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Meta Set To Unveil A Full-Fledged Metaverse Academy In France

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Meta Platforms, formerly Facebook, has teamed up with a French digital training firm to launch a “metaverse academy” in France for the new academic year, as per a Sunday announcement.

Metaverse which is widely viewed as the next iteration of the internet technically refers to an immersive digital world consisting of augmented or virtual reality and transforms the web from 2D to 3D.

As per the press release, the initial goal for the school would be to train for free around 100 students in two roles, specialist immersive technology developers and support and assistance technicians, Meta’s vice president for southern Europe Laurent Solly told AFP.

The teaching would be imparted in-person and revolve around projects, with a focus on the 3D world and interactions in the virtual universes, said Frederic Bardeau, co-founder and boss of Simplon, the Partner French firm

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Meta Set To Unveil A Full-Fledged Metaverse Academy In France 2

Located in the capital Paris and other cities including Lyon, Marseille, and Nice, the new academy will train 20 students per city each year.

Diversity would also be given particular attention. Solly said 30% of the first batch would be reserved for women.

Meta To Soon Launch Crypto Exchange

Back in October 2021, the tech firm said it intended to create 10,000 jobs in Europe in five years’ time to build the virtual world the US technology giant’s new strategic priority.

Till May 2022, it has filed five trademark applications in the U.S. for its newly rebranded payments product, Meta Pay. The applications indicate that the company may have plans to launch a slew of crypto-related products and services, including a crypto exchange and a wallet.

A week earlier, fintech head Stephane Kasriel said that the new payment projet wants to provide a cross-platform “single wallet experience.”

The trademarks, filed on May 13 with the United States Patent and Trademark Office, aim to protect Meta’s newly acquired brand name “Meta Pay” as well as its associated logos and symbols related to a variety of crypto-related products and services, including a crypto wallet, a trading service, and an online social networking service for investors.

The trademark applications also suggest that platform is looking to enter into crypto lending, card, and investment services.

France Earns the ‘Best Bitcoin Trading Nation’ Title as per a New Report

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According to recent research that looked at the most lucrative bitcoin traders by country, Switzerland placed first in terms of profitability, while France was named the ‘best bitcoin trading nation.’

The study, conducted by Invezz, online investment news and education platform, used data from various databases, including Chainalysis, Worldometers, and Triple-A, to award a score to each of the 25 nations evaluated in terms of the most lucrative bitcoin trading by country.

France earned the title

Each country was given a score based on three variables, ranging from 1 to 24. First is the number of bitcoin profits realized per capita in that country. To put it another way, it was recalculated to account for the population.

Second, the proportion of residents in each nation who invest in cryptocurrency, using data from TripleA and Worldometers to determine where adoption is strongest; and third, individual bitcoin gains.

The report also omitted China and Taiwan since the available data was insufficient, limiting the analysis to 23 nations.

The three ranks are then combined, and the nation with the lowest aggregate score is ranked first, followed by the country with the second-lowest score, and so on.

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France Earns the ‘Best Bitcoin Trading Nation’ Title as per a New Report 4

According to the survey, France is the best Bitcoin trading nation globally, ranking 12th in terms of the proportion of the country invested in crypto (3.3 percent). “Impressive third and eighth respectively in Bitcoin profits per capita and Bitcoin gains per investor — at $275 and $13, respectively,” according to the report.

While several nations performed well in some areas, France was the only country to perform “above average” in all three, allowing it to gain the highest overall ranking and claim the title of top Bitcoin trading nation.

Germany ranked #1 among worldwide participants on Coincub’s crypto-friendly ranking in the first quarter. On the other hand, France came in ninth place on this ranking.

However, India appears to be suffering recently on both rankings, ranking #24 on both Bitcoin Gains Per Capita and Bitcoin Gains Per Investor according to Invezz data, and #19 on Coincub statistics.