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The Largest Virtual Reality Event in the World to Hit Madrid

The largest virtual reality (VR) in-person event in the world will happen in Madrid. This is in aid of launching a new metaverse.

The post The Largest Virtual Reality Event in the World to Hit Madrid appeared first on BeInCrypto.

The largest virtual reality (VR) in-person event in the world will happen in Madrid. This is in aid of launching a new metaverse.

MundoCrypto, a cryptocurrency training academy that operates in Spanish-speaking countries, is the host.

Taking place on August 27, at the WiZink Center in Madrid, 7500 guests will attempt to break a world record in the VR category. They will also try to create a new world record category that involves the Metaverse.

The Largest Virtual Reality Event and Guinness Book of World Records

The Guinness World Record for the most people using virtual reality currently stands at 1,867 participants. This record was set back in 2017, when the Metaverse didn’t exist.

The Guinness Book of World Records is sending 15 people to oversee the event. Attendees will be wearing VR headsets which allow for phones to be inserted. Ear plugs will be used for a fully-immersive experience.

The Largest Virtual Reality Event in the World to Hit Madrid
Promotional images from the event

The event starts at 17:00 CET on Saturday afternoon and goes until midnight. The seven-hour event will be streamed out to more than 100 countries in English and Spanish.

Mani Thawani is the founder of MundoCrypto. “My team and I are proud to have played an important role in the mass adoption of crypto over the past three years through our online educational courses. It is now time for us to bring the crypto community to a special place in our hearts, Madrid, for a unique physical experience in the Metaverse, and why not break a world record at the same time?” 

Activities at the event

People who turn up can muck about in the gaming area, in a NFT room, a training room, watch presentations by crypto personalities, and participate in the Guinness Book of World Records attempt. Networking with investors, and entrepreneurs from the cryptoworld is also expected.

Tickets to attend the event are €50 but this gets refunded once the ticket holder turns up to the event.

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The post The Largest Virtual Reality Event in the World to Hit Madrid appeared first on BeInCrypto.

Source: Markets – BeInCrypto

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Altcoins

CFTC charges Digitex founder over illegal crypto derivatives platform

The Commodity Futures Trading Commission (CFTC), has brought charges against Adam Todd, the founder…

The post CFTC charges Digitex founder over illegal crypto derivatives platform appeared first on CoinJournal.

The Commodity Futures Trading Commission (CFTC), has brought charges against Adam Todd, the founder of crypto derivatives platform Digitex, according to court documents filed in a US court.

The futures market regulator is suing Todd over his operating of an unregistered derivatives trading venue in violation of the Commodity Exchange Act (CEA), the filing showed.

Digitex used multiple entities

As per the CFTC charges filed in the Southern District of Florida, Todd is accused of building and operating the Digitex crypto derivatives trading platform illegally. The defendant is said to have used multiple entities to bring his services to the public, with cited entities being Digitex LLC, Digitex Software Ltd., Digitex Ltd. and Blockster Holdings Ltd. Corp.

The CFTC seeks monetary penalties, disgorgement, a ban against Todd and Digitex.

The action against Digitex is the latest complaint by the CFTC against a crypto entity or individual as regulators increasingly spotlight violations across the industry.

Last week, the agency fined founders of bZeroX Tom Bean and Kyle Kistner for violating the Commodity Exchnage Act in their offerig of leveraged and margined products to retailers. The regulator also filed a complaint against decentralised autonomous organisation Ooki DAO.

The post CFTC charges Digitex founder over illegal crypto derivatives platform appeared first on CoinJournal.

Source: CoinJournal: Latest Bitcoin, Ethereum & Crypto News

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