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Spheroid Universe (SPH) Price Up 90%, Biggest Metaverse Crypto Coin Gainer Today – The VR Soldier

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Spheroid Universe (SPH) price is up over 90% today, setting it as the top Metaverse crypto coin gaining the most price today on CoinMarketCap. We last reported on SPH in our Top 5 Metaverse Crypto Coins Below $0.05 to Watch in 2022 article two days ago. Let’s take a closer look at Spheroid Universe and its token SPH and see why the price is rising so much today?
Launched in March 2021, Spheroid Universe (SPH) is a platform for developing extended reality projects. It features the Spheroid XR Cloud and the Spheroid Script programing language enabling users and developers to create AR/XR applications easily.
The platform includes Spaces, which are plots of land presented as NFTs. Spaces allow users to receive advertising revenue from selected areas worldwide, incentivizing users to participate in the Spheroid Universe ecosystem.
Spheroid Universe is the top XR (extended reality) Metaverse project featuring a unique Land/NFT marketplace enabling users to browse through various 3D plots of land. After users purchase a specific Land, they can place advertisements on it, earning a passive income.
At the time of writing, over 300k spaces have been sold, showing the high demand and robust community support the project has.
Another selling point for Spheroid Universe is its XR/AR scripting language called Spheroid Scripts. The scripting language makes it easy for users to create extended reality applications with cross-platform support. It allows developers to implement XR products with less code and to run applications written on different platforms like iOS and Android.
Last but not least, Spheroid Universe provides a cloud-based development environment called Demiurge IDE. Demiurge allows you to create digital worlds and animate them. It also offers real-time log streaming and debugging data from the device to the IDE, making it intuitive and easy to develop AR apps.
SPH is the native token on the platform, enabling users to interact with the Spheroid Universe ecosystem and utilized as the primary utility asset.

In recent news, Mark Zuckerberg announced that AI is “the key to unlocking the Metaverse.” This means that applications utilizing AI and AR are poised to take the lead in building the future Metaverse.
Spheroid Universe fits the bill precisely, given that their XR Hub applications utilized AI to create reconstructions of existing structures by video footage that anyone can upload to the Spheroid Cloud.
#Spheroid.Earth reconstruction
Catholic church, Paroisse du Precieux Sang
Winnipeg, Manitoba, Canada
49.877518, -97.119439
Digitize an architectural structure using the XR Hub application.https://t.co/gv1vhErf3V#SpheroidUniverse #MetaVerse #XR #AR pic.twitter.com/tYWLtrS6yj
— Spheroid Universe (@Spheroid_io) March 1, 2022

You can now digitize an architectural structure by launching Spheroid Earth in the XR Hub App. Tap the “Start reconstruction” button and start capturing data.
Follow the simple instructions on the app to get the best reconstruction results and earn rewards for doing so!
Spheroid Universe is one of the most underrated Metaverse crypto coins on the market right now. Given that they have a fully functional product along with an exponentially-growing ecosystem, the current market cap of $3.8 million means this project is highly undervalued at this time.
Most of the trading volume for SPH is currently coming from LATOKEN and Uniswap, and you can purchase the token from either of those exchanges. SPH is also available on ShibaSwap and if you’re looking for the lowest prices, check out SPH on the 1inch Liquidity Protocol.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.
Also Read:
Top 3 Most Traded Metaverse Crypto Coins Below $5 (March 2022)

Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse news!
Paul Brabus is a crypto journalist and enthusiast. He loves reading and writing about all things crypto.
© 2022 The VR Soldier

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Facebook parent Meta launches startup accelerator with India’s IT ministry in metaverse push – TechCrunch

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Meta Platforms is looking at India’s burgeoning startup ecosystem as it bolsters its bet on the metaverse. The social juggernaut has partnered with the Indian IT Ministry’s startup hub to launch an accelerator in the country to broaden innovation in emerging technologies, including augmented reality and virtual reality, officials said Tuesday.
MeitY Startup Hub and Meta’s effort, called XR Startup Program, will work with 40 early-stage startups and help them in research and development and developing workable products and services. Each startup will also receive a grant of over $25,000, the American giant said.
The program, supported by Meta’s $50 million XR Programs and Research Fund, will initially hand pick 80 startups to attend a bootcamp. It will also help startups with finding customers, inking relationships and raising funds, Meta said.
Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology and Skill Development and Entrepreneurship, said the program is especially aimed at helping encourage technology innovation in smaller cities and towns.
The XR Startup Program is the latest of Meta’s growing participation in the South Asian market’s upskilling efforts. The firm, whose Facebook and WhatsApp services identify India as their largest market by users, partnered with Central Board of Secondary Education, a government body that oversees education in private and public schools in the country, to launch a certified curriculum on digital safety and online well-being, and augmented reality for students and educators in the country.
The program — to be implemented by four Indian institutions, including IIT Delhi — will also host a “grand challenge” for innovation in categories including education, healthcare, entertainment, agritech, climate action, sustainability and tourism, the American giant said.
“India will play a pivotal role in defining future technologies. Decisions and investments made here in India now shape global discussions on how technology can deliver more economic opportunity and better outcomes for people. It is critical that we help to create an ecosystem that will enable India’s tech startups and innovators to build the foundations of the metaverse,” said Joel Kaplan, VP of Global Policy at Meta, in a statement.
Meta’s interest with working with startups in India is also not newly found. The company has backed three startups in the country, including social commerce platform Meesho and online education group Unacademy.
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“India’s rapid tech adoption combined with a vast pool of tech talent puts the country in a vantage position for shaping the future of the internet,” said Ajit Mohan, VP and MD of Facebook India, in a statement.
“For this future to be equitable, it will require active participation from all stakeholders, including developers, businesses, creators, policymakers, and entrepreneurs. We are excited to collaborate with MeitY Startup Hub and hope that the XR Startup Program will act as a catalyst to unlock the use of immersive technology across sectors like education, healthcare, agritech and tourism, not only in India but across the globe.”

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WHAT IS QUILVIUS (QVUI)? LET'S EXPLORE THIS UPCOMING METAVERSE CRYPTO PROJECT – Asianet Newsable

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WHAT IS QUILVIUS (QVUI)? LET’S EXPLORE THIS UPCOMING METAVERSE CRYPTO PROJECT  Asianet Newsable
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