Metaverse is a virtual world or universe that is created and sustained by the internet, where users can meet and create with one another in real-time through a personalized character or avatar. Metaverse uses open architecture, so anyone can create and build their own virtual spaces within the larger virtual environment, effectively building the metaverse itself. Metaverse has its origins in science fiction, but has gained popularity as advancements in technology have made it possible to create immersive virtual environments that replicate real-world experiences. These environments are often created using VR (virtual reality) or AR (augmented reality) technologies, which allow users to feel, move and interact as if they are truly present within the virtual space. Technology giants such as Nvidia, Meta, and Google are investing in the Metaverse, driving its popularity and creating new market opportunities.
The financial report shows that Roblox Q1 revenue increased by 22% year-on-year to US$655.3 million, compared with market expectations of US$766 million; the net loss attributable to shareholders was US$268.3 million, compared with US$160.2 million in the same period last year, and the market expected a net loss of US$253 million. The basic and diluted loss per share were both...
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At the Hong Kong Financial Technology Week, the Hong Kong SAR Government stated that Hong Kong is an international financial center, and also mentioned three experimental pr...
True enough that the guidance notes on changes on tipping and the time duration limit for youth to watch gaming streaming have impacted Huya and Douyu at least on the share price front. ...
The company's flagship Unity Pro is a full-service platform for g...
Do you see any potential for this to be the next disruptor of the way we communicate with one another? Or is it just some wonky idea that will flop and will be forgotten in a few years?
What are the main hurdles the Metaverse will have to overcome in order to gain mass adoption, dis...
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