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Advertising giant Publicis Groupe SA made an unusual executive hire in mid-2022 - a lion-headed digital avatar named Leon who would serve as "chief metaverse officer," guiding clients through the virtual realm that had seized real-world attention.

Police in the UK are investigating the first case of an alleged rape in a virtual reality game after a 16-year-old girl was "sexually attacked" in the online "metaverse".

On September 28, Mark Zuckerberg appeared for a podcast interview with YouTuber and AI researcher Lex Fridman, but the venue of this interaction was the metaverse. In photorealistic Meta avatars, the two engaged in conversation about how Zuckerberg envisioned the future of virtual reality and the metaverse.

The EU wants to be brisk in shaping up global standards for open and interoperable virtual worlds, mostly to make sure that big tech does not dominate this up-and-coming sector. The EU will now begin deliberating thoroughly and finalise their stance on questions like if digital avatars should be given their own legal status.

State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. It is a virtual branch of the bank, which will deliver a unique experience of banking to existing and new customers, who can now explore the bank’s products and services.

In addition, the bank will offer an immersive 3D experience to customers while they perform traditional banking activities through their digital avatars.

The Drone Racing League (DRL) is set to launch a hyperreal metaverse game Project Drone Galaxy, and an official trailer of the game was released on Tuesday, showing avatars of the players and race drones in the immersive virtual ecosystem.

The current web ecosystem is still not ready to support the metaverse technology. For metaverse to work out as a fully functional virtual universe, it needs to be supported by high-speed Internet and as per Purohit, only 25 percent of the global population will have access to 5G by 2025.

WhatsApp will reportedly allow its users to customise and use their digital avatars on the app. The feature is rolling out to some beta testers of the app, as per a report by WABetaInfo. These 3D avatars have already been made available on other Meta apps including Messenger and Instagram.

Snoop Dogg and Billy Ray Cyrus are all geared up to launch their NFT collection. The name of this collection is “A Hard Working Man”. The NFTs from this series will show animated avatars of Snoop Dogg and Cyrus as construction workers, electricians, farmers, and mechanics among others.

Meta hosted a developer conference on its virtual reality Horizon Worlds app, which it said will soon be stuffed with corporate productivity offerings from Microsoft, Adobe, Accenture and Zoom.

Ford Motor Company has filed for 19 trademark applications, looking to venture into the NFT sector. The car-maker may soon launch virtual avatars of its famous brands, including Mustang, Bronco, Lincoln, Explorer, and F-150 Lightning, among others. Mike Kondoudis, an attorney lawyer with the USPTO, has shared screenshots of Ford’s filings on Twit...

Gordon Ramsay’s cookery show called ‘Hell’s Kitchen’ is set for a debut in The Sandbox metaverse. The Sandbox is a virtual gaming world where people build, own, and monetise their gaming experiences in the Ethereum blockchain. This development makes Hell’s Kitchen the first mega gastronomy-based show to step into the virtual universe.

Meta is partnering with digital fashion startup DressX to provide new avatar fashion looks on Meta's Avatar Store. DressX outfits will be available starting July 19, and users can purchase and wear them on avatars across Meta platforms.

The United Arab Emirates (UAE) is on track to see the launch of the world’s first medical metaverse. With the launch of this medical metaverse, the UAE is looking to boost medical tourism in the country. The authorities governing UAE’s healthcare sector has hired a company to train select doctors on how to treat patients in the virtual world.

Advertising giant Publicis Groupe SA made an unusual executive hire in mid-2022 - a lion-headed digital avatar named Leon who would serve as "chief metaverse officer," guiding clients through the virtual realm that had seized real-world attention.

Police in the UK are investigating the first case of an alleged rape in a virtual reality game after a 16-year-old girl was "sexually attacked" in the online "metaverse".

On September 28, Mark Zuckerberg appeared for a podcast interview with YouTuber and AI researcher Lex Fridman, but the venue of this interaction was the metaverse. In photorealistic Meta avatars, the two engaged in conversation about how Zuckerberg envisioned the future of virtual reality and the metaverse.

The EU wants to be brisk in shaping up global standards for open and interoperable virtual worlds, mostly to make sure that big tech does not dominate this up-and-coming sector. The EU will now begin deliberating thoroughly and finalise their stance on questions like if digital avatars should be given their own legal status.

State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. It is a virtual branch of the bank, which will deliver a unique experience of banking to existing and new customers, who can now explore the bank’s products and services.

In addition, the bank will offer an immersive 3D experience to customers while they perform traditional banking activities through their digital avatars.

The Drone Racing League (DRL) is set to launch a hyperreal metaverse game Project Drone Galaxy, and an official trailer of the game was released on Tuesday, showing avatars of the players and race drones in the immersive virtual ecosystem.

The current web ecosystem is still not ready to support the metaverse technology. For metaverse to work out as a fully functional virtual universe, it needs to be supported by high-speed Internet and as per Purohit, only 25 percent of the global population will have access to 5G by 2025.

WhatsApp will reportedly allow its users to customise and use their digital avatars on the app. The feature is rolling out to some beta testers of the app, as per a report by WABetaInfo. These 3D avatars have already been made available on other Meta apps including Messenger and Instagram.

Snoop Dogg and Billy Ray Cyrus are all geared up to launch their NFT collection. The name of this collection is “A Hard Working Man”. The NFTs from this series will show animated avatars of Snoop Dogg and Cyrus as construction workers, electricians, farmers, and mechanics among others.

Meta hosted a developer conference on its virtual reality Horizon Worlds app, which it said will soon be stuffed with corporate productivity offerings from Microsoft, Adobe, Accenture and Zoom.

Ford Motor Company has filed for 19 trademark applications, looking to venture into the NFT sector. The car-maker may soon launch virtual avatars of its famous brands, including Mustang, Bronco, Lincoln, Explorer, and F-150 Lightning, among others. Mike Kondoudis, an attorney lawyer with the USPTO, has shared screenshots of Ford’s filings on Twit...

Gordon Ramsay’s cookery show called ‘Hell’s Kitchen’ is set for a debut in The Sandbox metaverse. The Sandbox is a virtual gaming world where people build, own, and monetise their gaming experiences in the Ethereum blockchain. This development makes Hell’s Kitchen the first mega gastronomy-based show to step into the virtual universe.

Meta is partnering with digital fashion startup DressX to provide new avatar fashion looks on Meta's Avatar Store. DressX outfits will be available starting July 19, and users can purchase and wear them on avatars across Meta platforms.

The United Arab Emirates (UAE) is on track to see the launch of the world’s first medical metaverse. With the launch of this medical metaverse, the UAE is looking to boost medical tourism in the country. The authorities governing UAE’s healthcare sector has hired a company to train select doctors on how to treat patients in the virtual world.