The crypto exchange platform Coins launched the country’s first-ever VR Avatar Studio to help Filipinos tap the opportunities of the metaverse.
The acronym stands for “non-fungible token,” which records ownership of digital and physical objects via blockchain.
is a computer-generated world in which people can visit and perform various activities, such as playing games or meeting officemates.that let them feel as if they were inside these digital worlds. It lets people turn their NFTs into digital avatars that represent them in virtual reality. In other words, they would walk around in VR as if they were these characters.NFTs. They wore motion capture suits that enabled their characters to mimic their movements.
Moreover, 69% of Filipino respondents see the more widespread use of VR-based tools for business in the next three years.
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