The Guinness World Record-winning [teamLabBorderless Tokyo](https://www.teamlab.art/e/borderless-azabudai/) facility is set to reopen in January 2024 in Azabudai Hills, Central Tokyo, over 16 months after the Odaiba facility was shut. 

While teamLab has not announced a concrete reopening date, this is exciting news for all art enthusiasts. 

teamLabBorderless Tokyo is a world-renowned art museum that won the 2021 Guinness World Record for being the "Most Visited Museum" devoted to a single artist or group - millions flock to the museum annually. The art exhibition was also included in the TIME list of "[World’s 100 Greatest Places](https://time.com/collection/worlds-greatest-places-2019/)" in 2019. High accolades, indeed! 

The new facility promises to be an exciting recreation of the Odaiba facility, featuring a few familiar installations and a series of interactive works of art that both locals and tourists have never seen before in Japan. 

![Team Lab digital art exhibition](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_10_12_at_15_21_29_f6cc5715c6.png)

## What is teamLab? 

Founded in 2001, teamLab is an international art collective featuring the artistic confluence of artists, architects, mathematicians, CG animators, engineers, and programmers. The installations featured in teamLab's facilities navigate the merger of art, the natural world, science, and technology. 

teamLab's group of interdisciplinary specialists transcend the boundaries of the perception of reality by exploring the relationship between the self and the world as we see it. According to them, "Everything exists in a long, fragile yet miraculous, borderless continuity." 

[teamLab exhibitions](https://www.teamlab.art/) have been held worldwide, in cities such as Melbourne, Beijing, Singapore, Paris, London, and New York. Large-scale [permanent exhibitions](/news/article/nft-art-marketplaces) and museums include teamLabBorderless and teamLab Planets in Tokyo, teamLab SuperNature Macao, and teamLabBorderless Shanghai. 

As we have mentioned before, the teamLabBorderless facility in Tokyo is reopening early next year in Azabudai Hills. teamLab will open more [exhibitions/museums in other cities](/news/article/10-upcoming-nft-projects) such as Utrecht, Jeddah, Beijing, and Abu Dhabi soon. 

teamLab's artistic creations are in the permanent collection of Amos Rex, Helsinki, Art Gallery of South Australia, National Gallery of Victoria, Melbourne, Borusan Contemporary Art Collection, Istanbul, Art Gallery of New South Wales, Sydney, Asia Society Museum, New York, Asian Art Museum, San Francisco, Adelaide, and Museum of Contemporary Art, Los Angeles. 

teamLab is represented by Ikkan Art, Martin Browne Contemporary, and Pace Gallery. Here is all you need to know [about teamLab](https://docs.google.com/document/d/1Qd56p--mrG413Fhn9B86beEqCpxBDsvVxSR8fi71lfQ/edit). 

## teamLabBorderless Tokyo reopening: what to expect? 

If you visit the teamLabBorderless Tokyo website, you will see some of the notable installations set to be on display in the new Azabudai Hills facility. Among these installations are “Sea of Clouds”, “Birth”, and “Proliferating Immense Life”, all from the “Light Sculpture” series. 

The teamLabBorderless Azabudai Hills digital art museum is being developed by Mori Building Co., Ltd, an innovative Tokyo-based urban developer. 

Address: 
Azabudai Hills Garden Plaza B B1F 
1-2-4 Azabudai, Minato-ku, Tokyo 

We recommend following them on [Instagram](https://www.instagram.com/teamlab/) and [Twitter](https://twitter.com/teamLab_net) for the latest updates. Also, keep an eye on the website's news section, featuring updates from the latest popular art blogs. 

While the wait for the reopening event is on, you can visit the teamLab Planets museum in Toyosu. 

## teamLab Planets Toyosu 

The art exhibition is home to two gardens and four large-scale artwork spaces, offering an immersive and sensorial experience. You will “become one with the flowers”. 

It is worth noting that teamLab Toyosu was scheduled to close at the end of 2022. teamLab then announced that the facility would remain open until the end of 2023. If you take a look at [the teamLab Planets official website](https://www.teamlab.art/e/planets/), the facility will now remain open till the end of 2027. 

Perhaps the delay in opening the new Azabudai Hills teamLabBorderless facility factored into this decision. Regardless, the Toyosu museum is fascinating in its own right. Just take a look at the below picture - mesmerising! 

![Toyosu museum team lab exhibition of digital art](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_10_12_at_15_21_57_a3d2c86926.png)

The facility also features a vegan ramen restaurant for food lovers! Additionally, if you believe in mindful eating, the museum is home to an Artwork Dining Space, an Artwork Dining Table, and an Artwork Dining Bench, all places to enjoy a meal. Now, that is an ethereal experience! 

![Team Lab exhibition](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_10_12_at_15_22_06_22468d797f.png)

Each teamLab facility/exhibition is otherworldly, so visit one near you at the earliest - it is all about the experience. 



teamLabBorderless Tokyo reopening in January 2024 

The gaming industry is on the rise, with tech trends including AI, VR/AR, cloud gaming, eSports, NFTs, the Metaverse, and blockchain games dominating the sector's innovation. In 2022 alone, the industry produced [revenue exceeding $345B](https://www.statista.com/topics/868/video-games/#topicOverview), with the mobile market segment producing the highest revenue of $248B. 

A whopping [three billion people play video games](https://truelist.co/blog/gaming-statistics/), and this number is only expected to rise with time. Technology (mobile phones in particular) is becoming even more accessible to people, and with this accessibility comes the ease of playing your favourite video games. 

The blockchain industry is no exception to the gaming boom. Blockchain technology is still nascent and is bound to gain more recognition and acceptance with time. More players are expected to get immersed in [blockchain gaming](/news/article/crypto-game-review-2023) and earn while they play. 

Yes, you heard that right. The Play to Earn (P2E) model popularised by blockchain games rewards players with cryptocurrencies and NFTs. These can then be sold on digital marketplaces for other cryptocurrencies or fiat. 

Of course, you can enjoy Free to Play (F2P) blockchain gaming as well if you are only interested in the gaming side of things. Crypto gaming incentivises gamers for their gaming enthusiasm and obvious skill set - the industry is bound to flourish during the next bull run. 

## What is blockchain gaming? 

In a nutshell, a blockchain game is a video game that integrates mechanisms to earn digital assets. As the name suggests, blockchain gaming incorporates elements of blockchain technology for this purpose. 

These elements include cryptocurrencies and NFTs, allowing gamers to earn, purchase, sell, or trade in-game items with other gamers. 

Crypto gamers can earn cryptocurrencies or NFTs upon unlocking an achievement. These digital assets become the property of the gamer and can be stored in a wallet, sold on a marketplace, or traded for other in-game items. 

There are [more than 2,000](https://playtoearn.net/blockchaingames) registered blockchain games at the time of writing. While many of these games are live, others fall into the Alpha, Beta, Development, Pre-sale, and Cancelled categories. 

## How does blockchain gaming work? 

[F2P and P2E](/news/article/what-is-gamefi) are the most popular blockchain gaming models. F2P games allow you to earn cryptocurrencies and NFTs but have no barrier to entry - you can play a game for free without the obligation to buy a particular crypto token or NFT. The Sandbox is one of the most popular metaverse-based F2P games. 

To play a P2E game, you must purchase either a cryptocurrency or NFT. Currently, Axie Infinity is the most popular P2E game. To play the game, you must buy an NFT called an Axie. 

It should be noted that both F2P and P2E gaming allow you the means to buy and earn gaming assets. 

You can think of crypto gaming as an investment option as well. As there are currently more than 2,000 registered crypto games, it is quite natural for an early-stage investor to buy a large number of tokens, hoping to reap substantial returns if the game is received in a positive light by the gaming community. 

That said, several games fall into categories such as Development, Alpha, Beta, and Pre-sale - do not rush your investment, lest the game is cancelled before release. 

Talking of revenue for gaming developers, crypto games earn money through the sale of in-game items such as skins, weapons, and virtual land, as well as advertising. 

Another gaming model worth exploring is crypto gambling. Yes, cryptocurrency gambling, too, falls under this umbrella. By gambling on casino games and other games of chance, crypto investors can earn cryptocurrencies. Some of the most popular cryptocurrency gambling platforms are 7bitcasino, BitStarz, and mBitcasino. 

## Top blockchain games 2023 

The [blockchain gaming industry](https://coinmarketcap.com/view/gaming/) is worth more than $7.337B at the time of writing. The top five blockchain gaming projects by market cap are: 

- Axie Infinity (AXS). 
- The Sandbox (SAND). 
- Immutable (IMX). 
- Render (RNDR). 
- Decentraland (MANA). 

AXS, IMX, SAND, RNDR, and MANA command market caps that fall into the top 62 cryptocurrencies. With a total trading volume of more than $881M, blockchain gaming is here to stay. ApeCoin (APE), Gala (GALA), Enjin Coin (ENJ), STEPN (GMT), and FLOKI (FLOKI) complete the top ten blockchain games list. 

Here are the top blockchain games, in my humble opinion: 

## Decentraland (MANA) 

Decentraland (MANA) is a F2P Metaverse built on Ethereum ([ETH](/news/article/metaverse-gamefi-trend)). On Decentraland, you can buy and sell virtual real estate. MANA is currently priced at $0.2969 and readily available on major DEXs, such as Binance. 

## The Sandbox (SAND) 

Never buy the first piece of real estate you come across – assess your options! The Sandbox is a F2P, Decentraland competitor built on Ethereum. On The Sandbox, you can purchase and sell virtual real estate called LAND. SAND is currently worth $0.3011. 

## Axie Infinity (AXS) 

Axie Infinity is a P2E blockchain game and the most popular one currently. You must purchase a virtual pet called an Axie to participate in the game. The AXS token powers the Axie Infinity ecosystem and is worth more than $4.50 at the time of writing. 

What are the top blockchain games to play?

Before ReadyPlayerMe, Snapchat was one of the first, if not the first social media platform of acclaim to allow users to create personalised avatars. Snapchat enables you to shape your avatar to resemble yourself as realistically as possible, albeit in a ‘fictional’ form. 

Since then, Meta has jumped on the avatar bandwagon (although not as successfully). Of course, the NFT industry thrives on avatar characterisation, especially PFP (profile picture) projects. 

Personalisation always appeals to the masses, and ReadyPlayerMe has made creating personalised avatars for businesses easy. With the help of ReadyPlayerMe developer tools, thousands of businesses have already integrated personalised, [high-quality avatar creation](/news/article/metaverse-fashion-week) for users into their business model. 

These easy-to-integrate character-creator tools are ideal for games, applications, and decentralised applications (DApps), looking to increase customer engagement and retention. 

## Creating an avatar 

To understand how the platform works, you can create your avatar. Simply [visit the website](https://readyplayer.me/) and click on the Create Your Avatar option.

![Choose your body type ready player me character selector](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_39_16_eb7cfe0204.png)

 As soon as you click on this option, you will be redirected to this screen. The avatar creation process begins. You choose your body type and click a picture of yourself/upload a file from your device. Alternatively, you can continue without a photo. 

I continued without a photo to see the results on offer! 

![Pick avatar on ready player me website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_39_24_0bc3baf8fd.png)

Interesting… 

Pick an avatar that suits your fancy and modify it. 

![Modify avatar ready player me website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_39_34_cdc3af71c2.png)

It is safe to say the options are endless! Select your skin tone, facial features, hair type, beard type, clothes, and other accessories. Once you are ready, enter the hub! 

![Avatar screen ready player me](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_39_44_9cc036a8e9.png)

At this stage, you can claim your avatar by signing up at ReadyPlayerMe. While I did not put much effort into the avatar creation process, I am impressed with the results. 

The platform is a fascinating option for businesses that want to add a special layer of personalisation to their products. 

ReadyPlayerMe is particularly suited to [gaming products ](/news/article/what-is-gamefi)(apps and DApps, do not be discouraged). 

## ReadyPlayerMe for gaming 

If you are a gaming developer, ReadyPlayerMe provides you with readymade avatar customisation tools to make your dreams a reality. The platform's unified developer toolkit saves development time considerably and caters to all digital experiences, including mobile, web, native, and virtual reality (VR). 

Avatar skins, outfits, and accessories can be sold to your users (of course) and directly on the ReadyPlayerMe platform. You can partner with the platform to make available your digital wearables to millions of users across thousands of games. Existing partners include Vogue, Tommy Hilfiger, Adidas, and New Balance. 

To put it into perspective, ReadyPlayerMe is already working with more than 10,000 developers and has an addressable player base of over 30M. We urge you to [visit the blog](https://readyplayer.me/blog) and read a few case studies to understand better the product and how brands are leveraging its tools. 

Get started today! 

ReadyPlayerMe: Personalised avatars for you 

## Meta virtual reality: Blending worlds 

Those of you who have a keen interest in augmented reality (AR) and virtual reality (VR) must have heard of the Meta virtual reality product, Meta Horizon Worlds - a fascinating VR-powered social media app with 3D avatars, virtual worlds, gaming, comradery, workspaces, and much more! 

Horizon Worlds is a free-to-use app that connects people virtually. All you need is a [VR headset](https://www.meta.com/quest/quest-pro/) and you are good to go! Meta’s latest VR headset advancement, Meta Quest Pro, is available for as little as $999.99. Currently, the app is only available in a few countries, including the US, the UK, Canada, France, and Spain. 

The organisation has [spent well over a billion](/news/article/meta-share-price) dollars on this project, and its foray into mixed reality (MR) through Meta Reality - the blending of virtual and physical worlds - is nothing less than astonishing. 

## Mixed reality vs. virtual reality 

There is a stark difference between MR (Meta calls its mixed reality technologies Meta Reality) and VR. I was on holiday in August and visited this high-tech gaming parlour bang in the middle of the city (unnamed). 

I paid $5 for a 20-minute VR experience that included me feeling dizzy each time my virtual roller coaster zoomed down the railroad tracks from hundreds of feet above! Now, the man in charge of my VR experience simply displayed a video feed inside the headset. Mixed reality is much more than that. 

MR can open the door to numerous cool experiences, from real-time collaboration and productivity with colleagues to chilling with family and friends to yet-to-be-created gaming and interactive apps - the possibilities are endless! 

Virtual reality immerses you in a digital setting (such as the roller coaster experience I talked about), while mixed reality allows you to freely move around and interact with objects and people in that very digital setting. 

Let us take the same roller coaster experience - imagine being able to feel the wind blowing in your face, hear the screaming of other people on the same ride, and experience the firm hand grip of your terrified friend/family member/partner sitting beside you. Now, that is a mixed reality for you. 

According to Sarthak Ray, a Product Manager at the organisation: 

“Being able to see the physical world around you and blend it with virtual content opens up new possibilities for VR today—like co-located games you can play with friends in the same physical room or productivity experiences that combine huge virtual monitors with physical tools.” 

Mixed reality unlocks AR-like experiences in virtual reality. The organisation envisions MR as a stepping stone towards a longer-term vision for AR. 

## The Meta virtual reality headset: Meta Quest Pro 

The Meta virtual reality headset, Meta Quest Pro, is one of the advanced technologies that are a part of Meta Reality. Before we dive into its functionalities, let us explore the concept of a Meta Horizon profile. 

To visit a virtual world (or Meta Horizon workroom), you must first create a profile. It is as simple as it gets. For starters, enter your name, craft a username, and upload a profile picture. Now, the fun part - creating a 3D avatar. 

The product allows you to construct an avatar that best resembles your real-world appearance, and yes, it is much more advanced than Snapchat avatars (we will explore this soon!). You can modify your body type, facial features, hair, and attire. You can also sync your profile with other affiliated apps like [Facebook and Instagram. ](/news/article/meta-facebook-nft)

![Meta Quest Pro Characters](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_12_17_0456345125.png)

The latest Meta VR headset comes with face and eye-tracking features. This allows for people's 3D avatars to resemble their facial expressions more closely in real life. To blur the distinction between a virtual existence and reality, improving the quality of expression, communication, and connection in virtual worlds is vital. 

As you can see from the above picture, Meta is still far off from this vision. They are working hard to build a headset that is slimmer, faster, lighter, and, above all, much more powerful. They aim to make their headsets smart enough to render high-resolution graphics specifically in the small area a wearer is looking. 

To have a clear vision of what VR, MR, and AR may look like in years to come, look no further than the movie "Free Guy". In the film, 3D avatars resemble their users to human-like perfection - virtual and real existence is truly blurred. Now, that is something worth waiting for. 

## Joining a Meta virtual reality world and building a community 

Meta Horizon Worlds comprises a multitude of worlds, where you can play laser tag, shoot zombies, fly a broom like Harry Potter, or just chill! You can create your world as well and invite your followers/friends to visit it. Meta virtual reality is more than just fantasy. It is a new way of living. 

Imagine being able to attend a concert featuring your favourite artist from the comfort of your home. No, do not think of a mundane, boring experience. Imagine feeling the entire concert vibe along with thousands of others! Meta virtual reality will make such events possible, and now is the right time to join a virtual world community. 

Gaming is not just for kids—this is a gross misconception. Meta is working hard to push the boundaries of virtual existence, and we at Moni Talks eagerly await their [2023 progress report](https://about.fb.com/news/2022/12/metas-progress-in-augmented-and-virtual-reality/)! 




Meta virtual reality: Blending worlds 

In the rapidly evolving landscape of the Metaverse, a realm teeming with boundless opportunities and uncharted potential, companies across industries are fervently vying for a foothold in this digital frontier. Among these trailblazers, Adidas has emerged as a notable protagonist, deftly orchestrating a consumer-centric, product-based strategy that ingeniously navigates the contours of the Metaverse to foster a virtual connection with its global audience. 

As the Metaverse phenomenon continues to gather momentum, [Adidas](https://www.adidas.com/metaverse) is poised to capitalise on this burgeoning landscape, and at the epicentre of its digital endeavour lies the introduction of groundbreaking NFTs, widely known as "Adidas Metaverse". 

## The Adidas Metaverse journey 

This transformative journey for Adidas commenced in February 2021, a watershed moment that heralded the brand's initial entry into the Metaverse. Since its first steps, Adidas has charted an impressive trajectory, marked by progressive milestones and innovative ventures illuminating the brand's commitment to digital exploration. 

A pivotal chapter unfolded with the much-anticipated release of the first-ever Adidas NFT collection, a collaboration that seamlessly united the creative forces of esteemed entities, including the illustrious Bored Ape Yacht Club, the visionary Gmoney, and the ingenious PUNKS comic team. 

The culmination of this collaboration yielded an NFT drop of monumental proportions, titled "Into the Metaverse". This visionary collection debuted on December 17, 2021, attracting attention from enthusiasts and collectors. Owners of these coveted NFTs gained coveted access to an array of Adidas Originals events, exclusive merchandise releases, and an immersive tapestry of experiences meticulously curated to satiate the appetite of Metaverse aficionados. 

## Digital keys 

Yet, the allure of the Adidas Metaverse extends far beyond the realm of mere exclusivity. It pivots on the conceptualisation of NFTs as digital keys, each unlocking a gateway to a multidimensional realm rife with novel encounters and bespoke advantages. At the heart of this digital domain lies an intricate tapestry of collaborative products, seamlessly fusing cutting-edge technology with artistic ingenuity. 

Virtual wearables tailored to grace avatars within the virtual expanse are among the array of enticements offered, each meticulously crafted to resonate with the tastes of Metaverse denizens. 

The tangible manifestations range from the comfort of stylish sweatshirts and trendy tracksuits to the emblematic orange beanie synonymous with Gmoney's signature aesthetic. These artifacts bear the indelible insignias of the three innovative partners, underscoring the synergy that underpins this landmark collaboration. 

## NFT success 

The resounding success of the Adidas Metaverse collaboration reverberated across the digital landscape, culminating in a staggering financial triumph that saw Adidas amass $22 million in revenue. A testament to the brand's unwavering dedication to the Metaverse narrative, Adidas further fortified its digital stake by acquiring a prized Bored Ape NFT, christened Indigo Hertz, which subsequently assumed a central role in the brand's high-profile promotional campaigns surrounding the FIFA World Cup. 

This strategic move served as a poignant reminder of Adidas' astute comprehension of the pivotal role NFTs occupy within the Metaverse. 

## Adidas Metaverse story continues 

The Adidas Metaverse journey continues. The introduction of a curated collection of virtual wearables underscored the brand's resolute commitment to the digital avatar setting, each item meticulously designed to resonate within the evolving Metaverse. 

This collection, which took centre stage at [Decentraland's prestigious Metaverse Fashion Week](/news/article/metaverse-fashion-week), invited enthusiasts to partake in an immersive experience, complete with 3D digital twins that transcend the confines of the virtual realm, bridging the gap between imagination and reality. 

The Adidas Metaverse serves as a microcosm of a broader corporate landscape in the throes of digital transformation. The chronicles of the Adidas Metaverse expedition commenced with the unveiling of a maiden NFT collection, a collaboration that harmoniously melded the creative tapestries of [BAYC](https://boredapeyachtclub.com/#/), Gmoney, and Punks. 

This watershed moment offered just a glimpse into the Adidas Metaverse plan, a vision that extends beyond virtual wearables, encompassing strategic investments within the Sandbox Metaverse, and myriad avenues that collectively manifest a robust blueprint for long-term Metaverse ascendancy. 

At the helm of the Adidas Metaverse voyage was a dedicated team diligently entrusted with sculpting pioneering Metaverse narratives. Erika Wykes-Sneyd, Adidas Originals' Vice President of Global Marketing and Communications, steered the brand toward uncharted digital horizons. 

Amid the Metaverse evolution, Adidas has staked its claim within the[ Sandbox Metaverse](/news/article/how-to-buy-land-in-metaverse-worlds), christening its virtual enclave "adiVerse". The landscapes of this digital domain conjure tantalising visions of interactive showcases, immersive games, and a veritable pantheon of exclusive Adidas digital creations poised to transcend the boundaries of imagination. 

## More than a concept 

The Adidas Metaverse odyssey extends beyond the realms of mere concept, materialising in the form of virtual wearables. It fuses cutting-edge technology and sartorial elegance, seamlessly traversing the realm of physicality into the digital avatar cosmos. The inclusion of this innovative collection within Decentraland's Metaverse Fashion Week augmented the brand's position in the convergence of fashion and technology. 

As the Metaverse continues its expansion, a panorama of possibilities unfurls, beckoning corporations and visionaries to forge partnerships in the digital realm. The Adidas Metaverse narrative serves as an emblematic testament to innovation, adaptation, and evolution that underpins the ethos of global enterprises as they embrace the Metaverse. 

Adidas Metaverse Explained 

As the race to advance artificial intelligence technology intensifies, industry titans have sounded the alarm about the potential perils of unchecked development and access. In stark contrast to this cautionary chorus, Meta has taken an audacious step in its [AI strategy](https://ai.meta.com/about/). 

[Mark Zuckerberg](/news/tag/markzuckerberg), the Meta Chief Executive, made waves in July by unveiling an unorthodox plan: granting developers and software enthusiasts open access to the foundational code of its state-of-the-art AI technology, free of charge. 

This contrasts with the restraint called for by many other tech businesses. However, this unconventional path may carry the potential to reshape the competitive landscape by reining in rivals like Google and Microsoft. These industry behemoths have been swift in integrating generative artificial intelligence, the bedrock of innovations like OpenAI's renowned ChatGPT chatbot, into their offerings. 

## Meta AI February giveaway 

The company set a precedent in February by introducing the initial iteration of LLaMA (Large Language Model Meta AI). This preliminary release was primarily targeted at academic institutions, government researchers, and other inquisitive minds. 

The novel twist lay in the accessibility offered to download LLaMA, post-training on colossal troves of digital text. This was no mean feat, considering the substantial computational and financial investments required to process and refine such copious data sets. 

However, Meta's gambit did not escape controversy. After the limited dissemination of Meta AI technology among a select group of academics, a leak ensued, eventually exposing the technology to the public domain and sparking vigorous debate. 

## The latest Meta AI 

Unveiled in July, the latest Meta AI builds upon its predecessor, wielding a staggering 40% increase in data utilisation. Meta not only released its advanced AI iteration, but also provided a comprehensive roadmap showing developers how to harness and optimise the vast repository of accumulated data. 

Meta AI tech is "open source", facilitating unfettered access to the core code. Termed LLaMA 2, this technology encapsulates the essential building blocks required to construct online chatbots akin to the illustrious [ChatGPT](https://chat.openai.com/auth/login). What distinguishes this development is Meta's decision to release LLaMA 2 in a way that empowers developers to harness the potential of Meta AI for entrepreneurial ventures for free. 

As AI capabilities expand, so do concerns about misuse. There is a palpable apprehension among researchers that generative AI could serve as an accelerant for disinformation and spam. Despite this, Meta remains steadfast that promoting diversity and inclusivity in the experimentation process yields the most favourable outcomes. 

While this perspective has been widely upheld by AI researchers, a paradigm shift has been brewing over the past year. Industry giants like Google and [Microsoft](/news/article/microsoft-crypto-mining-ban-cloud-services) have restricted access to cutting-edge AI technology. Critics argue that such measures may also inadvertently stifle potential competition. In direct contrast, Meta argues that disseminating its ongoing work contributes to a broader collective good. 

## The Meta AI source 

The operational essence of these models revolves around the acquisition of skills through the ingestion of prodigious volumes of digital text, spanning domains from scholarly encyclopaedias to dynamic online discourse. By discerning intricate patterns within the textual tapestry, these models attain the ability to autonomously generate text across diverse domains, encompassing everything from scholarly papers to lyrical poetry. They can even hold coherent conversations, blurring the lines between human and AI interaction. 

Meta's journey into open-source AI is marked by collaboration, not isolation. In a notable partnership, Meta aligns with Microsoft to actualise the open-source potential of LLaMA 2. Microsoft's Azure cloud services provide the foundation, fostering a spirit of communal innovation. Furthermore, accessibility to LLaMA 2 is not confined to Microsoft's sphere alone; it extends to other providers like Amazon Web Services and the innovative HuggingFace. 

## Open-source AI 

Meta is not the sole torchbearer of the open-source AI movement. The Technology Innovation Institute, for instance, has unveiled Falcon LLM, a manifestation of the open-source ethos, by offering unrestricted access to its codebase this year. Mosaic ML, another protagonist in this landscape, contributes to the open-source ecosystem by provisioning software tailored for training large language models. 

While Meta's approach is founded upon a robust belief in the positive potential of open access, the company exercises prudence in its implementation. The release of LLaMA 2 underwent meticulous scrutiny through "Red Team" assessments, a practice aimed at unveiling potential misuse and instituting safeguards against such occurrences. 

A responsible-use guide outlining best practices and guidelines for developers navigating the AI realm accompanies the release. 

## Getting the balance right 

The company will also release a responsible-use guide containing best practices and guidelines for developers who wish to build programs using the code. 

But these tests and guidelines apply to only one of the models that Meta is releasing, which will be trained and fine-tuned in a way that contains guardrails and inhibits misuse. Developers can also use the code to create chatbots and programs without guardrails, a move that sceptics see as a risk. 

Meta's decision to provide unfettered access to its AI technology at no cost could reshape the AI landscape. This unorthodox move could drive innovation while raising concerns about the potential for misuse. As the trajectory unfolds, Meta navigates a nuanced balance between openness and responsible stewardship. 

Meta AI for free – a good idea? 

It may still be in its infancy, but the[ Metaverse](/news/article/metaverse-vr-project-guide) is emerging as the new frontier for any industry, including clothing, interested in connecting with its customers in new ways. A recent [McKinsey study](https://www.mckinsey.com/~/media/mckinsey/business%20functions/marketing%20and%20sales/our%20insights/value%20creation%20in%20the%20metaverse/Value-creation-in-the-metaverse.pdf) indicated that 59% of consumers were excited about exploring the transition of everyday activities to the Metaverse. 

Brands in the fashion industry have joined others in exploring technological boundaries to offer consumers a virtual shopping experience where they immerse themselves in never-seen-before shopping experiences.  

## The emerging virtual retail experience 

As the younger generations adopt Augmented Reality (AR) and its offer of utilities and use cases beyond work, play, and entertainment, fashion brands are responding with Metaverse clothing. The emerging Metaverse offers a platform for brands to connect with customers through personalized shopping experiences or hosted virtual events. 

High-end retailers are using the virtual world as a chance to display limited-edition fashion products users can't find in the physical world besides transporting viewers into the designers' world. 

## Target demographic for Metaverse clothing 

In integrating metaverse clothing, the fashion industry targets a generation that thrives on time spent online, using avatars in virtual worlds where they can express themselves fully. 

Studies have shown that members of Generation Z, aka Gen Z, spend an average of [eight hours online](https://99firms.com/blog/generation-z-statistics/#gref) daily, twice as much as socializing in real life. Personal expression, the ability to freely express thoughts and opinions, is essential to Gen Z, and fashion is one of the ways they express themselves. Since this desire carries over into digital life, fashion brands are establishing their presence in the Metaverse, where users can use a virtual product to self-express in a virtual world using a virtual persona.   

## Users' experience of Metaverse fashion 

Modern mid to high-end smartphones have an optical feature featuring high-definition optics integrating 3D scanning, allowing them to reproduce pictures as avatars digitally. 

While the feature is still under development and can't yet allow an overlap between real and virtual bodies, it can identify issues like tightness and show how a garnet fits when it's worn. 

3D virtual clothing technology enables users to overlap dresses they buy digitally over their pictures. You can buy a Ralph Lauren dress for $10 – a mind-blowing price compared to the actual real-world prices of Ralph Laurens. Moreover, Metaverse clothing can be grander than reality since people wear more than clothes in the Metaverse; they wear their imagination.  

Having realized the massive potential of the leverage between Metaverse and fashion, various industry giants have already made the intelligent move, where they're testing, exploring, and harnessing the potential impact of Metaverse fashion. Among the brands already leveraging the Metaverse opportunities are Burberry, Gucci, [Louis Vuitton](/news/article/louis-vuitton-nft-review), Balenciaga, Ralph Lauren, Dolce & Gabbana, and Zara. 

## How Metaverse clothing is transforming fashion 

Integrating Metaverse and fashion is revolutionizing how we experience fashion by introducing new ways brands showcase products, engage with customers and generate revenue. The following are three new ways Metaverse clothing is impacting the fashion industry:  

### 1.   Virtual fashion shows 

Brands now use virtual fashion shows to create 3D immersive experiences to engage with their customers. The Metaverse-based shows are more inclusive as they allow virtual customers from anywhere worldwide to experience the events in real time. The brands incur lower costs hosting high-end fashion events since they no longer have to hire out expensive venues, while attendees don't have to incur travel and accommodation expenses.  

### 2.   NFTs in fashion 

Non-fungible tokens (NFTs) are digital collectibles that have become a new revenue stream for leading fashion brands. By introducing NFTs in fashion, developers have introduced authentic and unique digital creations users can own, trade, and sell like physical collectibles. 

The creation of limited-edition NFTs tied to physical fashion items enables customers to relate with their favorite brands. Designers and brands are thus shifting the way admirers experience fashion. In some instances, they make millions of dollars selling some of these digital assets.  

### 3.   Virtual dressing rooms 

Virtual dressing rooms are the future of Metaverse clothing as they enable potential customers to fit new clothes in an immersive virtual environment, thereby introducing a 3D interactive shopping experience. 

Virtual dressing rooms promote metaverse e-commerce by reducing the risk of any returns since the potential buyer will see precisely how clothing fits before purchasing. Moreover, virtual dressing rooms are more sustainable than brick-and-mortar dressing rooms by reducing the waste associated with the fashion industry. The Metaverse enables users to test[ NFT](/news/article/are-nfts-dead-investigation) wearables using their avatars, engaging them via an immersive and gamified experience.   

## The future of fashion 

The merge between Metaverse and fashion is already having a massive impact on the fashion industry as Metaverse clothing skyrockets the fashion world into new levels of reality that eliminate the bands of physical limitations. Integrating augmented reality and artificial intelligence has produced endless potential for fashion brands that want to leverage the virtual world. 

The emerging technology facilitates 360-degree views of virtual avatar models walking on [3D virtual fashion runways](https://fashionunited.com/news/fashion/the-future-is-here-the-3d-virtual-fashion-show/2020060433845) to showcase their seasonal collections through online showrooms. The Metaverse clothing journey began, and there's a bright future ahead. However, the technology must become accessible to everyone, or it will remain a distant dream within the fashion industry. 

How Metaverse clothing is revolutionizing fashion 

In the rapidly evolving world of cryptocurrencies, non-fungible tokens ([NFTs](https://www.thebalancemoney.com/non-fungible-tokens-nfts-5184054)) have emerged as a groundbreaking innovation. One of the most popular platforms for trading NFTs is OpenSea, often misspelled as "OpenC" by some digital asset users. 

NFTs are unique digital assets that represent ownership of specific items or artworks on the blockchain. In this article, we take a look at the exciting realm of NFTs and explore the opportunities that the platform offers to creators, collectors, and enthusiasts. 

## What is OpenC? 

[OpenC, correctly referred to as OpenSea,](https://opensea.io/) is a peer-to-peer marketplace that facilitates the buying, selling, and trading of NFTs. The platform lets creators turn their [digital art](/news/article/best-crypto-wallets), music, videos, virtual real estate, and other collectibles into digital tokens. These tokens can then be traded in a decentralized and transparent manner. 

## How does OpenC work? 

It uses the[ Ethereum](/news/tag/ethereum) blockchain to store and track NFTs. This means it does not have control over your NFTs, and you are responsible for their security. 

Users must create an account and connect a [crypto wallet](/news/article/best-crypto-wallets). They can then create an NFT by uploading a file, like an image, video, or audio, and set a price for it. The NFT is stored on Ethereum with a unique identifier. 

After listing it for sale on the OpenSea, or OpenC, [marketplace](/news/article/nft-art-marketplaces), other users can browse and find NFTs they want to buy. Interested buyers can make offers or bids on the digital collectibles. If the seller accepts a bid, the buyer must pay the NFT's price and a fee. Once the payment is received, the NFT is transferred to the buyer's NFT wallet. 

OpenSea charges a fee of 2.5% on all transactions.     

It is important to understand the risks involved in buying and selling NFTs and to take steps to be protected from them. 

OpenC or OpenSea? Exploring the world of NFTs 

The raving AI boom of 2023 has capped the hype for Metaverse tech. Many critics even [wrote obituaries](https://www.businessinsider.com/metaverse-dead-obituary-facebook-mark-zuckerberg-tech-fad-ai-chatgpt-2023-5) for Mark Zuckerberg’s idea of a virtual world. Amid this, you might wonder whether Metaverse is dead, and if not, then who are leading the Metaverse companies? 

So to clear your doubts, here we have curated a list of seven leading Metaverse companies. The list has some big tech names that suggest the concept behind the virtual world isn't going anywhere anytime soon. So, let's get you started! 

## 7 Metaverse companies you must know about 

Here are the seven Metaverse companies you need to know about. 

### Meta Platforms Inc. 

[Meta Platforms Inc](https://investor.fb.com/home/default.aspx). became a global leader in the Metaverse industry when it rebranded itself in 2021. The name 'Meta' symbolises the company's focus on building a 3D virtual world. Meta's CEO, Mark Zukerberg's announcement of this shift spurred global hype for the idea of virtual worlds, and many businesses and tech giants started exploring it. 

Meanwhile, the company has invested more than [$36 billion](https://www.businessinsider.com/charts-meta-metaverse-spending-losses-reality-labs-vr-mark-zuckerberg-2022-10) into Metaverse-related projects. It focuses on developing advanced devices for augmented reality (AR) and virtual reality [(VR](/news/article/metaverse-vr-project-guide)). Also, Meta is creating a supporting environment for developers to experiment with new ideas.  

The most impactful development towards creating immersive experiences is its AR/VR products like Meta Quest 2 and Meta Quest Pro. Plus, it has also introduced the Meta Horizon Worlds for 3D games.  

### Alphabet Inc. 

Another leading name among Metaverse companies is [Alphabet Inc](https://abc.xyz/)., one of the largest tech businesses. It is Google's parent company, which began investing in AR/VR tech in 2014 with its Google Glass project. However, due to the lack of awareness about Metaverse back then, the project was not a success. 

Nevertheless, Alphabet Inc. again started to invest heavily in related tech after the concept of Metaverse gained traction in 2021. According to some sources, Google has infused around $39.5 million to acquire numerous related projects. For instance, it acquired North, a smart glasses company, and Raxium, a microLED startup. 

Alphabet has also started working on its Google Metaverse. Although it is unclear what this 3D world will be like, various projects in the pipeline hint at what it will feature. These projects include Project Iris, Starline, [ARCore](https://developers.google.com/ar), and the integration of AR in various of its offerings. 

### Roblox Corporation 

[Roblox](https://www.roblox.com/) is a leading online gaming platform where anyone can design their own games. The platform allows you to create your own virtual spaces and [Metaverse games](/news/article/metaverse-games). You can also monetise your games by allowing others to play them and buy in-game accessories. Due to these features, Roblox makes an ideal platform for immersive experiences. 

The gaming platform currently has more than 50 million daily active users. Besides, a community of around 9.5 million developers supports it, creating new experiences and shaping an immersive realm. That's why Roblox is a veteran among Metaverse companies. 

## Nvidia 

Nvidia is another tech giant that recently made headlines as it crossed the $1 trillion mark. The firm is renowned for designing the fastest chips that support artificial intelligence (AI) computing systems. However, Nvidia has a strong foothold in the Metaverse industry, too.  

In September 2022, the firm launched its unique infrastructure as a service called [NVIDIA Omniverse Cloud](https://www.nvidia.com/en-us/omniverse/). It is a cloud services suite for developers and creators that allows them to create 3D simulations. Many leading firms like PepsiCo, Siemens, Amazon, WPP, and others developed their own experiences using Omniverse.  

## Microsoft Corporation 

[Microsoft Corporation](https://www.microsoft.com/en-pk) is yet another big contender among Metaverse companies. The firm is strategically working on building both AR/VR devices and immersive environments. Meanwhile, it has also acquired the gaming firm Activision Blizzard via a $70 billion deal which may allow it to develop 3D gaming experiences.  

One of Microsoft’s breakthrough hardware is its [Hololens ](https://www.microsoft.com/en-us/hololens)series, which are Windows-based mixed-reality glasses. The company claims these glasses can enhance workers' productivity in many industries, including education, healthcare, manufacturing, and others. 

Microsoft Mesh is another project that is another step towards developing interactive 3D simulations. It is blended with Microsoft Teams and allows for more engaging collaborations. It shows that the Microsoft Metaverse will specifically focus on designing a virtual world that offers interactive workspaces.  

Microsoft Corporation also [partnered up](https://blogs.microsoft.com/blog/2022/10/11/microsoft-and-meta-partner-to-deliver-immersive-experiences-for-the-future-of-work-and-play/) with Meta Platforms in 2022. This partnership may lead to the introduction of [Mesh](https://www.microsoft.com/en-us/mesh) into Meta Quest devices. 

## Epic Games  

The American video game giant, [Epic Games](/news/article/epic-games-nft), is also looking to advance its Metaverse initiatives. The firm is renowned for its Fortnite game and Unreal Engine, which offers an infrastructure for game developers.  

Epic Games invested more than $31.5 million in its 3D virtual world in 2022. The firms like Kirkbi, Sony Group Corporations, and others helped Epic Games raise this fund. According to its CEO Tim Sweeney, the firm plans to use it to create interactive spaces for players and offer developers a platform where they can be creative.  

## Apple 

[Apple Inc](/news/article/apple-crypto-and-nft-rules). needs no introduction as it is the largest tech company in the world, with a net worth of around $3 trillion. In the last couple of years, the company started to explore Metaverse by throwing its weight behind VR headset tech.  

Interestingly, the company has even launched its VR goggles called Vision Pro at a time when the Metaverse hype has faded. Although Vision Pro has yet to be received well in the market, VR tech designed by Apple puts weightage behind this emerging tech.   

## Final thoughts 

Metaverse may not be as big a trend as in 2021, but it is gradually taking shape. Many Metaverse companies are investing heavily directly or indirectly in various related projects. These companies involve some of the big techs like Meta, Google, Apple, and Microsoft. 

Various [video gaming platforms](/news/article/what-is-gamefi) like Epic Games and Roblox are also interested in creating 3D spaces. All these facts mean we are moving towards a world with both physical and digital realities. 

person using a VR headset to use metaverse

7 Metaverse companies you should keep an eye on 

The fashion industry is among the earliest endorsers of [Metaverse tech](/news/article/what-is-the-metaverse), embracing its related technologies in various ways in recent years, including Metaverse Fashion Week. It allows fashion brands to interact with their customers in a more engaging manner. They can now introduce Web3 games, clothing NFTs, immersive shopping, and more to increase customer engagement. 

Metaverse also paved the way for [virtual fashion shows](/news/article/queens-of-the-metaverse). One such event was organised by Decentraland is the [Metaverse Fashion Week](https://mvfw.org/). Let's explore what it was all about and how brands participated. 

## What is Metaverse Fashion Week (MVFW)? 

One of the leading decentralised Metaverse platforms, [Decentraland](https://decentraland.org/), introduced a unique fashion event in 2022. It is an annual event that celebrates creativity in the fashion industry by showcasing digital wearables in virtual spaces. Famous designers and brands from the global fashion scene take part in it and exhibit their unique collections in their virtual stores.  

MVFW is a one-of-a-kind immersive show that connects multiple Metaverses so that a wider audience can enjoy it. The event extends over four days that includes various fun activities for fashionistas. Aside from the runway shows, the MVFW covers informative panel discussions, shopping in 3D virtual stores, immersive games, afterparties, and more.  

The inaugural MVFW took place from 24 to 27 March 2022. The show returned this year and was held from 28 to 31 March.  

## Metaverse Fashion Week 2023 (MVFW23) 

This year the MVFW event was primarily hosted by Decentraland. But since the organisers focused on interoperability, it also featured on two other Metaverses; Spatial and Over. The first one is a Metaverse platform specifically built for brands, where they can sell their products in a creative way. The second is an innovative decentralised Metaverse layer. It allows you to work with augmented reality to display objects in the physical world. 

The fashion week featured all the renowned brands like Coach, Tommy Hilfiger, Adidas, Dolce & Gabbana, Balenciaga, and others. The four days were packed with various runway shows, parties, and panel discussions. Aside from that, there were other fun events like theatres, guided tours, yoga sessions, fashion operas, exhibitions, and whatnot. According to Decentraland, there were more than 120 events in the week.  

The map of the event featured a new architecture named Neo Plaza, from where you could begin exploring different events in MVFW. It included virtual stores of all the brands that participated in the event. All the catwalk shows took place in the Luxury District. 

## Highlights from the MVFW23  

Here are some of the major highlights from Decentraland's virtual fashion show: 

- Metaverse interoperability was a first at the event, showing how multiple Metaverses can offer similar experiences simultaneously. However, it did not allow the users to go from one platform to another with the same avatar.  

- Around 26,000 users attended the MVFW23 event, as per Decentraland. The firm also claimed that around 50% of these users entered its Metaverse for the first time. 

- Neo Plaza was a new addition to this year's event, and users could enjoy a guided tour of the Plaza to explore the virtual spaces and experiences from different brands. 

- You can shop digital assets from the DCL Marketplace through your debit/credit card via Tansak.  

- More than 60 global brands participated in the MVFW23 and created numerous interactive experiences for their customers. 

- Decentraland also claimed that during the span of the event, around 72,000 sessions were logged in.  

- The virtual fashion week featured the first opera show in a 3D virtual world. 

## Decentraland users’ lack of interest in the MVFW23 

Even though the event was quite successful for the brands as they created innovative spaces, games, and experiences to engage with their customers. However, the number of users who joined the event was much lower compared to last year.  

A Metaverse analytical firm, GEEIQ, studied that the number of users dropped massively this year by 92%. According to the firm, only 9,000 unique users entered Decentraland's MVFW23. However, in 2022 a total of 108,000 users explored the events. One of the prominent reasons behind it is the declining hype for Metaverse.  

In March 2022, more people were intrigued by Meta’s idea of a digital world. But now the dynamics are different as Meta and other Metaverse companies have not had any significant breakthroughs. Besides, a new tech trend, AI, has stolen the limelight from Metaverse in 2023. Therefore, the masses are not as involved in 3D worlds as before. 

## Final thoughts 

Decentraland’s MVFW is an innovative annual festival for global fashionistas. It offers leading brands a platform to showcase their digital assets in an intriguing way. It also allows them to enhance customer experiences by offering immersive shopping stores and many fun activities.  

In 2023, Metaverse Fashion Week introduced unique features like interoperability, distinctive architectures, and special events. These features can be the stepping stones for the future of Metaverses and the fashion industry. 

Pink metaverse fashion week website and model

Exploring the Metaverse Fashion Week 2023 

The fashion industry has embraced the virtual world with remarkable success in the modern era. Before the Queens of the Metaverse event, renowned brands such as Gucci, [Louis Vuitton](/news/article/louis-vuitton-nft-review), Balenciaga, Dolce & Gabbana, and others had demonstrated how fashion can flourish in the digital realm. The convergence of technology and fashion is opening up new avenues for innovation and creativity. 

Meta (previously known as Facebook) organized a unique virtual drag show in London last year. This article aims to delve into the details of this event, exploring what it entailed and whether Mark Zuckerberg's vision of[ the Metaverse](/news/article/what-is-the-metaverse) lived up to its considerable hype. 

## Queens of the Metaverse - What is it? 

![screenshot from Queens Of The Metaverse competition](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_07_06_at_16_16_20_b7c1aa4a9f.png)

[Queens of the Metaverse](https://about.fb.com/news/2022/09/queens-of-the-metaverse-the-first-ever-mixed-reality-drag-show/) was the first drag show in the Metaverse using mixed reality. The virtual drag show was powered by Meta and held on 8 September, 2022, in London. It featured emerging digital fashion designers who used virtual reality (VR) and augmented reality (AR) to design garments. The show also aimed to promote queer creativity. 

The show aimed to showcase how VR and AR can help create immersive and interactive experiences. For this reason, the designers opted for tools such as digital avatars, virtual design technology, Horizon Workrooms, and others. They came up with three costume designs and then turned them into physical outfits.  

Three creative fashion designers were part of this virtual show. Nwora Emenike, Christie Lau, and Sal Mohammed were the designers, and they represented the LGBTQ+ community. Three drag artists wore their Metaverse-inspired outfits and walked on the ramp.  

## Drag queens on the virtual drag show 

The drag queens for Meta's show include three renowned names in fashion. They are:  

- Blu Hydrangea - They are the prizewinner of the "RuPaul's Drag Race: UK vs. The World" show and wore the costume designed by Nwora Emenike.  

- Tia Kofi - They are known for their pop music and appearance in season 2 of “RuPaul’s Drag Race: UK vs The World” show. 

- Adam All - A non-binary British drag king. They wore an outfit designed by Christie Lau. The outfit was a classic two-piece that depicted hyper-masculine features. 

Overall, the costumes of the drag queens on the show portrayed the themes of gender identity and expression. According to the designers, their experiences as members of queer community inspired these designs. Also, they noted that the [AR/VR tech ](/news/article/metaverse-vr-project-guide)and Metaverse provided them with a platform to experiment with their designs. 

## Meta’s Metaverse isn’t fully developed yet 

Although Meta's mixed reality drag show has created a new genre, Metaverse still has [a long way to go](https://www.independent.co.uk/voices/tia-kofi-queens-of-the-metaverse-drag-race-b2161623.html#comments-area). Meta shared a two-minute video clip of the show, which showed artists and designers expressing their opinions and experiences.  

Unfortunately, the video seemed too basic and did not depict how Metaverse tech is actually being used for the drag show. Besides, the use of AR and VR was far from what one would expect from a virtual world.  

The Independent published a piece by Tia Kofi where they wrote, “While it’s clear that the metaverse is in its early stages, I’ve been amazed by how prominent queer talent, creatives, designers, and technicians are in bringing their star power to its development.”  

So, even though the creativity of the drag acts and designers was notable, Meta’s Metaverse itself failed to leave a mark.     

## Final thoughts 

In today's digital age, the fashion industry is harnessing the power of new technologies to drive innovation. A notable example of this is Meta's mixed reality drag show in the Metaverse, which provided a platform for artists and designers from the LGBTQ+ community to showcase their creativity and self-expression. This event highlights the growing role of the Metaverse as a medium for fostering artistic expression and pushing the boundaries of creativity. 

purple image of drag queens in the metaverse

Queens of the Metaverse Explored 

In recent years, [virtual reality (VR)](https://www.meta.com/gb/horizon-worlds/) technology has rapidly advanced, allowing users to immerse themselves in digital environments and explore new worlds. One platform that has captured the imagination of VR enthusiasts is Meta Horizon Worlds. 

Features and functionalities of Meta Horizon Worlds 

Meta Horizon Worlds is a virtual reality platform that lets you create, explore, and socialize in immersive 3D worlds. 

Some of its features and functionalities are: 

- [Creative tools](/news/article/metaverse-learning): You can use your hands and voice to build anything you can imagine, from games and art to events and experiences. You can also use gizmos and scripting to add interactivity and logic to your creations. 

- Collaborative platform: You can invite your friends to join you in your world or visit other worlds created by the community. You can also co-create with others in real-time or attend live events hosted by creators. 

- Cross-platform support: You can access the platform on Meta Quest, the most advanced VR headset from Meta. You can also use Meta Link, a web app that lets you join Horizon Worlds from your PC browser or mobile device. 

- Metaverse vision: This is Meta's first attempt at releasing something that resembles CEO Mark Zuckerberg's vision of the Metaverse, a shared virtual space where people can work, play, and socialize. 

## Creating your world 

One of the most exciting aspects of [Meta Horizon Worlds](https://www.meta.com/gb/) is the ability to create and shape your virtual worlds. It offers creative tools that enable users to bring their imagination to life and build unique digital experiences. Access the platform through the Meta Quest headset to start creating your world. 

### Steps to creating your world 

To create your world, start with a tutorial, template, or open world. You can access these options from the Create tab on the menu, which you can open using the three-bar icon on your wrist or the recessed button on your left controller. 

Once you choose an option, you can use the hand tools and gizmos to create and customize your world. You can also use scripting to add interactivity and logic to your world. In real-time, you can collaborate with other or work independently. You can publish your world and share it with others when you are done. 

You can use intuitive building blocks, terrain editing tools, and object libraries to craft your virtual domain from there. Whether you want to design a serene island getaway, a futuristic cityscape, or an otherworldly fantasy realm, the platform provides the tools and resources to transform your vision into a virtual reality. 


## Exploring Horizon Worlds: A multiverse of experiences 

While creating your world can be an exhilarating experience, the platform truly comes alive when users venture into the vast array of experiences crafted by fellow creators. Horizon Worlds is a hub for an ever-expanding metaverse, housing much user-generated content ranging from captivating game environments to social hangouts. By donning the Meta Quest headset, users can teleport into these virtual realms, embark on exciting adventures, or connect with friends in immersive social spaces. 

It adopts a collaborative approach, encouraging users to share their creations and collaborate with others. This open and inclusive environment fosters a vibrant community of creators and ensures that there is always something new to discover. 

From exploring sprawling fantasy realms to engaging in competitive multiplayer games, the possibilities are limited only by the imaginations of its users. 

## The Metaverse: Where reality and virtuality converge 

The [Metaverse concept](https://elearningindustry.com/impact-of-metaverse-technology-an-explanation-and-in-depth-guide#:~:text=Summary%3A%20The%20metaverse%20is%20a,each%20other%2C%20in%20real%20time.) has become a central digital theme as virtual reality technology advances. The Metaverse represents a collective virtual shared space where individuals can interact with each other and digital entities in real-time. It transcends the boundaries of individual virtual reality platforms, forming a connected network of immersive experiences. 

With its expansive and collaborative nature, Horizon Worlds serves as a microcosm of the Metaverse. By connecting users worldwide and enabling them to create, explore, and socialize within virtual worlds, the platform embodies the core principles of the Metaverse. As technology progresses and VR becomes more mainstream, the Metaverse promises to revolutionize various industries, from entertainment and gaming to education and commerce. 

## Conclusion 

In conjunction with the Meta Quest VR headset, Meta Horizon Worlds has opened up a new frontier of immersive experiences. Horizon Worlds has become a thriving platform for digital creativity and social interaction by allowing users to create, explore, and socialize in virtual worlds. Its powerful creative tools enable users to shape their digital domains, host events, and invite others to share their imaginative visions. 

By embracing the concept of the Metaverse, it offers a glimpse into a future where virtual and physical realities seamlessly intertwine. As technology continues to evolve, the platform is poised to be at the forefront of the virtual reality revolution, redefining how we connect, create, and experience the digital realm. 

Purple image of the Horizon Worlds Meta platform

Meta Horizon Worlds explored

The[ Gala app ](https://app.gala.games/)is a revolutionary mobile application designed to enhance your gaming experience while offering numerous benefits and rewards. This article will explore the app's features, advantages, and user feedback, ensuring you have the information you need to see if this app is right for you.

![gala app image with blue filter](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_06_06_at_11_16_16_e8cf3fbc5d.png)

## The Gala app: A hub of gaming and NFTs 

As you enter the app, you enter a dynamic realm where gaming and NFTs collide. This platform presents users with various captivating games, ranging from a Wild West battle royale to poker, fantasy RPGs, simulations, and puzzles. 

Each game is meticulously crafted to provide an engaging and immersive experience, catering to various preferences. 

## NFTs and limited edition collectibles 

One of the highlights of the app is its collection of limited-edition NFTs. These digital assets hold immense value and can be acquired within the app's marketplace. 

From rare land deeds to unique skins, the [Gala app ](/news/article/gala-crypto)offers a diverse selection of NFT game items, each with its rarity level. Owning these exclusive collectables allows users to showcase their individuality and stand out in the gaming community. 

## Features 

The app offers a plethora of features aimed at providing an engaging and rewarding gaming experience: 

- Wide Range of Games: The app offers games across different genres, catering to gamers with diverse preferences. 

- Player-Owned Assets: Users can buy, sell, and trade in-game assets, giving them complete control over their gaming experience. 

- Rewards and Incentives: Players can earn rewards, such as Gala tokens, by participating in games and completing specific tasks. 

- Community Building: The app fosters a strong community of gamers, allowing users to connect with others, form teams, and compete in events. 

- Secure and Transparent Environment: Using blockchain technology ensures the transparency of the gaming ecosystem and security of transactions. 

## Benefits and advantages of the Gala app 

The Gala app provides several benefits that set it apart from traditional gaming platforms: 

- Ownership: Players have complete ownership of their in-game assets. These can be traded or sold on the platform's marketplace. 

- Rewards: The app's reward system encourages users to engage more with the platform, offering tangible incentives for participation. 

- Decentralization: The app's decentralized nature ensures that no single entity controls the platform, promoting fairness and transparency in the gaming ecosystem. 

- Community Focus: The app emphasizes community building, allowing users to connect with like-minded gamers and participate in collaborative events. 

## Conclusion 

In conclusion, the Gala app offers a unique and engaging gaming experience that rewards players and empowers them with ownership of their in-game assets. 

Its decentralized nature and strong community focus set it apart from traditional gaming platforms. 

The Gala app might be the perfect fit if you're looking for a new gaming platform that provides more control and rewards. 

The Gala app: Revolutionizing gaming and NFTs 

Art is not the only valuable collectable on the market. These days, NFTs are out, and NFT memes have taken to the stage.  

## What are Rare Pepes? 

Rare Pepes, sometimes called one of the first-ever NFTs, are digital NFT collections of the popular meme '[Pepe the Frog](https://en.wikipedia.org/wiki/Pepe_the_Frog)’. Pepe the Frog was first created in 2005 by American Matt Furie. The simple carton frog character appeared in Matt’s self-made comic book, "Boy’s Club". 

The meme gained popularity after the comic book was posted on Matt's Myspace account and other platforms like Gaia Online and 4chan. 

## The Rise of Pepes 

By 2014, Pepe the Frog became one of the internet's most popular memes when celebrities like Katy Perry and Nicki Minaj shared the iconic frog meme on their social media accounts, contributing to its popularity. 

Rare Pepes was first issued as an NFT in 2016 by an anonymous user called "Mike". It was minted on an openly distributed Bitcoin blockchain network called Counter Party and traded as an XCP asset. 

In 2018, the final NFT series was released, consisting of [36 unique cards,](https://pepe.wtf/assets), each with distinct production qualities, and there are now more than 100,000 units of this meme-inspired art available. 

## Collecting Rare Pepes 

The value of Pepe NFTs is determined by scarcity, with limited editions or unique designs attracting higher demand. 

Most NFT collectors have found opportunities for financial gain on the cards through strategic trading and investing. 

Nakamoto Card Pepe, the oldest Rare Pepes minted as Card 1 in the first series, was [sold for a whopping $500,000](https://nftevening.com/rare-pepe-nakamoto-card-nft-sold-for-500k-at-nft-nyc/) during the third annual NFT.NYC conference in November 2021. 

## Introducing the platform 

[Rarepepes.com](https://rarepepes.com/) is a dedicated online platform providing a wealth of information on Rare Pepes. It's like a big online library that offers resources providing a deep understanding of Rare Pepes, including details about different collections, historical context, significance, and market value.  

The platform caters to all your needs by offering pricing information, collecting guides, tips for buying and selling on OpenSea, setting up a Rare Pepe wallet, funding your wallet, and so on. 

In addition, the website offers community interaction features (Telegram) where you can connect with other collectors or Rare Pepe lovers and stay updated with the latest news and cool things happening. 

So, if you are an [NFT](/news/article/non-fungible-tokens) collector seeking investment opportunities in these unique artworks, rarepepes.com could be the ideal destination for you. 

## Virtual reality auction 

Another notable feature is its virtual reality auction, an innovative way for collectors to participate in buying and selling. 

This feature, which requires a VR headset, takes the traditional auction experience to the next level. 

Once you're in the virtual auction room, you can view detailed 3D renderings of the cards, inspect each unique design, place bids, and compete against fellow collectors worldwide. 

The last auction took place in November 2021, with various cards available. 

## Conclusion 

These meme-inspired artworks have the potential to gain even greater recognition and value. 

With the ongoing technological development and the growing acceptance of digital collectables, the demand for this unique NFT collection will likely increase. 

In addition, the platform will most likely introduce more features and provide more up-to-date information, facilitating engagement and supporting collectors. 

  

pink image of pepe frog meme nft on abstract background

Rare Pepes: The World of Collectible Meme 

Studying from a textbook and successfully grasping an abstract concept existing on the page is a tall order for most people. Concentrating and maintaining interest amid surrounding distractions is easier said than done. This article explores how immersive learning technologies that integrate Artificial Intelligence (AI), [Augmented Reality](/news/article/augmented-reality-tokens-explained) (AR), and [Virtual Reality ](/news/article/metaverse-vr-project-guide)(VR) are creating new learning experiences that can engage learners better and help them comprehend and retain knowledge better. 

## Beyond video games and virtual chat rooms 

You will likely have heard the term "metaverse", a buzzword in the tech industry that's heard investors and gamers scrambling to benefit from its potential. 

The metaverse has been popularized for significantly impacting the digital world, especially in commerce and entertainment. However, beyond the world of video games and virtual chat rooms, technology has the potential to revolutionize education in ways no one could have ever imagined. 

Metaverse learning leverages the power of augmented reality and virtual reality to “transport” teachers and students to virtual classrooms to unlock boundless immersive learning possibilities. The immersive 3D experience aims to close the widening gap in learning abilities in the typical learning environment by offering a more inclusive approach that enables all students to participate in a tailor-made virtual space. Research already shows the potential of immersive technologies in education, offering students and teachers new ways to succeed.   

## Potential benefits of Metaverse learning technologies 

### Enhanced student engagement 

The metaverse avails an immersive virtual experience through applications that make lessons tangible using 3D models of familiar physical-world settings. These experiences enable learning in a way that deepens the lessons in ways that stimulate students to become active participants. This hands-on approach takes the study beyond the brick-and-mortar walls and captivates students' attention while igniting curiosity. 

### Higher real-time experiences 

AR and VR technologies have matured rapidly and have supported applications in parties, concerts, and sporting events allowing attendees to participate from home. 

The metaverse is built on principles like decentralized audience interaction and real-time engagement, which is in sync. This engagement level is moving into educational platforms offering students and teachers a sense of physical engagement, enabling collaboration, and solving real-life problems virtually.  

### Better learning outcomes 

Educators are taking the cue from businesses and gaining on the positive aspects of VR-enabled training. According to a recent [PwC report](https://www.pwc.com/us/en/tech-effect/emerging-tech/virtual-reality-study.html), training via VR and AR can be four times faster, and learners are also four times more focused than when using the typical remote e-learning models. 

Moreover, the study found that VR learners were 275% more confident and emotionally connected to the training content than regular classroom learners. 

### More authentic academic achievements 

Metaverse leverages the full potential of [blockchain technology](/news/article/what-is-blockchain), the cog of the wheel of cryptocurrency systems, and the transparency it provides. Out of its many use cases, blockchain keeps time-stamped records of activities and transactions that cannot be altered. 

When applied to metaverse learning, blockchain will authenticate all certifications, leaving no opportunity for anyone to falsify academic achievements.     

## Conclusion 

Metaverse learning is no longer a pipe dream, and it's already opening new ways to learn and teach. The development of AR and VR technologies and their related applications are bridging an existing gap and creating more opportunities for learners and teachers beyond our imagination. 

purple image of people learning at school with person wearing a Vr headset

Transform Your Experience with Metaverse Learning 

Yuga Labs is a well-known NFT company that continues to dominate the non-fungible token space due to projects like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). 

The $4 billion-worth company made history in 2022 when it acquired Cryptopunks and Meebits from Larva Labs, cementing its position as the leading brand in the NFT space. It now has its eyes set on dominating the Metarverse. 

## The Metaverse 

Yuga Labs first ventured into the [Metaverse](/news/article/metaverse-coins-future) in March 2022 by launching Otherside, a 3D virtual world developed as an online multiplayer game. 

The Otherside, like many other Metaverse platforms, offers an immersive experience of a virtual world where users can build different experiences and interact with other users. 

The game features plots of land called Otherdeeds. They are dynamic NFTs that can change according to the activities of users. Users also interact with Kodas, unique beings that serve as the game's foundation. Their energy helps keep the universe from collapsing. Kodas are also non-fungible tokens. 

Users got to first experience the Otherside universe in July 2021. 4,500 players were ushered into the game and could interact with their characters, speak to each other using 3D audio, and hear all other players at once. 

In March 2023, 10,000 players again got a first-hand experience with the Otherside universe. According to players who participated in the first and second trips, the experience was the same. 

It is worth noting that when the company first tested its Metarverse ambitions in March 2022, it generated $320 million from selling 55,000 Otherdeeds NFTs. The secondary sale of the NFTs has so far generated more than $800 million. 

As of writing, the floor price of an Otherdeed NFT is 1.2849 ETH on [OpenSea](https://opensea.io/collection/otherdeed). They are available for purchase on the marketplace. 

## About the company 

It was founded in February 2021 by two friends who, for a while, were known by their pseudonyms of Gordon Goner and Gargamel. They were later revealed to be Greg Solano and Wylie Aronow. 

The two, together with other friends, worked to launch the [BAYC NFT ](/news/article/bayc-nft-suffered-from-ftx-crash)collection in April 2021. The non-fungible tokens entered the market with an initial floor price of 0.08ETH (about $240 at the time). As of writing, their current floor price is 52.3 ETH (more than $90k). 

On June 2021, they launched Bored Ape Kennel Club (BAKC). They then launched MAYC in August 2021. In 2022 they acquired the rights to Cryptopunks and Meebits, growing their NFT projects. 

In February, the company announced the launch of its first-ever Bitcoin-based NFT project, TwelveFold. The NFT collection, comprising 300 generative art pieces, went live in March and garnered $16.5 million. 

## Conclusion 

Considering the milestone Yuga Labs has made in the Metaverse realm, it might have the chance to dominate the space. However, it faces stiff competition from Facebook, Apple, Google, and Microsoft, companies working hard to build their own Metaverse. 

yuga labs logo on image of bayc bored ape nfts with pink filter

Yuga Labs is taking over the Metaverse 

Web3 games and Metaverse projects have taken the industry by storm. Some of the games driving the rise of blockchain gaming include Axie Infinity, Splinterlands, Alien Worlds, Crazy Defense Heroes, Sky Mavis, and The Sandbox. Not only have these games enabled players all over the world to make money, but they have also introduced innovative mechanics and partnerships. 

Similarly, Metaverse projects have piqued people's interest by introducing ingenious ways for users to interact with one another in 3D space.

As per a report released by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects have [raised $748 million](https://beat.10ztalk.com/2022/09/12/web3-games-and-metaverse-projects-raised-748-million-in-august-report/) since August 1, 2022. 

Axie Infinity, one of the most popular games in the field, has surpassed $4 billion in all-time NFT sales, with approximately 36,000 new daily players joining in the last three months.

Despite the ongoing market downturn, blockchain-based games continue to garner attention. According to DappRadar, companies in that field and Metaverse projects have raised approximately $748 million since the beginning of August. This is a 135% increase over July but a 16% decrease from June's figures.

Gabriel Leydon, the founder of Machine Zone, made one of the largest investments of $200 million in Web3 games.

Temasek, a Singaporean investment firm, led the latest $100 million funding round for Animoca Brands to increase the company's exposure in the sector. 

Xterio, a cross-platform publisher and developer of high-quality mobile and web3 games secured a $40 million fundraising round. 

Last year, the gaming space raised around $4 billion. This figure has already been surpassed in 2022, with investments totalling around $7 billion. If current trends continue, the figure is expected to reach $10.2 billion by 2022.

## DappRadar July report

At the end of July this year, the firm determined that blockchain games and Metaverse projects appear to be faring much better than other industry segments during the crypto winter. 

According to the report, unique active wallets (UAWs) decreased by 7% in Q2 compared to the previous quarter. This meant that people were still interacting with blockchain decentralised applications at nearly the same rate as before the [Terra collapse](/news/article/terra-luna-collapse).


Web3 games and Metaverse projects raised $748M

[Enter the Metaverse London](https://techcircus.io/en/events/enter-the-metaverse-london-2) was an event that aimed to introduce a new world of digital to its attendees.

The event featured thought leaders and inspirational designers leading the audience through a technological paradigm shift. The event took place on 28-29 November 2022 and explored exciting developments in VR, AR, and regulatory and legal movements. It delved into the future of e-commerce and gaming in the [Metaverse](/news/article/how-to-buy-land-in-metaverse-worlds) and decentralised commerce.

One of the event's primary focuses was gaming in the Metaverse. 

According to the presenters, wherever gaming goes, innovation follows. A lot of the original innovations in hardware and software were spurred by video games, and [Web3](/news/article/uquid-web3-integrates-with-polygon) is no different. When it is made entertaining and rewarding to engage with new technology, more users adopt it. The event discussed how blockchain empowered players and developers and some exciting models in the gaming world. The panel also discussed significant technological advancements in the gaming industry.

## Introduction to emerging technologies

The occasion introduced its attendees to the latest developments in emerging technologies. These technologies are rapidly gaining traction and are poised to be a major part of the future, like [Augmented Reality](/news/article/augmented-reality-tokens-explained) (AR) overlays digital elements in the real world, enhancing the users' experience. Extended Reality (XR) combines VR and AR, delivering a more immersive experience. The event also explored haptic feedback suits, which allow users to feel like they are in the game.

The Metaverse is an exciting development that aims to create a fully immersive virtual world. It is poised to be the next big thing in e-commerce, and the event delved into its future. It is a shared virtual space where users can interact together in a 3D world. It provides endless possibilities for businesses to engage with customers and deliver immersive experiences.

The occasion featured various presenters, including the Chief Medical Metaverse Officer of AIMEDIS, Professor Shafi Ahmed, Co-Founder of The Sandbox, Sebastien Borget, Director Of Business Development - EMEA of Niantic, Sarah Burslem, CEO of Singularity.net, Ben Goertzel, Sophia the AI, and Blockchain Product Marketing Manager of EX-SHOPIFY, Nicole Sandford. The occasion included various panels, including Web 3.0, the Metaverse, the Future of Gaming, and DeFi's Significance in Enabling Efficient Financial Transactions in the Metaverse.

## Conclusion

Enter the Metaverse London was an informative and exciting occasion that showcased the latest developments in emerging technologies. It left attendees with a deeper understanding of the possibilities and challenges of the digital world and the potential of emerging technologies to shape our future.


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