Fun

The metaverse is coming straight to your web browser: Here’s how

News Feed - 2024-05-15 09:05:00

Savannah Fortis12 hours agoThe metaverse is coming straight to your web browser: Here’s howLayer-1 blockchain and metaverse protocol Somnia has launched the Metaverse Browser, aiming to make Web3 exploration and custom content creation more accessible and user-friendly.1770 Total views5 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksOver the past few years, the metaverse has been increasingly gaining prominence in the mainstream, with companies like The Sandbox becoming recognizable names even beyond the realm of Web3.


However, after the initial hype died down, onboarding new users remains a challenge for developers in the space who want to keep making digital reality, well, a reality.


In a bid to make the metaverse more accessible and user-friendly, the Layer1 blockchain and metaverse protocol Somnia announced that it is bringing the metaverse straight into users’ web browser.


On May 15, the protocol launched its Metaverse Browser, which was developed with a simplified and intuitive interface to make it more easy for new users to explore Web3 and create custom content. 


Paul Thomas, the founder of Somnia, said that they hope to set the stage for a more “inclusive and accessible metaverse.”“This platform is not only about simplifying technology but also about empowering individuals to explore and create without limits.”


Thomas told Cointelegraph: “[Users] don’t need experience with Web3 wallets or even have a Web3 wallet installed to interact with the browser, all of that is abstracted for the user…This we hope will allow anyone to use it and be part of the metaverse and use Web3.”


He highlighted that the browser also allows users the ability to create and deploy DApps within the Somnia ecosystem.


This includes object creation tools, which will utilize artificial intelligence (AI) based generation tools to allow people to create objects easily even without 3D art experience.


In the future, Thomas said that they are working on deploying a first-party marketplace to enable users to buy and sell their metaverse objects and avatars creating what we call the metaverse object economy.


“Developers will have access to a software development kit that enables them to easily create apps for users to interact with the metaverse,” he said. “These apps could be anything from a profile viewer to a marketplace for the metaverse.”


Related:This 360 treadmill could make Disney’s metaverse a physical playground


Somnia even partnered with the Web3 media company Yuga Labs to offer exclusive rewards to holders of select Yuga Labs nonfungible token (NFT) collections.


These users will get a bonus on any points earned during the Somnia Point Dream Hunt incentive campaign that rewards users for engaging with metaverse experiences.


X said that he hopes such partnerships will “drive initial community engagement” and encourage some of the biggest communities in Web3 to try out having the metaverse in their browser. 


Yuga Labs is known for being a leader in bridging digital and physical reality, coining the term the “Yugaverse." It s the company behind iconic NFT collections such as Bored Ape Yacht Club, Mutant Apes, CryptoPunks and more.


On April 26, Yuga Labs announced the start of a restructuring processfollowing the appointment of Greg Solano as CEO two months earlier.


Although the metaverse has been through a slump, the market is still projected to reach a value of $74.4 billion by the end of 2024, according to data from Statista. Its general path indicates that, even with conservative estimates, it is positioned for upward expansion.


Magazine:Meme coins: Betrayal of crypto’s ideals… or its true purpose?# Blockchain# Adoption# Metaverse# Web3# NFTAdd reaction

News Feed

Mars4 Metaverse Listing on KuCoin
Mars4 Metaverse Listing on KuCoin sponsored Humans have always had the ambition to explore outer space. To this day, the Moon Landing remains etched in history as one of the most hi
Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs
Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs While the price of bitcoin has spiked to levels not seen in three yea
Adrian J. Permal4 hours agoWas Sam Bankman-Fried behind a scam project?This week’s episode of The Market Report explores allegations that SBF was behind the recent BALD token rug pull and dissects why Bitcoin is fallin
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 Following Completion of The Merge
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 Following Completion of The Merge Ethereum fell below $1,600 on Thursday, despite the successful completion of the high
Blast drops ‘L2’ from X username, reduces withdrawal time from 14 to 7 days
Christopher Roark3 hours agoBlast drops ‘L2’ from X username, reduces withdrawal time from 14 to 7 daysAfter monitoring withdrawals for four months, the developers concluded that longer withdrawal times were no longe
NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on W
Lido staked SOL holders fret as $24M remains stuck on ‘broken’ contract
Felix Ng6 hours agoLido staked SOL holders fret as $24M remains stuck on ‘broken’ contractThere’s still $24 million in Lido-staked Solana despite the program being shuttered five months ago.2031 Total views7 Total
Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use
Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use The Central Bank of Nigeria (CBN) has announced a scheme that seeks
Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law
Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law The Prosecutor General’s Office of Russia has proposed to define cryptocurrency
Marcel Pechman1 hour agoBitcoin options strategy: How to trade July’s Q2 earningsProfessional traders can hedge their Bitcoin bets using the iron condor options strategy as the Q2 earnings season comes into play.443 To
JPMorgan Chase President: Fed Isn’t Too Hawkish and Crypto Is ‘Kind of Irrelevant’
JPMorgan Chase President: Fed Isn"t Too Hawkish and Crypto Is "Kind of Irrelevant" JPMorgan Chase’s president that crypto “is kind of irrelevant in the scheme of things
TikTok to automatically label AI-generated content
Savannah Fortis10 hours agoTikTok to automatically label AI-generated contentTikTok takes a proactive step in assuring AI authenticity on its platform by automatically labeling AI-generated content using new Content Cred