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South Korea Is Building Its Own K-Pop Metaverse

VRScout

The K-pop industry is so massive, the country actually relies upon it as one of its primary sources of gross national income next to Samsung. In September 2021, the South Korean Ministry of Science and ICT announced plans to invest a whopping $7.5 billion into digital technologies by the year 2025; 9% ($2.2

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How Are Popular Brands Leveraging the Metaverse to Connect with Clients?

XR Today - Virtual Reality

For instance, Nike, the athletic apparel brand, launched “ Nikeland ” in 2021, on the Roblox platform. In this interactive world, consumers can play games, purchase avatar clothing from Nike, and collect NFTs. The unique metaverse experience included an art exhibition designed to increase brand recognition among younger clients.

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How To Balance Public & Private Investment For A Sustainable XR Market

VRScout

It takes place in Paris as a part of the NewImages Festival , an international festival of digital creation and virtual worlds. Some of the biggest companies worldwide, such as Facebook, Samsung, and Google are investing billions every year into XR research and innovation. You can learn more about the XR Market here.

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METAVERSE: THE FUTURE OF THE E-COMMERCE

ARVR

Then, let’s be realistic, if we’re building replicas of the physical world in the metaverse, why would some of the basic customer reactions change in that virtual world too? Samsung , Coca-Cola , Gucci , Nike and many more. Doesn’t it sound like the replica of your life? e-commerce and retail giants, if they don’t adapt.

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My predictions for virtual reality in 2022

The Ghost Howls

This is not a tweet, it is a #metaverse message… #VirtualReality #VR #AR pic.twitter.com/f9aDJ2mbc3 — TonyVT SkarredGhost (@SkarredGhost) July 25, 2021. My favorite one is “interoperability” : you shoud be able to go through all virtual worlds carrying with you what you have got in one into the other ones.

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The Ghost Howls’s VR Week Peek (2019.08.11): Gear VR is over, Go long term future is uncertain, Huawei teases its metaverse and much more!

The Ghost Howls

Image by Samsung). Anyway, officially, both Samsung and Oculus have continued at least to support it. But at the presentation of the latest Samsung Note 10, for the first time after the Note 4, Samsung has dropped support for Gear VR in its latest flagship device. And Samsung is not abandoning XR for sure.

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The XR Week Peek (2022.02.07): Meta has invested more than $10B on XR, Hololens 3 may have been canceled, and more!

The Ghost Howls

Meta’s earnings report for 2021 has both lights and shadows. We were all waiting for it, and then it finally arrived: Meta has finally released its earning reports for 2021, and for the first time it treated its Reality Labs division as a separate entity, so we know how well it is performing. Top news of the week. Image by Meta).