Apple Vision Pro Launches with Blockchain-Based Metaverse Game – Next Big Thing?

Apple Vision Legit Launches with Blockchain-Primarily based Metaverse Sport – Subsequent Huge Thing?

Apple’s highly anticipated headset Vision Legit has an upcoming metaverse app from a blockchain-linked company.

Victoria VR, a crypto-meets-digital actuality (VR) developer, objectives to offer an immersive metaverse skills with extremely-life like graphics, complementing the superior applied sciences of the Apple headset.

The app is scheduled for release within the second quarter of this yr.

The Victoria VR metaverse app will showcase the capabilities of the Apple Vision Legit whereas demonstrating the vitality of Web3 skills, in accordance to a statement released by the corporate.

The circulate marks Apple’s entry into the digital actuality ecosystem and positions Vision Legit as a competitor to Meta’s (beforehand Facebook) Meta Quest headset.

Victoria VR Metaverse Powered by VR Token

The Victoria VR metaverse is powered by the VR token, an Ethereum-based mostly cryptocurrency following the ERC-20 regular.

Full of life users and stakers of the VR token will be rewarded, with half of of the income generated from in-game asset sales being redistributed to those individuals.

The VR token’s market cap stands at $103 million, and its rate has surged by almost 60% within the closing 24 hours, as per information from CoinMarketCap.

Victoria VR objectives to attach an inclusive ambiance accessible to all individuals.

The project emphasizes a “pay-to-high-tail” method in preference to a “pay-to-accumulate” model, making sure that users can develop VR tokens unbiased by participating within the metaverse.

This originate comes at a time when pastime within the metaverse has been gaining momentum, with tech firms exploring alternatives within the place.

By combining blockchain skills with digital actuality, Victoria VR objectives to offer a queer and enticing metaverse skills on the Apple Vision Legit headset.

As the metaverse continues to conform and entice attention, the release of the Victoria VR metaverse app on Apple Vision Legit is on the entire a fundamental pattern within the intersection of blockchain and VR.

Meta’s Truth Labs Facts $4.6 Billion in Loss

Meta subsidiary Truth Labs, which specializes within the event of the metaverse, recorded a fundamental working loss of over $4.6 billion within the fourth quarter of 2023.

In its fourth-quarter file, released on February 1, Meta printed that Truth Labs reported a loss of $4.65 billion at some level of Q4, whereas generating almost $1.1 billion in income.

This working loss marks the biggest quarterly loss for Truth Labs since Meta started along side the division’s financials in its reporting at some level of the fourth quarter of 2020.

In 2023, Truth Labs’ full revenues amounted to correct beneath $1.9 billion, with extra than half of of the annual income generated within the fourth quarter, primarily driven by the release of the Meta Quest 3.

The full working loss for 2023 reached $16.1 billion, representing a 17.5% yr-on-yr lengthen from 2022.

The metaverse has been a subject subject of intense debate within the tech world, with some swap leaders esteem Invoice Gates expressing a tepid outlook.

The terrible outlook regarding the metaverse is now not entirely out of the norm, specifically since many tall supporters of the premise possess now not too long within the past backed down from their ambitions.

For one, entertainment big Disney presented closing yr that it is eliminating its metaverse division as share of broader layoffs that can impression as many as 7,000 workers.

Source : cryptonews.com