And is that among the industries most relevant to the metaverse are those of materials and real estate . In March of this year, to name just one case, the House of Mars was sold for over $ 500,000 in Ethereum, and it was an NFT, which the buyer can use as a home in a metaverse.
Additionally, Palikaras said his company has pioneered technologies to enable AR displays, as well as 5G connectivity, so its relationship with the Metaverse is not far off. Meta Materials even said in a statement that it would be part of an online panel, which Facebook Reality Labs will participate in to discuss the future of augmented reality glasses.
This is not the first time that a business has grown with a name. In 2019, for example, a Chinese communications company called Zoom Technology grew by more than 80%, due to the emergence of the Zoom Video Communications video conferencing service.
Another example is CluHouse Media Group , a media and marketing company, which jumped more than 1,000% in February because retail operators mistook it for the popular live audio app, which was endorsed by billionaire Elon Musk.
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