In the rapidly evolving world of the metaverse, few projects have captured as much attention as Metahero (HERO). With its focus on ultra-realistic 3D avatars and digital assets, Metahero aims to redefine how we interact with the virtual world. This article dives into what makes Metahero unique, its key features, the technology behind it, and how it is positioned to play a pivotal role in the metaverse ecosystem.
What is Metahero?
Metahero is a blockchain-based project designed to bridge the gap between the physical and virtual worlds. Leveraging advanced 3D scanning technology, Metahero allows users to create lifelike avatars that can be used across metaverse platforms. The project’s native token, HERO, facilitates transactions within the Metahero ecosystem, enabling users to buy, sell, and trade digital assets and experiences.
The Vision of Metahero
The vision behind Metahero is ambitious. In a world where the metaverse is becoming increasingly central, Metahero seeks to offer a solution that brings hyper-realistic digital identities to life. Unlike traditional avatar creation tools, which often result in stylized or cartoonish avatars, Metahero’s approach ensures that every scan is as close to the real person as possible. This is achieved through its partnership with Wolf Digital World (WDW), a 3D technology company known for producing the highest fidelity 3D scans in the industry.
Key Features of Metahero
Ultra-Realistic 3D Scanning: Metahero’s technology captures the minutest details of a person’s appearance, resulting in an avatar that looks almost identical to them. The scanning booths are equipped with 200 Sony A7R cameras capable of creating avatars in stunning detail.
Digital Asset Creation: Beyond avatars, Metahero enables the creation of digital assets. This could range from in-game items and virtual collectibles to artwork that can be minted as NFTs (non-fungible tokens).
Metahero’s Ecosystem: The HERO token serves as the backbone of the Metahero ecosystem. Whether users are looking to scan themselves, acquire a digital asset, or engage in metaverse transactions, HERO is the primary medium of exchange.
Interoperability Across the Metaverse: Metahero’s 3D avatars and assets are designed to be compatible with multiple metaverse platforms. This ensures that users can have a consistent digital identity across different virtual worlds.
Focus on Privacy and Ownership: Unlike centralized avatar creation platforms, Metahero prioritizes user privacy and ownership. Users have full control over their avatars and assets, thanks to blockchain technology that guarantees secure ownership rights.
How Metahero Works
The Metahero ecosystem revolves around its 3D scanning booths located in strategic locations worldwide. Users step into these booths to create a high-fidelity avatar that can be stored on the blockchain. Here’s a simplified breakdown of the process:
Step 1: Scanning: Users enter a Metahero scanning booth, where multiple cameras capture their 3D image from every angle.
Step 2: Avatar Creation: The raw scan data is processed and converted into a 3D avatar using advanced software. This avatar can then be exported for use in compatible metaverse environments.
Step 3: Transactions with HERO: To finalize the scan or to acquire any digital asset, users pay with the HERO token.
Metahero Token (HERO) and Its Role in the Ecosystem
The HERO token is an integral part of the Metahero ecosystem. It enables transactions within the platform and ensures that users can purchase, sell, and trade 3D avatars and other digital assets seamlessly. HERO is also traded on major cryptocurrency exchanges, allowing investors to support the project directly.
The token has been designed with a deflationary model, meaning a small percentage of HERO tokens are burned with each transaction, reducing the overall supply and potentially increasing the token’s value over time.
Metahero’s Place in the Metaverse
As the metaverse continues to expand, Metahero offers a unique proposition by focusing on ultra-realism. The ability to create digital identities that closely resemble real individuals has applications in gaming, social media, virtual events, and e-commerce. By providing a way to bring real-world assets into the digital realm, Metahero enhances the value of virtual experiences and broadens the scope of what can be achieved in the metaverse.
Future Prospects and Roadmap
Metahero is committed to expanding its ecosystem by deploying more scanning booths worldwide and forming partnerships with leading metaverse and gaming platforms. As the metaverse continues to mature, Metahero’s high-quality avatars are likely to be in high demand for users who want a digital presence that mirrors their real selves.
In the world of blockchain technology and the metaverse, Metahero stands out as a project focused on creating a truly immersive digital experience. With its HERO token fueling a dynamic ecosystem of 3D avatars and digital assets, Metahero is poised to play a significant role in shaping the future of the metaverse. Whether you’re an investor, a metaverse enthusiast, or simply curious about the next frontier of digital interaction, Metahero is a project to keep an eye on as the boundaries between reality and the virtual world continue to blur.
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The launch date for Google’s Gemini 2.0 model has been officially announced, creating excitement in the tech community. After introducing its first version last December, Google is set to release Gemini 2.0 this December, aiming to expand its user base and deliver enhanced capabilities.
Gemini 2.0: Details Awaited as Performance Expectations Rise
Gemini 2.0 follows the initial Gemini 1.0 and its various iterations: 1.0 Pro, integrated with Bard, the Nano model included in the Pixel 8 Pro, and the 1.0 Ultra, which launched on Gemini Advanced in February. Gemini 2.0’s release will occur after the February launch of Gemini 1.5.
Reports suggest that while Google aims for Gemini 2.0 to deliver improved performance, initial evaluations indicate that the advancements may be modest, a challenge faced by other companies developing large models. Additionally, the launch of Project Astra is anticipated to add camera and visual enhancements to Google’s Gemini Live platform.
Meanwhile, OpenAI is also set to unveil a new model in December, though specific details remain under wraps.
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Microsoft’s Potential Bitcoin Investment Sparks Debate for December Shareholder Meeting
A noteworthy development has emerged regarding US-based tech giant Microsoft. The company has revealed plans to discuss Bitcoin investments at its upcoming shareholder meeting on December 10, 2024. While Microsoft’s Board of Directors has shown reservations about the idea, investor perspectives on this topic are also of high importance and could shape the final decision.
According to a recent filing submitted to the U.S. Securities and Exchange Commission (SEC), Microsoft will address several agenda items at the meeting, one of which includes a proposal for investing in Bitcoin. The idea stems from the recommendation of a think tank that believes in Bitcoin’s potential for financial resilience.
Why Is Microsoft Considering Bitcoin?
Supporters of the Bitcoin investment proposal argue that Bitcoin could serve as a hedge against inflation, helping Microsoft to protect its assets from inflationary pressures. They see Bitcoin as an exceptional investment tool with potential benefits for Microsoft’s long-term financial strategy.
However, the Board of Directors has expressed skepticism, labeling the proposal as “unnecessary.” According to Microsoft executives, the company already evaluates a variety of investment avenues, which include but are not limited to Bitcoin. The shareholder meeting on December 10 will shed light on whether investors’ voices will influence Microsoft’s stance on Bitcoin.
This decision could mark a significant shift in Microsoft’s investment strategy if shareholders advocate for it.
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Published: October 25, 2024 at 3:00 pm Updated: October 25, 2024 at 11:39 am
by Ana
Edited and fact-checked:
October 25, 2024 at 3:00 pm
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
In Brief
Binance’s latest paper explores the impact of spot BTC ETFs on market demand, liquidity, and adoption trends, revealing their significant influence on the market supply.
Examining these dynamics, the latest Binance paper, “Spot ETFs in Crypto Markets,” describes how spot BTC ETFs affect market demand, liquidity, and adoption trends.
Major capital has quickly poured into spot bitcoin exchange-traded funds, with holdings already totaling over 938,700 BTC, or over $63.3 billion. This number, which amounts to almost 5.2% of the entire supply of Bitcoin, highlights the extent to which spot BTC ETFs are influencing the market. Large net inflows of over 312,500 BTC support this demand, demonstrating the function of these ETFs in promoting consistent demand and lowering market supply.
As part of a larger trend toward securitizing digital assets, spot Bitcoin ETFs have been introduced, making them more accessible to investors who would otherwise prefer to interact with cryptocurrency through conventional financial instruments.
With ramifications for price dynamics and liquidity, the magnitude of these inflows demonstrates that spot BTC ETFs are more than just financial instruments; they are increasingly playing a key role in the structure of the Bitcoin market. Although the ETF mechanism is not new to the financial industry, its use in the cryptocurrency field has revealed demand levels that surpass even those of the first gold ETFs, indicating that Bitcoin ETFs have a distinct appeal.
ETF Divergence and Comparison with Gold ETFs
Gold ETFs, which are seen as more stable and have set a pattern for asset-backed funds in the past, grew very modestly in their early stages, drawing just around $1.5 billion over a similar period of time. However, in less than a year, BTC ETFs have amassed almost $18.9 billion, demonstrating the increased interest in Bitcoin as a hedge against wider economic volatility as well as a speculative asset. Remarkably, although just 95 institutions invested in gold ETFs in their first year, over 1,200 institutions have already invested in bitcoin ETFs.
However, Ethereum (ETH) ETFs have not been as successful as Bitcoin ETFs. Ethereum ETFs have had withdrawals of almost 43,700 ETH, or $103.1 million, according to the Binance data, with negative flows occurring in eight of the first eleven weeks.
With Bitcoin becoming a more popular digital asset for ETF investments, this disparity between BTC and ETH ETFs points to a shift in investor interest and market sentiment. Bitcoin’s status as the first cryptocurrency and its reputation as a digital store of wealth may be contributing factors to this trend since it appeals to more cautious investors.
Institutional and Non-Institutional Investors’ Contribution to the Growth of Bitcoin ETFs
The involvement of both institutional and non-institutional investors has greatly aided the growth of spot BTC ETFs. Strong interest in these products has been shown by non-institutional investors, who make up around 80% of demand. Retail investors and individual traders that prefer the ease of getting Bitcoin exposure through ETFs rather than personally managing wallets, keys, and exchanges make up this investment base.
There has also been a noticeable increase in institutional investment in Bitcoin ETFs. Due mostly to financial advisers, whose Bitcoin holdings surged by 44.2% to reach 71,800 BTC, institutional holdings have grown by almost 30% since Q1. The move toward more regulated and controlled access to digital assets is reflected in institutional investors’ slow acceptance of Bitcoin ETFs.
However, it is anticipated that a full-scale institutional adoption involving banks, consulting services, and broker-dealers would be a slow process that takes years to complete. Such a shift may make Bitcoin and other digital assets more widely accepted by bringing them into the mainstream of international financial markets.
Bitcoin’s Convergence with Traditional Finance (TradFi)
The Binance study highlights a noteworthy trend: the growing link between Bitcoin and conventional financial assets, namely the S&P 500 index. This increasing link, which has been stronger since the beginning of 2024, points to a change in how investors see Bitcoin. Bitcoin is now seen as both a risk-on asset and a hedge against macroeconomic uncertainty, whereas before, it was thought to be mostly uncorrelated. This dual role is a reflection of investors’ changing perceptions, as many now view Bitcoin as both a growth-oriented asset and a possible buffer during periods of market volatility.
Both market stability and investment methods are impacted by Bitcoin’s convergence with traditional finance. As the cryptocurrency market starts to act more like other well-known asset classes, for example, the stronger connection with stocks may indicate that the market is maturing. Furthermore, the interaction between conventional financial assets and digital currencies is anticipated to intensify as institutional players devote higher percentages of their portfolios to BTC ETFs, therefore reinforcing Bitcoin’s place in conventional investing frameworks.
The Impact of Spot BTC ETFs on Market Volatility and Efficiency
In addition to creating direct demand for Bitcoin, spot BTC ETFs have had a major impact on the cryptocurrency market overall through second-order impacts. Spot BTC ETFs make up an average of 26.4% of Bitcoin’s spot trading volume, with occasional peaks of 62.6%, according to the Binance report. Due to the ETF mechanism’s introduction of a more controlled form of demand for Bitcoin, this sizeable proportion has helped to improve market efficiency and lower volatility. These ETFs’ reliability can sustain more consistent price patterns, drawing even more traders to the market.
Venture capital is becoming more interested in spot BTC ETFs due to their liquidity, which allows for a broader market inclusion that goes beyond Bitcoin to include a range of blockchain-native assets. The market may become more stable and liquid as a result of this expanding on-chain presence, which is being driven by ETF demand both directly and indirectly. For instance, the greater legitimacy and liquidity offered by spot BTC ETFs may spur new development in the tokenized RWA space.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.
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Victoria d’Este
Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.
Published: October 25, 2024 at 8:11 am Updated: October 25, 2024 at 8:11 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
Texas, the foremost mining epicenter in the United States, has historically been a strategic cornerstone for Bitmain’s relentless pursuit of mining dominance. However, a stunning reversal has occurred as all of Bitmain’s air-cooling miners, particularly the prestigious Antminer S19 series, have been compelled to cease operations in Texas. The official evaluation is unequivocal: Texas’s extreme climatic conditions, characterized by soaring heat and oppressive humidity, are deemed inimical to the effective functioning of air-cooling antminers.
The maintenance predicament within the Antminer S19 series operating in Texas is stark. Units in optimal condition face a 40% repair rate, while those in suboptimal condition experience a staggering 100% repair rate. This led to the gradual withdrawal of the Antminer S19 series from Texas shelves in mid-June this year, coinciding with a notable decline in the network’s overall hash rate around June 16th.
At the heart of this issue lies severe corrosion within the hashboards of the Antminer S19 series, particularly the S19K Pro model. The stark contrast in coloration between the air inlet side and the rest of the hashboard is a tangible manifestation of this corrosion, which has been exacerbated by the harsh Texas weather.
Upon closer scrutiny, it becomes evident that this predicament stems not merely from environmental factors but from the inherent design flaws of Bitmain’s miners. The continued use of compact heat sinks, while effective for thermal dissipation, has proven to be a double-edged sword under certain conditions.
The Bitmain’s Antminer S19K Pro, in particular, adopts a heat dissipation structure reminiscent of the two-sided small radiator of the Bitmain’s Antminer S17, which, under certain circumstances, has proven to be highly susceptible to damage. These circumstances include:
Firstly, Transportation Vulnerabilities:
The small radiator’s sensitivity to vibrations makes it prone to dislodgement during transit, especially under bumpy conditions or inadequate packaging.
Secondly, Rapid Temperature Fluctuations:
As evidenced by the Bitmain Antminer S19K Pro’s fluctuating hashrate and increased power ratio with rising ambient temperatures, its small heat capacity exacerbates the impact of rapid temperature changes. This can lead to damage even in the absence of extreme conditions.
Thirdly, Moisture-Induced Chip Cracking:
After shutdowns spanning a few days, the limited protection offered by the small radiator leaves the chip vulnerable to moisture absorption, which can cause cracking upon restart.
In conclusion, Bitmain’s Antminer S19 series has encountered a formidable challenge in Texas’s unforgiving climate, revealing the limitations of their current design approach. As the mining industry continues to evolve, it will be imperative for Bitmain and other manufacturers to adapt their designs to withstand the rigors of varying environments, ensuring reliability and longevity amidst the relentless pursuit of mining dominance.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
In the world of cryptocurrency and NFTs (Non-Fungible Tokens), the term Diamond Hands has become a popular phrase among investors and enthusiasts. It represents a steadfast commitment to holding an asset regardless of market volatility or price dips. Let’s dive deeper into what Diamond Hands means, its significance in the crypto community, and why it’s especially relevant to NFT collectors.
What Does Diamond Hands Mean?
The term Diamond Hands refers to the metaphorical idea of holding onto an investment through thick and thin, much like the resilient nature of diamonds. When someone has Diamond Hands, they are determined to hold onto their crypto or NFT assets without selling, even during significant market downturns. In contrast, Paper Hands describes those who sell at the first sign of market fluctuation.
In the NFT market, having Diamond Hands implies a belief in the long-term value and rarity of a digital asset. Whether the asset is an NFT artwork, a digital collectible, or part of a blockchain game, those with Diamond Hands believe in the project’s potential and are willing to hold their investment indefinitely.
Why Diamond Hands is Important in the NFT Market
The NFT market is known for its volatility, with prices that can rise or fall dramatically in a short period. NFT enthusiasts with Diamond Hands are often seen as loyal supporters of projects, helping to stabilize the market and instill confidence among other holders. Here are a few reasons why Diamond Hands is essential in the NFT space:
Market Stability: Those with Diamond Hands contribute to market stability by holding assets through market lows, which can prevent a rapid sell-off.
Community Strength: Diamond Hand holders are often highly valued within NFT communities. They support projects not just financially but also by creating a solid fan base and showing long-term commitment.
Rarity and Value: The scarcity and value of NFTs can increase over time, especially if the project grows in popularity. By holding onto their NFT assets, Diamond Hands investors contribute to the perception of scarcity, potentially boosting the overall value of the collection.
Diamond Hands vs. Paper Hands: The Risk vs. Reward
While Diamond Hands may seem ideal, it isn’t without its risks. In a market as unpredictable as cryptocurrency and NFTs, holding onto an asset too long can lead to missed opportunities or losses. Here’s a comparison of Diamond Hands vs. Paper Hands in terms of risk and reward:
Diamond Hands: High reward potential but comes with the risk of holding assets during prolonged market declines.
Paper Hands: Reduced risk of losing all investment during a dip but also a higher chance of missing out on gains when the market recovers.
The decision to adopt a Diamond Hands or Paper Hands approach ultimately depends on an investor’s personal risk tolerance and long-term goals in the NFT market.
Benefits of Having Diamond Hands in the Crypto World
Holding NFTs with Diamond Hands provides a range of advantages, including:
Potential Long-Term Gains: As demand grows, NFTs that are held for long periods can experience substantial price increases.
Community Respect: In the crypto and NFT communities, those with Diamond Hands are often celebrated for their loyalty and belief in the project.
Exclusive Perks: Some NFT projects reward loyal holders with exclusive airdrops, access to community events, or special releases, making Diamond Hands a potentially lucrative approach.
In summary, Diamond Hands has become a symbol of resilience and dedication within the NFT and crypto worlds. This approach isn’t for everyone, as it involves a high level of risk tolerance and patience. However, those who maintain Diamond Hands can potentially reap the rewards of their steadfast loyalty, not just financially but also through the sense of community and exclusive opportunities.
Whether you’re a seasoned NFT investor or just starting, understanding the concept of Diamond Hands can help you make better-informed decisions and become a valued member of the NFT community. Remember, while Diamond Hands can be rewarding, it’s essential to evaluate the risks and have a clear strategy before committing to this approach in the dynamic world of NFTs and crypto.
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As the U.S. prepares to elect its next president in just two weeks, trends in the crypto markets appear to be leaning in favor of Trump. This shift, particularly visible in crypto-based prediction markets like Polymarket, has drawn attention due to the substantial investment from a prominent French investor. Known for his crypto-friendly stance and his promise to replace the current SEC chairman, Trump has garnered notable support within the crypto industry.
Polymarket and the Role of the Investor
In the lead-up to the election, there has been a marked shift in favor of Trump on Polymarket. The platform has observed that this trend was significantly influenced by a large investment from a French investor. According to a statement from Polymarket, the investor’s actions are based solely on his personal views and are not an attempt to manipulate the market. “After investigating, we have concluded that this user did not attempt to manipulate the market,” Polymarket officials stated, emphasizing that the investor acted freely within market conditions.
Anticipated Changes in the Crypto Industry
Trump’s reputation as a crypto-friendly candidate has earned him support in the crypto sector. Brad Garlinghouse, CEO of Ripple ($0.528099), has publicly backed this view. During DC Fintech Week in Washington, D.C., Garlinghouse remarked that the U.S. is on the brink of a crypto transformation and that the election will be pivotal in shaping this evolution. He noted that a victory for either Trump or Democratic candidate Kamala Harris would signify a “break from the Biden administration’s failed crypto policies.” Commenting further, Garlinghouse stated, “Kamala Harris is from Silicon Valley and generally has a pro-tech stance. Regardless, a reset is likely after the election.”
While recent polls place Harris ahead of Trump by a narrow 1.8% margin, crypto-centered forecasting platforms like Polymarket show a contrasting trend in Trump’s favor. Industry supporters anticipate that crypto regulations under a Trump administration could have positive effects on the sector.
Potential Changes in Crypto Following the Election
The U.S. election is expected to catalyze significant shifts in the crypto markets. As Garlinghouse suggested, a restructuring of crypto policies appears likely, no matter the outcome. Industry investors and leaders hope that future regulatory frameworks will be more supportive of crypto.
With this pivotal election, many believe a new era may soon begin in the crypto world.
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Google uses watermarks to differentiate between AI-generated and human-generated text. As generative AI advances, major tech companies are developing tools to identify AI-produced content. One such tool, Google SynthID, incorporates a digital watermark to help recognize text created by public AI models. Additionally, SynthID TexT is being released on Hugging Face and will be part of the Responsible GenAI Toolkit. In an official statement on the company’s X account, Google announced: “We are making the SynthID TexT watermarking tool open-source. This will enable developers and businesses to better identify content that is freely available and AI-generated.”
How does SynthID TexT work?
Artificial intelligence models rely on token distribution to process and generate text. Google’s new technology operates on the principle of matching text with tokens. SynthID TexT, part of this system, creates patterns based on possible word formations and marks outputs according to these patterns. Google acknowledges that this technology has limitations, particularly when dealing with short texts, translated or paraphrased content, and knowledge-based articles, where its accuracy may decrease.
This technology has now been integrated into Google’s Gemini models. In regions like China and California, AI output marking technologies, such as SynthID TexT, have become mandatory. With the adoption of similar regulations in other areas, AI detection markers are expected to become more widely used globally over time.
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I had a pleasure to visit Aberdeen, Scotland last week and speak at Scottish Summit 2024 community event. This marks my fourth in-person Scottish Summit ( 3 x the actual Summit in Scotland and one Summit on Tour at Manchester, England) where I have spoken at. It is a wonderful conference to come back to, as the vibe is great and organizers put effort to create the event that has fun, knowledge, expertise and everyone is welcome. Of course I do love to visit Scotland for other reasons also, as it gives me a great chance to enjoy the view there and make a visit to a whisky distillery – and in Scotland you can find one almost nearby everywhere. But the main focus is the event and the highlight is delivering my session to the people in the room.
It is an awesome feeling to walk to the venue and hear bagpipe and drummer playing the theme!
Before going to my session, I have to highlight the opening keynote by Scott Hanselman, and the closing keynote by Dona Sarkar. Both were extremely good, filled with great information and also fun! That made them really captivating to follow and listen. And from those, we know more about the LLM, Copilot and that the Purview and (ir)Responsible AI are always watching! Pay attention to Scottish Summit YouTube, I think keynotes might show up there later.
This time, my topic was Supercharging Your Teams Meetings Game.
As the name implies, I was showing what can be done in Teams Meetings and how its vast number of features can be utilized to make your meetings better, more productive or just more versatile. And since it is me, we were talking about live demos showing various capabilities – and it looked like that everyone who attended my session learned something new. I am a bit proud about that, as there were fellow MVPs in the room who are also heavy Teams users and know lots of its features.
I started with a bit of building blocks, that all bring in features you can use in Teams meetings. Naturally the Teams Core is what most of the people use, and there are great capabilities already in there. But adding Teams Premium you can get to the next level quite easily (assuming you do need those features often enough), and adding Microsoft 365 Copilot you get the AI assistant to your meetings who can help (today) to create meeting notes, answer questions about the meetings and when used cleverly it can help you big time. And we haven’t yet seen the Copilot as a meeting participant (announced at Build 2024), which will be adding even more to its usefulness. Finally adding other meeting add-ons and Copilot for Sales you get pinpointed benefits. All these together can power up your meetings quite a lot. However, this doesn’t mean that you will be just buying everything and thinking it will make your meetings perfect.. Nope. You need to be aware what and where to use, in which kind of meetings to be able to select perfect building blocks to your meeting instance to match your needs. Don’t just add everything on, because it is there..
Here is a portion of demos I was showing in the Scottish Summit 2024. Some of these are not new, but something I have noticed people don’t really know about it – or don’t remember to use it:
Meeting Agendas ( Loop components). Yes, you do want to easily editable meeting agendas & notes. Start sharing the awareness about these, as Loop is the thing and we will be Looping a lot more every month.
Meeting Theme (Teams Premium). Yes, you can brand your meetings, all it takes is that the meeting organizer has the Teams Premium license and everyone in the meeting can enjoy about the brand.
Green Room. This is very useful if you want presenters to meet before the meeting and do sound checks, test sharing etc. This is in Teams Core, and you find it in meeting options.
Live Captions with spoken language captions. Yes, in Teams Core.
Voice Isolation (Teams Core). Once you create your voice profile with Teams (via Settings / Recognition), you can turn on voice isolation which drops off other voices but your own. For example if you are in a busy cafe or office, people online won’t be hearing other speaking – only you. Teams Core. Btw, this voice enrollment will be on by default starting January 2025. Now admins need to turn it on, but if you don’t want it on: admins should set up the new policy to turn it off.
Live Translation (Teams Premium). It always creates an effect, when I speak in Finnish and audience can read subtitles in English. No, not perfect but many multi-national/cultural organizations benefit of this!
PowerPoint Live. Not really something new, but I have seen too many screen shares to show a PowerPoint presentation.. It is a really good one, and in Teams Core. Cameo (yes, it is still there!), slide translations, zooming, inking and more..
Did you knew you can add a Shared Display, that displays the content and participants (or meeting chat) – and it automatically uses the second display to show it? I admit, the automatic use of the second screen was a surprise to me as well – everyone learned something during my session! (including me)
Remember the meeting Agenda? During the meeting you can open it via Notes. And you can also add these notes to a Loop Workspace via … menu. That way you can organize project meeting notes to a same place where team members can find them.
There are new Meeting Options also, some of these require Teams Premium.
Whiteboard and annotating the screen during the meeting. You may want to check these out. Yes, there are also the Copilot in Whiteboard to help you out to facilitating workshops.
Microsoft Mesh. You can use Mesh in Teams Core to change your meeting to immersive 3D experience – just change the view! There are already a new scene to use ( Workshop) and soon there will be an another one. Mesh is easy to use, and the change of view can help to boost up some of your meetings. Don’t try to use Mesh for every meeting – it will just fail. But when your focus is more on talking, ideating, small group talks, or just want a new view.. Mesh can be the feature you want to use. No, you don’t need a headset – I run demos from my laptop screen directly. There are great features like a personal stage, that can bring the shared content close to you – no matter where in the space you are.
And that wasn’t all! If you attended, you know what else was there. I did run a bit out of time a bit as I was in the flow of showing and talking the fun you can do with Teams meetings, so I had to wrap up the session quite fast. 45 mins goes so fast when having fun.
As I anticipated I would not have time to show these slides during my session, I intended these as takeaways for attendees, to have something to take with them and start to think how to supercharge their Teams meetings when they get back to work from the Summit.
Then I did share a few selected items from the roadmap, related to Teams meetings. And I just noticed that I did have the enrollment defaulting to on at two slides. It is a big deal to some organizations to be aware about this change!
And as usual.. Teams roadmaps do live. So, it won’t be the first nor last time when features get a new estimate at the roadmap. Keep in the mind, that the roadmap schedule is just the best estimate, team has at the moment, when the feature will be rolled out. So, it can change but it is still a good indication of what is in the radar.
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Published by Vesa Nopanen
Vesa “Vesku” Nopanen, Principal Consultant and Microsoft MVP (M365 and AI Platform) working on Future Work at Sulava.
I work, blog and speak about Future Work : AI, Microsoft 365, Copilot, Microsoft Mesh, Metaverse, and other services & platforms in the cloud connecting digital and physical and people together.
I have about 30 years of experience in IT business on multiple industries, domains, and roles.
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The concept of a Metaverse has captured the imagination of tech founders and investors alike. Several startups are leveraging blockchain technology to build decentralized virtual worlds and economies that are open, inclusive, and interoperable. Their vision is a Metaverse where users truly own their digital assets and data, without centralized control. Blockchain enables this through decentralized identifiers, non-fungible tokens (NFTs), and smart contracts that govern interactions. This promises to empower users, creators, and businesses in the Metaverse.
While still in their early stages, new projects demonstrate the potential of integrating blockchain into virtual realities to create more trustless, transparent, and equitable digital worlds. As Metaverse technologies advance rapidly, nimble startups are poised to shape the future of this emerging space through decentralized, community-owned designs built on the foundations of blockchain.
1. Vegavid
Vegavid Technology is a leading metaverse startup. The company focuses on creating innovative virtual reality and augmented reality solutions. Vegavid aims to bring online and virtual experiences closer to real-world sensations. Vegavid’sproducts and services allow users to enjoy extraordinary experiences across virtual worlds. They develop applications for gaming, medicine, education, and business collaboration in the metaverse.
Vegavid utilizes blockchain, augmented reality, and non-fungible tokens (NFTs) to realize this vision. They are creating 3D virtual environments and assets represented by NFTs that users can own, collect, and trade. Using NFTs gives users true ownership over their virtual possessions and identity within the metaverse. The metaverse developed by Vegaviditself will be community-owned and decentralized, built on blockchain technology for transparency and trust.
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2. PlayersOnly
PlayersOnly is a blockchain-based media and entertainment company building a virtual world for athletes. Athletes can leverage PlayersOnly to engage with fans through unique virtual experiences. Player’s build “player versus” – personalized virtual spaces featuring non-fungible tokens (NFTs) and other exclusive digital content. Fans enter these player verses to interact directly through avatars, play mini-games, and buy authenticated digital goods.
PlayersOnly mints and manages NFT collections for athletes that fans can purchase using $PO tokens – the company’s cryptocurrency. PlayersOnly aims to reshape how fans consume information and digital goods from their favorite athletes through immersive experiences and tokenized commerce in a metaverse environment. The startup employs blockchain technology to authenticate and transfer tokenized assets as well as enable self-sovereign identity for their decentralized metaverse.
3. Enjin
Enjin is a blockchain gaming company that aims to bring easy tokenization and monetary systems to virtual worlds. Enjin created its own ERC-20 cryptocurrency called Enjin Coin which is used as in-game currency. Game developers integrate Enjin’s software development kit (SDK) to enable features like stored value tokens, item rarity, tradable digital assets, and crypto payments in their games. Players can convert Enjin Coin to branded tokens inside compatible games which can represent virtual game items.
The tokens can be traded, sold, or taken back to Enjin Coin. Enjin’s goal is to make blockchain game economies as easy to implement, use and regulate as traditional ones. By deploying these economies of tradable digital assets, game developers hope to increase player engagement and monetization. The company promotes tools like its non-fungible token (NFT) SDK and blockchain multicurrency wallet to power the economies of metaverses and virtual worlds.
4.Axie Infinity
Axie Infinity is a Pokémon-inspired universe where players raise, breed, battle, and collect story-driven NFT creatures called Axies. Axies are ERC-721 tokens minted on the Ethereum blockchain, giving each one a unique identity and ensuring ownership. Players use an in-game currency called Smooth Love Potion (SLP) to breed new Axies. SLP can be earned through playing the game, completing quests, or trading and is a fungible token on the Ronin blockchain specialized for Axie Infinity.
The game combines fun turn-based battles with cryptocurrency rewards to create a profitable, gamified economy. Axie Infinity aims to offer more revenue-generating opportunities for players than traditional gaming by employing NFTs and tokens on a purpose-built blockchain. The game’s economy is owned by its community and not a single company, thanks to the decentralized nature of blockchain technology.
5. GuildFi
GuildFi aims to help virtual guilds flourish within metaverses by bringing decentralized finance to guild management. Guilds are groups of players that form communities within virtual worlds. GuildFi wants to provide guild leaders with intuitive DeFi tools to manage treasuries and reward systems, motivate and compensate members, and fund operations. The platform allows guild leaders to issue cryptographic tokens that represent membership and governance within the guild.
Members can contribute to the guild treasury in exchange for these tokens, which entitle them to a portion of proceeds from guild activities. Using smart contracts, guild leaders can set up rewards programs, fund raids, and competitions, and distribute profits automatically based on tokens held. Guilds using GuildFi have access to DeFi services like lending, borrowing, staking, and yield farming all within the platform. The startup believes blockchain-based tokenized economies will empower virtual guilds to grow, motivate members, and align incentives within metaverse games.
6. Supersocial Inc.
Supersocial aims to build the foundation for an open and creator-first metaverse economy. They are developing a decentralized social networking protocol where users control their data and digital identity. Their technology allows for the seamless integration of NFTs and token-gated content across decentralized applications. Their vision is for an open metaverse where creators can monetize their content directly without centralized intermediaries, using tools like NFT drops, tradable digital items, cryptocurrencies, and DAOs (Decentralized Autonomous Organizations).
Creators can launch their own virtual spaces within Supersocial, offering branded tokens and NFT collections to reward fans and fund their visions. Supersocial wants to move past today’s “walled garden” social platforms by leveraging blockchain technology to enable peer-to-peer transactions, self-sovereign identity, token-gated communities, and interoperability between metaverse virtual spaces. The startup ultimately aims to empower creators and users to own their data, digital items, and identities within a fairer metaverse economy.
Supersocial is building a decentralized social networking protocol and foundation for an open metaverse. Using blockchain and cryptocurrency, the startup aims to enable creators to directly monetize their content and audiences within the metaverse through tools like NFTs, tokens, DAOs, and tradable digital items.
7. Ikonz
Ikonz aims to build the world’s first hyper-realistic 3D metaverse. Their focus is on creating highly lifelike avatars, graphics, and virtual spaces. They see the metaverse as the next evolution of the internet – a 3D virtual world where people can engage in a variety of activities through their virtual selves. Ikonz’s metaverse leverages blockchain technology to enable token-gated content and communities as well as create unique tradable digital assets for users like avatar skins and virtual accessories.
Users can purchase land parcels – represented as NFTs – to build their own virtual spaces within the metaverse. Ikonian Credits, the platform’s native cryptocurrency, is used to reward creators, facilitate transactions and provide interoperability. Ikonz aims to differentiate their metaverse by focusing on photorealism, interpersonal connections, and creating a virtual world that behaves and feels like our physical world. The startup believes blockchain coupled with its advanced graphics technology will empower users to truly own their digital identities and items within their hyper-realistic metaverse.
8. Next Earth
Next Earth is building an exact digital replica of Earth on the blockchain. Their vision is a fully decentralized metaverse where users own their virtual land and assets. Next Earth’s Earth NXTToken powers transactions within the metaverse, while NXTToken holders govern the platform through a DAO. In Next Earth, users can purchase land parcels represented as NFTs. They can develop their plots by building structures, planting trees, or adding other virtual elements. Users can also create avatars to explore the metaverse, interact with others and generate value from their virtual land holdings.
Next Earth aims to replicate important aspects of reality like day/night cycles, seasons, and weather to create an immersive virtual world experience. The startup believes its decentralized approach and reliance on NFTs and DAOs can empower participants to truly own and govern a recreation of Earth within the metaverse. By leveraging blockchain technology, Next Earth hopes to offer greater utility and value to metaverse real estate compared to today’s centralized virtual worlds.
9. MixMob
MixMob is a Metaverse and AR startup focused on tokenizing offline activities and turning real-world experiences into tradable non-fungible tokens (NFTs). The company helps businesses like event organizers, attraction parks, gyms and studios mint NFT tickets and membership passes that can be resold, traded, or used as loyalty points. For example, a concert NFT could grant access to a show while also giving the holder a share of the revenue from future ticket sales on the secondary market.
MixMob’s platform issues the initial NFTs and then manages the entire lifecycle using blockchain – from validation and use to resale and revenue distribution. The startup sees this as a way to build more engaged, loyal customer bases for businesses while giving consumers ownership over their experiences. By connecting the physical world with blockchain technologies, MixMob believes it can transform how customers interact with the establishments they frequent. The company’s vision is a user-owned Metaverse where real-world activities and memories are tokenized as digital assets that people truly own.
10. Landindex
Landindex is a database and discovery platform for virtual worlds that leverage blockchain technology. Landindex aims to create an open Metaverse by connecting different decentralized virtual environments. It helps users discover, evaluate and invest in virtual land and other digital assets across multiple Metaverses. Landindex currently tracks over 30 virtual worlds with blockchain-backed lands like Decentraland, Somnium Space, Cryptovoxels, The Sandbox, Axie Infinity, and Upland. For each world, Landindex provides information on land and asset stats, recent transactions, sales volumes, and price indexes.
Using Landindex, investors can research different virtual property markets, compare valuations and opportunities, and stay up to date on the latest news. Landindex also seeks to foster interoperability across Metaverses by creating universal identifiers for virtual land that can be recognized across platforms. Ultimately, Landindex aims to build an open, interconnected Metaverse economy where users can easily move assets between different virtual environments. By mapping the blockchain metaverse, Landindex hopes to accelerate innovation, liquidity, and the adoption of decentralized virtual worlds.
11. Upland
Upland is a blockchain-based Metaverse where users can buy, sell and develop virtual properties. It combines aspects of gaming with real estate investing and transacting. Players create avatars that can acquire properties like land parcels, cars, and billboards throughout 10 different cities in Upland. All property deeds are minted as non-fungible tokens (NFTs) on the EOS blockchain, giving players true ownership. They can develop their properties to increase their value, and then trade them with other players using UPX – the Upland currency. Property data like location, size, and rent prices determine value.
The game aims to simulate the real world, offering both risks and rewards to players. The economy and all transactions are decentralized and managed by the blockchain. Upland sees itself as a “decentralized Metaverse” that empowers players through property ownership secured by NFT technology. The project demonstrates how blockchain principles of decentralization, transparency, and trust can be applied to virtual economies within the Metaverse.
Conclusion
The startups discussed to show how blockchain technology can help build more equitable, open, and liquid Metaverses. While significant challenges around scalability, interoperability, and regulation remain, the principles of decentralization, transparency, and digital ownership enabled by blockchain align well with the vision of a fair and inclusive Metaverse that empowers users.
With continued innovation by these startups and wider adoption of their platforms, we may start to see the Metaverse become a reality that enables users to truly own their digital assets, identities, and data within thriving tokenized economies. Improved considerably from today’s predominantly centralized virtual worlds. As blockchain technology advances further, it has strong potential to reshape how we experience the Metaverse of the future.
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