USP stated that it had never dealt with non-fungible tokens (NFTs) before.
The Brazilian-based University of São Paulo (USP) has announced that it will conduct research on the importance of the metaverse in the upcoming months. The study will be carried out by researchers that are interested in the effectiveness of VR and AR devices, as well as 3D modeling, human behavior, and psychology.
The World Economic Forum's Annual Meeting, which wrapped on May 26, highlighted the potential surrounding the metaverse. The panel named "The Possibilities of the Metaverse," in particular, looked at how metaverse technology may be utilized to improve children's learning. The panelists who debated the matter were men and women who held high-ranking positions at various companies. The Vice President of Lego Group Lewin stated:
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
What is Uniswap? (UNI Token Explained With Animation)
“One in three people using the internet are young adults and children, so I would really focus on building from kids’ perspective, given they are the future users.”
The panel also consisted of other various presenters, including CEO of Mindfire Foundation Pascal Kaufmann, CEO of Magic Leap Peggy Johnson, co-founder of High Fidelity Philip Rosedale, and research assistant professor at NY University Abu Dhabi Hoda Alkhzaimi.
According to Marcos A. Simplicio Jr., a professor at USP, this is the first time the university has dealt with NFTs as a result of cooperation. The token in question is a one-of-a-kind plot of land in the USM, which is being developed in collaboration with other institutions.
At first, this collaboration will consist of academics from a present arrangement dubbed UBRI that is supported by the payment protocol Ripple.
Simplicio expanded on the partnership and stated:
"USP is the first university in Latin America to have a partnership with USM to support the construction of its metaverse."
Earlier this month, during the WEF 2022, various presenters provided their views on where non-fungible tokens might be applied. In addition, they highlighted that easier accessibility of NFTs is one of the most important ways to encourage mainstream users to accept their usage.
