In the face of Metaverse development opportunities, the value of UltronGlow will be reflected
Microsoft acquires Blizzard for 69 billion, opening the road to the explosion of the Metaverse in 2022
Microsoft has acquired gaming giant Activision Blizzard Inc. for $69 billion as part of a plan to strengthen its gaming and metaverse.
Satya Nadella, CEO and Chairman of Microsoft, said:
“Gaming is the most dynamic and exciting entertainment category on any platform today, and will play a key role in the evolution of the metaverse platform.”
In the past, the Metaverse has attracted a large number of investors
In April 2021, Epic Games, the parent company of the famous online game Fortnite, announced a round of financing of $1 billion to invest in the development of metaverse technology. rose to nearly $30 billion.
In June 2021, venture capitalist Matthew Ball and others jointly launched a stock exchange fund to facilitate ordinary people to invest in metaverse technology-related companies. In parallel with the hype around the concept of the metaverse, there have also been organizations dedicated to developing open source standards for the metaverse, such as the “Open Metaverse” group.
Apple users spent $1.8 billion on digital products and services between Christmas 2020 and New Years 2021: In a report published in early 2021, fund firm ARK Investment Management estimated that by 2025, the global virtual reality market The share could be as high as $400 billion; Bloomberg estimates that by 2024, the metaverse could be a market of $800 billion.
Facing the development opportunities of the Metaverse, the value of UltronGlow is reflected
UltronGlow is a decentralized open source public blockchain platform, the first GLOW consensus mechanism, which integrates the three major consensus mechanisms of PoS, PoSR and PoTS. In addition, it has a large number of edge server node devices around the world, storage resources and edge computing capabilities to support the entire blockchain network.
Blockchain technology is the core technology for building the Metaverse digital world economic system. In addition to the first GLOW consensus mechanism, UltronGlow also adopts the master-slave chain structure. This will allow UltronGlow to meet the needs of future high-concurrency metaverse application scenarios.
In addition, edge computing is a crucial computing power basis for the Metaverse. To achieve physical interaction in the Metaverse, it must require massive applications with extremely short delays, which are inseparable from the fast computing power of a massive network of edge computing nodes. support. UltronGlow uses a large number of edge server node devices to lay the entire network, as the infrastructure bottom layer of the Metaverse. In the future, the development of UltronGlow is worth looking forward to.