03 min reading in Blogs

Metaverse Companies in Singapore.

Singapore-based start-up NXT Interactive is an upcoming name, whose expertise lies in building blockchain-powered metaverse projects, along with AR/VR experiences featuring mobile games with built-in geolocation, where the fine line between virtual and real worlds fades.

The future of events is in the metaverse.

The Metaverse provides immersive experiences built upon augmented reality technologies, as well as creating mirror images of the real world. Metaverse builds economic systems via blockchain technology, tightly integrating the virtual world and real world into the economic systems, social systems, and identity systems, while also allowing every user to create and modify content.

Metaverse is a shared virtual space generated through virtually enhanced physical reality, in which each individual will possess an avatar for playing, creating, exploring, or socializing within the 3D virtual experience. Metaverse metauniverse is an ongoing virtual shared space supported by AR, VR, 3D, and other technologies. Virtual reality and augmented reality technologies are considered major contributors to developing a metaverse. There are visions for the tech giants of a metaverse from companies such as Meta (formerly Facebook), ByteDance, Microsoft, and Google.

Luxury brands such as Gucci, consumer brands such as Mcdonald's, and technology brands such as Samsung, are opening stores and holding events such as virtual fashion shows on various metaverse platforms. In a metaverse, users can display and exchange digital forms of artworks and properties using NFTs, backed by a blockchain, making a metaverse a new marketing dimension for brands to grow their digital assets.

Virtual Worlds, Augmented Reality, and The Internet comprise The Metaverse. - Singapore's DBS Bank has worked with Sandbox to build a community-centric Metaverse that fosters a more sustainable world. - Singapore-based metaverse startup BUD has joined forces with leading tech companies including Snapchat, Huawei, Meta, Tencent, and ByteDance. - Singapore-based metaverse startup BUD says it is using $36.8M to roll out Web3 products, the next generation of the web running on the Blockchain. - Singapore-based metaverse startup BUD is also planning to introduce NFT projects that allow users to own and exchange virtual assets that originate in the metaverse, according to the technology publication TechCrunch. - Asian blockchain gaming giant Animoca Brands has received $100m from the state-owned Singapore-based Temasek, further cementing the company's position as a major player in the metaverse. What was once just a tiny video game studio based out of Hong Kong, Animoca Brands has grown into Asia's largest blockchain investment arm, with more than 340 portfolio companies including the leading metaverse titles, The Sandbox, and Decentraland. - NGC Metaverse Ventures, a third blockchain fund by crypto-focused VC NGC Ventures, raised $100M from investors including Babel Finance, Huobi Ventures, Nexo Ventures, Altonomy, and GBIC.

Consumers and businesses are experiencing the early metaverses for everything from socializing, fitness, shopping, virtual education, and other everyday activities. Consumers are open to embracing the new technologies; companies are investing significantly in developing the metaverse infrastructure, and brands that are pioneering in the metaverse are receiving positive feedback from consumers. The metaverse is part of this Internet evolution, deploying ever-immersive technologies to deliver physical experiences--that is, those that blur boundaries between the real and virtual. metaversestartup #metaverseplatforms #virtualexperience #virtualreality #virtualfashion #immersivetechnologies #onlineenvironments #techplatforms #metaversemarket #virtual tours #globalmetaverse

For more information on metaverse events platforms. Connect

www.nxtinteractive.com
info@nxtinteractive.com
7 Temasek Boulevard #12-07 Suntec
Tower One, Singapore 038987
+65 31636746
Categories: Blockchain, Crypto, Metaverse, NFT, Web3