Microsoft inc, Technology company

Trace Network Labs has announced the launch of BUDDY, the first-ever product that enables the creation of realistic-looking digital avatars in the metaverse. BUDDY facilitates virtual replications of the users themselves, bearing a complete likeness to their physical attributes and other characteristics. Speaking on the occasion of the launch, Lokesh Rao, co-founder and CEO of Trace Network Labs said, "BUDDY launch is a culmination of many months of effort to create a product that will onboard a billion users in the next 5 years and make them ready for ANY Metaverse. While BUDDY does enable future residents to mint their own real, human-like avatars, it also aims to become a digital identity for Web3, just like Google is for web2 - a single-sign-on for all metaverses." The project was first launched in its beta version at the WOW Summit Metaverse Festival and Crypto Expo 2022 in Dubai. It received an extraordinary response with over 600 Buddy avatars created and minted within 5 days by the visitors. BUDDY provides a unique experience for metaverse users compared to what is available now. And this will be key to enabling creators to build digital life experiences for the meta-population. Current Avatars in the metaverse are cartoon-looking and do not depict any traits of their physical counterparts. However, BUDDY will allow people to create their human-like looking digital self, with the ability to walk, run, shake hands with other avatars, among other things. BUDDY avatars can be transferred across multiple metaverses, blockchains, games, and even virtual experiences that are built on various platforms. Simply put, a BUDDY avatar is metaverse agnostic. Having real human looking avatars can positively impact the lives of a user. Think of someone who has lost a loved one. They can preserve the memories of their loved ones in a real-looking avatar which the user can then interact with inside the metaverse, providing a therapeutic experience for the user. The product is now live on Trace Network Labs and one can mint BUDDY on .This story is provided by BusinessWire India.will not be responsible in any way for the content of this article. (ANI/BusinessWire India)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Microsoft IncFOLLOW

Microsoft inc, Latest News

New Delhi, April 28 Meta-owned WhatsApp has confirmed that it is running a cash-back campaign in India to ... ...

New Delhi, April 27 Swedish music streaming service Spotify on Wednesday said its premium subscribers jumped 15 per ... ...

New Delhi, April 27 TikTok rival YouTube Shorts is now averaging over 30 billion daily views four ... ...

San Francisco, April 27 Google parent company Alphabet's net profit dropped to $16.4 billion compared to last year's ... ...

New Delhi, April 27 Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has ... ...

New Delhi, April 26 Google on Tuesday said it is rolling out a new data safety section in ... ...

New Delhi, April 26 In a bid to woo party lovers, audio wearable giant Bose on Tuesday launched ... ...

Trace Network Labs has announced the launch of BUDDY, the first-ever product that enables the creation of realistic-looking digital avatars in the metaverse. ...