The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
No Result
View All Result
Wednesday, May 31, 2023
  • Login
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle
Subscribe
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle
No Result
View All Result
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
No Result
View All Result
ADVERTISEMENT
Home Metaverse

Crypto winter and metaverse: Mozilla takes on web 3

by Ashutosh Thakur
December 5, 2022
in Metaverse
132
0
Crypto winter and metaverse: Mozilla takes on web 3
153
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

RelatedPosts

The Bitcoin Tower project in Dubai agitates Internet users

BlockLords, the Web3 game cut to conquer the world

Metaverse: $774 million raised for Roblox with Robux

Mozilla, best known for its Firefox browser, has taken part in the rush of Internet platforms to web3 and the metaverse. Despite mounting losses, all continue to invest heavily.

Mozilla gets its hands on the wallet

Active Replica is a Canadian development company that works on the metaverse, or rather on the creation of “immersive virtual spaces and events” as they describe it. And the work the Vancouver-based company is doing seems to be paying off. Indeed, on November 30, Mozilla announced his acquisition d’Active Replica.

Active Replica joins entity Mozilla Hubs, which is already working on the development of communication spaces (chatrooms) based on VR. This acquisition is the result of a successful partnership, since earlier this year, Active Replica had already collaborated with Mozilla for the organization of its multi-day artistic and technological event called Mozfest. A success for the former leader of browsers, which pushed its leaders to invest directly in its partner.

The fire fox company said in the official announcement that it believes both entities will benefit from each other. But, we understand that it is above all an acquisition that will allow it to recruit highly qualified personnel in a sector that is sorely lacking. The press release specifies in particular that the production ” tailor-made virtual eventswill be on the agenda.

“We will benefit from their unique talent and ability to create amazing experiences that help organizations use virtual spaces to get things done. They will benefit from our scale, our competence and our ability to bring their innovations to market more quickly. »

Mozilla Communication

For its part, Active Replica declared that it “will continue to collaborate with its existing partners”but that Mozilla’s acquisition will help it “achieve its long-term ambitions».

>> Your favorite football team can earn you up to $1000 per game by signing up on Binance (commercial link) <<

From web giants to web3 giants?

VR and metaverse, the logical continuation of social networks?

The amount of Mozilla’s investment was not disclosed. However, it joins the list of web giants that are increasingly investing in web3, and more specifically in the metaverse.

Meta, the parent company of Facebook and Instagram, still affirms its ambitions to develop the “mainstream” metaverse of tomorrow, despite financial losses that could be described as… colossal. About 30 billion dollars for Reality Labs, its entity dedicated to virtual reality and metaverse and, of which 9 attributed only to the latter. Marc Zuckerberg has already announced that he expects greater losses in 2023, but remains confident in the future.

The market is gloomy and the currently accessible metaverses look more like “beta” versions than the future of virtual or augmented reality events. But the web giants continue to invest heavily in the research and development of what they now consider to be the “future of the internet”. With this new acquisition, Mozilla reminds its competitors that it will be necessary to count on it in this long-term race. Lately it’s Telegram which has announced that it wants to launch its cryptocurrency exchange.

Do you want to combine the passion for football with cryptocurrencies? Trying to win up to $1000 per game with your best predictions while stocking up on Bitcoin, Ether and altcoins on the largest exchange in the world, it’s possible! Run to register on the Binance platform, your favorite team could win you big! (commercial link).

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

The Bitcoin Tower project in Dubai agitates Internet users
Metaverse

The Bitcoin Tower project in Dubai agitates Internet users

May 25, 2023
1.9k
BlockLords, the Web3 game cut to conquer the world
Metaverse

BlockLords, the Web3 game cut to conquer the world

May 15, 2023
1.9k
Metaverse: $774 million raised for Roblox with Robux
Metaverse

Metaverse: $774 million raised for Roblox with Robux

May 13, 2023
1.9k
Alibaba launches Cloudverse, its metaverse on Avalanche
Metaverse

Alibaba launches Cloudverse, its metaverse on Avalanche

May 6, 2023
1.9k
Web3 Lille: the metaverse is already tomorrow!
Metaverse

Web3 Lille: the metaverse is already tomorrow!

April 12, 2023
1.9k
Web3Lille: the show that opens the doors to the metaverse
Metaverse

Web3Lille: the show that opens the doors to the metaverse

March 30, 2023
1.9k
Load More
  • Trending
  • Comments
  • Latest
-The Blockchain Cafe

Write for us – guest post

April 14, 2022
Important Update On The Celsius Network

Important Update On The Celsius Network

June 14, 2022
TCS-The Blockchain Cafe

TCS roll-outs Quartz DevKit to help businesses build blockchain applications 40% faster

December 4, 2021
Quorums and Quorum Slices -The Blockchain Cafe

What Are Quorums and Quorum Slices?

December 4, 2021
OneCoin: the $4 billion Ponzi back in court

OneCoin: the $4 billion Ponzi back in court

0
The Blockchain Cafe

10 Things A Crypto Beginner Should Know

0
Binance Launches Training Program for Government Agencies

Binance Launches Training Program for Government Agencies

0
NFT games only scratch the surface of possibilities according to Animoca’s Yat Siu

NFT games only scratch the surface of possibilities according to Animoca’s Yat Siu

0
Ethereum (ETH) – The prince of amorphous cryptos below $2000

Ethereum (ETH) – The prince of amorphous cryptos below $2000

May 30, 2023
The US debt crisis could boost bitcoin

The US debt crisis could boost bitcoin

May 30, 2023
Arbitrum: 4,000 ETH flown on the Jimbos protocol in a hack

Arbitrum: 4,000 ETH flown on the Jimbos protocol in a hack

May 29, 2023
Ledger Recover – The wrong security idea?

Ledger Recover – The wrong security idea?

May 29, 2023
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency

© 2022 The Blockchain Cafe - Designed and Maintenance by The Blockchain Cafe.

Navigate Site

  • News Story
  • Blockchain
  • Cryptocurrency
  • NFT
  • Metaverse
  • DAO
  • Listicle

Follow Us

No Result
View All Result
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle

© 2022 The Blockchain Cafe - Designed and Maintenance by The Blockchain Cafe.

Welcome Back!

Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version
x
x