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” Diem team members raise $200M to launch blockchain derived from it “ Former Meta employees and key players behind the firm’s defunc stablecoin project Diem have raised $200 million to expand a new project dubbed “Aptos.” Aptos was cofounded by former Novi — Meta’s crypto unit — strategic partnerships lead Mo Shaikh and tech…
” Instagram is adding NFTs soon says Mark Zuckerberg “ Meta CEO Mark Zuckerberg has revealed that its video and photo sharing app, Instagram, is preparing to add non-fungible tokens (NFTs) to the platform. “We’re working on bringing NFTs to Instagram in the near term,” Zuckerberg reportedly stated in an appearance at the South by…
“Pavni Diwanji, Meta exec in charge of ‘Instagram for Kids,’ departs” The Meta executive in charge of the social media giant’s youth initiatives — including its controversial “Instagram for Kids” — is leaving the company. Pavni Diwanji, the company’s vice president of youth product initiatives, had led efforts to develop a version of Instagram targeted…
” NFT fashion hits the runway as designers launch in the Metaverse “ The rise of the Metaverse has resulted in an entirely new digital economy, one defined by virtual experiences and interactions. In turn, metaverse ecosystems consisting of avatars are also emerging, allowing individuals to express themselves through digital customizable 3D characters. This idea was…
” NFT fashion hits the runway as designers launch in the Metaverse “ The rise of the Metaverse has resulted in an entirely new digital economy, one defined by virtual experiences and interactions. In turn, metaverse ecosystems consisting of avatars are also emerging, allowing individuals to express themselves through digital customizable 3D characters. This idea was…
“# Is there a future for digital fashion in the Metaverse? ” ourtesy of Kat Taylor Cattytay, digital fashion appeared in 2017. However, we began to talk loudly about it only in 2020. It all began five years ago when Kat first made an Instagram post with the caption “Virtual Clothing!!!” Then, there was a…
“# Snow Crash’s Metaverse was filled with ads in 1992, and the real one will be too ” Neal Stevenson’s Snow Crash, a techno-dystopian science-fiction novel that has become a legend among Silicon Valley tech bros, predicted the rise of a future Metaverse all the way back in 1992. Despite Stephenson saying that he was…
“#Luxury labels like Gucci selling virtual fashion for avatars” The metaverse is going vogue. Gucci, Balenciaga and Fendi are just a few of the luxe labels that are rolling out digital clothing collections for gaming avatars to don while they’re dominating the world of virtual reality. And when it comes to buying high-end couture for…
“# The Metaverse will bring a further erosion of privacy ” Unlike some of my peers in the technology space, I don’t see the Metaverse as a virtual world in which we work, socialize and shop. Rather, I see it as a point in time, reached in 2020 and into this year because of the…
“# More playing and less earning will make better Metaverse games ” If you’re not keen on joining Mark Zuckerberg in the Metaverse, I have bad news for you: You’re already there. You don’t need a virtual reality headset to enter a virtual world. Humans have been representing reality since our distant ancestors first painted…