How does ASU plan to use the Metaverse?
Trademark attorney Josh Gerben said Arizona State University had submitted many metaverse-related applications with the US Patent and trademark office. The academic establishment plans to issue non-fungible currencies for event scoreboards, the artworks of the campus monuments, posters, gonfalons, and university certificates. Furthermore, the institution intends to provide NFTs for footage of sporting events and other activities.
Arizona State University intends to provide virtual courses, seminars, and conferences on the internet. Aside from that, the establishment wants to use the metaverse to hold sporting activities, performances, and art galleries.
What caused this decision?
Virtual reality is quickly gaining popularity among academic institutions because it allows for more interactive virtual lessons. Students must discover probable solutions to Zoom because of the increasing popularity of virtual learning. Thus the metaverse could be an appealing choice for the institution. Arizona State University Is one of the largest colleges in the United States, with about 150,000 enrollments. ASU’s prospective entry into the Metaverse could be motivated by the fact that about 60,000 students completed their courses and examinations via “virtual immersion” in 2021 (due to the health precautions around COVID-19).
State lawmaker Wendy Rogers emphasized the benefits of Bitcoin, such as its capacity to operate effectively of the central bank. Wendy Rogers proposed to make the primary cryptocurrencies legal cash in Arizona because it may assist the monetary system. According to a YouGov poll, roughly 30% of Americans feel that Bitcoin must become a legitimate means of payment. Residents of states like Arizona are more supportive of the new amendment than individuals in other areas of the country.
Other universities planning to explore Metaverse
The University of Sao Paulo in Brazil has revealed plans to create a digital campus in the metaverse that would enable students to communicate in a virtual space. Similarly, the University of Bari Aldo Moro in Italy has started a project using NFT, metaverse, and augmented reality to enhance local culture. Although this technological innovation is progressively becoming part of modern society, there is still a lot of uncertainty about what it means.