COMING to you every Sunday, 24/7 Crypto will help you keep track of every important news story that happened this week in the metaverse.
Snoop Dogg and Eminem turn into Bored Apes in new music video
Snoop Dogg and Eminem released a new music video featuring animated versions of their Bored Ape Yacht Club (BAYC) avatars.
The song is called “From The D 2 The LBC”.
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Mark Zuckerberg presented Meta Pay – the new wallet of the metaverse
Mark Zuckerberg, CEO of Meta, presented Meta Pay this week, the new wallet of the metaverse that will replace Facebook Pay.
Facebook Pay is a payment platform that was launched at the end of June 2020, to allow users to make payments on Meta’s social networks including Messenger, Instagram, WhatsApp and Facebook.
Meta Pay works as a tool that unifies payments, so users don’t need to close their apps when making transactions.
Meta Pay is built “on top of an existing financial infrastructure,” so they can communicate directly with other payment processors such as Stripe and Paypal.
Stephane Kasriel, head of commerce and financial technologies at Meta, said they were focused on improving the payment experiences offered by the platform.
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Meta partners with BMW-owned Mini and Fender
The collaboration between Meta and Mini and Fender will feature experiences built within Meta’s metaverse platform Horizons.
The experiences are available to users with a Meta Quest 2 headset in the UK, US and Canada.
Meta aims to replicate the experience of driving a Mini and bring a “first of its kind co-play audio experience to create original music riffs” in order to show branded content to a new audience in the metaverse.
Meta, Microsoft, PlayStation, Epic, Unity and more form Metaverse Standards Forum
Meta and 34 other tech companies have come together to form the Metaverse Standards Forum, a new group dedicated to setting standards for the space to grow.
The Forum want to encourage coordination and cooperation among the hundreds of companies currently trying to create the metaverse.
The Metaverse Standards Forum, said it will “explore where the lack of interoperability is holding back metaverse deployment and how the work of Standards Developing Organizations (SDOs) defining and evolving needed standards may be coordinated and accelerated.”
Mark Zuckerberg predicts ONE BILLION people will spend real money in Meta’s metaverse
Mark Zuckerberg has predicted one billion people will join the metaverse, generating hundreds of billions of dollars through his newly announced metaverse wallet.
The CEO of Facebook was speaking to CNBC’s Jim Cramer as he continues to attempt to blur the lines between virtual, augmented and actual reality in his futuristic world.
“Our North Star is that by the end of the decade, we hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce each, buying digital goods, digital content, different things to express themselves,” Zuckerberg said.