Metaverse

How Brazil Is Stepping Up to Tackle Digital Piracy and Eying Metaverse Infringement

RIO DE JANEIRO – Authorities in Brazil are finding that fraudsters are using illegal download apps and websites to lure in music fans eager for a stronger connection to specific artists – and then profiting from reams of personal data they are mining from them. London-based IFPI and its recorded-music affiliate, Pró-Música Brasil, have been cooperating with a cybercrime unit of Brazil’s Ministry of Justice for over a year, working to root out services illegally peddling MP3 singles and albums from some of Brazil’s most popular artists, including Alok, Bruno & Marrone, Luccas Neto and Barōes da Pisadinha. Last month authorities shut down 461 illegal download apps and 11 websites — a record haul for a single anti-music piracy operation in Brazil. The apps generated more than 10.2 million...

Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement

Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed in the next market cycle. One project that has seen a noticeable boost in volume, despite the wider-market downtrend is Stratis (STRAX), a blockchain development platform designed to help enterprise businesses establish their own blockchain in a simplified manner. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.365 on June 15, the price of STRAX has rallied 220% to hit a daily high of $1.20 on June 29 amid a surging 24-hour trading volume. STRAX/USDT 1-day chart. Source: TradingView Here are three reasons why the price of STRAX is rallying this week as the wi...

Can Metaverse technology enhance human-AI efficiency?

Conversational AI systems in the metaverse resemble human-to-human communication. Voice assistant AI has found its way to the metaverses of the new era, powering use cases like lifestyle assistance and personalized recommendations. For instance, rather than driving to a travel agency’s office or talking to their overburdened customer service, users can hop on the metaverse and take a tour of multiple awe-inspiring locations with the assistance of an AI-powered bot. An AI concierge in a metaverse is a personified machine that delivers unique recommendations based on the avatar’s preferences. Take into account the amount of data available on every person and you know the potential of this use case. Natural language processing in the metaverse makes it more personal than the real ...

Wire Network’s new protocol aims to end Web3 interoperability woes

Layer-1 blockchain platform Wire Network announced the launch of its blockchain interoperability protocol called Universal Polymorphic Address Protocol (UPAP). In the Web3 ecosystem, which is comparatively nascent to the larger crypto market, the primary interaction occurs over digital goods and NFTs. However, the growing number of Web3 platforms lack interoperability which could be a huge roadblock to a seamless Web3 experience. Wire Network aims to change that with its universal wallet address protocol. Blockchain interoperability is the ability to share information across different blockchain networks without restrictions. With the evolution of the blockchain industry, hundreds of new protocols and blockchain standards have emerged. Thus, the interactions among different blockchain...

Meta set to begin testing NFTs on Instagram Stories with Spark AR

Instagram’s parent company, Meta, announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR. CEO Mark Zuckerberg said of the news, “We’re expanding our test so more creators around the world can display their NFTs on Instagram.” The company also stated in an announcement, “Creators and collectors will be able to share their digital collectibles across Facebook and Instagram after we begin rolling out the feature on Facebook with select US creators at a later date.” Zuckerberg also confirmed that Facebook is set to support NFTs in the future: “We’ll bring this feature to Facebook soon too — starting with a small group of US creators — so people can cross-post on Instagram and Facebook. ...

Experiment Results Show We are Still a Long Way from Working in the Metaverse

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Yahoo launching Metaverse events for Hong Kong residents under restrictions

Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region. Yahoo, a US-based internet media company, revealed that it will host a series of virtual events and concerts for Hong Kong residents in the Decentraland metaverse. According to Lorraine Cheung, the head of audience at Yahoo Hong Kong, the company sees the Metaverse as an attractive alternative for Hong Kong residents looking to engage in social activities while pandemic restrictions remain in force. On Thursday last week, a nation-wide mandate was introduced requiring that a negative Covid test be provided to enter all public venues such bars and restaurants. “We hope to use the Metaverse to connect people regardless of time and phys...

What is MetaPay and how does it work?

When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution in the rate of user acceptance of the technology involved.  Users could converse more readily anywhere and anytime when wired technology gave way to mobile technology. For example, smartphones are now bringing a flood of other services to the Metaverse. The Metaverse is a three-dimensional virtual place that works as a metaphor for the real-world . The term “metaverse” is derived from “meta” (beyond) and “universe.” In this article, we will discuss the MetaPay project and how to buy MPAY tokens. We will also explore if it is safe to invest in MetaPay. What is the MetaPay project? MetaPay is a means of payment that allows use...

What is MetaPay and how does it work?

When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution in the rate of user acceptance of the technology involved.  Users could converse more readily anywhere and anytime when wired technology gave way to mobile technology. For example, smartphones are now bringing a flood of other services to the Metaverse. The Metaverse is a three-dimensional virtual place that works as a metaphor for the real-world . The term “metaverse” is derived from “meta” (beyond) and “universe.” In this article, we will discuss the MetaPay project and how to buy MPAY tokens. We will also explore if it is safe to invest in MetaPay. What is the MetaPay project? MetaPay is a means of payment that allows use...

Here’s how the Metaverse enables inclusivity for genderqueer people

In the wake of the rising popularity of games like Fortnite, Roblox and Minecraft and the concept of the Metaverse, the ability of “avatars” to escape unpleasant realities, or simply have fun, is emphatically relevant. It warrants a discussion on digital citizenship and the “inclusivity” of individuals and their identities in the virtual realm, and it provides new meaning for those with gender dysphoria or who identify as genderqueer. In the real world, there is a known bias against those who do not identify with the sex assigned to them at birth. According to a recent study, approximately 2.7% of adolescents in the United States identify as trans or gender diverse. Extrapolating this to the global population, more than 200 million people likely fall into this category and come under press...

Axie Infinity: AXS price risks deeper losses despite 90% drawdown already

Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo further declines in the coming months, according to a mix of technical and fundamental catalysts listed below. Low player count dampens AXS demand To recap, AXS serves as a settlement token within the Axie Infinity’s gaming ecosystem, allowing players to purchase native nonfungible tokens (NFT), a flurry of digital pets called “Axies.” It also acts as a work token that players can spend to breed new Axies. New users that enter the Axie Infinity ecosystem need Axies to pit them in a battle against other Axies. When they win, the platfo...

‘Father’ of the Metaverse Neal Stephenson launching Metaverse blockchain

Neal Stephenson, the author who coined the term “Metaverse” 30 years ago is launching a Metaverse-focused blockchain project called LAMINA1. He has also revised his vision for the Metaverse stating the experience is likely to be geared more toward flat 2D screens and rather than virtual reality or augmented reality tech such as headsets and lenses, as in the model posited by Meta and Microsoft. Stephenson is a popular speculative fiction author who explored the concept of a virtual reality world called the Metaverse in his sci-fi novel Snow Crash in 1992. Outside of writing the 62-year-old also served as the chief futurist for an augmented reality (AR) firm called Magic between 2014 and 2020. According to a June 8 announcement from OG crypto investor and former Bitcoin Foundation chairman ...