Metaverse

Metaverse in Healthcare market share is set to reach 7.16 billion in 2030, according to an InsightAce Analytica report that claims virtual ecosystems will also make remote consultations with doctors more effective, especially for those undergoing at-home care. In addition, the technology will let medical students experience sensitive procedures thr...

Mai Labs recently launched Mayaaverse, a metaverse platform that aims to set itself apart from Meta’s Reality Labs initiative. Gadgets360 spoke with Ashish Minocha, the Chief Business Officer as well as Khoushik Ananth, the Chief Technology Officer of Mai Labs to discuss the potential of the Web3 sector and metaverse platforms.

Web3 firm Mai Labs launched its metaverse platform called ‘Mayaaverse’ in India on Wednesday, May 22. While demonstrating the Mayaaverse, the company gave a glimpse into the virtual retail stores, religious destinations, as well as virtual venues for live performances that this ecosystem aims to bring forward.

The UAE has launched the ‘Dubai Metaverse Strategy’ with the plan to onboard over a thousand Web3 firms onto its industrial ecosystem. This move, the UAE estimates, can see around 40,000 jobs in the next six years.

Casio has launched an NFT series with eight digital art pieces that have been created in partnership with Astar zkEVM. Banking on Japan’s gaming culture, Casio’s NFTs will be made available on Astar’s Yogi Origin game.

The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...

IIT Madras is taking efforts to list rules that could potentially oversee the metaverse sector. The committee will address the technical and ethical shortcomings to make the industrial uses of this digital technology safer and more advanced.

The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...

Indian metaverse research and advisory firm Metaverse911 has launched its Metaverse Experience Centre in Noida. Here visitors will be able to indulge in immersive technologies that include AR and VR that make for essential metaverse components.

Samsung has announced a partnership with metaverse game Wilder World. In Samsung’s next sale of exclusive Web3 TV bundles, fifteen select buyers will get Wilder World NFTs as rewards. Through this, the metaverse game expects to add new players from Samsung’s vast user base.

Meta managed to reel-in $134.9 billion in the year of 2023. On a yearly basis, Meta’s revenue spiked by 16 percent. It is, however, interesting that Meta’s Reality Labs unit has only seen losses since 2021.

Chaina aims to equip cross-border transactions related to its Belt and Road Initiative (BRI) with blockchain capabilities. To do so, the Chinese government has launched the ‘Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative’ in a fresh development.

Venture firms Immutable and King River Capital along with blockchain firm, the Polygon Labs have set up a $100 million (roughly Rs. 83 crores) fund called the Inevitable Games Fund (IGF).

An estimated 92 percent of manufacturing firms in the US are exploring ways to add a metaverse twist to their existing business operations, the WEF has said in its recent report. The industrial metaverse is projected to be a $100 billion (roughly Rs. 8,29,018 crore) market globally by 2030, the report predicts.

Dilip Chenoy, the chief of the Bharat Web3 Association (BWA) has predicted better, in fact glowing days for India’s retail industry with metaverse technology now seeping-into the nation’s tech sector.

Metaverse in Healthcare market share is set to reach 7.16 billion in 2030, according to an InsightAce Analytica report that claims virtual ecosystems will also make remote consultations with doctors more effective, especially for those undergoing at-home care. In addition, the technology will let medical students experience sensitive procedures thr...

Mai Labs recently launched Mayaaverse, a metaverse platform that aims to set itself apart from Meta’s Reality Labs initiative. Gadgets360 spoke with Ashish Minocha, the Chief Business Officer as well as Khoushik Ananth, the Chief Technology Officer of Mai Labs to discuss the potential of the Web3 sector and metaverse platforms.

Web3 firm Mai Labs launched its metaverse platform called ‘Mayaaverse’ in India on Wednesday, May 22. While demonstrating the Mayaaverse, the company gave a glimpse into the virtual retail stores, religious destinations, as well as virtual venues for live performances that this ecosystem aims to bring forward.

The UAE has launched the ‘Dubai Metaverse Strategy’ with the plan to onboard over a thousand Web3 firms onto its industrial ecosystem. This move, the UAE estimates, can see around 40,000 jobs in the next six years.

Casio has launched an NFT series with eight digital art pieces that have been created in partnership with Astar zkEVM. Banking on Japan’s gaming culture, Casio’s NFTs will be made available on Astar’s Yogi Origin game.

The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...

IIT Madras is taking efforts to list rules that could potentially oversee the metaverse sector. The committee will address the technical and ethical shortcomings to make the industrial uses of this digital technology safer and more advanced.

The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...

Indian metaverse research and advisory firm Metaverse911 has launched its Metaverse Experience Centre in Noida. Here visitors will be able to indulge in immersive technologies that include AR and VR that make for essential metaverse components.

Samsung has announced a partnership with metaverse game Wilder World. In Samsung’s next sale of exclusive Web3 TV bundles, fifteen select buyers will get Wilder World NFTs as rewards. Through this, the metaverse game expects to add new players from Samsung’s vast user base.

Meta managed to reel-in $134.9 billion in the year of 2023. On a yearly basis, Meta’s revenue spiked by 16 percent. It is, however, interesting that Meta’s Reality Labs unit has only seen losses since 2021.

Chaina aims to equip cross-border transactions related to its Belt and Road Initiative (BRI) with blockchain capabilities. To do so, the Chinese government has launched the ‘Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative’ in a fresh development.

Venture firms Immutable and King River Capital along with blockchain firm, the Polygon Labs have set up a $100 million (roughly Rs. 83 crores) fund called the Inevitable Games Fund (IGF).

An estimated 92 percent of manufacturing firms in the US are exploring ways to add a metaverse twist to their existing business operations, the WEF has said in its recent report. The industrial metaverse is projected to be a $100 billion (roughly Rs. 8,29,018 crore) market globally by 2030, the report predicts.

Dilip Chenoy, the chief of the Bharat Web3 Association (BWA) has predicted better, in fact glowing days for India’s retail industry with metaverse technology now seeping-into the nation’s tech sector.