⌚️NFT Bazaar Hottest News | Facebook Invests $50 MM to Build the Metaverse in Responsible Manner

Sept 27 (Reuters) — Facebook Inc (FB.O) will invest $50 million to partner with organizations to responsibly build the so-called metaverse — a digital world where people can use different devices to move and communicate in a virtual environment, it said on Monday.

Facebook, the world’s largest social network, has invested heavily in virtual reality and augmented reality, developing hardware such as its Oculus VR headsets and working on AR glasses and wristband technologies. The company has been criticized over its impact on online safety.

The new XR Programs and Research Fund will invest the money globally over two years to ensure metaverse technologies are “built in a way that’s inclusive and empowering,” Facebook said.

The company said it plans to work with researchers across four areas including data privacy and safety, to allow users to get help if something they see in the metaverse makes them uncomfortable.

It will also research how to design technologies that are inclusive and accessible to all users, and also “encourage competition” in the nascent industry, Facebook added in a blog post.

Facebook has faced scrutiny on a wide range of internet issues, such as the spread of disinformation and social media’s negative impact on teens. read more

Also on Monday, Facebook said it paused development on Instagram Kids, an app that would have provided age-appropriate content for kids under 13. U.S. lawmakers and advocacy groups have cited safety concerns and urged Facebook to drop the launch plans. read more

A Facebook executive will testify on Thursday at a U.S. Senate committee hearing on the impact of its Instagram app on young users’ mental health.

Initial partners for Facebook’s new metaverse fund include Howard University in Washington D.C., which will research the history of diversity in the information technology industry and how it could shape opportunity in the metaverse.

Seoul National University and the University of Hong Kong will research safety, ethics and responsible design, Facebook said.

About NFT Bazaar:

The brand-new founded NFT Bazaar (https://nftbazaar.network) is one of the most-used aggregators that offering up to hyper-efficient NFT markets to benefit not only NFT token holders, but digital artists, musicians, gamers and all kinds of lovers as well, while providing one-stop NFT issuance, bidding and exchange platforms with ease.

NFT Bazaar is more than an info hub, but more like an aggregated digital art gallery and central market interchange that links all live trading venues, investors and creators on this unique platform with ease!! By dedicating to co-contributing the emerging Binance Smart Chain (BSC) ecosystem, NFT Bazaar, in the very near future, will become your handy NFT aggregator as well as exchange platform full of vitality.

At present, NFT Bazaar has collected 50,000+NFT contracts and 520,000+ on-chain transaction data, covering 9 categories such as art, collections, virtual world, sports, music, and games. The transaction data is updated in real time, which is far ahead of other similar platforms. Users can quickly find the information they want by category, price, transaction volume, market value, etc., and obtain intuitive chart price display, transaction history and other data.

NFT Bazaar was launched in 2021 but achieved a marvelous record of average weekly UV7,000+ and PV 10,000+, which further expected to reach MAU 50,000+ by the end of 021.

The NFT issuance and transaction function has now been officially launched in May 2021, and NFTs in mainstream contract formats such as 721/1155 can be created at just one-click both in front-end and back-end modes. It is estimated that the platform can support 1000+ TPS and platform GMV will reach 1,000,000 US dollars/month. By the end of 2021, NFT Bazaar will rank among the top 15 global NFT platforms.

We have currently formed official strategic partnership relationships with other pioneers in this fields, including: @Redblock Capital @Resolute.fund @Rocki @bondlyfinance @Fortube @Ontology/Wing and so. Welcoming to join us at:

Website: https://nftbazaar.network

LinkedIn: https://www.linkedin.com/company/nft-bazaar

Twitter: https://twitter.com/BazaarNft

Facebook: https://www.facebook.com/NFTBazaar/

Weibo: https://weibo.com/6128629014/

Medium: https://nftbazaar.medium.com

And also, about Our UPRETS:

UPRETS is a platform focused on simplifying investment in real estate by advising on and digitalizing assets and securities.

We are dedicated to providing a convenient, legally compliant and advanced real estate digital securitization platform for property developers, asset owners and investors globally.

By utilizing our UPRETS platform, real estate developers and assets owners can create digital securities for their properties, providing investors with various low-barrier, secure and convenient forms of investments.

Backed by a publicly listed real estate conglomerate (NYSE:XIN) and our award-winning, patented blockchain technology, Xbolt, we bring a network, experience and luxury assets to the platform.

For more information about UPRETS,

visit https://www.uprets.io

LinkedIn: https://www.inkedin.com/company/uprets2019

Medium:https://medium.com/uprets

Twitter: https://twitter.com/uprets_io

Facebook: fb.me/uprets2019

Lastest SolarX Project MakerDAO Forum: https://forum.makerdao.com/t/solarx-mip6-application-uprets-solarx-industrial-real-estate-backed-loans/6718

OST Digital Securities MakerDAO Forum: https://forum.makerdao.com/t/ost-1-mip6-application-by-uprets-real-estate-backed-digital-security/4438

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The brand-new founded aggregator (nftbazaar.network) for all kinds of NFT artists, token holders and lovers, esp. BSC for thorough info search and transactions.

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NFT Bazaar

NFT Bazaar

The brand-new founded aggregator (nftbazaar.network) for all kinds of NFT artists, token holders and lovers, esp. BSC for thorough info search and transactions.

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