Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more

About

Chinese firms bet on ‘Metaverse-like’ experiences for FIFA World Cup

China-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the Metaverse.

The efforts are part of a five-year plan released by the Chinese government in early November to boost the capabilities and development of the local Virtual Reality (VR) industry.

Video streaming platform Migu is one of six Chinese firms that has secured the…

Read Full Story
cointelegraph.com

News source:

Cointelegraph

Founded in 2013, Cointelegraph is the leading independent digital media resource covering a wide range of news on blockchain technology, crypto assets, and emerging fintech...

News that you might like

Inside South Korea’s wild plan to dominate the metaverse – Cointelegraph Magazine

“Many years ago, it was AI. Now, it’s metaverse,” he says. “From...

More than 90% of consumers are curious about the Metaverse: Capgemini

Despite turbulent market conditions over the last year, the metaverse and its potential utility remain steady in the minds of consumers.According to data from...

Streamers are tricking football fans into thinking FIFA 23 games are pirate World Cup streams

Clever YouTube channels have found a way to tap into World Cup fever, streaming fake football matches that have been simulated in FIFA 23....

Nifty Newsletter, Nov. 30–Dec. 6

In this week’s newsletter, read about how the word “metaverse” placed second in Oxford’s Word of the Year. Check out how Meta is pushing...