Metaverse

Collaborative Blockchain Project for Worldbuilding

Thursday. August 22 at 9:30 PM

1 min. read

The blockchain protocol initiated by Neal Stephenson, the creator of the term 'metaverse,' has partnered with a renowned special effects company for a blockchain-based venture. Stephenson's Lamina1 protocol is teaming up with Wētā Workshop, known for their work on The Lord of the Rings trilogy, to launch a worldbuilding project called 'Artefact.' This project aims to develop intellectual property and engage community creators through the blockchain protocol. The collaboration will introduce a blueprint for expanding IP using fan inputs and will focus on creating immersive worlds based on Stephenson's literary works. The project is set to showcase a major multimedia launch on the Lamina1 platform, emphasizing the importance of the creator economy and open metaverse. Through this initiative, the team aims to advocate for transparency, inclusiveness, and decentralization in virtual worlds, offering a unique approach to digital worldbuilding.

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Regulators Secure Reimbursement for Investors in Lydian.World Metaverse Scheme

Tuesday. September 10 at 4:00 AM

Securities regulators in 12 US states have reached a settlement with German companies linked to Josip Heit, ensuring reimbursement for investors who suffered losses in a scheme involving the Lydian.World metaverse, cryptocurrency, and tokenized ownership of a metaverse skyscraper. The North American Securities Administrators Association (NASAA) announced the return of all funds and cryptocurrency deposited with the GSB Group. US investors in participating states will receive compensation, with allegations of fraud being withdrawn. States like Alabama, Arizona, and Texas are part of the settlement. Regulators from multiple states and the British Columbia Securities Commission took action against the GSB Group for running a multilevel marketing scheme. Bloomberg reported that hundreds of millions of dollars will be refunded to affected investors in the US and Canada, with a 90-day window to file claims against the group.

Metaverse

Meta's Plan for Affordable Mixed-Reality Glasses

Thursday. August 29 at 10:00 AM

Meta Platforms, led by Mark Zuckerberg, is developing a new line of sleek mixed-reality glasses known as 'Puffin' to replace their bulkier predecessors. These glasses, set to launch by 2027, will be smaller than Meta's existing Quest headsets and will not require handheld controllers, allowing users to control them through hand gestures. Unlike the expensive Apple Vision Pro, the 'Puffin' wearables are expected to be more affordable and compact, appealing to a wider audience. These mixed-reality glasses blend the real world with virtual reality, enabling users to interact with both digital and real-world objects. Mark Zuckerberg envisions these glasses as smart glasses with holographic displays, cameras, microphones, and speakers, bridging the gap between existing products and bulky VR headsets. Despite ongoing losses, Meta's Reality Labs division is optimistic about decreasing operating losses with upcoming product releases.

Metaverse

HTC Launches 'Viverse Create' for No-Code Metaverse Building

Friday. August 23 at 9:00 PM

HTC has introduced 'Viverse Create,' a new no-code platform for building worlds and games in its Viverse metaverse. Users can develop multiplayer experiences across various devices, including VR, mobile, PC, and Mac. Known for its Vive headsets, HTC expands into creator and influencer domains with this tool. While not geared towards AAA Web3 projects, Viverse Create offers robust features for VR world creation. The platform simplifies sharing experiences, accessible on VR headsets, mobiles, and PCs via a secure link. HTC's Andranik Aslanyan highlights the system's user-friendly interface and cross-platform functionality, stating that the metaverse is evolving and inclusive. This innovation aims to bridge the gap between professional developers and novice creators, fostering a collaborative virtual world-building community.

Metaverse