![Weekly Wrap: What's Happening in the Metaverse This Week? [May 2, 2022] | CoinMarketCap](https://i.headtopics.com/images/2022/5/2/coinmarketcap/weekly-wrap-what-s-happening-in-the-metaverse-this-week-may-2-2022-coinmarketcap-1521160090371477507.webp)
CoinMarketCap looks at the latest happenings in the metaverse — from yugalabs' OthersideMeta metaverse land mint costing millions in gas, to Nike's first metaverse sneaker reveal with RTFKT. Read more on CMCAlexandria 👇
Customers will be able to try several demos and experiences associated with the metaverse in the physical store. The available hardware in the store will include Quest 2 VR headset, Portal and Ray-Ban Stories. Martin Gilliard, Head of Meta Store,“Once people experience the technology, they can gain a better appreciation for it. If we did our job right, people should leave and tell their friends, ‘You’ve got to go check out the Meta Store.’”.
Meta has frequently been in the news for its efforts in the burgeoning sector. But despite its efforts, critics have called out the company for several anomalies in its products and offerings. For instance, the social media giant was recentlyby its rival Apple for its high revenue share for creators who want to monetize their works on its Horizon Worlds VR app. A spokesperson for Apple said:
“Meta has repeatedly taken aim at Apple for charging developers a 30% commission for in-app purchases in the App Store — and have used small businesses and creators as a scapegoat at every turn. Now — Meta seeks to charge those same creators significantly more than any other platform. [Meta’s] announcement lays bare Meta’s hypocrisy.”From top athletes to celebrities, and big names in the corporate world, NFT and metaverse-related trademark filings have continued to roll in.
In a teaser video posted on Twitter, RTFKT showed how the appearance of the digital sneakers can be changed via collectible “Skin Vials.” The CryptoKicks were available to owners of the Nike and RTFKT Mnlth NFTs, which were airdropped to holders of RTFKT’s CloneX tokens. The reveal came after a series of quests and puzzles that collectors needed to solve.This article contains links to third-party websites or other content for information purposes only .
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