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Showing posts with the label metaverse

SAND jumps 7% as Gucci launches Cosmos Land experience

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Like the real-life exhibition, Gucci’s new initiative with The Sandbox lets visitors explore the brand’s history. While the hype surrounding the metaverse seems to perish, the famous Italian luxury fashion brand Gucci is doubling down on its virtual reality strategy with a new initiative in collaboration with The Sandbox (SAND), a blockchain-based gaming platform. In a blog announcement on Nov. 8, 2023, The Sandbox said the new Gucci Cosmos Land immersive hub will allow its visitors to explore “decades of iconic designs, offering a captivating exploration of their origins.” “Set within a reimagined London exclusively for Gucci, this adventure is a tribute to the brand’s beginnings and an homage to its enduring creativity.” The Sandbox By exploring each section of the exhibition, visitors can learn a unique aspect of the Gucci story, from its principles since its founding in 1921 to its inspirations and creativity, The Sandbox said. Gucci’s...

Metaverse poses ‘unprecedented’ privacy threats, report says

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NYU Stern’s Center for Business and Human Rights stresses the need for a comprehensive privacy law, warning of significant privacy threats in the burgeoning metaverse. Despite all of its benefits, the next iteration of the internet poses “unprecedented” risks of the “potential erosion of privacy” and the proliferation of abuse in virtual environments. According to a report from NYU’s Stern Center for Business and Human Rights (CBHR), experiences in virtual reality (VR) may result in profound and lasting psychological harm. The scheme of how VR devices collect data from a user | Source: NYU Stern The report says the main issue is not how emerging devices like VR headsets work but how they use the collected data from users. For instance, scientists at the University of California at Berkeley and Unanimous AI have recently found that even the most basic VR headset with a motion tracker can collect lots of data from a user, including their identity,...

5 tips for landing a tech job

Check out these five tips for landing a tech job, including building your skills, networking, customizing your resume and more. In today's tech industry, there is a high demand for professionals with expertise in fields such as artificial intelligence, data science, cybersecurity, and cloud computing. Companies are seeking individuals with a combination of technical and soft skills, including strong communication, problem-solving, and collaboration abilities. Here are five tips to land a tech job. Build a strong online presence In the tech industry, having a strong online presence is crucial. This includes having a well-crafted LinkedIn profile, a personal website or blog, and active engagement on relevant online communities and forums. Many companies now use online platforms like LinkedIn to search for potential job candidates. By having a strong online presence, you increase your chances of being discovered by potential employers who are actively searching for candidates with y...

Touch, smell become the next big thing for the metaverse at CES 2023

A firm called OVR Technology showcased a virtual reality headset that contained eight aromas that can be combined to generate various scents. The sense of smell has been added to the Virtual Reality (VR) experience as showcased by metaverse -focused companies at the Consumer Electronics Show (CES) 2023. A recent report from consulting firm McKinsey & Company predicted that the metaverse could potentially generate $5 trillion in value by 2030. However, the report noted that metaverse success would need a more developed human aspect that delivers positive experiences to its users. One of these catalysts may be the integration of the sense of smell and touch into VR experiences which were showcased at the recent CES. As reported by Fortune, one of the firms called OVR Technology showed a headset with a container for eight aromas that can be mixed together, creating various scents. The VR headset is reportedly scheduled to be released later in 2023. An earlier version that was us...

5 key takeaways from Huobi 2022 crypto industry report

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In Huobi’s most recent industry report, dissects the most discussed crypto-related terms, countries with high levels of activity in the industry, regulations and more. Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation - and the data shows. In the latest industry report from cryptocurrency exchange Huobi, "Global Crypto Industry Overview and Trends", trends and stats were pulled from the industry on everything from nonfungible tokens (NFTs) and the metaverse, to centralized exchange (CEX) usage and regulations. Despite the turmoil of major events like the FTX collapse, LUNA’s implosion, and 3AC bankruptcy, the industry still accounted for approximately 320 million crypto users worldwide in the last year. While the total amount of investment and financing in the “primary market” surpassed $27.7 billion, the total amount of market capitalization of crypto assets shrank by over $2.2 trillion. 1. NFT becomes the most...