Welcome to our dedicated page for Metasphere news (Ticker: LABZF), a resource for investors and traders seeking the latest updates and insights on Metasphere stock.
Metasphere Labs Inc. (LABZF) delivers cutting-edge innovations in blockchain integration and digital ecosystem development. This dedicated news hub provides investors and tech professionals with essential updates on the company’s research initiatives, strategic partnerships, and technological advancements.
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Metasphere Labs has provided updates on several key projects and strategic decisions. The company successfully completed its work for Bluesphere Ventures on November 1, 2024, advancing the 'Ents World' eco-conscious metaverse initiative. The partnership with Bot Ventures has been terminated, with Metasphere retaining the developed assets. The company is finalizing a VR retail platform for ARCannabis, expected this quarter. Progress continues on the CarbonBot protocol collaboration with Ecoblox and Pure Sky, with plans for certification and registry submission. Moving forward, Metasphere will focus on metaverse and mini-app development on the Telegram platform using TON blockchain.
Metasphere Labs Inc. (CSE: LABZ) (OTC: LABZF) has completed the development of Pure Sky Registry 's blockchain-based carbon credit registry. This native blockchain solution follows ISO 14000 carbon offsetting standards and includes features like on-chain voting for DAO members. Unlike most ReFi projects that tokenize legacy carbon credits, Pure Sky's platform is built natively on the blockchain, offering enhanced transparency, efficiency, and security in carbon credit management.
Metasphere, leveraging its Web3 expertise, developed key components of the platform, ensuring seamless functionality and a user-friendly interface. The project aligns with Metasphere's mission of applying Web3 technologies to address global challenges like sustainability and climate change. Both Metasphere's CEO, Natasha Ingram, and Pure Sky's Managing Director, Marty Seymour, expressed enthusiasm about the project's potential to revolutionize carbon credit tracking and management.
Metasphere Labs announced a definitive agreement with Ecoblox and PureSky to develop the Carbon-Aware Routing Protocol, aimed at reducing the carbon footprint of internet and data center operations. The protocol will dynamically select network paths based on carbon intensity and manage real-time offsets. This collaboration, operating through a newly incorporated company where Metasphere holds a 50% stake, will optimize energy usage and emissions. The protocol and initial reference design for NVidia GPU clusters will be showcased at Mobile World Congress Americas 2024, in October. The agreement is effective until the release, with a potential extension.
Metasphere Labs has signed a definitive Software Development Agreement with ARCannabis to create a VR virtual store. The store will enhance the online cannabis shopping experience using advanced VR technology, leveraging ThreeJS or Unreal Engine.
It will be accessible via Google Chrome, Safari, and Microsoft Edge, and integrate with ARCannabis' current backend system. The store aims to offer an immersive experience and will be embeddable in open metaverse environments and gaming platforms like Fortnite.
The project, valued at $8,000, is set to be completed by September 1, 2024, with a 30-day testing period. This partnership strengthens Metasphere Labs' position in the Web3 and metaverse sectors.
Metasphere Labs announces a Twitter Spaces event on July 3, 2024, at 2 p.m. ET to discuss Green Bitcoin mining and sustainability. The event will cover Bitcoin mining basics, energy market dynamics, sustainable innovations, sound money principles, efficient payment systems, and carbon footprint comparisons between Bitcoin and traditional banking. CEO Natasha Ingram emphasizes the importance of sustainable practices in digital currencies and energy use. Follow Metasphere Labs on Twitter for updates and to join the event.
Metasphere Labs has entered a joint LOI with Ecoblox, PureSky, and Bluesphere to develop a Carbon-Aware Routing Protocol aimed at reducing the carbon footprint of internet and data center operations. This protocol will enable routers to select paths based on carbon intensity and manage offsets in real-time. The initiative is prompted by the increasing electricity consumption driven by AI, Blockchain, Metaverse, and AR/VR applications. Ecoblox will contribute its expertise in HPC infrastructure, PureSky will offer its certified carbon credits, and Bluesphere will drive sustainable solutions. The consortium plans to release the protocol and reference design for NVidia GPU clusters at the Mobile World Congress Americas 2024.
Metasphere Labs has announced further details regarding its carbon aware routing protocol. Recognizing the significant environmental impact of the Internet's energy consumption, the company is developing a reference design focused on NVIDIA-based GPU clusters. This initiative addresses the growing computational demands of AI, machine learning, AR/VR, and blockchain applications.
As the Internet shifts to a more energy-intensive phase, Metasphere Labs aims to reduce carbon emissions through optimized routing protocols. The company plans to release a Minimum Viable Product (MVP) by the Mobile World Congress Americas 2023, demonstrating the protocol's feasibility and setting the stage for industry-wide adoption.
Metasphere Labs is calling for collaboration from industry partners to enhance the protocol further, aiming for a more sustainable digital future.
Metasphere Labs has announced its carbon aware routing protocol initiative, focusing on NVIDIA-based GPU clusters to address the Internet's rising energy demands.
As AI and machine learning grow, so does the energy consumption of GPUs, prominently NVIDIA's. These power-intensive processes, important for AR/VR, the metaverse, and blockchain, necessitate optimized energy use. The company aims to mitigate this by designing routes that minimize carbon emissions.
They plan to release a Minimum Viable Product (MVP) by Mobile World Congress Americas 2023, setting the stage for industry-wide adoption.
Metasphere Labs seeks collaboration from industry leaders to enhance the protocol's effectiveness and promote a sustainable digital future.
Metasphere Labs, previously Looking Glass Labs, announced that they are not aware of any undisclosed corporate developments or material changes influencing the current trading activity of their shares on Cboe Canada. This statement follows a request from CIRO's Market Surveillance group. Metasphere specializes in tokenized assets and open metaverse environments, trading under the symbols LABZ (Cboe Canada), LABZF (OTC), and H1N (FRA).
Metasphere Labs, formerly Looking Glass Labs, has appointed Dustin Muscato as an advisor for its carbon credit protocol for grid-scale batteries. Muscato brings nearly 20 years of finance and engineering experience, including his role at Green Street Advisory and a NYC-based alternative asset management firm. CEO Natasha Ingram highlighted his expertise in utility-scale renewables and battery sectors. Muscato's role will involve enhancing the project's success and promoting the protocol to the utility sector. The carbon credit protocol aims to quantify and monetize the carbon reduction potential of large-scale battery storage systems, supporting their financial viability and adoption. Metasphere plans to submit this protocol to the Web3-based Pure Sky carbon credit registry. The appointment marks another step in Metasphere’s efforts to lead the energy transition with innovative blockchain solutions.
