You can be forgiven for thinking that Web3 or Web 3.0 is just another trendy buzzword that lets tech companies sell you the same product slightly upgraded under a cool new façade. For one thing, there is no official definition for Web 3, just a collection of parameters that classifies its general qualities, functions, and […]
Web3
It is, by definition, a decentralized ledger. Every record written and every action and transaction occurring on the blockchain is secured by a unique cryptographic key that is meant to be unhackable. Every time a new block on the chain is formed. This means that every action on the blockchain is dependent on the two […]
Open market online for Non-Fungible Tokens (NFT), OpenSea, is getting in touch with and compensating users exposed by the loophole letting individuals obtain NFTs for less than the market’s value, then resell it for thousands. First reported by Vice Tech’s Motherboard on Monday after blockchain security firm Elliptic expressed concerns around the issue. Various Twitter users went […]
When Microsoft unveiled its plans to acquire gaming titan Activision Blizzard on January 19, the tech scene was swift away with one newsflash. A deal, if it came to fruition, could be commemorated in Microsoft’s history as the first stone that pathed its way into the Metaverse. The $75 billion deal’s announcement was led by a 15-minute […]
Microsoft announced Tuesday a significant expansion in the games market with an agreed takeover of Activision Blizzard for $68.7 billion cash in its largest purchase ever. The deal will make Microsoft the world’s third-largest games publisher by revenue, after Tencent and Sony. As such, the American company still has to win approval from Activision’s shareholders and, more […]
With every new generation of technological innovation must come an evolution of hardware that brings it to life. Today’s Metaverse hardware is where cell phones were in the 1970s. Big, clunky, primitive, and barely useful enough for most people to bother buying. Fortunately, the incentive is high, the funding is even higher, and companies are […]
Make no mistake, the Metaverse is already here. It has been here for a while. No, it doesn’t look like what movies would have you believe, and it doesn’t involve people wearing headsets or augmented reality (AR) glasses at the office – yet – but it is here. Every time you see someone doing a […]
Apple Inc is joining the race of pursuing its ambitions in what could be the next big thing, the metaverse, reaping the benefits of the hype emulating from the digital alternate reality. According to investors and analysts, the iOS developer is marking its presence in the next monumental project for tech giants. Apple has been […]
Metaverse property is basically an NFT. We cover what NFTs are in greater detail here, but essentially, they are unique, blockchain verified lines of code that represent a person’s ownership of something in a given blockchain. Most commonly, the Ethereum blockchain. Behind the inflammatory headlines, exclamation marks, and the open mouth face clutching YouTube thumbnails, what is […]
Many of today’s most commonly used tools and technologies, such as mobile phones, the cloud, or the internet itself, all started off as either a science fiction concept, or something seemingly useless to the average person, dismissed as a trend. Those supposed trends are the Metaverse, cryptocurrency, NFTs, and metaverse crypto coins. An excellent way […]