future technology web3 and metaverse

In the majority of businesses, including the automotive industry, Web3, metaverse NFT and blockchain are becoming more and more "hot" topics. Metaverse describes a new way that we interact with the digital and physical world. When we look at NFTs, we can see that one of the variables is based on the ownership ID. In other words, when you consider it that way, it expands your understanding of what an NFT is.

The implications of emerging immersive technologies for the web3 and the automotive sector are deta

iled in a report by Simonkucher & Partners. The paper goes into detail on how for example, a project like holoride combines blockchain technology through the addition of utility for passengers in the form of its token, RIDE. Holoride integrates four important industries, including automotive, media, technology, and blockchain, which is interesting.

Intriguingly, the company's first NFT collection, Skyjack NFT, has been made public, In the holoride game "Cloudbreakers: Leaving Haven," it is rumoured that the Skyjack NFT unlocks a corresponding in-game avatar. The pre-sale for whitelist spot holders starts Nov 23, while the public sale starts on Nov 27. And I think the mint date is scheduled for the 1st week of Dec. The in-car VR games are based on Edutainment, immersive and casual experiences. And I kinda fancy the planet Ride game amongst the others like Einstein Brain teaser, Tyrannosaurus Rex, Girls with Gut that will be among the upcoming games.

The metaverse, which is based on Web3 technologies like VR, AR, NFTs, and blockchain, is influencing a new frontier in the automotive industry. Ford, the American car manufacturer, is jumping on the Metaverse bandwagon, according to its recent trademark applications. It also has plans for online stores with non-fungible tokens (NFTs). South Korea's car giant Hyundai also filed several trademark applications related to the Metaverse and non-fungible tokens. Alfa Romeo built NFTs into its vehicles to store maintenance records. While Jaguar and Land Rover will equip its models with an in-car crypto wallet to help drivers monetize their data.