Monday 30 January 2023
Home / none / Touch, smell become the next big thing for the metaverse at CES 2023

Touch, smell become the next big thing for the metaverse at CES 2023

The sense of smell has been added to the virtual reality (VR) experience as showcased by metaverse-focused companies at the Consumer Electronics Show (CES) 2023.

A recent report from consulting firm McKinsey & Company predicted that the metaverse could potentially generate $5 trillion in value by 2030. However, the report noted that metaverse success would need a more developed human aspect that delivers positive experiences to its users. One of these catalysts may be the integration of the sense of smell and touch into VR experiences which were showcased at the recent CES.

As reported by Fortune, one of the firms called OVR Technology showed a headset with a container for eight aromas that can be mixed together, creating various scents. The VR headset is reportedly scheduled to be released later in 2023. An earlier version that was used for fragrance marketing lets users smell various environments from marshmallow roasting to a bed of roses.

According to Aaron Wisniewski, the CEO of OVR Technology, extended reality will soon be integrated with commerce, entertainment, social connection, education and well-being. The CEO highlighted that scent gives these experiences “unmatched power.”

An executive at FireFlare Games, Aurora Townsend, also shared that their firm will be launching a VR dating app that also incorporates immersive sensations like touch, once the technology becomes readily available within the market.

Meanwhile, consumers may not be too excited with the new development. A CES attendee Ozan Ozaskinli, tested some haptics products and highlighted that it’s “far from reality” at the moment. However, the tech consultant also said that it can potentially be integrated into online meetings because, through the technology, users can actually feel something.

Related: Industry seeks solutions for NFT image-hosting disasters

Back in 2022, blockchain technology and the metaverse took the CES event by storm. various figures within the crypto space attended the event including executives from the now embattled FTX and Celsius Network. Brands showcased blockchain and metaverse developments through their booths including Samsung, announcing an NFT platform.

Original Article

About Jude Savage

Check Also

Solana price rally risks exhaustion after SOL’s 120% pump in two weeks

Solana (SOL) price is up an impressive 60% since the new year, partially boosted by hype surrounding meme cryptocurrency Bonk (BONK). However, the SOL/USD pair now shows signs of exhaustion, raising anticipations that the token may see a short-term correction in the coming days. Solana turns overboughtSolana is one of the best performing cryptocurrencies so far in 2023 after being one of the biggest losers in 2022. On Jan. 9, SOL's price jumped to as high as $19.50, or around 120% gains in a recovery rally after sliding below $8 on Dec. 29, 2022. But the price spik also turned Solana into an overbought asset, per its daily relative strength index (RSI) reading above 70, as shown below. SOL/USD daily price chart. Source: TradingViewTraditional investors typically see an overbought RSI as a potential sell signal, given the indicator has historically coincided with a period of buyer exhaustion. As a result, SOL's price could enter a correction or a sideways consolidation stag..

Leave a Reply

Your email address will not be published. Required fields are marked *