The legacy web developer and internet browser Mozilla announced its acquisition of Active Replica as part of its Hubs creator ecosystem to enhance digital experiences. 2082 Total views 31 Total shares Listen to article 0:00 News Own this piece of crypto history Collect this article as NFT The web developer Mozilla, mainly known for its internet browser Firefox, has joined the rush of legacy internet platforms jumping into the Web3 and metaverse development space.
In a blog post announcement on Nov. 30, the company revealed its acquisition of Active Replica, an immersive experience developer.
Active Replica is joining Mozillas Hubs creator platform to help create virtual events. Already the virtual experience developer has worked with Mozilla during its multi-day arts and tech festival Mozfest earlier this year.
According to Mozilla, the acquisition will also be important to accelerate in-demand work, personalized subscription tiers, onboarding improvements and adding new features to the Hubs engines.
In the official announcement released on Hubs, Mozilla said both companies will benefit from each other either through ones scale or the others development capacity:Together, we see this as a key opportunity to bring even more innovation and creativity to Hubs than we could alone.
In Active Replicas official statement, it reiterated that it will continue to work with existing partners, but the Mozilla acquisition will help expand on its long-term goals.
The following day, the company made another announcement that has also acquired Pulse, a machine learning developer, signaling Mozillas pivot to focus on the future of the internet.
Related: Opera browser integrates Elrond blockchain services to bolster Web3 adoption
This development from Mozilla to build out its metaverse plans comes as the metaverse continues to draw attention both inside and outside of the Web3 space.
After major monetary and staff losses in its metaverse development division, Meta, the Facebook and Instagram parent company, says its powering throughwith metaverse plans.
Meanwhile, asactivity pours into digital reality, global leaders like the World Economic Forum have begun to think about a universal metaverse policy. Currently, there is no overarching policy that dictates digital reality.
However new reports reveal that as activity increases so will the chances of exploitation, which signals the need for attention to policy and ethical standards. #Mozilla #Business #Adoption #Metaverse #Web3 Related News Festivals in the metaverse: How Web3 projects are taking culture virtual Charities risk losing a generation of donors if they dont accept crypto Metaverse explosion will be driven by B2B, not retail consumers: KPMG partner Banks still show interest in digital assets and DeFi amid market chaos Disney brings back Bob Iger as CEO: Heres the crypto connection
