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Metaverse News Europe


The X.LA Metaverse Revealed In Detail

8/23/2022

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Cologne, Germany, 23rd August, 2022, Chainwire

X.LA Foundation executive Aleksey Savchenko has revealed details of the eagerly anticipated X.LA Metaverse. Before an expectant crowd at Gamescom in Cologne, Germany, Savchenko promised an immersive experience, delineating a vision backed by technology that will shape the way people interact well into the next century.

The X.LA Metaverse is built on the promise of a virtual world that mirrors the physical one but is easier to navigate and full of untethered potential. As a visionary in this space, Savchenko brings over 25 years of video game and software development experience and is a major proponent of the metaverse.


“It’s not a product – it’s a paradigm shift,” the X.LA Foundation executive told the Gamescom crowd.
The X.LA Metaverse will be defined by a spirit of altruism, collaboration, and productivity that stimulates content creation. Outlining the community-driven approach to sharing within the X.LA Metaverse, Savchenko illustrated how these key assets will drive continued and enthusiastic engagement. Within a fully 3D photorealistic environment, the opportunities for crafting engaging, interactive experiences will be limitless.

The X.LA Metaverse will place the power firmly in the hands of the creators, and with this creation comes full ownership. This is facilitated through such provisions as the X.LA Revenue Share Contract (RSC) that underpins the contributions made by each creator. It encourages collaboration, safe in the knowledge that creators are fairly rewarded for their output.
​

As Aleksey Savchenko explained, the Metaverse is a single click away. There are no downloads, no clients to find and manage, no updates to await: just a single button that propels you straight into your virtual world. At the Gamescom event in Cologne, Savchenko highlighted the teaser video Metaverse Is Us which demonstrates various pieces of the Metasites(™) that will make up the X.LA Metaverse.
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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022