• Guest Post   |
  • Submit App Review   |
  • Submit PR   |
  • Advertise   |
  • Contact Us
  • Login
No Result
View All Result
Advertisement
Mobile App Development | Design | Marketing Magazine: Appedus
Subscribe
  • Home
  • App Development
  • App Marketing
    • All
    • App Onboarding
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    How to market a mobile app

    6 ways to market a mobile app

    Latest mobile app trends

    6 Latest mobile app trends

    5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

    5 Ways To Promote Your Mobile App In A Smarter Way

    Get-Your-App-The-Most-Downloads-On-The-Apple-App-Store-Appedus

    How To Get Your App The Most Downloads On The Apple App Store

    Trending Tags

      • App Store Optimisation
      • App User Engagement
      • App Push Notifications
      • App Onboarding
      • App Analytics
    • App Design
    • App Reviews
      • All
      • Books & Reference
      • Business
      • Dating
      • Education
      • Finance
      • Fitness
      • Food & Drink
      • Health
      • iOS apps
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
      • Utilities
      • Video Editing
      6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

      6 Best iOS Productivity Apps You Can’t Live Without

      7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

      7 Reasons Why Every Business Should Be Mobile-Friendly

      The-top-ten-mobile-apps-all-travellers-should-use-appedus

      The top ten mobile apps all travelers should use

      5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

      5 Ways To Promote Your Mobile App In A Smarter Way

      What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

      What To Do If Your Cell Phone Is Lost or Stolen

      Free-Android-Meme-Maker-Appedus

      5 Best Free Android Meme Maker

      Zerodha Kite App Review

      Zerodha Kite App Review: A great way to start investing

      Crello App Review

      Crello App Review 2022 | An Attractive Editing Tool

      8fit App Review

      8fit App Review 2022 | Workouts and Meal Planner

      Trending Tags

      • Travel
      • fitness
      • Video Editing app
      • Utilities
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
    • App Events
    • Exclusive
    • Home
    • App Development
    • App Marketing
      • All
      • App Onboarding
      • App Store Optimisation
      • App User Engagement
      • Push Notifications
      How to market a mobile app

      6 ways to market a mobile app

      Latest mobile app trends

      6 Latest mobile app trends

      5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

      5 Ways To Promote Your Mobile App In A Smarter Way

      Get-Your-App-The-Most-Downloads-On-The-Apple-App-Store-Appedus

      How To Get Your App The Most Downloads On The Apple App Store

      Trending Tags

        • App Store Optimisation
        • App User Engagement
        • App Push Notifications
        • App Onboarding
        • App Analytics
      • App Design
      • App Reviews
        • All
        • Books & Reference
        • Business
        • Dating
        • Education
        • Finance
        • Fitness
        • Food & Drink
        • Health
        • iOS apps
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
        • Utilities
        • Video Editing
        6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

        6 Best iOS Productivity Apps You Can’t Live Without

        7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

        7 Reasons Why Every Business Should Be Mobile-Friendly

        The-top-ten-mobile-apps-all-travellers-should-use-appedus

        The top ten mobile apps all travelers should use

        5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

        5 Ways To Promote Your Mobile App In A Smarter Way

        What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

        What To Do If Your Cell Phone Is Lost or Stolen

        Free-Android-Meme-Maker-Appedus

        5 Best Free Android Meme Maker

        Zerodha Kite App Review

        Zerodha Kite App Review: A great way to start investing

        Crello App Review

        Crello App Review 2022 | An Attractive Editing Tool

        8fit App Review

        8fit App Review 2022 | Workouts and Meal Planner

        Trending Tags

        • Travel
        • fitness
        • Video Editing app
        • Utilities
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
      • App Events
      • Exclusive
      No Result
      View All Result
      Mobile App Development | Design | Marketing Magazine: Appedus
      No Result
      View All Result
      Home Featured

      Facebook ‘responsibly’ building the metaverse, will spend $50 million

      Facebook is attempting to stay ahead of the critics through careful investment and collaboration on metaverse-related activities.

      by Editorial Team
      September 28, 2021
      in Featured, News-Curated
      Reading Time: 4 mins read
      2
      Facebook
      Share on FacebookShare on Twitter

      Main Highlights:

      • Facebook will invest $50 million on metaverse-related activities and partnerships over the next two years.
      • The term “metaverse” refers to shared online areas that may be utilized for social interactions, work, gaming, and other activities.
      • Facebook’s release blog refers to the metaverse as the “next computing platform,” and the corporation claims it will be built in collaboration with politicians, researchers, and industry partners.
      • According to Facebook, the fund’s objective is to ensure that its section of the metaverse is built with interoperability with other services in mind, as well as diversity, privacy, safety, and “economic opportunity.”

      Facebook has created a $50 million fund to help it build the metaverse in a more responsible manner. The XR Programs and Research Fund will be invested in “programs and external research” over the course of two years, according to the firm.

      Previously, Facebook supported university studies into the societal impact of AR wearables and requested VR hardware solutions. Facebook’s release blog refers to the metaverse as the “next computing platform,” and the corporation claims it will be built in collaboration with politicians, researchers, and industry partners.

      The statement also includes Facebook’s description of the frequently enigmatic term “metaverse.” It is described by the firm as “virtual places where you may create and explore with other people who are not physically present,” and it is distributed over a number of products and services.

      According to Facebook, the fund’s objective is to ensure that its section of the metaverse is built with interoperability with other services in mind, as well as diversity, privacy, safety, and “economic opportunity.” Right now, Facebook’s most prominent metaverse program is Horizon, a platform that exists as a test Oculus software that allows users to have virtual reality meetings.

      Only provide cash

      According to the firm, it will collaborate with groups such as Women in Immersive Tech, Africa No Filter, Electric South, and the Organization of American States. It also states that it will “facilitate independent external research” with institutions such as the University of Hong Kong and the National University of Singapore. The firm stated that it will only provide cash to the researchers and not data.

      The Organization of American States, Women in Immersive Tech, and African groups Electric South, Africa No Filter, and Imisi3D are among Facebook’s early collaborators in the $50 million program. On these initiatives, the business will also engage with experts from Seoul National University, The University of Hong Kong, and the National University of Singapore.

      Regardless of how these early initiatives develop, Facebook has previously stated that it does not aim to construct or manage the ultimate metaverse on its own. And this is most likely just the start of a protracted process.

      metaverse fb

      Facebook VP Nick Clegg also commented on the effort, calling it a “start” to study into the metaverse and expressing hope that it will assist offer answers when regulators begin to raise questions about the new technology. Recently, Facebook has attempted to portray itself as a responsible platform owner. It stated on Monday that it was halting development on a pre-teen-focused Instagram after aggressively denying a story that suggested the firm knew Instagram was detrimental for adolescent females.

      The business has also stated that it is becoming more upfront about the sorts of postings that its algorithms attempt to hide, and it has denied another claim that the corporation attempted to promote itself via the News Feed. Despite its efforts, it has remained embroiled in controversy: it was forced to apologize to academics after supplying them with incorrect data, and its oversight board has requested additional information about how the site regulated its prominent users differently.

      While Facebook promotes this fund as metaverse-focused, given its name, it looks to have a broader emphasis. The business already conducts extensive research in the AR/VR area, and while $50 million is a significant sum, it represents a very small percentage of what Facebook earns in a single quarter (never mind the two years over which the fund will be invested). The sum also does not appear to correspond to the significance Facebook placed on AR/VR and the metaverse’s future effect.

      Facebook said it will continue to provide updates on the program’s success, as well as potential partners when they become available.

      What is Facebook’s metaverse? 

      It’s a word we hear a lot in the crypto business, especially as decentralized initiatives aim to build future online worlds and experiences free of the monitoring and control of centralized corporations like Facebook.

      The metaverse, in essence, refers to shared online places in which users—represented by 3D avatars—coexist and interact with one another. It has previously been shown in films like “Snow Crash” and “Ready Player One,” and Ethereum-based metaverse worlds like Decentraland (pictured above) and CryptoVoxels already exist. Another notable example is the upcoming game The Sandbox.

      Along with enabling new social and gaming experiences, proponents of the metaverse think it will also assist to transform the nature of employment and provide new digital economic opportunities to people all around the world. In some ways, it’s comparable to how DAOs, or decentralized autonomous organizations, are being developed to disrupt traditional businesses.

      Facebook has highlighted the following important areas in which they are striving to properly create the Metaverse:

      • Economic opportunity: Give individuals more options, foster competition, and keep the digital economy growing.
      • Privacy: Reduce the quantity of data utilized, develop technology to allow for privacy-protective data uses, and provide individuals with transparency and control over their data.
      • Integrity and safety: Keep people safe online and offer them the tools they need to take action or seek help if they see anything they don’t like.
      • Equity and inclusion: Ensure those metaverse technologies are intended to be inclusive and accessible.

      mm

      Editorial Team

      We at Appedus are a group of digital nomads aggregating, writing, and publishing the best of the tech news in the mobile app ecosystem. Our constant endeavor is to get the most actionable news for you to use.

      Next Post
      Oraan

      Oraan raises $3M to boost financial inclusion among Pakistani women

      Weekly Newsletter

      Top Apps This Week

      Google Now Just Made It Even Easier To Track Your Favorite TV Shows And Movies
      Featured

      Google Now Just Made It Even Easier To Track Your Favorite TV Shows And Movies

      by Editorial
      January 7, 2023

      Today’s announcement by Google of a new feature for their...

      Read more
      6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

      6 Best iOS Productivity Apps You Can’t Live Without

      December 31, 2022
      7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

      7 Reasons Why Every Business Should Be Mobile-Friendly

      December 26, 2022
      Load More

      About Us

      Mobile App Development | Design | Marketing Magazine: Appedus

      Appedus is a mobile app ecosystem focused news publishing platform which covers various topics like app design, app development, app marketing and other relevant news, views or opinions. We also publish industry insights, e-books, developer interviews and e-magazines. You can get in touch with us on hola@appedus.com or you can snail mail us at

      Medianiti Ltd. Brooklands Business Park, Wellington Way, Weybridge KT13 0TT, United Kingdom

      Latest Articles & News

      How to market a mobile app

      6 ways to market a mobile app

      January 18, 2023
      Best practices for mobile app design

      Best practices for mobile app design

      January 17, 2023

      Important Links

      • Guest Post
      • Submit App Review
      • Submit PR
      • Mobile App Marketing
      • Mobile App Reviews | Top Android & iOS app reviews
      • Top Apps
      • Curated News
      • Advertise
      • Contact Us

      Subscribe

      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      No Result
      View All Result
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      Welcome Back!

      OR

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Go to mobile version