ITEA 2 METAVERSE1 - a EUREKA success story

Bridging virtual and real worlds

A consortium of 32 organisations from 6 countries has come together to advance the workings of virtual worlds. By creating a standard interface, the METAVERSE1 project made it possible for information to be shared between different virtual worlds and the real world and has led to the development of an international standard. The technology will be used in industries such as real estate and tourism.

Overcoming the isolation of virtual worlds and simulators has enabled the METAVERSE1 project to drive new international standards, create a new ecosystem and find immediate commercial uses. A diverse group of organisations formed a consortium and with assistance from EUREKA obtained government funding for almost half of this highly successful project. With immediate commercial value and the potential for a wide range of further developments in the long-term, METAVERSE1 is unlocking virtual worlds and has the potential to improve the real world for many people.

For the full text and a PDF download of the METAVERSE1 Succes Story, click here.

Source: EUREKA