Brazilian University Buys its Own Land in the Metaverse

The University of Sao Paulo (USP) has signed an agreement with Radio Caca (RACA) to operate various virtual properties within the United States of Mars (USM) metaverse and promote research therein.

RACA is a decentralized, autonomous organization that has partnered with world-leading universities to build a metaverse for students to learn and play. According to USP, the university team will explore applications and technical, economic, and legal aspects of the Metaverse.

USP professor Marcos A. Simplicio Jr. said the university has received its own NFT as part of the partnership. The token refers to rare earths in the USM metaverse, which is being built by USP in collaboration with other universities around the world.

The USM metaverse is a broad platform where universities and content creators can build various Web 3.0 applications in an immersive digital environment.

If you want to find out more about the agreement between Radio Caca and the University of Sao Paulo, download for free our companion app. Born2Invest application is a fast and easy way to check the latest business headlines. It gives users access to recent publications and stories, media and objective analysis, thematic sections and feeds. 

USP will have its own virtual land

The university will have its own virtual worlds where it can create different spaces for interaction with and between students, professors, researchers, and visitors in a virtual, augmented, or mixed reality environment. This makes it the first university in Latin America to partner to help build its Metaverse.

“It is a great honor for us at RACA to have USP, the largest public university in Latin America, as part of the USM Metaverse. Together we will create new experiences that can unlock the full potential of Web3 for people. Our goal is to build an open metaverse that focuses on user freedom.” Jeff Watney, CEO of Radio Caca

Research in the Metaverse

The Metaverse will be useful to researchers in a variety of fields, such as research groups interested in 3D modeling, virtual and augmented reality, and being able to model real-world university space within the virtual platform in an immersive environment.

In addition, researchers in the fields of education and psychology can evaluate classroom learning and behavior and the interactions performed. Technology researchers can evaluate the effectiveness of various virtual and augmented reality devices for accessing the Metaverse.

The internal mechanisms of the Metaverse can also be studied by researchers in engineering, business, law and communications, and the arts to improve the platform as a whole.

“For any researcher interested in the metaverse, it is a very interesting opportunity to conduct their research on such a platform,” said USP Professor Marcos A. Simplicio Jr.

__

(Featured image by Pexels via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in CRYPTO MONDAY, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.