?

vrcoin on January 18, 2022

The future of the metaverse continues to be a hot topic of conversation amongst tech developers, virtual reality users, and an increasingly digital native population. As we move further towards engaging with a completely virtual online world, tech giants such as Meta and Microsoft continue to lead the way. The question is, what exactly can we expect from the metaverse. And could it become the new normal? What Is the Metaverse? In his 1992 Science Fiction Novel, ‘Snow Crash’, author Neal Stephenson first used the term ‘metaverse’ to explain his version of a virtual reality environment. Defining a 3D realistic world in which he could virtually be a part of, the term ‘metaverse’ was born, and hasn’t been forgotten since. The modern-day metaverse could be described as the fight to achieve a real-life online virtual world that incorporates virtual reality, augmented reality, and holographic forms of communication such as 3D

Apple Reportedly Wants Nothing To Do With The Metaverse

vrcoin on January 10, 2022

A source claims the company’s highly-anticipated mixed reality headset will prioritize shorter experiences. Last year rumors began circulating that Apple is in development of its own combination VR/AR headset. As for when we can expect to get our hands on this long-rumored mixed reality device, some sources are reporting a potential 2022 release date, though the company has yet to comment.That said, whileApple CEO Tim Cook has stated that AR technology is “critically important” for the company’s future, it appears as though they have little to no interest in the “metaverse,” aka the future of everything.Image Credit: The InformationIn Mark Gurman’s latest “Power On” newsletter for Bloomberg, the Apple and consumer tech expert claims that Apple has little to no interest in bringing the metaverse to its mixed reality hardware and will instead be focusing its efforts on delivering shorter experiences best enjoyed in small “bursts.” These experiences could include

Exploring New Frontiers With Metaverse

vrcoin on December 29, 2021

The tech world is abuzz with news of the metaverse and how it can open up a world of opportunities. It promises a more immersive digital experience for users, and it’s poised to become the internet’s successor. This vast network of virtual worlds is the stuff of science fiction brought to life with today’s technology. If you’ve seen Ready Player One or The Matrix, engaged in crypto or non-fungible tokens (NFT), or played games like Roblox or Fortnite, then you already have a glimpse of things to come. What Is the Metaverse? The term was first coined by Neal Stephenson in his 1992 science fiction novel Snow Crash. In the novel, the metaverse is a shared digital place that people visit to escape their dystopian reality. They use avatars to interact with other users and explore an online world where they can be who they want to be and do

Someone Spent $450K To Be Snoop Dogg’s Neighbor In The Metaverse

vrcoin on December 17, 2021

How much would you pay to live next to your favorite celebrity in the metaverse? In case you’ve been living under a rock, NFTs are taking over the metaverse. At this point, it seems like everyone and their mother is investing in non-fungible tokens and cryptocurrency. This includes famed California rapper Snoop Dogg who—earlier this year—partnered with blockchained-based 3D open world game The Sandbox to launch his own world inside the metaverse.‘The Snoopverse’, as it’s being called, is a portion of The Sandbox metaverse owned and operated by Snoop Dogg. Earlier this month, 122 LANDs (plots of virtual land) and 67 Premium LANDs were put up for auction, allowing early investors the chance to purchase NFT property inside the ever-growing Snoopverse. How much does this land cost exactly? Well, that depends. Much like the actual real estate market, location is everything. Take it from The Sandbox user P-Ape who, earlier

Nike Just Bought Leading Metaverse Fashion House RTFKT

vrcoin on December 13, 2021

The company’s acquisition could be a major step forward for the metaverse, NFTs, and the digital fashion industry.Nike today announced the purchase of RTFKT Studios, a leading metaverse fashion house best known for its lineup of high-end digital clothing. Since 2020, the company has employed a variety of cutting-edge technologies such as NFTs, crypto, blockchains, and AR technology to establish a one-of-a-kind brand that blends the physical and digital worlds.What began with NFT sneaker drops has since expanded into a full-fledged digital clothing brand.Image Credit: Nike / RTFKT Studios“This acquisition is another step that accelerates Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming, and culture,” said John Donahoe, President and CEO of NIKE, Inc in an official statement. “We’re acquiring a very talented team of creators with an authentic and connected brand. Our plan is to invest in the RTFKT brand,