make levels coiled are up easily. any channels so mm hm. the freedoms have come at a price. the official death toll remains a low at a little more than $5200.00. but experts believe the real figure is many times higher and that china may be facing its worse surge yet in the build up to the winter travel season and lunar new year when hundreds of millions of workers will travel home by road rail and air. your up to date, our texture shift is next on the w. i'm jared reading. berlin, thanks for watching. i appreciate your thoughts. they will grey, you will be interest

in the global economy, our portfolio d. w. business beyond. here's a closer look at the project. our mission to analyze the fight for market dominance, get us to the head with d w. business beyond mess averse the tech buzzword of the past few months. virtual world is supposed to offer unlimited opportunities for fun, games and work. a tech sector has invested huge amounts of cash into the met averse, but what has actually happened to the original dream virtual universe, ah.

apart from metas horizon worlds, others are also working on making the vision of the med of us a reality. such as roadblocks, the sandbox and the central land. for example, mark zuckerberg has invested billions into his met with us idea. but will it pay off? and willing competing met her. there's like in the science fiction novel, snow crash does not exist yet. instead, there are more than $100.00 virtual worlds. it's unclear which will come out on top, but we can already see what people like doing and spending money on intimate of us . visual music events are popular. arianna grande's snoop dog and others have attracted more than $60000000.00 fans to the met of us, but is often no charge for the tickets. a vigil real estate trading on the other hand is a major source of income in the matter of us. they have already been sales of nearly $470000000.00 euros for virtual houses and land

the total value of all via goods is currently more than triple that at around $1500000000.00 euros. visual dating is yet to take off. but forbes magazine predicts the number of via dating apps will grow. one example is us stars have planted sita. hello, chris, my virtual days, love me to meet you. nice to meet you. we've set up a number of places to be able to either organically meet new people or through our micro dating, which is an over here to your left the in the v i p area. it's like a quick kind of speed date. and if it goes well, the making you want it to a coffee date that's a little bit longer visual schools and fitness programs will be a big part of via and the met of s se industry experts. working out, immersed in

a completely different world around a 5th of potential via hardware customers in the usa that's more appealing than any other be our application. but front run as though are still the v are multi player games like fortnight and the roadblocks, gaming platform. they generate billions and revenue roadblocks allows users to create their own virtual environments and games that other users can play themselves. every day, up to 68000000 gamers are active at the same time on roadblocks of as a loan. yet the project created back in 2006 hasn't made any profit so far. so the matter of us is state in a very early stage in terms of development. a big part of what empties i see on the matter of us right now is focused around m, getting attraction from investors. it's all about getting to that next stage getting development a bit further. and currently we're not at a stage where the massive us is any when they're ready yet to bring on and find

appealing an office to consumers or to businesses really that can help driving the met of us forward outside the gaming industry. there are other issues with the met averse even if big companies like metal or microsoft promised. otherwise. the promises were huge, especially regarding the graphics pre produced trailers, shown as met as annual keynote, for example, raised high expectations. but in reality, metas may nap horizon worlds is a bit of a let down torsos without legs, jerky, animation, and virtual worlds that are often deserted. these issues also play competitors like v r. chat. enter one of these virtual worlds to hang out with the fantasy avatars. and you might find the interaction a little strange. maybe how you been. are you all right? everything. okay. but it's not quite the revolution of social interaction that was

promised not yet. anyway. many of these social v, our worlds are also not seeing the user numbers they'd hope for. according to the wall street journal medice horizon worlds were visited by only 200000 active users in october 2022. far from the initial $500000.00 target for the end of the year, an alternative to met averse is the central land, were seen by a non profit foundation. it's a decentralized world where users can buy virtual land as nf t's the graphics are more involved than in met is horizon world. the avatars even have legs. but it's also a lonely world. the website, d. c. l metrics measures around 8000 visitors a day. the question is, what kind of met averse to we actually want one where we can experience everything from music festivals, to dates and business lunches, or could have met a verse like the our chat which has one clear focus come out on top. because what

exactly is met is horizon world's unique selling point. without that it could be difficult for soccer bugs trained to take off. format meadow advisors have voiced their skepticism, such as video game, develop a legend, john carmack. in his speech, at the 2022 letter connect conference comic said instead of programming an entire virtual universe, then i to those should emerge from an existing popular game or ap. he compared this to his development of the 1st person, shooter games. dim and quake in the 19 ninety's, which created technology that was later used for the game ferentz. for many mark zuckerberg, horizon worlds just isn't developed enough yet. some people are skeptical that one single company can create a successful world. wide med of us, myself included an medice stock value has plummeted. but the idea of a met averse is still appealing for many investors. analysts predict the sector could reach a value of 750000000000 euros by 2024. central america also wants to

jump on board, but it's risky and difficult to make money with a med reverse. as our next example from guatemala shows, virtual houses, you oppose and my and pyramids, it's all for sale and plots of land. this met averse project was founded by the guatemalan real estate investment fund portfolio diversity, kado. each virtual property or plots. he costs $500.00 us dollars plots, he land sold $3000.00 of them. it was one of the 1st met a vs in latin america. i'm looking back there and now let's look at projects, but then not that popular. most of them work with may services with an n f t economy. and it like to give her land like hollandia and be a bar salon. and each one gives that a style a different user experience. with how little side you ownership of the plant

sees is established by unique and f t certificate, a non fungible token that can't be copied, substituted or subdivided. and if these are recorded in a block chain to certify authenticity and ownership, they can be sold and traded bazzi land founders promised their investors a return of 8 percent in the 1st year. but open see the biggest and f t market that hosted plots. he land removed the digital collection from its servers, triggering a panic on instagram plots. he land founder rodrigo blanco, has asked owners to remain calm and says their properties are safe in the n f t wallets for him, but aren't they? sorry i didn't get the most important thing is to know which block chain your wallet is in. it seems to me that a hand on that because there are block chains that just stopped working. no matter how secure or decentralized they are equal. not one of them get element in the last they would open see is a platform that doesn't really offer security. and i would say it doesn't have the decentralization that is needed in the world of block chain and crypto. busy only

we have to be sure that no one can get into our wanted see my class yet. there are many, many diverse platforms have their own economic system based on and if tease and block chains, this is how they're hoping to attract investors and generate revenue. so when we talk about and cheese and block chain, i in a sense think they provide an example of the technology and the angled. it's needed to really take the met averse to the next step. the other question is also ah, and if she's unblocked shane a mass market focused tool, the terms block shannon and cheese together with crypto currency. ah, almost scary words. ghost are associated with technological development, but they're also associated with high risk. there aren't just problems with the use of nf t's which form the backbone of economic systems in the med averse a lot needs to also improve in terms of user friendliness and immersion before them

adverse can really get going. oh, most of us worlds have one thing in common, no matter how well developed the visual experience, you don't feel anything which starts users from being fully immersed to their number about some challenges. first and foremost is optics. not that is a fundamental issue because the way that we interact with the real world is, is driven by it. so essentially motor system. so we, we are actively gathering the information from the rockers to interactions. and that was the key thing with the our to work with jackets enable sensation in b. r uses can feel, hugs, heat, and even pain. the sense of touch is vital for a realistic experience. this is also challenging for the design. if you're using

a virtual laptop, you should be able to feel the keyboard so called tracking systems can map objects and transmit them as virtual objects or avatars. but we have a few solutions now of bringing a virtual keyboard, introvert, reality and then mapping it over you realize keyboard. so you see your virtual hands on a virtual keyboard there, one for one with your real life hands on a real keyboard. this also means that laptop and phone screens need to be visible in the matter verse. here literally as he comes in handy, can create multiple monitors. and so instead of having one screen to work on, you can have 5 screens to work on. sure, if you're someone who has a lot of tabs open are applications, you can spread out nicely. however you want. in virtual business conferences uses one to look the part i don't like themselves. london bay stars have numerous make is working to create realistic avatars. we believe in the met her birthday will be many gaming and non serious applications. we can get away with the non realistic

avatar. but the, tomorrow's matter verse will really also be about serious work, where you really need to put project your real self and not, not your cartoon for these hot, realistic avatars are created using artificial intelligence and 3 d scans. they could encourage users to try out more serious applications in the met of an even more important than half dixon avatars is connectivity. future virtual worlds need to be linked to one another to avoid having to sign in, or create new evidence every single time this way. the dream of a truly digital universe can become reality. how much potential do you see in the idea of a med of us and what could it be useful? let us know by for now and see you next slide. ah ah,

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