The Metaverse project Gamium token has established a cooperation with the titans of social media Meta and Telefonica. The introduction of the cooperation led to a 434% increase in GMM, the native token of Gamium, in just 24 hours. Moreover, on the monthly charts, the token has increased by 791.3%.
Gamium will collaborate on the Metaverse Activation Program alongside Meta and Telefonica. The initiative was designed to help and develop new businesses in the Web3 industry. Moreover, entrepreneurs will get access to proprietary Meta AI technology and get financial support from both Meta and Telefonica.
Gamium Token: Meta and Telefonica have an Extensive Roadmap Regarding the Metaverse
The Web3 market is not new to Meta and Telefonica. Diem, a business that produced Diem Crypto, was owned by Meta. Also, Telefonica revealed that it had made an investment in a Spanish exchange that enabled the acquisition of cryptocurrencies.
With its metaverse project, Meta lost around $13.7 billion in 2022. For Meta, the final quarter of 2022 alone resulted in an astonishing $4.28 billion operational loss. The company’s confidence in the metaverse does not, however, seem to have been damaged by the losses. It is doubtful that Meta would give up on its goal given that rivals like Apple are preparing to enter the digital environment market. According to reports, Apple is employing staff to develop its online presence. With its “Reality Pro” metaverse headset, the electronics behemoth might join the market.
In addition to the metaverse, Meta is concentrating on advancements in artificial intelligence. A brand-new product group for generative AI is being created by Meta. Meta is looking into how AI interacts with text in WhatsApp and Messenger as well as photographs on Instagram. The change coincides with ChatGPT‘s extraordinary internet popularity. Tech behemoths Google, Microsoft, and Snapchat have all revealed platforms that use AI.
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