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Immersive Reality closing due to regulations, lack of interest

Hypergrid Business

The major reason for the shutdown is the new European General Data Protection Regulation (GDPR), said Reite, who is also known as Tom Wyoming in-world. Reite will maintain a small presence in OpenSim, however, with the Boom Town 2 region on OSgrid , with his “Tom Wyoming” avatar name. New regulations.

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The Top Five Web3 Trends In 2023

Bernard Marr

The data that makes up these digital worlds is stored on a blockchain – the Ethereum blockchain, in fact. The server where the data that makes up the world are hosted has no individual owner who can censor activity that doesn't fit their political views or pull the plug if they decide they want to get rid of it entirely. In the U.S.,

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The Best Examples Of DAOs Everyone Should Know About

Bernard Marr

Advocates say that as well as removing the ability for network or infrastructure owners – or even central governments – to impose their will on the way the organization is run, it can also create efficiencies and give users greater control over how their data is used. American CryptoFed DAO.