Dear Inside Community, This Thursday, March 30, we would love for you to attend our free “How to Build in Web 3.0” event. This virtual event will be packed with expertise and loaded with insights about the infrastructure that powers online applications. Register for free. Our event is at 11:00 a.m. PDT, and we hope to see you there. Thanks to our sponsor Lohika for making this learning experience possible. —The Inside Team | |  Gia | |
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 Meta announced a new engineering hub in Toronto, Canada. The company will focus on Canadian talent and plans to create 2,500 new jobs and offer $510,000 in unrestricted grants to Canadian research labs focused on advancing metaverse innovation. More: - The roles that Meta will be hiring for are mostly engineering-focused to help create the virtual worlds and XR experiences.
- The company also announced its first Canadian WhatsApp, Messenger, and Remote Presence engineering teams, as well as plans to grow the Canadian Reality Labs and AI Research teams over the next couple of years.
- "Canada is poised to have a critical role in building for the next evolution in social technologies, so we plan to help further establish the country as a global leader in this effort," the company said in a statement.
- Employees will work in a hybrid setting, both in-office and remote.
- In addition, the company will offer $510,000 in unrestricted grants to Canadian research institutions that are innovating XR technologies.
- Meta's AI Research lab will open in Montreal, and the Reality Labs Research hub will be located in Toronto.
- Meta's blog post read, "As we embark on this journey of innovation together, thousands of Canadians will find opportunity in helping build for the metaverse both at Meta and alongside us as creators."
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 Mojo Vision revealed its Augmented reality contact lens prototype. The company aims to bring "invisible computing" to life and is in the development, testing, and validation stage of the product. More: - The Mojo Lens prototype can be seen as an intersection with smartphones, augmented reality/virtual reality, smart wearables, and health tech.
- The prototype lens comes with a display, a link to communication, eye-tracking technology, and a power system.
- The Saratoga, California-based company has built an operating system code and a UX experience and is partnered with several companies in its testing and validation stage.
- In terms of the target market, Mojo Vision will introduce contact lenses to people with low vision and people that are partially blind.
Venture Beat 
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 DC Comics plans to launch 200,000 Batman NFTs in April. The NFTs will include metaverse-themed elements, merchandise, and virtual events. DC plans to integrate the NFTs with metaverse and augmented reality experiences. More: - DC Comics and Palm NFT Studio are partnering to launch the non-fungible tokens.
- The collection of 200,000 NFTs will cone with a 3D rendition of a Batman mask or cowl featuring different colors, styles, and shapes.
- The price to buy the NFT is $300.
- The NFTs will be minted on the Palm Ethereum sidechain.
- Buyers will have access to a private fan forum on DC Universe Website, along with access to events, physical collectibles, exclusive merchandise, and more.
- In addition, Palm NFT studio will also give out several hundred free FanDome NFTs as it plans to tell stories using the Bat Cowl NFT.
Decrypt
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 FitnessVR is launching in Dubai and is the first health and fitness app to use the patent-pending Scorpio Metaverse Engine. More: - The company focuses on human connection and wellness through creating immersive experiences in the virtual world.
- Platform users will have access to fitness competitions, wellness conferences, NFTs, and more.
- The metaverse FitnessCR is scheduled to launch in Q2 and Q3.
- Hamim Khan, CEO of FitnessVR, said, "I believe in enhancing activities and interactions for people worldwide by enabling them with our AR/VR Metaverse technology to improve themselves while having fun with their friends and family from all corners of the world. We're building a world where everyone can experience trust, equality, and real ownership."
- The Scorpio Metaverse engine is powered by blockchain technology and will allow users to transport from one metaverse to another.
Financial Post
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Interoperability is a key element in the upcoming metaverse platforms. Security and trust will need to be established in the virtual worlds, and the security community must ensure a safe work, shop, and play environment. More: - The upcoming metaverse ecosystem is not immune to identity theft and fraud, and companies that are building the metaverse must plan ahead to avoid these issues in the future.
- Identity fraud and theft are where intruders strike first. For example, in the future, an avatar of a teller in a virtual bank lobby could be collecting your information.
- Identifying related issues should be a top concern for companies, with multi-factor authentication and passwordless authentication built into platforms.
- IPs, cloud providers, and device manufacturers all recognize that they need to work together to implement a strategy in the early days and tackle security issues in the metaverse.
- Transparency and interoperability are crucial in the metaverse to make experiences more secure and trustworthy.
- Data management will also be key to improving authentication and pinpointing malicious activity.
Microsoft
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Metaverse Fashion Week: The popular event that was hosted by Decentraland had virtual catwalks, cocktail parties, gallery openings, and DJs. Big luxury designers like Perry Ellis, Doce & Gabbana, and Tommy Hilfiger were among the featured designers at the three-day event. More: - At the "Metaverse Cocktail Hour for Fasionistxs," avatars were dressed in high-end designer "looks."
- Over 1,000 people registered over the weekend to attend the event.
- Much of the novelty of virtual events was apparent during the COVID-19 lockdowns, but they might slow down as more people start going to in-person events.
- The lineup promised multiple days' worth of events, from fashion shows to exclusive parties, but is it compelling enough for someone to spend their entire weekend in the metaverse? The answer is that we don't know yet and will have to wait to see how society adopts the virtual worlds over the years.
Coin Desk
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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. | |
Pipe is the world's first trading platform for recurring revenue. | |
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