Tag Archives: Virtual reality

13Jul/22

Startups eye metaverse, NFTs, to solve Africa’s economic woes

Innovation, , , , , , , , , , , , , , , , ,
  • Startups target unemployment and governance issues
  • Founders launch virtual African nation, marketplace
  • Critics fear replication of continent’s inequalities

By Kim Harrisberg

JOHANNESBURG, July 13 (Thomson Reuters Foundation) – It might sound like science fiction, but a Nigerian-born tech entrepreneur thinks he has found a way for Africans to escape problems like inequality and bad governance – a virtual nation born online.
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09Jul/22

80% of people feel more included in the metaverse than in real life

Internet, , , , ,

Metaverse discussions about creating virtual worlds consume the plans of many fashion, automotive and retail brands. However, the human side of consumer activities in the metaverse have not been a significant part of the dialogue. A global study by Momentum Worldwide, metaverse partners to the American Association of Advertising Agencies (4As), found that 80% of people feel more included in the metaverse than in real life. Consumers are now looking to the metaverse to fill three core aspects of life—inspiration, individuality and inclusion.  Continue reading