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| Today's Metaverse brief: Thank you! Vildana
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| 1 | | Meta is set to unveil its first "true" AR glasses at this year's Connect event, aiming to make AR glasses mainstream after the success of Quest 3. The announcement signifies a significant step for Meta in the AR domain, differing from previous ventures such as the 2019 Meta/Ray-Ban collaboration and the 2023 redesign. More: - Meta's AR glasses, distinct from prior Meta/Ray-Ban efforts, aim to establish a new market standard.
- Reality Labs led the development.
- CEO Mark Zuckerberg showcased prototypes on Threads, hinting at the project's progress.
- The reveal is scheduled for Meta's Connect event for third-party developers this fall.
- A consumer version of the AR glasses is anticipated but likely years away from release.
- The effort follows previous challenges faced by AR glasses in gaining market traction.
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What the numbers say: In 2023, China led the global esports earnings, accumulating over $37M in competition winnings. The U.S. secured the second position, with its gamers earning $28.71M in prize money. Following these, the Russian Federation and the Republic of Korea garnered $14.47M and $11.7M, respectively, with Brazil close behind at $10.81M. Relevance: China holds the leading position in the number of active esports players and dominates in esports title game revenue, having recognized esports as an official sport since the early 2000s. The country's esports market has seen significant growth, largely due to the surge in mobile esports, with popular titles including PC game League of Legends and mobile games like Honor of Kings. Since 2003, the General Administration of Sports in China has officially included esports as a sport, making China one of the first countries to do so at a government level. Furthermore, by early 2019, esports was officially recognized as a profession by China's Ministry of Human Resources and Social Security's Occupation Skill Testing Authority. | | | |
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| 3 | | The Holobox by Holoconnects enables life-sized 3D projections in a box to enhance remote communications and presentations. This innovation promises to make digital interactions more personal by mimicking in-person presence and stands out for its straightforward setup, requiring just a power source and an internet connection. More: - Holobox enables holographic projections inside a large box, enhancing remote communication.
- The device allows for life-sized holograms or larger displays by connecting multiple units.
- Holoconnects, a Dutch company, aims to improve remote presentations, training, advertising, and general communication.
- Holobox offers a more engaging and personal alternative to traditional video conferencing.
- The technology supports projecting anything that fits within its 86-inch display area.
Zoom Out - Holobox was presented at the Mobile World Congress in Barcelona, which opened its doors on Feb. 26 and runs until Feb. 29.
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| 4 | | Oppo has unveiled the AI-powered Air Glass 3 at MWC 2024, which feature capabilities like schedule management, real-time messaging, and AI-driven assistance. Despite the uncertainty of its release outside China, this prototype demonstrates the potential for AR glasses to revolutionize daily tasks and interactions. More: - Air Glass 3 offers a 1,000-nit display and weighs 50g.
- Previous Air Glass models haven't been released outside China, making international availability uncertain.
- Air Glass 3 utilizes AndesGPT AI for dynamic assistance, from answering queries to generating design prototypes.
- Competitors like Meta Ray-Ban Smart Glasses already offer similar features.
- Xreal Air 2 provides an affordable AR display option at $399.
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| 5 | | LG and Meta have announced a strategic XR collaboration, aiming to leverage LG's TV business content and Meta's technological prowess for next-gen XR device development. This partnership could introduce streaming services like Netflix and Disney+ to the Quest platform through a virtual LG TV. More: - The collaboration was finalized in Seoul by Mark Zuckerberg and LG executives.
- Discussions focused on business strategies for XR development.
- Meta's history of hardware partnerships includes Samsung, Xiaomi, and Lenovo.
- A possible LG-Meta headset is anticipated for the first half of 2025.
Zoom Out: - In November 2023, Meta entered a partnership with Samsung and LG to make future Quest Pro headsets.
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| 6 | | HTC announced the Vive XR Elite Business Edition and new AI tools for Viverse, aiming to offer comprehensive VR solutions for businesses. The package is designed to save companies up to $15,000, enhancing the use of VR in various professional settings. More: - The Vive XR Elite Business Edition includes hardware and software tailored for enterprise use, supporting Location Based Software Suite (LBSS) and Vive Business+.
- New accessories for the Business Edition feature a face pad, a headband optimized for frequent changes, and safety clips for battery holder security.
- The Viverse Starter Pack for businesses offers three months of Viverse for Business, ten headsets, a Vive Business Warranty, and free access to Vive Business+.
- This starter pack aims to save businesses over $12,000, with a 20 VR headset package saving over $15,000.
- Viverse updates include new AI tools like a personal voice assistant for productivity, speech-to-text transcription, and real-time translation in eight languages.
Zoom Out: - HTC VIVE announced in November 2023 that it had launched its VIVE Business+ solution and a new VIVE XR Elite Business Edition device.
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- Sony is reducing its gaming workforce by 900, closing a London division, and canceling a Twisted Metal franchise game.
- Lisk, a leading Layer 2 blockchain platform, announced a strategic partnership with the Indonesian government to support local Web3 startups.
- Mumbai, India's financial capital, announces a metaverse initiative to display its infrastructure projects to transform the city's landscape in the coming years.
- Visa and Mastercard have come to a historic $5B settlement, marking a pivotal moment for small business owners. If your business accepts Visa/MC, claim your share today.*
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 | Freelance | | This newsletter was curated by Vildana. In addition to Inside Daily Brief, she also contributes to Inside Metaverse. She holds an MSc from the London School of Economics (LSE). You can reach her at vildana@inside.com or her social media platforms, Twitter or LinkedIn. | | This newsletter was edited by Aaron Crutchfield | |
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