According to PANews, the metaverse, in the new digital age, is not just a new peak of technology but also a new chapter in human thought and social development. It will break existing boundaries, combining physical and virtual, reality and fiction, life and games, creating an unprecedented world. In this world, we are no longer limited by geography and time. We can work, learn, and entertain anytime, anywhere, enjoying unlimited possibilities. However, the development of the metaverse also brings challenges. As technology continues to advance, we need to consider issues such as data security, privacy protection, and legal regulations.

Innoclub, a part of Caohejing Innovation Camp, has invited authoritative research institutes, well-known universities, industry-leading companies, and many industry experts and mentors to jointly launch the sixth issue of the Caohejing Science and Technology Enterprise Acceleration Program in 2024. They are now recruiting high-quality start-ups in the 'metaverse' field to complete several modules of entrepreneurial acceleration, exploring the cutting-edge applications of the metaverse in various industries.

The recruitment period is from June 11 to June 21, 2024. The selected results will be notified by email on June 25, and the camp will start on June 28. The acceleration project will run from June to August 2024. The classes will be held at the conference room on the first floor of Building 27, Baoshi Garden, 487 Tianlin Road.

The recruitment is for 20 metaverse companies leading the industry development trend. The acceleration module includes training courses, thought collisions, mentor consultations, study tours, large enterprise docking meetings, and graduation forms. The whole process will be accompanied by expert training. The event is guided by the Shanghai Employment Promotion Center and the Xuhui District Employment Promotion Center, and is sponsored by the Shanghai Caohejing Emerging Technology Development Zone Science and Technology Entrepreneurship Center Co., Ltd. The event is supported by the Huawei Cloud Startup Program and Chuangling Capital.

The future of retail is in online shopping as much as the future of the internet is the metaverse. That vision has materialized in crypto in the form of Mallconomy—the next frontier of online shopping. The hot new token has just gone live with its much-awaited ICO, triggering speculation about the innovative metaverse and e-commerce platform’s prospects in 2024 and onwards.

Learn why the crypto world is buzzing with the announcement of the Mallconomy presale going live.

What is Mallconomy?

Mallconomy is taking online shopping to a whole new level—and to an entirely different plane: the metaverse. With its innovative take on retail, community, and incentives, Mallconomy is redefining how we shop in an increasingly digital epoch. Buyers, sellers, and brands can leverage the Mallconomy ecosystem by creating digital storefronts that provide an accurate representation of their brand identity.

Brands and retailers, in particular, can provide a whole new world of digital experiences to new, digital-first audiences worldwide. And with e-commerce only set to grow in the coming year, analysts are bullish on Mallconomy’s potential to turn in parabolic gains for early investors.

Introducing $WOOT: The Mallconomy native token

The future of online shopping has arrived with Mallconomy. Positioned at the intersection of metaverse, AI, and e-commerce, Mallconomy could be the next great disruptive force in the industry. The robust Web3 online shopping metaverse platform will be underpinned by $WOOT, which will serve as Mallconomy’s primary medium of exchange and governance token.

Set at a supply of one billion tokens with deflationary tokenomics, Mallconomy’s $WOOT token could also be used for dynamic staking and yield farming. $WOOT holders can claim daily rewards and earn passive income with Mallconomy. The project’s unique value proposition and innovative utility sets it up for outsized gains in 2024 and beyond.

Mallconomy presale goes live amid bullish sentiment from analysts

Mallconomy’s presale is offering an unparalleled opportunity for prospective investors to get in on a low-cap blue-chip at the earliest possible opportunity. That means early adopters could buy the platform’s native $WOOT token at the absolute lowest entry point possible. For this reason, analysts believe Mallconomy could see an early sell-out for stage 1 of its presale launch. 

Its hot new token $WOOT could be poised for outsized gains once the presale ends and $WOOT lists on exchanges worldwide. Currently, $WOOT tokens are available at $0.00277, offering early adopters a legitimate shot at a 100x.

The project’s ambitious goal is to merge e-commerce and the metaverse by providing immersive digital online shopping experiences in the virtual world. With the metaverse sector set for a major comeback in the coming years, not to mention the exponential growth of e-commerce, Mallconomy and its hot new token presale for $WOOT could be your golden ticket to substantial gains in 2024. Don’t miss out on this opportunity to get in on a blue chip at the ground floor well before the rest of the market takes notice.

The final word

The smart money is always on the next big opportunity. And in June 2024, there’s no bigger opportunity for a potential 100x than Mallconomy. If you’ve missed out on 2024’s biggest gainers, don’t miss out on a real diamond in the rough like Mallconomy. Join the $WOOT presale today and be part of the next evolution of online shopping with Mallconomy.

You can participate in the Mallconomy presale here.

Mallconomy socials:

Medium: https://medium.com/mallconomy

Twitter: https://twitter.com/mallconomy

Discord: https://discord.com/invite/CqTEJYKRcp

Instagram: https://www.instagram.com/mallconomy/

Facebook: https://www.facebook.com/Mallconomy/

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The current round of layoffs will see the termination of about 50 executives.

This shift is a component of a larger strategy to respond to changing market circumstances.

According to recent reports, Meta is planning to reduce the number of vice president roles in order to make significant cuts. The corporation is continuing its attempts to reduce expenses and simplify operations in the face of a hard-economic climate, and the current round of layoffs will see the termination of about 50 executives.

This move lays the groundwork for Meta’s upcoming leaner organizational structure, which will place an emphasis on efficiency and agility as the company strives for sustained development and new ideas. This shift is a component of a larger strategy to respond to changing market circumstances while maintaining the long-term viability and technological leadership of the organization.

Thousands of employees have lost their jobs at the firm, with 11,000 losing their jobs in November 2022 (13% of the workforce at the time) and 10,000 losing their jobs in March 2023. They also put a halt to recruiting for 5,000 unfilled positions.

Banking on AI and Metaverse

Meta is reorganizing to become a more robust tech business with an emphasis on artificial intelligence and the metaverse, according to Mark Zuckerberg. Management should be flattened, unnecessary projects should be eliminated, engineering ratios should be optimized, and new artificial intelligence tools and technologies should be significantly invested in.

The artificial intelligence (AI) and Reality Labs metaverse section of Meta will get $35–40 billion by 2024, an increase of $5 billion from its original projection. This enormous investment demonstrates Meta’s shift in strategy, as the company refocuses its efforts on developing innovative AI products and services to fuel its future expansion.

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