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Topic Analysis

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Why More Brands Are Tapping Into The Metaverse Trend?

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This topic in a nutshell - what you need to know

The Fabricant, a digital fashion house, sold this shimmering dress ‘Iridescence’ on the blockchain for $9,500 in 2019. Paying for purely cosmetic digital items isn’t a new idea. It’s about exploring parts of your identity and maybe expressing parts of yourself that you wouldn’t normally within your physical world,” said Michaela Larosse, head of content and strategy at The Fabricant, a digital fashion house that sold a shimmering blockchain dress for $9,500 in 2019. Just like social media revolutionized the online marketing landscape, so too will the metaverse. While there are sure to be ads in the metaverse, brands can actually be part of creating the metaverse itself. In December 2019, clothing options were released in GTA V that looked similar to what the protestors in Hong Kong wore.

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The Fabricant, a digital fashion house, sold this shimmering dress ‘Iridescence’ on the blockchain for $9,500 in 2019. For instance, when I’m hanging out at the Atari Zed Run race track or at the Bored Ape Yacht Club when they open, I might want some more items to go with my avatars,” the 37-year-old said, referring to spaces where activities include virtual horse-racing and creating digital graffiti. Think of virtual fashion as a step further down that digital path.
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Conversations with Nvidia CEO Jensen Huang are always blunt and illuminating because he still likes to have freewheeling chats with the press. I know they can get it under control, and soon all of us will be able to see each other in person. If you think about RTX laptops as a game console, It’s the largest game console in the world. I expect enterprise AI, what some people call the industrial edge, will be the largest opportunity of all. With the overall trend, what all of these announcements show is that Nvidia accelerated computing is gaining momentum. We’ll be able to go in and out of it using VR and AR. The lighting condition will be exactly as we see. It’s being tested by 400 companies around the world. There will be hundreds of millions of data centers. This is the largest market opportunity the IT industry has ever seen. It will be big CPUs, small CPUs, edge CPUs, data center CPUs, supercomputing CPUs, enterprise computing CPUs, lots of CPUs. Our companies are complementary, and so by nature We’ll bring innovations that come as a result of coming together offering complementary things. Record quarter for GeForce, for workstations, for data centers. These are giant industries, and they will all be based on AI to achieve productivity and capabilities for their customers.
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Billionaire and semiconductor tycoon Jensen Huang believes that Metaverse is around the corner. Jensen believes that for the Metaverse to be worth it, it should be photorealistic with an ability to render images that are very high fidelity.