Arguably the whole world is excited about the metaverse.
Most recently, Microsoft has made the purchase of the world's gaming giant - Activision Blizzard Inc. at a value of $ 68.7 billion.
Indirectly this purchase puts Microsoft as the third largest gaming company after Tencent and Sony based on profits earned.
It is understood that this purchase is intended to further boost the gaming sector and metaverse plans that are currently in their focus:
Growth in its services in mobile devices, PCs, consoles, and cloud gaming.
Provides block construction for metaverse.
Encourage the involvement of the Xbox community.
Product introduction Dynamics 365 Connected Spaces
‘Mesh’ improvements that will introduce digital avatars and conducive spaces in the metaverse this year.
However, it is uncertain whether the Xbox will integrate with non-fungible tokens (NFT) or not.
For the record, Activision Blizzard is the company that introduced the Call of Duty, Candy Crush, and Warcraft games.
Since Facebook went through a rebranding phase with the name ‘Meta’, many companies started exploring the metaverse industry. China is also rumored to want to promote the metaverse in an effort to redevelop their economy.
