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MetaJuice, the company unlocking the metaverse by building blockchain-driven economies, announced the pending launch of an NFT marketplace in the IMVU metaverse – home to more than one million daily active users, Bankless Times learned from a press release.
MetaJuice has collaborated with IMVU creators for its inaugural collection of wearable in-world apparel NFTs, harnessing the power of the existing IMVU community. To purchase NFTs, eligible users can use VCOIN or, soon, its sister token VCORE, which will soon be available outside the US and Canada.
Unique to this launch, the first phase of which is expected this fall, will be the ability for IMVU users to immediately wear and showcase their NFTs in the metaverse. When wearing an NFT in a room or experience, users can have a special “badge” and name color in the room and in the chat.
Other users will be able to see that and click on the avatar and find the information and metadata about the NFT that is making them appear special.
In addition, IMVU users will have ownership of purchased NFTs on the marketplace, allowing them to collect, display and resell items. For the first time, the new marketplace will enable reselling, gifting, and inventory management on the IMVU platform.
And in partnership with Immutable X, all NFTs created and traded on the IMVU platform will incur zero gas fees, enabling seamless transactions at launch.
Daren Tsui, CEO of Together Labs, the parent company of IMVU, commented:
This immense effort builds upon IMVU’s thriving economy with more than 21.4 million unit sales per month and a marketplace that has more than 50 million virtual goods. The NFTs will be directly integrated into the existing shop, making it seamless for users to find and purchase them.
IMVU will launch with virtual clothing and accessories, with more to come in the future. Also coming soon, more than 200,000 active IMVU creators will be able to easily create, sell and buy NFTS directly within the current IMVU Studio creator tools.
Users who purchase NFTs can choose to update their avatar to indicate that they are NFT owners, whether they are wearing an NFT item or not.
KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era.
KPMG is entering the metaverse with a new collaboration hub that will connect employees, clients and others with Web3. The company is making a collective $30 million investment this year in Web3 experiences, with the metaverse hub as the “signature piece.”
According to a Tuesday report by Fortune, the hub will be focused on education, collaboration, training, events and workshops with Cliff Justice, KPMG U.S. leader of enterprise innovation claiming that it is presently being utilized for such things but that KPMG intends to hire people to build it and expand it over time.
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.
What do you think❓
— THE RELEVANCE HOUSE. (@RelevanceHouse) June 28, 2022
Laura Newinski, deputy chair and chief operating officer at KPMG in the U.S., said:
“The metaverse is a market opportunity, a way to re-engage talent, and a path to connect people across the globe through a new collaborative experience.”
The companies will continue to explore possibilities in the crypto and Web 3.0 space, co-create new tools and solutions that provide critical insights, launch immersive learning and development platforms, recruit talent to contribute knowledge and help navigate the changing confluence of the physical and digital worlds, among other things, as part of its innovation strategy.
The COVID-19 epidemic sparked people’s interest in the metaverse. There has been an increase in the desire for methods to make internet contact more lifelike as more individuals work and go to school online. JPMorgan, one of the biggest banks in the United States, made headlines earlier this year by publishing a paper suggesting metaverse technology was a “one trillion-dollar opportunity,” along with establishing its own virtual headquarters in the Decentraland (MANA) metaverse.
Groove Science Studios, creator of the longest-running virtual reality music platform Soundscape VR (SVR),has announced the addition of SLASH FEATURING MYLES KENNEDY & THE CONSPIRATORS “Live At Studios 60” to its Magic Mirror Musical Metaverse. Starting today, music fans can experience the debut of all ten songs from Slash and the band’s new Gibson Records LP “4”, in Soundscape VR’s musical metaverse, a dynamic virtual concert world that captures the band’s unforgettable melodies, soaring vocals, and guitar riffs that will blow your mind.
“I’m really excited about this cool VR interpretation of our live performance at Studios 60,” says Slash. “It’s a new and immersive visual that gives it a great ‘in the room’ feel.
“It’s a milestone for SVR to showcase legendary artists like Slash,” Soundscape VR founder and creator Eric Alexander explained. “Artists everywhere are seeing SVR and Magic Mirror as the ultimate digital presentation of their art, giving their fans a totally original experience built for the highest levels of immersion. Soundscape continues to lead the world in the exploration and display of the most advanced musical metaverse technologies.”
With the global AR, and VR market expected to grow to 209.2 billion by the end of 2022, music fans from around the world are participating in a completely new and shared sonic-visual experience that is designed to scale infinitely with no limit to the number of participants. Soundscape VR’s Magic Mirror is a platform for artists to position their music in an immersive and shared fast-growing digital space that combines virtual reality, augmented reality, and the Internet.
Avatar customizations are now available for users to personalize their own virtual appearance including new hairstyles, outfits, and more. And a new version of SVR’s Sonic AI now helps shape experiences and the worlds like never before. Armed with their avatars, users can explore immersive, audio-reactive worlds like “Twilight Thicket” while rocking out to SLASH FEATURING MYLES KENNEDY & THE CONSPIRATORS. Twilight Thicket is one of six worlds that comprise the Soundscape VR music metaverse.
To experience exclusive Magic Mirror performances, users can download SVR for free from Steam VR and Oculus Home. For more information about upcoming Magic Mirror content and events in virtual reality, users are encouraged to follow the company on social media and visit the website where a complete compendium of available Magic Mirror content is also available.
SLASH FEATURING MYLES KENNEDY & THE CONSPIRATORS have just released the single “April Fool” off “4”, which debuted as the No. 1 most-selling hard rock album during release week and is available everywhere now via Gibson Records (in partnership with BMG).
Soundscape VR is the musical metaverse, home of hyper-immersive visual arts and sound experiences. As a music, arts, and gaming VR platform since 2014, Soundscape VR continues to enable a new generation of live concerts, music experiences, and sound visualization that is paving the way for the next technological expansion of the music industry. Soundscape VR is not only the most advanced metaverse, but also the purest, with no ads, no corporate sponsorship, and no data theft; just the world’s most cutting-edge audiovisual experiences, available free.
In SVR’s virtual worlds, friends from across the globe can listen, fly, paint, explore, watch, dance, compete and more — together in a sonic-visual adventure functioning as a 24/7 music festival. SVR’s Sonic AI allows partakers to visualize any genre of music, automatically, from Electronic to Jazz, deeply integrating the music into the audio-reactive environments. Engineered by an independent collective of artists, musicians and developers to be the premier destination for musical and artistic virtual reality metaverse content, SVR is regarded as one of the most immersive and technically impressive virtual reality apps in the world.
Soundscape VR, Artist Link, and Magic Mirror are part of the Soundscape Universe, a collection of virtual, mixed, and augmented reality software developed by Groove Science Studios (GSS).
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