 The Shiba Inu metaverse aims to sell 35,000 plots of digital land in a period of 10 days. Holders of "Shibverse's" token are given the first opportunity to buy the virtual land using the platform's native token, LEASH. More: - The Shiba Inu metaverse holds 99,000 total plots of digital land, and currently, only 35,000 are going up for sale. The exact date is unknown, and prices will vary by location.
- Access to the digital portal is only given to the owners of LEASH, a token that belongs to Shiba Inu.
- The goal is for users to unlock the tokens in an unspecified time frame, and the users that unlock the highest number of tokens will have bidding rights to the largest plots of land.
- If a user unlocks 0.2 LEASH, they can purchase 1x1 parcels of land, unlocking 5 Leash will enable a 10x10 land purchase, and so forth.
- Users can only purchase land using ETH and have to take Ethereum gas fees into consideration when bidding.
Zoom out: - Neil Mandt, The founder and CEO of Metaverse Rights, explains that NFTs and the metaverse will disrupt the real estate industry in a significant way in 2022.
- Like many, you may be wondering why people are buying virtual plots of land in the metaverse for thousands if not millions of dollars.
- Mandt explains that real estate assets, whether real or virtual, are based on trust, and people have this belief that the value of virtual real estate will increase over time. Simply put, he says, "they trust the asset and its potential."
- Location, the availability of goods and services, and infrastructure design, among other things, will help the virtual real estate market grow.
- In the future, property owners in the physical world can potentially benefit from augmented reality and virtual worlds and generate revenue through various AR advertising opportunities.
- To learn more, please visit the full article here.
Business Insider 
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 Metaverse Fashion Week is underway as NYC, Paris, and Milan step into the Decentraland metaverse. The event will take place in Decentraland's "Luxury Fashion District," presented by Vogue Arabia and UNXD, to highlight the most iconic fashion labels in Web3. Tokens.com has announced that Cavalli, Dolce & Gabbana, Elie Saab, Etro, Jacob & Co., and Tommy Hilfiger, amongst others, have joined the official lineup for the first-ever Metaverse Fashion Week. More: - Decentraland will be hosting the entirely digital event from March 24-27, 2022.
- The four-day runway show will include pop-up shops, afterparties, and feature fashion.
- Creator Director of Decentraland Sam Hamilton said, "Fashion and haute couture are not new to the metaverse," as creators already generated over $1M in sales of avatar wearables last year.
- The event will kick off with Selfridges, a London retailer, on March 23. The launch will feature Paco Rabanne and Victor Vasarely in an immersive environment.
- Others fashion labels such as Dolce & Gabbana, Dundas, Etro, and more will also feature some of their designer labels.
- Decentraland's fashion district is inspired by Avenue Montaigne in Paris, which is surrounded by shops that include Tommy Hilfiger, Dolce & Gabbana, Eli Sabe, Cavalli, and more.
- The Metaloop is hosted by a Web3 agency called Kollectiff that will also feature a catwalk in collaboration with DressX, Kid Super, Cider, Placebo, and more.
Global News Wire
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 The Frontier Collective, a Vancouver-based firm, aims to raise B.C.'s AR/VR, Web3, gaming, and metaverse related technology projects. The new 10,000-square-meter innovation hub will help startups in the emerging technology space test, grow, and validate their ideas. More: - Frustrated with the lack of support from the government, Frontier Collective founders are trying to accelerate the development of frontier technology in the city of Vancouver.
- As of now, B.C's tech industry lacks government funding, and there is no support available to help emerging technology startups grow.
- The firm is backed by BDC, Business Development Bank of Canada, Launch Academy, McMillan LLP, and many others.
- Frontier Collective CEO Dan Burgar said: “In the frontier-technology ecosystem, we have the chance to become global leaders — but we could lose it all."
- The founders believe that Vancouver could become a leader in this space due to multiple startups that are aimed at accelerating the metaverse, AR/VR, and gaming.
- Popular startups like Dapper Labs have emerged from the region, and the team points to the expansive virtual and augmented reality sectors that already exist in the region that have potential to become the "new internet standard."
Vancouver Sun
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Arjuna Capital filed a shareholder proposal with the SEC asking Meta to evaluate the psychological, civil, and human rights harm that might incur in the metaverse. After hearing someone utter the N-word in Meta's horizon venues, shareholders are concerned and seek a third-party evaluation that can help prevent potential harm to users in virtual reality. More: - The third-party evaluation will include human rights in the metaverse, civil and psychological harm that can be caused by other users, discriminating racial comments, and more.
- Meta does not want the proposal to go up for a vote but did not deny the potential harm that its VR platform can cause to users.
- The company does not want the proposal to be included under the SEC regulations as it says it interferes with "ordinary business operations."
- Mark Zuckerberg is Meta's largest shareholder and holds the majority of the voting control, which means that the shareholder proposal may not succeed.
Bloomberg
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 HTC has announced the "Viverse," a future vision of the company's metaverse platform. The ecosystem aims to split both augmented reality and virtual reality hardware, and HTC suggested that this platform may become the "future where the impossible becomes possible." More: - There are several proposed possibilities for Viverse, from fitness in VR to virtual wine tasting events.
- Other possibilities include art galleries where users can buy the NFT of "Meowna Lisa."
- There are no details of how the company plans to execute and launch this platform, which looks immersive with countless opportunities to interact and engage with other users.
- Here is the YouTube link titled "Viverse — A Day in the metaverse with VR, AR, AI, 5G & NFTs."
Upload VR
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 Meta will no longer make its own operating system from scratch for its AR/VR devices such as Quest. The company currently relies on the Android operating system and had planned to create an in-house system. More: - There were over 300 employees working on creating a new operating system to operate Meta's new AR glasses.
- The XROS, a code-named project, has officially been canceled. Employees will be moved to different departments.
- Meta will continue to power its AR/VR headsets using the Android operating system, which will allow the company to launch new products faster.
9to5mac
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 |  | Gia Mattu is based in Calgary, Alberta. She is an entrepreneur with experience in climate technology, drones, AI, machine learning, and blockchain technology. When she's not working, she loves to hike the Canadian Rockies, try new cuisine, and travel. | | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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