Curated News
By: NewsRamp Editorial Staff
April 02, 2024
Virtual Society Foundation Launches to Create Open and Unified Metaverse
TLDR
- Improbable's Virtual Society Foundation has plans to establish an open metaverse, offering a competitive advantage in the digital landscape.
- The foundation will utilize blockchain technology to create a unified and open metaverse, ensuring interoperability and seamless digital interactions.
- The foundation aims to create a vibrant creator economy and abundant opportunities for imaginative individuals, ushering in a new era of digital interaction and creativity.
- Improbable's Morpheus technology has facilitated high-density social interactions in virtual spaces and powered massive social experiences, including official virtual ballparks and concerts with Kpop musicians like TWICE.
Impact - Why it Matters
The launch of the Virtual Society Foundation and its mission to establish an open metaverse ecosystem signifies a significant shift in the digital landscape. This development has the potential to empower creators, enhance user experiences, and create new opportunities for digital interaction and creativity. By promoting transparency and inclusivity, the foundation's approach challenges the control of mega-corporations, offering a more community-driven vision for the future of online interaction.
Summary
The Virtual Society Foundation, initiated by Improbable and funded by MSquared, announces its launch with plans to establish an open metaverse using blockchain technology. The foundation aims to create a vibrant creator economy and interconnected metaverse ecosystem, promoting seamless interoperability of avatars and digital assets. Backed by strategic partners, VSF emphasizes inclusivity and collaboration in building the metaverse network.
Source Statement
This curated news summary relied on content disributed by BlockchainWire. Read the original source here, Virtual Society Foundation Launches to Create Open and Unified Metaverse
