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| Hey Insiders —
🗞️ Today's issue features UFC coming available on Meta Quest, a dive into U.S. top-selling video games, BBVA partnering with Legendaryum Metaverse, and more.
⏬ Scroll down for some Quick Hits and our Upcoming Events section.
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| 1 | | UFC is available on Meta Quest, with plans for a UFC world in Horizon Worlds. In 2022, UFC and Meta partnered to bring MMA fights to VR. More: - Xtadium app offers VR livestreams for UFC Fight Pass subscribers.
- Xtadium subscribers access "UFC Pay Per View Cards" and other content.
- Eight events are scheduled, including "LFA 165" on Aug. 18.
- Selected UFC fights to be in Horizon Worlds from November 2023.
- After tests, regular VR streams are planned for Horizon Worlds.
- Fights are available live and limited-time replays; YBVR handles VR broadcasting.
- Horizon Worlds users can interact, play games, and win rewards.
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| 3 | | BBVA has launched its inaugural meeting room within the metaverse, aiming to explore the potential of this digital realm for fostering relationships with customers. This initiative is part of BBVA's strategy to understand these emerging technologies' capabilities, risks, and opportunities. More: - The immersive meeting room was developed in collaboration with Legendaryum, a platform known for its hyper-realistic metaverse tailored for social gatherings, commercial outlets, and training and leisure areas.
- The virtual space mirrors La Vela, BBVA's main office in Madrid, allowing the digital assets team to access the metaverse room.
- Ariel Burd, CEO and co-founder of Metaverse Legendaryum, emphasized the metaverse's role as a significant utility tool that can transform daily operations.
- BBVA's venture into the metaverse seeks to analyze individuals' evolving perceptions and interactions in these digital environments.
Zoom Out: - Bank of America uses AI, VR, and the metaverse as part of an immersive training program for its new hires.
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| 4 | | Redbrick has secured a patent in South Korea for its open metaverse creation system. This patent encompasses the core technology of Redbrick's platform, enabling users to craft, disseminate, and monetize their individual metaverse experiences. More: - The patented system is a software framework that lets users design immersive virtual realms using tools and assets from Redbrick.
- Users can import and export content from platforms like Unity, Unreal Engine, Blender, and Sketchfab.
- The system boasts cross-platform compatibility, allowing experiences to be accessed on VR headsets, smartphones, tablets, PCs, and gaming consoles.
- Redbrick's platform provides a drag-and-drop interface for users to produce their own content, which can be monetized through sales, rentals, or in-game economies.
- Redbrick intends to publicly launch its system later this year.
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| A message from our sponsor, Vanta. |  | | Streamlining SOC 2 compliance with Vanta and AWS Achieving SOC 2 compliance can unlock major growth for your company and establish a foundation of trust, but the process is often costly and manual. Join Vanta and AWS on August 17th at 10 am PST, where Matt Cooper, Senior Manager, Privacy, Risk & Compliance at Vanta, and Andrew Watkins, AWS Principal Solutions Architect, will cover SOC 2 compliance and show how Vanta and AWS work together to simplify and accelerate the compliance process. You’ll learn about: - The challenges of SOC 2 compliance
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| 5 | | Disney's head of metaverse, Mike White, has left the company, marking a significant setback for Disney's aspirations in the virtual realm. The move suggests that Disney's metaverse ambitions have faced challenges in gaining traction. More: - White's departure indicates a potential shift in Disney's metaverse strategy.
- The company has yet to make significant advancements in the virtual space.
- This move may impact Disney's future digital and virtual projects.
- The departure raises questions about the company's commitment to the metaverse.
Zoom Out: - In February 2022, Disney CEO Bob Chapek appointed White, a veteran media and tech exec, to coordinate metaverse efforts.
- Disney has already cut its entire metaverse division, letting all 50 employees under White go as part of the layoffs in February.
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| 6 | | Copenhagen Fashion Week is collaborating with the luxury mobile game "Drest" for in-game fashion challenges. The event showcases Nordic brands through digital backdrops of iconic Danish sites. More: - Drest's in-game challenges run through Saturday, Aug. 12, during the fashion week.
- The game features vibes from runway shows to famous street-style photographers like Phil Oh and Tommy Ton.
- Brands spotlighted include Ganni, Remain, Cecilie Bahnsen, and Stine Goya.
- Drest's CEO, Lucy Yeomans, emphasizes the strong sustainability credentials of the showcased brands.
- Players style avatars using real luxury brands; the community votes on looks.
- Drest collaborates with over 260 luxury brands, including Gucci, Prada, and Burberry.
Zoom Out: - The company recently raised $19.1M, bringing its total funding to $38.2M, aiming for a "metaverse-enabled" product version.
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| 7 | | QUICK HITS - Wiz partnered with Wiley to create the AWS Security Foundations Guide For Dummies. This free 46-page guide includes techniques for securing AWS resources.*
- Cities are testing digital twins for buildings and infrastructure to simulate scenarios, but widespread misconceptions about the technology persist.
- Meta has strengthened its UFC partnership with a dedicated UFC zone coming to Horizon Worlds later this year.
- In a quarterly earnings call last week, Apple CEO Tim Cook said he's using Vision Pro daily before the headset's launch next year.
- Meta Quest 3 headset and controllers have now received FCC approval.
- Join over 5,000 fast-growing companies around the world that trust Vanta to manage risk and prove security in real time. Inside readers get $1,000 off.*
*This is a sponsored post. | | | |
| Upcoming Events | | AUG
5 | | Learn about streamlining SOC 2 compliance with Vanta and AWS. Join the webinar on Aug 17.* | | | | | | | OCT
4 | | Join this free hybrid event in Amsterdam and you'll hear from industry experts at Meta, Opera, AdGuard, Mozilla, Google, and more.* | | | | | | | OCT
16 | | Meet Our Fund 5, Building and Investing in AI | | | | | | | NOV
7 | | Join 300+ CCOs and senior leaders from Amex, Verizon, Hilton, Wells Fargo and more at Reuters Events: Customer Service & Experience East 2023.* | | | | | | * This is a sponsored event | | | |
Term of the Day Cash burn: Cash burn is defined as the amount of cash a company utilizes to meet its expenses in a specific period. Question of the Week Do you think the 9-to-5 workday still relevant in today's modern workplace? Join the conversation |
INSIDE METAVERSE LEADERBOARD (ALL-TIME) |
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