Too long not to look at the version
Zuckerberg's personal wealth shrank by $71 billion, betting on the metaverse is a blessing or a curse?
Shanghai: Conflux OS, an Internet operating system for Web 3.0 technology, has been developed
Ministry of Industry and Information Technology: The number of blockchain patent applications in China accounts for 84% of the global total
DigiTimes: MediaTek will mass-produce HPC chips in CoWoS packages in 2023 for use in metaverse and other fields
The Korea Communications Commission will work with Meta to strengthen the security of the Meta platform
The European Commission wants to regulate the metaverse and will introduce legislative proposals in 2023
An AR theater is opened in Tokyo, allowing virtual characters to perform AR holographic performances
Li Ming, chairman of the IEEE Committee, put forward 4 suggestions on the development of the meta-universe, including the unified industrial consensus
Wanxiang Blockchain Xiao Feng: Blockchain applications may break out from 2025, and DAO will become the main form of business organization
Data: 227 digital collections have been issued by 7 central media digital collection platforms
Immersive display company Brelyonf received $15 million Series A funding
Swiftly, a new retail technology solution provider using AI, received $100 million in Series C financing
Magic Land is about to release Teresa Teresa's digital collection
The number one collection platform will launch the "Qi Baishi Series" digital collection
Metaverse headlines
Zuckerberg's personal wealth shrank by $71 billion, betting on the metaverse is a blessing or a curse?
On September 20, according to the daily report of the Science and Technology Innovation Board, the latest data showed that the personal net worth of Mark Zuckerberg, CEO of the US technology giant Meta, plunged by $71 billion in 2022. His push for large bets on the metaverse doesn't seem to have paid off much.
According to the Bloomberg Billionaires Index, Zuckerberg slipped from 6th in January to 20th now. Meta is Facebook's parent company. As the company's founder, the entrepreneur's net worth is $55.9 billion, down more than half of his $126.9 billion net worth in January. He peaked at $142 billion last September.
Correspondingly, Meta's share price peaked at $382 per share in January and is currently about $148, down more than 56% so far this year.
According to the latest information, Zuckerberg holds 350 million shares of Meta stock. Almost all of his personal wealth is related to Meta, so his fortune has been hit hard as the stock price has fallen. In the current downturn in the market, he seems to have lost more than other tech tycoons.
Last month, the company launched its NFT product on its Instagram and Facebook social platforms, where users can post their respective digital collections in their digital wallets, a move that users loved.
However, the metacosmic field has not achieved similar success. Meta has placed a big bet of $10 billion on the meta-universe business, but its net income has dropped sharply.
Zuckerberg also said that the company will continue to invest in the metaverse and will invest more cash.
Domestic dynamics
Shanghai: Conflux OS, an Internet operating system for Web 3.0 technology, has been developed
On September 20, according to the Financial Associated Press, the Shanghai Municipal Government today held the second press conference of the special series of party committees of "Striving for a New Journey and Building a New Era of Meritorious Service" - a special session on scientific and technological innovation, Xu Feng, secretary of the Party Committee of Shanghai Science and Technology Work, introduced that Shanghai supports and leads the innovation and development of emerging industries and has developed and completed the Internet operating system Conflux OS for Web 3.0 technology.
It is reported that Conflux is a scalable, decentralized blockchain underlying platform, aiming to create a trusted, secure, borderless, and decentralized ecosystem that everyone can participate in.
Ministry of Industry and Information Technology: The number of blockchain patent applications in China accounts for 84% of the global total
On September 20, according to the Financial Associated Press, the reporter learned from the press conference held by the Ministry of Industry and Information Technology on the 20th to "vigorously develop a new generation of information technology industry" that the information technology service industry achieved revenue of 3.03 trillion yuan from January to July this year, an increase of 12% year-on-year. In the software industry, the entire industry revenue accounts for 65.5%.
From the perspective of segmentation, the average growth rate of the cloud computing industry is more than 30%, and the global market accounts for 14.6%. Emerging technologies such as cloud computing, big data, and blockchain have accelerated innovation, and the number of international patent applications has increased steadily, with the number of blockchain patent applications accounting for more than 84% of the world's total; The pace of enterprise cloud migration continues to accelerate, with more than 3.6 million cloud enterprises nationwide.
DigiTimes: MediaTek will mass-produce HPC chips in CoWoS packages in 2023 for use in metaverse and other fields
According to DigiTimes, according to supply chain sources, MediaTek will use advanced process nodes and CoWoS packaging technology in 2023 to mass-produce new high-performance computing chips, which will be manufactured by TSMC for the meta-universe, AIoT and other fields.
MediaTek is actively stepping into the HPC space, and it will use CoWoS technology under TSMC's 3D Fabric platform to heterogeneously integrate its own HPC chips with high-bandwidth memory chips purchased by customers from other suppliers, and small-batch production will start by the end of 2022 and then increase production in 2023.
Overseas dynamics
The Korea Communications Commission will work with Meta to strengthen the security of the Meta platform
On September 20, according to Forkast, Ahn Hyoung-hwan, vice chairman of the Communications Commission (KCC) of South Korea, met this week with Andy O'Connell, vice president of product policy and strategy at Meta Platforms, Inc., to collaborate on the security aspects of the meta-universe platform and discuss how to strengthen the protection of meta-universe users.
It is reported that Horizon Worlds, operated by Meta, is a meta-universe platform powered by VR technology, which has been launched in parts of North America and Europe. Previously, users were sexually assaulted on Horizon Worlds, prompting Meta to adopt a personal boundary system.
The European Commission wants to regulate the metaverse and will introduce legislative proposals in 2023
According to Sina VR, European Commission President Ursula von der Leyen has set priorities for 2023. The letter of intent also announces an initiative about virtual worlds, such as the metacosm.
EU Internal Market Commissioner Thierry Breton was more specific in a blog post titled "People, Technology and Infrastructure – Europe's Plan for Prosperity in the Metaverse". In it, Breton noted that the European Commission has not yet completed the regulation of the digital marketplace and that after the passage of the Digital Markets Act and the Digital Services Act, the next target of the plan is the metaverse.
In the second part dealing with technical measures, Breton hints at financial support for European companies and introduces a VR and AR industry alliance involving more than 40 EU organizations.
In addition, Breton talked about metacosmic infrastructure. The plan outlined is to support the expansion of the European network through meta-cosmic taxes paid by digital world providers. These goals and intentions sound reasonable, but the question is how to implement them. Forcing companies to accept an overly restrictive legal constraint may discourage rather than encourage innovation.
An AR theater is opened in Tokyo, allowing virtual characters to perform AR holographic performances
According to Sina VR, recently, the Mixalive TOKYOAR Theater in Tokyo's Ikebukuro LIVE Entertainment Building opened an AR theater, where virtual characters such as VTuber can perform real live performances.
It is understood that the Mixalive TOKYOAR AR Theater is jointly operated by VAPOLLO JAPAN and Kodansha, and the AR holographic system is installed in the "Theater Mixa" of MixaLive in Tokyo, and with this facility, it is easy and cheap to hold AR holographic performances featuring VTuber. The system can also be used for a variety of XR events with live performances, such as 2.5D musicals and commercial events.
In addition, by introducing a live broadcast system that can be linked to the Shanghai AR Theater VAPOLLO SHANGHAI to synchronize the AR live in Tokyo, it is possible to hold AR live in Shanghai simultaneously. Movable 4K transmissive screen AR boxes will also be installed in theaters in Tokyo and Shanghai, enabling virtual characters and real performers to perform remotely and at small events.
Metacosmic perspective
Li Ming, chairman of the IEEE Committee, put forward 4 suggestions on the development of the meta-universe, including the unified industrial consensus
On September 20, Li Ming, chairman of the IEEE Computer Association Blockchain and Distributed Accounting Technology Standards Committee, elaborated on the background of the development of the metaverse at the eighth global summit of the blockchain, and said that NFT as a digital asset certificate gradually went to the public, which greatly promoted the development of the metaverse.
From the perspective of its value, NFTs are conducive to content assetization, asset confirmation, and intellectual property protection. In addition, Li Ming also said that the key elements of the metaverse include four aspects of organization, identity, assets and activities, and the blockchain can just support the development of the metaverse from these four aspects.
Regarding the future development of the metaverse, Li Ming put forward four suggestions: 1. Unify industrial consensus; 2. Explore technology integration methods; 3. Innovate application scenarios and business models; and 4. Strengthen research on ethical governance of science and technology.
Wanxiang Blockchain Xiao Feng: Blockchain applications may break out from 2025, and DAO will become the main form of business organization
On September 20, Xiao Feng, chairman and general manager of Wanxiang Blockchain, said at the 8th Blockchain Global Summit that with reference to the process of Internet application development, blockchain applications should begin to break out in 2025. At that time, the blockchain system may be able to reach a million TPS per second. At the same time, all aspects of Web3 technology may be basically ready.
In addition, new forms of business organization began to improve and began to function well. In the future, the DAO will become a very major form of business organization in the era of blockchain application explosion.
Xiao Feng concluded: "Whether it is the Internet protocol stack or the blockchain protocol stack, the more the underlying protocol, the more global unification. The more unified the underlying protocols, the more diverse the protocols of the application layer, such as hundreds of application layer protocols on the Internet. I believe that in the future, there will be hundreds of protocols for blockchain at the application layer. The big explosion of application protocols is actually the big explosion of applications, that is, the explosion of blockchain business, so I am very much looking forward to the arrival of blockchain in 2025. ”
Institutional perspectives
Data: 227 digital collections have been issued by 7 central media digital collection platforms
According to the Science and Technology Innovation Board Daily reported on September 20, the data shows that there are 7 digital Tibet platforms under the central media, including CCTV's Central Digital Collection, Xinhua Digital Tibet under Xinhua Network, Lingjing People's Art Museum under People's Network, Guangming Arts under Guangming Daily, Guangming Digital Tibet under Guangming Network, Leopard Youth Universe under China Youth Daily, and "Shizang" created by China Search under Xinhua News Agency.
Up to now, 7 central media digital collection platforms have issued a total of 227 digital collections, of which Xinhua Digital Collection has issued up to 100 items, and Lingjing People's Art Museum and Leopard Leopard Youth Universe Digital Collection have issued 11 and 19 respectively.
Financing news
Immersive display company Brelyonf received $15 million Series A funding
Gyro Technology news, recently, immersive display company Brelyonf announced that it has completed a $15 million Series A financing.
The round was led by Lockheed Martin and MIT's E14 Fund, with participation from Corning, LG Tech Ventures, UDC Ventures and Franklin Templeton.
It is reported that the company, an affiliate of the Massachusetts Institute of Technology, demonstrated its immersive panoramic display technology for the first time at CES in Las Vegas as early as January this year.
Swiftly, a new retail technology solution provider using AI, received $100 million in Series C financing
Swiftly Systems entered the unicorn space after announcing another $100 million round of funding today, this time in Series C. The new funding is led by BRV Capital Management.
Swiftly Systems is a new retail technology solution provider in the United States, focusing on creating a digital retail media platform that uses AI to help retailers and consumers make digital connections and trade goods, and is committed to providing users with relevant digital shopping experiences and services.
Digital collections
Magic Land is about to release Teresa Teresa's digital collection
According to Yuanli She, the Phantom Land platform signed the music rights to Teresa's song "Don't Pick the Wildflowers on the Roadside" and will launch a digital collection of the song.
It is understood that "Roadside Wildflowers Don't Pick" is included in Teresa Teng's 1973 Chinese album "Young Love Girl/Who is the Sweetheart", which is a Chinese song written by Malaysian musician Lee Chun-hung to Chinese singer Teresa Teng in 1972.
The number one collection platform will launch the "Qi Baishi Series" digital collection
In August 2022, Beijing Chinese and Foreign Celebrity Culture Media Group officially signed a strategic cooperation agreement on digital collections with the Beijing Academy of Painting and the number one collection platform, jointly launching the "Qi Baishi Series" digital collection.
The first phase of the online digital collection "Shrimp" will be officially released on September 23, the number of copies of this sale is 2800 copies, according to the written records in the book "Qi Baishi Painting Method and Appreciation" and the precious historical images of the old man Baishi painting in the documentary "Painter Qi Baishi", reproducing the process of Qi Baishi painting shrimp.