Zuckerberg appeared in court to defend Meta’s VR acquisition case. China Unicom released the Metaverse strategy to create an integrated platform from base to application. The first reading Metaverse Libraverse was officially released. Chinese Literature Ju launched the first Meta

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Zuckerberg appeared in court to defend Meta's VR acquisition case

China Unicom released the metaverse strategy to create an integrated platform from base to application

the first reading metaverse Tuyang Libraverse officially released

Chinese language gathering online the first metaverse museum

Sony portable motion capture device mocopi Pre-orders started.

NBA Hall of Famer Scottie Pippen's NFT series was sold out in 77 seconds, setting a new record.

NASDAQ: Animoca Brands is the most funded Metaverse developer in 2022

Huawei Chief Middle East expert: 5G and 6G networks can handle the needs of the Metaverse

Auction house Christie's NFT sales fell 96% in 2022

Survey: 75% of game developers want to participate in the future Web3 Game development

digital collection industry data: 33.3% of consumers are willing to spend 51-200 yuan to purchase digital collections

Lanxing Software completed tens of millions of yuan in Series A financing

Your itinerary card digital collection is officially launched

Sanqi Interactive Entertainment joins hands with Meta The Other Side to jointly release the "Six Arts of Gentleman" series of digital collections

Metaverse headlines

Zuckerberg appears in court to defend Meta's VR acquisition case

Following Meta's Chief Technology Officer Andrew After Bosworth testified for Meta on Monday in the federal court in San Jose, California, saying that Meta had failed in innovation and needed to acquire Within to compete in the VR field, on Tuesday local time, Meta CEO Mark Zuckerberg also officially went to court in California to confront the federal government.

During the trial, Zuckerberg and an FTC attorney sparred over whether the company planned to build or acquire most of the apps for its virtual reality platform, and how important the fitness service was to its ability to gain traction in the Metaverse.

Meta and Within had previously set December 31 as the deadline to complete the deal, but said on Monday night that they were extending the deadline to January to give more time to issue a ruling. Administrative trials in the FTC's internal courts are currently scheduled to begin in January, an effort the agency typically abandons if it cannot first obtain a preliminary injunction in federal court.

Domestic news

China Unicom released the Metaverse strategy to create an integrated platform from base to application

According to China Securities Network, on December 21, China Unicom released the Metaverse strategy and established the Metaverse Innovation Industry Alliance. China Unicom stated that it will firmly establish the seven engine bases of network, computing power, AI, data, digital identity, 3D, and XR to create an integrated platform from base to applications, fully realize the deep coupling of cloud network capabilities, platform capabilities, and X application capabilities, and drive the comprehensive development of the industry.

China Unicom Online Information Technology Co., Ltd. General Manager Jia Zhiqiang said that China Unicom’s Metaverse development strategy is based on the new development stage, implements new development concepts , builds a new development pattern, closely follows China Unicom’s new positioning, new strategy, and new main business, and builds a new Metaverse ecosystem.

Libraverse, the first reading metaverse, was officially released.

36氪 learned that Libraverse, the first reading metaverse created by China Graphics Group, was officially released.

According to reports, Tuyang Reading Metaverse is adapted to global mainstream CAVE, VR, MR and other terminals, providing the publishing and cultural industry with comprehensive solutions based on deep synthesis technology based on interactive content development, virtual scene construction and digital brand promotion.

Guowenju launches its first Yuanshi Museum

According to China Development Network, recently, the online exhibition viewing applet "Looking for Treasures on the Cloud" operated by Guowenju (Beijing) Culture Technology Co., Ltd. was launched on Alipay has launched its first Metaverse Museum/Cultural Museum exhibition. For the first time, it launched a virtual exhibition of Song Dynasty cultural relics "Dream Back to the Song Dynasty". Users can create characters in the virtual space to immersively appreciate Song Dynasty cultural relics, listen to professional explanations, and browse digital cultural and creative products.

is different from the common use of high-precision photography technology to reproduce offline exhibitions online. "Dream Back to the Song Dynasty" is modeled from scratch and builds a purely virtual museum space. Only through technical setting, sustainable curation can be achieved in the metaverse space.

Overseas news

Sony's portable motion capture device mocopi opens pre-orders

Sony's portable motion capture device "mocopi" opens for pre-order at 10 a.m. on December 22, with a price of 49,500 yen (tax included). Users can pre-order on Sony's direct sales website Sony Store and need to log in with "My Sony ID". Each person can only purchase one.

It is understood that Mocopi is a portable motion capture device consisting of 6 tracking sensors and a dedicated smartphone application (supports iOS/Android). It works without a PC and can be used even outdoors. Its tracking sensor is 3.2cm in diameter and weighs 8g. When using

, the user needs to wear the sensor on the head, the wrists of both hands, the waist and the ankles of both feet. It's significantly lighter than existing tracking devices, a little larger than 500 yen, and has a battery life of up to 10 hours.

NBA Hall of Famer Scottie Pippen’s NFT series was sold out in 77 seconds, setting a new record

According to a report by The Block on December 21, NBA Hall of Famer Scottie Pippen’s NFT series set a new sales record.

Orange Comet, the company responsible for the former NBA legend Scottie Pippen NFT series and Hopkins NFT series, said that Scottie Pippen’s 1,000-piece NFT series sold out in just 77 seconds. According to OpenSea data, sales of Pippen’s collection have so far exceeded 218 ETH (approximately $260,000), with a floor price of 0.402 ETH.

Nasdaq: Animoca Brands is the Metaverse developer with the most funds in 2022

According to news on December 20, Nasdaq research data shows that the Metaverse industry completed 216 financing transactions in the past year, with a total financing amount of nearly US$2 billion.

Animoca Brands is one of the most important developers in the Metaverse ecosystem, completing 15 financing transactions and raising a total of $564 million in funding. Nasdaq analysis said that AI and Avatar companies that support customer service will be more likely to attract investment in the future.

Metaverse perspective

Huawei’s chief expert in the Middle East: 5G and 6G networks can meet the needs of the Metaverse

According to cointelegraph, Abhinav Purohit, Huawei’s chief expert for business and strategic consulting in the Middle East, believes that the current telecommunications infrastructure is not enough to cope with the needs of the Metaverse, and 5G and 6G networks may be able to.

He said that the concept of open metaverse is closely related to the Web3 movement, because its built-in economy will be realized by " digital currency and NFT"; to realize such a vision, download speeds, streaming media quality, mobile devices and metaverse hardware need to be rapidly improved to achieve smooth operation in the virtual realm.

Institutional View

Auction house Christie’s NFT sales fell 96% in 2022

In December news, art auction house Christie’s sold 87 NFTs in 2022 for a total price of US$5.9 million, a 96% decrease compared to 2021. In 2021, the art auction house sold more than 100 NFTs worth more than $150 million.

Despite fewer NFTs being sold, Christie’s has made significant progress in advancing its Web3 and NFTs verticals in 2022. It launched a venture fund that made its first investment in blockchain interoperability startup LayerZero on July 18.

Survey: 75% of game developers hope to participate in Web3 game development in the future

According to Cointelegraph, a survey commissioned by blockchain entertainment company Coda Labs showed that three-quarters (75%) of game developers surveyed hope to work on Web3 game projects in the future.

In addition, more than half of the respondents believe that Web3 will revolutionize the gaming industry. Some believe Web3 will have an impact on user acquisition and retention. 40% expect that implementing Web3 will bring more new users, and 36% believe that Web3 integration will allow games to better retain users.

Digital collection industry data: 33.3% of consumers are willing to spend 51-200 yuan to purchase digital collections

According to iiMedia Research (iiMedia Consulting ) data shows that among the amount of money that Chinese college students are willing to spend on purchasing digital collections in 2022, 33.3% of consumers are willing to spend 51-200 yuan to purchase digital collections, and 29.2% of consumers are willing to spend 201-500 yuan to purchase digital collections, 20.8% of consumers are willing to spend 50 yuan or less to purchase digital collections, 8.3% of consumers are willing to spend 501-1,000 yuan to purchase digital collections, and 4.2% of consumers are willing to spend 1,001-5,000 yuan to purchase digital collections.

Financing news

Lanxing Software completed tens of millions of yuan in Series A financing

Recently, Lanxing Software completed tens of millions of yuan in Series A financing. This round of financing was led by Weizhi Digital, with participation from old shareholder Ivy Capital. Yuewei Capital served as the exclusive financial advisor for this round of financing.

Lanxing is a supplier that focuses on end-to-end digital decision-making in the supply chain. It uses AI to assist the digital transformation of enterprise supply chains and is committed to providing Chinese customers with world-leading end-to-end supply chain optimization software and solutions. Provide end-to-end supply chain solutions for enterprises, from procurement, production, warehousing, transportation to delivery and fulfillment to end customers.

Digital Collection

Your itinerary card digital collection is officially online

According to the Fantawild Digital Space official account, after the itinerary card offline announcement was released on December 12, in order to allow everyone to leave a mark of time and formally say goodbye to the itinerary card, an exclusive digital collection was specially created for the itinerary card for free.

Log in to [Fang Yuan Account] - click [My] to enter the personal center - click [Collection Casting] to enter the collection casting page. Click [Cast Now] to enter the collection casting interface (users who make a reservation before 24:00 from December 12th to 14th will get a chance to cast an itinerary card for free)

Sanqi Interactive Entertainment and Meta Bianan jointly issued the "Six Arts of the Gentleman" series of digital collections

According to the Meta Bi'an public account, in order to further convey the understanding of co-creating social value and fulfill the responsibility of promoting the spirit of Chinese culture, 37 Interactive Entertainment and Meta Bi'an jointly developed the "Junzi Six Arts" series of digital collections, incorporating well-known allusions and cultural symbols, and inviting the public to appreciate the innovative vitality of traditional culture.

This issue of the "Six Arts of the Gentleman" series of digital collections includes a total of six styles, each with a limited edition of 1,200 copies and a public sale of 1,000 copies. It will be officially released at 12:00 on December 21st and 12:00 on December 22nd.