Metaverse

Metaverse School of Engineering at the University of Tokyo

The metaverse is expanding in an unfathomable space, and various industries all over the world are incorporating them. The metaverse is slowly taking over the real world by giving the users the freedom of interacting with the real world virtually by staying at home. 

This growth is evident in The University of Tokyo’s plan to open a Metaverse School of Engineering next month. In the Metaverse School, students such as junior and senior high school students and also the working adults will be able to attend lectures and events virtually. 

The Metaverse School of Engineering

The Metaverse School by the University of Tokyo aims to foster human resources in digital technology fields to increase the number of female students who want to learn and work in engineering and information technology fields. According to the university, they expect to attract over 100,000 participants. 

The Metaverse allows users to participate regardless of location, and this feature will help the university in building a global system to attract people all over the world to learn engineering and information technology. 

The opening ceremony for the metaverse school will be held on September 23rd in a virtual replica of the university’s Yasuda Auditorium. The teaching staff and guests will attend the ceremony using their avatars, which are digital depictions of themselves. 

The junior and senior high school students can attend the school’s lectures for free, in which they will learn about digital technologies and entrepreneurship. The classes will also include laboratory tours and exchange events. Moreover, the school will proactively offer information about the careers of women in various fields to encourage female students. 

Prof. Takao Someya, an expert on semiconductor engineering who serves as the dean of the metaverse school, said,

“I want to foster human resources who can resolve various social tasks with digital technologies and increase their numbers to an unimaginable level.”

The metaverse school will be a game changer for the education industry as the virtual world imagined in the fiction games and movies inches closer to becoming a reality. 

Decentraland is hosting its Third Metaverse Art Week

The metaverse is expanding at an unbelievable rate, with mainstream brands and companies creating their own virtual experiences in the metaverse. Some top players, such as Decentraland, are the pioneers in the metaverse space and provide these brands with a place to interact with their customers. 

However, the metaverse does not only serve the brands and the consumer as it is also a great opportunity for the creators to explore. For instance, Decentraland is hosting its third Metaverse Art Week that will focus on metaverse evolution and human-nature relationships. The theme for the art week is chosen to be The World is Made of Code and will focus on the relationship between man and nature and how it affects the evolution of the metaverse. 

About The Event 

The art week will showcase the intricacies of the theme using different mediums such as NFT exhibitions, art designs, discussion panels, live performances and so on. While Art Week is a metaverse event being hosted on Decentraland, it will see contributions from SuperRare and OpeSea, who will showcase some of the top works from the previous year.

Apart from that, the event will also showcase Cash Labs exhibiting mixed-media pieces along with contributions from top NFT creators such as Damien Hirst, Estee Lauder and Justin Aversan. Apart from exhibiting different art mediums, the event will also encourage discussion and development of democratized creativity in the metaverse. 

“We believe that the future of the internet should be built by decentralized communities who do not seek to profit off of user data, imagination, and creativity. This year’s Art Week is a love letter to what the next generation of artists are doing in the metaverse,”

Sam Hamilton, the Creative Director of the Decentraland Foundation

It would be interesting to see what this Art Week will bring to the industry and how it will affect the metaverse space. 

Instagram Taking a Leap Forward in Web3

The explosive boom of the metaverse has led various mainstream companies and platforms to adopt the trend and become digitally evolved. Facebook was one of these platforms in an attempt to create a social media platform in the metaverse. As a result, the social media giant rebranded as Meta. 

However, the inclusion of NFTs and the metaverse was not limited to Meta. Instagram, the Meta-owned visual content sharing platform, also incorporated an NFT forward strategy. Pertaining to that strategy, Instagram is introducing NFT features to 100 more countries and adding Coinbase wallet and Flow blockchain.

Instagram’s NFT-Enabled Strategy

In July, Instagram started testing the NFT features, which were at the time only available in the US to a limited number of creators. However, upon successful testing, Instagram is releasing this feature to America, Asia Pacific, The Middle East and Africa. The creators can now showcase their NFT collection on their profile using this feature. 

To publish an NFT on their account, the user must connect their accounts to a digital wallet. Currently, the platform supports Ethereum, Polygon, and Flow blockchains and third-party wallets like MetaMask, Trust Wallet, Coinbase Wallet, Rainbow, and Dapper Wallet.

“Every day, creators inspire people and push culture forward around the world. With the incredible opportunity of blockchain technology, they can now leverage new tools to earn income, and fans can support their favorite creators by purchasing digital collectibles – art, images and videos, music, or trading cards – as non-fungible tokens (NFTs),”

Instagram

This feature will be an excellent addition to the platform for NFT enthusiasts and digital creators. Instagram can also eventually help creators sell their NFT collections by allowing linking to the marketplaces and letting the creator’s followers directly own these NFTs. 

This development also marks a win for the crypto community as Instagram is one of the largest social media platforms and is now successfully linked to the crypto space. 

Transak and Decentraland Partners to Deploy the first Full Functional Metaverse ATM

In a masterstroke, the crypto trading giant, Transak, has launched the first fully functional ATM in Decentraland. 

This new development will dial the interoperability for the users to the max as now they will be able to top their crypto wallets while exploring the interactive space of metaverse. To transact, the users just need to make a swift interaction with Decentraland deployed crypto on-ramp and continue exploring the virtual world, having the ability to top-up their wallets whenever they need. 

Decentraland X Transak

It is interesting to note that the users can purchase the crypto assets directly using fiat as the ATM essentially acts as the hyperlink to Transak’s services where global users can purchase cryptocurrencies. Moreover, Transak can automatically sync to the local currency, default to $MANA, and deposit the funds to the DCL-connect wallet. 

Moreover, this news is also monumental for the metaverse, Decentraland, and will increase its accessibility and usability. As Mana is the primary in-game currency used to purchase and sell items within the games, this ATM will increase the ease of use for the gamers. 

According to the developers of Decentraland, the ATM is intended to simplify the user experience,

“Just like an ATM in real life, we wanted to give users a more seamless journey while navigating web3,”

Earlier this week, Transak hosted a series of onboarding events on 2nd August at the Airdrop Tower, where experts guided the users on how to use the metaverse ATM while instructing Decentraland landowners to deploy the device within their own parcels. 

Moreover, Decentraland also hosted a public conference on 3rd August to discuss the motive behind this ATM and how it will be beneficial for all users of Decentraland. This development will be especially beneficial for the landowners as it will provide them with additional revenue streams. 

To learn more about the first metaverse ATM, visit https://play.decentraland.org/?position=-7%2C-23

Spotify is booming its way into the Metaverse

Spotify, the popular music streaming platform, is officially launching its virtual presence in the metaverse by partnering up with kids gaming platform Roblox. This venture of Spotify makes it the first music-streaming platform to have a presence in the metaverse. 

Spotify has marked its presence in the metaverse with ‘Spotify Island,’ an interactive world where the company plans on “creating a place where fans can link up and create new sounds together, hang out in digital spaces, and gain access to exclusive virtual merch.”

With the help of Spotify Island, the company is “creating an easy opportunity for artists to connect with fans and to partner with Spotify on the creation of in-game virtual merchandise.”

The announcement further added, “Spotify’s portion of those sales will go directly back to the artists themselves. We’ll work with artists to create more opportunities like this in the months ahead”.

Spotify is moving up!

This launch on Roblox is paired with a recruitment drive for Web 3 experts at the company. The company was also recently hiring a Senior Backend Engineer who would be responsible for driving growth using new technologies such as Web 3. According to the job ad, Spotify is searching for individuals who can “Spotify’s portion of those sales will go directly back to the artists themselves. We’ll work with artists to create more opportunities like this in the months ahead”.

Talking about the partnership, Spotify said that Roblox users would be able to “mingle with artists, complete interactive quests, and unlock exclusive content.” Moreover, the players can also create music, and explore sounds at virtual beat-maker stations that are powered by Soundtrap. 

“THIS LAUNCH JUST SCRATCHES THE SURFACE WHEN IT COMES TO WAYS USERS CAN EXPERIENCE SPOTIFY ISLAND ON ROBLOX.”

Spotify

According to the reports, Spotify’s global users grew by 2 million in Q1 2022, increasing the total number to 182 million subscribers. It would be interesting to witness the music-streaming platform’s journey into the metaverse.