Tag: VR

Investors should ignore the hype and focus on the finer details of the possibilities, suggests Chainalysis’ Bas Lemmens on Gulf News. With the crypto and blockchain markets having matured significantly, attention is being placed on the rapidly evolving non-fungible token (NFT) and Metaverse. NFTs are becoming a major part of Web3, and the Metaverse is…

In the UAE, the first hospital in the metaverse under the management of Thumbay Group will go live this October. It will be a fully functional virtual hospital where patients around the world can use avatars to interact with doctors. Healthcare provider Thumbay Group announced it has already started work on the project. It will…

Art Dubai announced on Sunday the list of participating galleries at its 2022 edition, which will be its most extensive to date. The fair will occur at Madinat Jumeirah, Dubai, from 11-13 March 2022, with previews on 9 and 10 March. The upcoming event marks the debut of Art Dubai Digital, an innovative new digital…

ColossalBit, Dubai’s crypto consulting, advisory, design, and development company, launches MetaTerrace, a lounge restaurant in the Central Park Towers, Dubai International Financial Centre (DIFC). MetaTerrace is a unique establishment, which is mixing the digital and physical worlds, portraying the principle of the metaverse. Gulf Digital News announced that the launch of the ultra-modern space at…

Interest in Metaverse and associated features, like virtual lands and real estate, is in hot demand, available data from DappRadar shows. Over $100 million was spent on purchasing these virtual properties last week, including the Sandbox grossing over $80 million and Decentraland above $15 million. According to DappRadar, Metaverse-related projects like The Sandbox, Decentraland, CryptoVoxels,…

Nvidia CEO Jensen Huang said he “believes we’re right on the cusp of” the Metaverse and spoke glowingly of its potential, predicting that users will one day use metaverses to “simulate the future,” while Nvidia’s new Voyager campus shows what it will look like when the Metaverse meets the real world. One of the most…