Good morning, and happy new week! It’s Monday aka Metaverse day and a LOT went down this week!

We’re covering a special Metaverse film festival set to blow you away next month, plus how Sony’s bleeding edge VR headset is shaping up, and if that wasn’t enough, we’re also bringing you a report that states the $900 billion untapped potential of the Metaverse!

So buckle up in your virtual thrones, picture yourself aboard a virtual spaceship, and prepare for a journey to the moon!

Written and curated by Vineet

📈📉Weekly Metaverse Moves

Metaverse Markets: SocialFi is one of the most under-rated aspects of web3 and it’s really great to see XTM (Torum) booming in this market. If nothing else, this directly proves the point that one can rely on other forms of investments apart from meme tokens or shitcoins to make it big in the bear! On the other hand, massive game tokens are crashing right now with Yield Guild and Decentral bearing the brunt this week.

🌑Full Moons - Metaverse Film Festivals, Sony’s New Headset, and Fortnite!

Mona Fest: Step Into The Future Of 3D Filmmaking!

Step into the innovative world of the Mona Shorts Fest, a groundbreaking event hosted by the 3D world-building platform, Mona. This unique festival gathers visionary creators and filmmakers boldly experimenting with immersive technology.

From September 26th to the 29th, the fest offers an immersive program, each day defined by a distinct theme.

• Day 1, the Opening Night Spectacle unfolds, featuring a digital red carpet, interactive popcorn moments, an awards ceremony, and insights from esteemed jury members.

  • The night culminates in an opening party with electrifying DJ beats.

• Day 2, New & Experimental Horizons, invites attendees to experience a mysterious performance, a panel on the future of filmmaking, and premieres of cutting-edge films.

• Day 3 explores a Sci-Fi Odyssey with trivia, a sci-fi film showcase, and more.

• Day 4, the Anime Extravaganza wows with anime performances, VRM contests, and a celebration of animated creativity.

• Day 5 brings a Comedy Carnival, featuring a hilarious comedy performance, a film showcase, and the Mona Short for Comedy.

  • Closing night also promises a stellar DJ night, so get ready to lace up those party boots one more time!

Reminder: This fest isn't just about films; it's about pushing the boundaries of 3D world-building and creativity, set in the digital realm of Mona Metaverse. Submissions close on September 20th!

Sony’s VR Listens To Your Environment & Recreates It

Get ready for a wild VR ride as Sony unveils their plans for its latest VR headset innovation! This new patent is like a magician's trick - it makes real stuff pop up in your virtual world. Imagine gaming with your favorite chair or avoiding a plant pot disaster in the metaverse - this headset's got your back, your sides, and what’s right in front of you.

How's it work? By listening to objects! It uses sound to figure out what things are made of and recreates them digitally. So, that chair you're sitting on becomes your virtual throne in no time!

• But that's not all - this VR wizardry isn't just for gamers. Imagine if folks with poor vision could use sound to find chairs or navigate spaces. It's like a superpower for them.

And hey, the patent's not just a fancy idea; it's Sony's way of saying, "We're taking VR to the next level!" So, whether you're a gamer, a plant lover, or just someone excited about the future, Sony's got some mind-bending VR tricks up its sleeve!

Fortnite Could Make You Rich!

Hold onto your virtual hats – Karta, the cool cats of the metaverse scene, just dropped a Fortnite bombshell! They've rolled out their very own Fortnite studio, and it's not just for kicks. These metaverse maestros are teaming up with music, entertainment, and sports big shots to cook up mind-blowing in-game experiences.

• Leven2k, the Fortnite legend, is steering this ship. With Leven2k's gaming wizardry, Karta's new studio is poised for epicness.

• And guess what? They've whipped up a wild Fortnite map, "Pooh vs Death," where Winnie the Pooh goes head-to-head with the Grim Reaper! Talk about a showdown of epic proportions! 

This move isn't just fun and games; it's a moneymaker too. Epic Games' “Unreal Editor for Fortnite” is in the mix, giving creators superpowers to dream up even crazier in-game worlds. Plus, 40% of all revenue goes straight to creators. Ready to take your gaming life to the next level? Karta's got you covered!

🔭The Scope: The advancements in the Metaverse and AR/VR technology are just starting to show signs of a new age. This is a time of in-game prosperity and IRL profit - merging physical and digital experiences to create an impact that goes beyond entertainment. From films to gaming to interactivity, the next few years look exciting for Metaverse Voyagers! Sony is a global tech leader and as they look to cement their legacy with their upcoming headset, we wonder if (when) other brands like Samsung, Google, and more will announce their own versions of cutting-edge VR models.

🌓Half Moons

7-Eleven blends car culture and gaming via a Fortnite scavenger hunt, connecting with younger audiences and boosting delivery services. Players explore a virtual 7-Eleven, sharing selfies for rewards, aligning with their modern marketing approach, including logo refreshes and musical partnerships.

Bain & Company's paper shines light on the Metaverse's economic potential, foreseeing a $900 billion market valuation by 2030 and advising businesses to seize opportunities early in distinct sectors like virtual experiences, content creation, app stores, devices, and computing to establish a foothold and lead as the Metaverse evolves.

South Korea's metaverse hub, Zepeto, rides the NFT wave in partnership with Jump Crypto via a $13 million seed funding round. It features NFT-exclusive 3D homes on the Ethereum scaling network Arbitrum, bolstering crypto adoption with a focus on reshaping the intersection of virtual realms and blockchain possibilities.

🔭The Scope: A $900 billion market valuation is a global leap in communication technology that is yet to happen. Though we’re in a steep bear market, we’re only getting started with the possibilities and potentials of the Metaverse as a concept. It would seem that 3D Homes and Car Scavenger hunts are just the playful beginnings of a new dawn in Metaverse-mania!

⚪Total Eclipse

💫Shooting Star

This week’s shooting star is D*Face.

In a decade-long journey, DFace transformed from a desk-bound dreamer to a prolific creator. From pencil sketches to vibrant characters on vinyl, his art escaped paper, adorning lamp posts and inspiring nighttime creations. Characters multiplied, stickers turned to posters, and with his job left behind, DFace's art evolved into satirical social commentary, bringing unexpected subversion to urban spaces. His ongoing odyssey is marked by artistic exploration and evolution.

🌚Dark Side of the Meme