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What are the basic principles of an open metaverse?
The Immersive Wire - 18 December 2023 (Monday Briefing)
Tom Ffiske
December 18, 2023
Executive summary
Welcome to your weekly briefing on the metaverse and spatial computing. Here are your snippets to sound smarter in meetings this week:
Article: I outlined the basic economic principles of the open metaverse (analysis below).
Conversation-starter: Nicki Minaj has entered Roblox with the launch of 'Nicki Minaj's Gag City'.
(The announcement made me gag a little, too).
Other stories: The American Metaverse Awards will be held on 17 April 2024 in Miami, the Alliance for OpenUSD added Epic Games, Meta and Unity to its ranks, and Virtualware has been awarded a €1.5m contract by the Basque Government (more below).
Holiday: The Immersive Wire will be taking a break next week (25 December).
Have an excellent festive week! Also, I spoke to Press Gazette about how publishers may be using AI, referencing the Immersive Wire’s own work.
Analysis
I outlined the basic economic principles of the open metaverse. The basic principles are:
Open flow of virtual goods and services
Open travel of users between virtual locations
An interoperable conversation system between users
Avatars that can be worn in any virtual location
A hardware-agnostic open metaverse
Clear regulations and rules.
More details in the article here. This is meant to form the bedrock of a major piece coming in 2024. Until then, see ya!
Other notable stories
Got any stories? Let me know at tom (at) immersivewire (dot) com.
AFFECTED: The Manor – The Complete Edition launched for PSVR 2.
The Alliance for OpenUSD added Epic Games, Meta and Unity to its ranks.
The American Metaverse Awards will be held on 17 April 2024 in Miami.
The Future of Privacy Forum, a global non-profit focused on data privacy and protection, released Risk Framework for Body-Related Data in Immersive Technologies.
God of Riffs: Battle for The Metalverse, the VR heavy metal rhythm game, launches 30 January.
Haven, a VR wellness app, has selected Claire Barnett as its new CEO.
Disclaimer: I am an advisor of Haven.
Not For Broadcast: VR, a televising simulator, launched on PSVR 2.
Racket Club is now available on the Meta Quest Store, Pico and Steam.
Virtualware has been awarded a €1.5m contract by the Basque Government.
Xbox added cloud gaming to Meta Quest 2 and 3.
Help corner
If you have a problem that you think could be solved by another reader of The Immersive Wire and would like to be connected, let me know at tom (at) immersivewire (dot) com.
A few colleagues are also looking for new roles. They include:
Tyler Gillespie is a design expert who is looking to build products internally.
Volodymyr Kurov is a full-stack developer looking to help with web development and coding.
Note: The Immersive Wire is run by Tom Ffiske, who also works within Accenture’s metaverse group. The contents of the newsletter should not be regarded as Accenture’s views.