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Metaverse Magic Ep-24; Global Updates

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Metaverse Magic Ep-24; Global Updates

By Vishakha Thakur

XR SPACE has raised $25 mn in investment to improve the user experience. Mytaverse, a metaverse platform, recently closed a $7.6 million round to further build its enterprise metaverse platform.

Africarare, Africa’s first metaverse, will hold the A360 Metaverse Space Adventure, where participants will be able to study from A360’s visionaries in Ubuntuland in a self-paced learning style from June 5 to June 9. 

Snap is now hoping to improve your shopping experience by offering augmented reality products in the physical world. Yes, Snap plans to put augmented-reality mirrors in stores, allowing shoppers in stores to instantly see how clothes look on them without physically trying them on. 

Well, tech giants are leaving no stone unturned in providing the best experience to the users. 

Horizon Worlds will now be available to teen users in the United States and Canada, after previously being restricted to those 18 and older. As part of the expansion, the company claims it would implement a set of age-appropriate safeguards and default safety settings.

All PUBG fans out there as Krafton is set to launch NFT Metaverse Game This Year. 

Yes, Battlegrounds hasn’t abandoned the metaverse. In fact, its proposed Web3 metaverse game platform, Migaloo, is still in the works and is set to launch later this year. Krafton and South Korean augmented reality startup Naver Z have formed a North American joint venture company and invested $36.8 million in Migaloo’s development. Krafton will hold an 85% share in the partnership, while Naver Z will own the remaining 15%. 

Well, metaverse can also be used in the sports industry to create interactive and immersive experiences for users. 

OKX, a leading Web3 technology company and the world’s second-largest cryptocurrency exchange by trading volume has launched Make Your Play, an immersive metaverse experience in which fans can attend a unique tactical football masterclass with Manchester City captain Ilkay Gündoğan.

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