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After NFT, Mahindra Group Enters Metaverse

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HIGHLIGHTS :

  • Mahindra & Mahindra recently made its debut in the NFT segment.
  • Metaverse hopes to change the way people work
  • Too many companies planning to get into the metaverse

To begin with, Tech Mahindra will tap the opportunities in the metaverse using a variety of methods. These will include Metaverse-based car dealerships DealerVerse and NFT marketplace Middlemist.

Mahindra & Mahindra recently made its debut in the NFT segment.

Mahindra Group, associated with businesses ranging from Automobiles to IT, has announced its foray into the Metaverse. Group Chairman Anand Mahindra has announced this. This 3D version of the Internet, providing virtual real-world experiences, is expected to change the way people work and interact online.

Mahindra gave this information by releasing a video on Twitter and explaining how people can participate in the vision of the group through this. He tweeted, “Join us as we enter Mahindra’s metaverse. We believe this is not just a believable world, but a way we can find solutions to make the real world a better place.” Huh.” Mahindra said that the Metaverse provides a virtual real-world experience where people can interact digitally.

Metaverse hopes to change the way people work

He also compared this concept with simplicity and said that simplicity is not only in the mind of people but also in the metaverse which can make life simpler.

In this regard, Mahindra Group said in a press release that initially Tech Mahindra will take advantage of the opportunities of the metaverse using various methods. These will include Metaverse-based car dealership DealerVerse and NFT marketplace Middlemist. Mahindra & Mahindra recently forayed into the non-fungible token (NFT) segment. Tokens associated with the company’s sports utility vehicle Thar will be issued. For this, the help of Mahindra Group’s IT company Tech Mahindra will be taken.

Too many companies planning to get into the metaverse

It is being said that the metaverse will take parallelism to a whole new level in terms of internet. Creators like the gaming industry are expected to play a major role in driving the metaverse forward. Using blockchain technology in NFTs, tokens of unique items are authenticated which are linked to reproducible digital assets. These can include art, music, in-game items, and videos. These can be traded online but cannot be duplicated. International financial services company American Express is also preparing to enter the Metaverse and NFT segments.

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