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- Buildathon Launch, Industry Standards, Metaverse 2040 | 07/01/22 Weekly Wrap-up π‘π
Buildathon Launch, Industry Standards, Metaverse 2040 | 07/01/22 Weekly Wrap-up π‘π
The Front Page of the Metaverse π°
π Special Announcements
Our FIRST-EVER Creatorverse Buildathon is in full swing!
This week, we announced our inaugural Creatorverse Buildathon β a competition designed to spotlight the growing Creator community and provide an opportunity to compete for a $10K prize pool!
To kick things off, we hosted a Twitter Space on Monday featuring our competition partners, judges, and some of the best Creators from across the industry.
Missed it? Listen back to the recording here.
Entries are open through August 1, so it's not too late to join the party!
Resources:
Explore the Official Buildathon Site
Revisit the Contest Rules and Guidelines document
Hop into our Discord, and head straight to #chat-buildathon to ask questions or find collaborators
π° What's News?
Read on for developments in virtual worlds, AR/VR, and other industry-breaking announcements

Microsoft, Meta, and others are founding a metaverse open standards group - The Verge β www.theverge.com
Microsoft, Meta, Nvidia, Epic Games, and others are founding the Metaverse Standards Forum, an umbrella group for VR / AR and other tech standards.
π§ Microsoft, Meta, Nvidia, Epic Games (+ more) announced that they have founded an metaverse open standards group. But what's this? Aside from some odd inclusions (e.g., Wayfair, IKEA), other notable names β from Apple and Roblox to The Sandbox and Decentraland β were conspicuously omitted. With (in our humble opinion) major players missing...we're wondering just how open these standards will turn out after all.

Experts are split about the likely evolution of a truly immersive βmetaverse.β
Pew Research released a deep-dive report, The Metaverse in 2040. This is a nice and meaty one, so we recommend that you find a quiet space, take a seat in a comfy armchair, and pop on those reading spectacles to focus and absorb the insights provided on the evolution of the metaverse.
In other news:

Mona has raised $14.6 million to build a metaverse platform for 3D creators so they can participate in a shared digital universe.

RLTY Raises Over $4 million in Funding for Metaverse Event Creation Tools | VentureBeat β venturebeat.com
RLTY, a metaverse events creation company, announced it's closed a new round of funding to allow brands to use its tools.
π€ Largest Virtual Land Sales
Top sales this week:
1οΈβ£ $691K for Otherdeed #6
2οΈβ£ $295K for Otherdeed #54315
3οΈβ£ $103K for Otherdeed #17
4οΈβ£ $64K for Otherdeed #87887
5οΈβ£ $56K for Otherdeed #7851
Fiat values are in USD at time of sale. Last updated July 1, 2022.
π Market Movements
7-day token changes
β¬οΈ $APE +1%
β¬οΈ $MANA -8%
β¬οΈ $SAND +1%
β¬οΈ $AXS -19%
β¬οΈ $ENJ -9%
β¬οΈ $WRLD -2%
β¬οΈ $MET +3%
Prices as of July 1, 1:47PM EDT.
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The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.