Nvidia CEO Jen-Hsun Huang: NFT meta-universe has arrived

“We are on the cusp of a blockchain-based augmented reality meta-universe”

In a conversation with Venturebeat video game reporter Dean Takahashi, Nvidia CEO Jensen Huang said he believes “we are on the cusp of a blockchain-based augmented reality meta-universe.”

In an interview published Saturday, the graphics giant’s chief described a future not too far removed from the current NFT space.

“In this future, the art you own is digital art. You own it through NFT. You will show that beautiful art, that is unique and completely digital.”
Jen-Hsun Huang envisions a seamless transition from a physical world filled with perishable possessions to a virtual world of digital assets. “You can put on our glasses, or your phone. You can see this virtual world right in front of you, well-lit, and it belongs to you. We’ll be looking at this superimposed layer on top of the physical world, which can be a kind of metaverse superimposed layer, if you will.”

Jen-Hsun Huang’s idea of a “metaverse superposition” has already emerged to some extent. In March, teenage NFT artist FEWOCiOUS auctioned off a pair of hand-painted shoes that were both real NFT and augmented reality, raising $3.1 million in seven minutes.

Nvidia CEO Jen-Hsun Huang: NFT meta-universe has arrived

Similarly, rapper MF Doom’s latest creative project is a set of AR MF Doom masks. These NFTs can be displayed in a virtual world, such as in an art gallery on Decentraland.

NVIDIA and cryptocurrencies
NVIDIA is no stranger to digital currencies. Due to the popularity of its graphics cards in crypto mining operations, NVIDIA released a graphics card for ethereum miners in February: the NVIDIA CMP (Cryptocurrency Mining Processor).

Late this spring, the company announced that it would be cutting the arithmetic power of three of its most popular graphics cards to keep gamers happy.

At the end of May, NVIDIA made $155 million from its CMP cards. Huang said in May, “CMP is better for mining revenue, and producing these cards doesn’t impact GeForce supply. So it protects the supply of graphics cards for gamers.”

When the singularity of the metaverse comes, NVIDIA will be the driving force.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/nvidia-ceo-jen-hsun-huang-nft-meta-universe-has-arrived/
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