TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Cryptocurrency

XIAOMI’S BUSINESS MODEL JOINS THE METAVERSE

by souhaib
January 19, 2023
in Cryptocurrency
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on TwitterShare on Reddit
ADVERTISEMENT

When you hear about the Metaverse, people seem to be moving to a future where they can visualize themselves as robots or simply a society controlled by robotics and technology. For further detail such as Crypto VIP Club system.

You might also like

Are Bitcoin and Ethereum Soon to Be Considered Commodities?

Bitcoin Price Prediction – This Analysis Gives Investors Chills

Understanding the impressive growth dynamics of the crypto industry

Anyone who wishes to enter the Metaverse must know that they will need the creation of an avatar or a digital twin that will be in charge of experiencing all the experiences that the user wishes without distinction of race, gender, or religion.

The concept of the Metaverse may be pretty ambitious, which is why the technology companies that lead the market are creating the ideal platforms so that the moment in which the final version of the Metaverse is exposed to the world is as comfortable, fast, and accessible to any public use.

A version of the avatars in Crypto style Rabbit

It is essential to highlight that Xiaomi has already participated in the creation of virtual characters; these were created in 2018 and became known as Crypto Rabbits; these rabbits had different characteristics from each other, which made them unique due to their encrypted structure, to offer greater security to their users.

At that time, the project did not generate the scheduled benefits, thus abandoning the project at the beginning of 2022; they did not rule out the idea of keeping the project alive and resuming it under decentralized technology.

This proposal arises again after Xiaomi’s intentions to join the Metaversic Project, to which several companies in the technology sector have already bound and are corporations with significant influence in the market today.

The value proposition currently being used to enter the Metaverse is to offer future users the possibility of creating their virtual characters, where authenticity is guaranteed while protecting it with blockchain technology.

Xiaomi’s Metaverse includes its electric car.

This time Xiaomi not only focuses on the technology of intelligent equipment but has decided to join Haidian, managing to diversify its investments and businesses, thus creating its first electric vehicle, which will link with blockchain technology and, of course, the Metaverse.

It is not the first company to focus on the creation of equipment and products based on the Metaverse, it has previously been shown how HTC is also venturing into this market, and although it is unknown what Xiaomi’s final entry into this new trend will be, it is already found processing the necessary patents.

The approach that Xiaomi is giving is more towards creating software related to virtual worlds and the characters that will develop in them from people to pets, without leaving aside the constant creation of its renowned hardware, establishing as a priority the Metaverse and the Blockchain.

Virtual Pets for the Metaverse

As mentioned above, the virtual characters that Xiaomi is focusing on will use blockchain technology with a simple method for their creation where they will have unique genetic traits that will make them different from each other, something like an NFT.

Xiaomi’s work is similar to that of the ants; little by little, it has been able to position itself, creating a previous experience with the Crypto Rabbits, which represented the digital creation of a kind of pet with encrypted programming, which could not be modified or copied.

In the case of the current proposal of the Metaverse, the creation of the characters will be at a much more complex level; consequently, they must be adapted to their needs, that is, to feed them, dress them, prepare them for a job market and endless skills.

Although there are not many details regarding the method used to create these characters, what has been established is that they will be delimited by a set of image parameters that guarantee their authenticity and originality.

It may be months or years before all this technology is carried out; Xiaomi’s main intentions are to enhance the intelligent assistant of its mobile devices with Metaverse technology, adapting its users to what is new that the technology company will bring.

Conclusion

Xiaomi is positioning itself among technology companies not only because of the popularity of its innovative equipment, but it is venturing into various environments that make it possible to be part of the technology sector and business giants.

It is not strange that he intends to immerse himself in the Metaverse proposal, for which he is creating a project focused on creating virtual reality characters through the Blockchain, and that would be the digital representation of users. More information enters to Bitcoin-Prime trading system

Share30Tweet19Share
Previous Post

BLOCKED INVESTORS FROM 2GETHER ARE ADDED TO BIT2ME

Next Post

All you need to know about Forex signal providers – Traders Union article

souhaib

Recommended For You

Are Bitcoin and Ethereum Soon to Be Considered Commodities?

by souhaib
February 7, 2023
0

Introduction Cryptocurrencies like Bitcoin and Ethereum are a growing trend, but they're not yet widely used as payment methods. They're closer to securities than commodities in some respects....

Read more

Bitcoin Price Prediction – This Analysis Gives Investors Chills

by souhaib
February 7, 2023
0

Introduction This analysis is based on crowd psychology, which means that markets tend to operate based on fear and greed. Therefore, buying when the market is fearful and...

Read more

Understanding the impressive growth dynamics of the crypto industry

by souhaib
February 7, 2023
0

The rate at which cryptocurrencies have made a lasting impression in the financial world, is indeed worth contemplating. Not only did all the leading enterprises get hooked on...

Read more

Effects of Social Media on the Pricing Value of Cryptocurrency

by souhaib
February 7, 2023
0

Introduction This article discusses how social media affects Bitcoin prices. Hope that by the end of this article, you'll better understand the relationship between cryptocurrency and social media....

Read more

When Do You Think the Bitcoins Bull Will Start?

by souhaib
February 7, 2023
0

Introduction There are several predictions for the next bull run on Bitcoin. These include In April, In November, In February 2024, and In July 2022. But how do...

Read more
Next Post

All you need to know about Forex signal providers - Traders Union article

No Result
View All Result

Recent Posts

  • 21 Submit-Apocalyptic Films For Enthusiasts Of HBO&#039s “The Past Of Us”
  • Stocks relocating in following hrs: Disney, Affirm, Mattel, Robinhood
  • Temple University Suspends Absolutely free Tuition for Placing Grad Learners
  • Memphis Law enforcement officer claimed he utilised coaching, ways with Nichols
  • “‘Keto Ultimatum™’ – The Fully Customized, Lazy, Keto, No Time To Cook Keto Dietary Plan. Easy Fully Customized Recipes Ready In Under 30 Minutes. Would You Like to Achieve Permanent Weight Loss While Still Eating Your Favourite Meals (like Ribeye Steak)? Would You Like to Know Exactly What to Eat to Lose Weight Quickly and Easily Without Starving? There Is A Solution!” Reviews 2022

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Politics
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Politics
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide