EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Crypto News

Triller Launches Metaverse Platform

Admin by Admin
October 18, 2022
in Crypto News
0
triller launches meteverse platform...
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
MMC MMC

 Short-video platform Triller Inc is the latest company to stake its claim in the metaverse with the launch Monday of a new platform called Metaverz.

Triller said its Metaverz provides virtual spaces where users can gather to watch live music and sporting events. Such as, Bare Knuckle Fighting Championship or the Triller Fight Club, and interact with artists and other fans.

Its first event takes place on Oct. 22 with DJ Sam Feldt performing an electronic set from the Netherlands. After dropping into Metaverz’s virtual nightclub as an avatar to mingle with guests. The virtual performance is one of 2,000 events Triller and its subsidiaries plan to host in the next year, a majority of which will happen in the real world and in Metaverz.

Triller’s Metaverz will compete with deeper-resourced rivals like Meta Platforms Inc (META O) which has spent billions of dollars to create an immersive digital environment.

 Triller showed off virtual environments the company spent the last two-plus years building, including a sports arena, beach houses surrounded by rippling water and palm trees and a nightclub with projection screens, laser lights and marble floors. Clusters of seating areas provide places for users to talk with one another, either as avatars or via livestreamed video that appears in a dialogue box on the screen.

The Metaverz is accessible via any internet-connected device, through a browser. The company is working with Epik to create games within its Metaverz. Players can earn digital currency, dubbed Illr Bucks, that can used to buy virtual apparel, customize their avatars, or purchase tickets to events hosted by Triller or its creators.

The Triller video sharing app launched in its current form in October 2019, and has looked to take on larger rival TikTok. The company added fresh content and features to the platform with the acquisitions of live-streaming music platform Verzuz, founded by Grammy-winning producers Swizz Beatz and Timbaland, combat sports brands Bare Knuckle Fighting and Fite.tv, and Fangage, Julius and Amplify.ai, whose technologies help creators connect with and monetize their fan base.

Triller CEO Mahi de Silva said the company is losing money, but expects to cross into profitability by 2023. It has run afoul of one of the world’s largest music companies, Sony Music Entertainment. Which filed a lawsuit against Triller in August in federal district court in New York, seeking millions of dollars in damages after the video-sharing app allegedly stopped paying licensing fees in March 22.

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: Cryptometeversetriller
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

Dubai City Launches Metaverse ‘Police’ Cops

Next Post

SEC Gives Clarity On NFT Rules

Admin

Admin

Next Post
LUX* Makes Its Entry Into The World Of NFTs

SEC Gives Clarity On NFT Rules

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
Virtual stadium in the metaverse

Why Virtual Stadium Can Be the Next Big Thing in the Metaverse

January 26, 2023
USDD Depegs

USDD Stablecoin Depegs To $0.96, Tron (TRX) Dumped

December 12, 2022
What is Initial Coin Offering?

Initial Coin Offering (ICO)

0
What is staking?

Staking

0
What is Defi?

Defi (Decentralized Finance)

0
Differences between Axie Infinity and Decentraland

Axie Infinity and Decentraland: Features and Differences

0
FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023
Crypto Trading Volume Rises By 25.9% Due To Whale Moves

Crypto Trading Volume Rises By 25.9% Due To Whale Moves

February 6, 2023
Hackers Stole $3.8 Billion From Crypto Firms

Hackers Stole $3.8 Billion From Crypto Firms

February 6, 2023

Recent News

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023
Crypto Trading Volume Rises By 25.9% Due To Whale Moves

Crypto Trading Volume Rises By 25.9% Due To Whale Moves

February 6, 2023
Hackers Stole $3.8 Billion From Crypto Firms

Hackers Stole $3.8 Billion From Crypto Firms

February 6, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Forex News
  • Gaming
  • Reviews
  • Stocks

Recent News

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>