• News
    • Bitcoin
    • Altcoins
  • NFT
  • Metaverse
  • Analysis
  • Regulation
  • Learn
  • Market Cap
What's Hot

Animoca Denies $200M Metaverse Fund Cut

2023-03-27

Coinbase Chief Legal Officer Says SEC’s Wells Notice a Massive Overreach on Part of Regulator

2023-03-26

US Prosecutors Slam Terra (LUNA) Founder Do Kwon With Eight Counts of Fraud for 2022 Crypto Collapse

2023-03-26
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook TikTok Instagram YouTube
CryptoNewsMetaverse
  • News
    • Bitcoin
    • Altcoins
  • NFT

    U.S. IRS Considers Taxing NFTs Like Other Collectibles

    2023-03-21

    Meta Shuts Down NFT Project to Focus on FinTech and Content

    2023-03-14

    Solana’s Solend V2 Release, Is SOL Price $50 Next?

    2023-03-06

    Amazon NFT Marketplace To Reportedly Launch Next Month

    2023-03-06

    Blur Coin Under Fire As Allegations Of Wash Trading Emerge

    2023-03-01
  • Metaverse

    Animoca Denies $200M Metaverse Fund Cut

    2023-03-27

    Metaverse Trading Hits All-Time High

    2023-03-24

    Exploring the Metaverse: A Guide to Investing in Metaverse Stocks

    2023-03-20

    A Guide to Virtual Land Staking in the Metaverse

    2023-03-20

    Nissan Doubles Down on Web3 Innovation

    2023-03-13
  • Analysis

    DOJ Officially Seizes Over $456,000,000 Worth of Robinhood Shares Tied to FTX Founder Sam Bankman-Fried

    2023-01-08

    Mark Cuban Makes Prediction on Next Crypto ‘Scandal,’ Warns of Potential Implosion if Exposed: Report

    2023-01-08

    Binance Listings Cause Crypto Assets To Spike an Average of 41%: New Research

    2023-01-08

    Bitcoin Whales Unloaded BTC As Market Reversed and Parked Their Profits in This Crypto Asset Class: Santiment

    2023-01-07

    Crypto Analyst Predicts Breakout for AI-Focused Altcoin, Updates Outlook on Ethereum and Lido DAO

    2023-01-07
  • Regulation

    Coinbase Chief Legal Officer Says SEC’s Wells Notice a Massive Overreach on Part of Regulator

    2023-03-26

    US Prosecutors Slam Terra (LUNA) Founder Do Kwon With Eight Counts of Fraud for 2022 Crypto Collapse

    2023-03-26

    Crypto Analyst Nicholas Merten Says Fed Money Printing Won’t Spark New Bitcoin (BTC) Rally – Here’s Why

    2023-03-26

    Bitcoin and Ethereum Investors Are Not Flinching, US Pressure on Crypto Will Backfire: Chris Burniske

    2023-03-26

    Billionaire Chamath Palihapitiya Predicts Corrosion of the Economy, Says Fed Rate Hike Could Cause Real Damage

    2023-03-26
  • Learn

    Chart Patterns Cheat Sheet For Technical Analysis

    2023-03-21

    Best NFT Wallets in 2023

    2023-03-21

    What are Dapps (Decentralized Applications) Crypto?

    2023-03-17

    How to Short Sell Bitcoin

    2023-03-17

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    2023-03-15
  • Market Cap
CryptoNewsMetaverse
Home»Metaverse»WEF Rolls Out ‘Global Collaboration Village’ in Metaverse
WEF Rolls Out ‘Global Collaboration Village’ in Metaverse
Metaverse

WEF Rolls Out ‘Global Collaboration Village’ in Metaverse

2023-01-19No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The World Economic Forum (WEF) announced it is to launch its own metaverse project, Global Collaboration Village. The aim is to create a platform for global leaders and institutions to come together to work on the planet’s most pressing issues.

The virtual village has been designed to appear and function like a Swiss city, where avatars gather in co-working spaces, go to conferences in governmental buildings and explore museums.

However, they don’t want it to be just a virtual version of Davos, or any other centre. Kelly Ommundsen, the WEF’s head of the Global Collaboration Village, said they’re to do things that can only be done in the metaverse. She said: ‘if it’s better done in person or on paper, then it doesn’t make sense.’

WEF Collaborates with Microsoft to Offer Global Virtual Collaboration

The WEF has collaborated with Microsoft and Accenture to create the project and more than 80 organizations and founding partners support the initiative. Schwab has already collaborated with numerous partners, such as Meta (Facebook) and the IMF to create the bustling virtual village.

The aim is for WEF partners to have their own buildings within the Global Collaboration Village in order to showcase their projects to anyone logging in from anywhere in the world.

WEF envisions the virtual village as a powerful tool and believes it can be a platform for environmentalists to demonstrate immediate concerns in a much more immersive way.

The Village was rolled out at Davos this week, but its effect can certainly extend far beyond the one-week-long conference. Klaus Schwab says, WEF will start holding many of their gatherings within the Village itself, which could potentially ‘revolutionize global collaboration.’

Schwab says the WEF is aiming to understand how 3D avatars during virtual meetings could construct more trust and rapport among people and institutions. He also emphasises the effect they have compared with standard video meetings.

Schwab understands there’ll be hesitancy to work in the virtual world, but he’s confident that meeting individuals through the metaverse will become the norm as the technology advances.

Conclusion

Think what you want about the WEF, and many don’t like or trust them, but the fact they’re utilizing Web3 and the metaverse is bullish news.

Sure, it’ll be a learning curve for all involved, but they’ll quickly get accustomed and see its advantages.

Good or bad for the people, institutions like Meta, the Saudi government and the United Nations will be able to convene in an interactive multilateral session every week, and it will all be within the metaverse.

Source link

collaboration Global Metaverse Rolls Village WEF
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Animoca Denies $200M Metaverse Fund Cut

2023-03-27

Metaverse Trading Hits All-Time High

2023-03-24

Exploring the Metaverse: A Guide to Investing in Metaverse Stocks

2023-03-20

A Guide to Virtual Land Staking in the Metaverse

2023-03-20
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Quant Analyst Plan B Says Bitcoin Currently Presenting Best Opportunity for Bulls in Entire History of BTC

2022-04-21

XRP Price Is Not Rallying? Ripple CTO Clarifies

2023-01-02

Uniswap all ready to kick-start its rally thanks to these reasons

2022-03-19

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Instagram YouTube TikTok
Top Insights

Animoca Denies $200M Metaverse Fund Cut

2023-03-27

Coinbase Chief Legal Officer Says SEC’s Wells Notice a Massive Overreach on Part of Regulator

2023-03-26

US Prosecutors Slam Terra (LUNA) Founder Do Kwon With Eight Counts of Fraud for 2022 Crypto Collapse

2023-03-26
Get Informed

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Cryptonewsmetaverse.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$27,849.00-0.33%
  • ethereumEthereum(ETH)$1,764.20-0.74%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.11%
  • binancecoinBNB(BNB)$328.690.44%
  • usd-coinUSD Coin(USDC)$1.00-0.02%
  • rippleXRP(XRP)$0.4872806.15%
  • cardanoCardano(ADA)$0.356378-1.10%
  • dogecoinDogecoin(DOGE)$0.0754200.34%
  • Lido Staked EtherLido Staked Ether(STETH)$1,760.31-0.78%