At the same time, the first NFT restaurant, the Flyfish Club, opened in New York. You need to buy an NFT membership card to get into it. The number of places in the club is limited: the owners have issued 2.7 thousand tokens, providing entry for regular members and 385 tokens for top-level guests. A permanent membership will cost 2.5 Ethereum, or a little over $8,000, for which guests can access a cocktail bar, a restaurant and private events.
Dan Neary, Vice President of Meta in Asia Pacific noted in a recent virtual press conference that it's more pronounced in APAC than anywhere else if we think about the speed by which many industries, have adapted to things like mobile or messaging.
SoftBank Group Corp. is investing $150 million in a South Korean а metaverse platform that has amassed a large following of young female users by selling high-fashion items for 3-D avatars, according to the companies involved in the deal.
Considering the level of hype, there will undoubtedly be an inevitable economic effect. According to PWC's VR and AR forecasts, these technologies could impact 23 million jobs by 2030. This, in turn, could lead to an economic growth of $1.92 trillion. One reason is that the technologies used in the Metaverse can make it possible to minimize the gap between theory and practice.
Is there any corporate perspective?
Metaverses can be useful for end-users to play and spend time in virtual spaces. At the same time, businesses can also benefit from the use of digital spaces.
One of the most obvious options is to improve the training and education experience for employees. Metaverses and immersive technologies can accelerate corporate e-skills and others.
This story is from the April 2022 edition of Gadgets.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the April 2022 edition of Gadgets.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
CASHLESS TRAVEL WITH GCASH GLOBAL PAY
Check out the cashless adventure of Megan Young and Mikael Daez as they travel across Japan
PETRON EXPANDS CAR CARE CENTER NETWORK
7 NEW OUTLETS OPEN IN 2023, MORE TO COME IN 2024
NUCLEAR POWER
Renewable energy has been a thing for much longer than you think, and many countries have attempted to leave fossil fuels behind as a strategy to combat global warming for decades.
HONOR X8B
HONOR’s Xa-series smartphones impressed me last year. HONOR’s entry to mid-range lineup was reasonably priced and each model had its niche special feature. Among the standouts last year was HONOR X8a, an entry mid-ranger with a massive 100-megapixel camera that shot out the competition. This year, the HONOR X8b is a worthy successor to the X8a.
DECODING THE SUSTAINABILITY JARGON IN SMARTPHONE MARKETING EFFORTS
In today’s world where environmental consciousness and care are more important than ever, smartphone marketing efforts—from ads to packaging—have slowly but surely been integrating more and more buzzwords related to climate change and sustainability. After all, the information and communication technology (ICT) industry’s environmental footprint cannot be ignored.
LIVE SMARTER, MORE EFFICIENTLY
In the scorching heat of the summer season, air conditioners and electric fans work overtime. The satisfaction of feeling a cool air breeze against your skin is an amazing experience. But the following electric bill can be a shock, potentially consuming a significant portion of your income.
SUSTAINABLE TECH: THE IMPERATIVE OF GREEN SOLUTIONS
Our planet teeters on the brink of a climate catastrophe. Each year, we shatter the record for the hottest year, with 2023 now holding the dubious honor.
AI-INTEGRATED EDUCATION
MAPUA UNIVERSITY LEADS THE WAY IN THE PHILIPPINES
BURNOUT AND FATIGUE IN IT PROFESSIONALS
A Sophos report reveals that 94% of cybersecurity and IT professionals in the Philippines are impacted by burnout and fatigue, the highest in Asia Pacific and Japan
ALL-NEW HONDA WINNER X
HONDA PHILIPPINES LAUNCHES ITS MOST-AWAITED MOTORCYCLE FOR FILIPINO RIDING ENTHUSIASTS