Walmart enters Roblox | Lenovo’s Enterprise VR headset | Metaverse being built by Metaverse Author & more…

Here’s your weekly roundup of what’s happened in the Metaverse this week in a simple, easily digestible email every Friday. Let’s get started.

"Going outside is highly overrated." - Ernest Cline, Ready Player Me 

Walmart has entered the metaverse space by creating Roblox experiences aimed at younger shoppers. The digital space will include a blimp that drops toys, a music festival, games and Verch (virtual merch). 

–

The Ministry of Economy of the United Arab Emirates is opening up a third HQ in the metaverse. This new location will allow visitors to interact directly with customer service, sign legally binding documents, and participate in conferences in the virtual auditorium. 

–

Technology company Lenovo, targets enterprises as an on-ramp to the metaverse with their new ThinkReality headset. The VRX headset offers VR and AR capabilities thanks to high-resolution passthrough. 

–

UK spatial computing startup Hadean raises a $30 million Series A round to build the infrastructure of the burgeoning metaverse. Notable investors include Tencent and Fortnite developer Epic Games. 

–

Neal Stephenson, the author who coined the term ‘metaverse’ in his 1992 novel Snow Crash is now building his own online world. Lamina1 was co-founded by Stephenson and Peter Vessenes (Bitcoin Foundation founder).