According to a recent Variety report, MContent, a cryptocurrency-based content platform, has partnered with PricewaterhouseCoopers (PwC) Middle East, to launch a VR documentary titled “Ripple vs SEC Saga” in the metaverse. Produced by MContent and Amsterdam-based Insight TV alongside Villain Studios, the plot of the documentary borders around Ripple’s ongoing legal battle with the U.S. Securities Exchange Commission (SEC) since 2020. Per the report, the Ripple vs SEC Saga will launch in MContent’s Cineverse, a VR theater created within the metaverse project developed in partnership with PwC. To watch “Ripple vs SEC” in the Cineverse viewers need to use Oculus VR headsets or augmented reality glasses. Aside from the virtual reality theater, the documentary is also available on MContent’s tokenized streaming platform. “The immersive cinema experience, designed in collaboration with PwC, has global scalability and mass adoption capability,” Umair Masoom, founder and CEO of MContent, said in a statement. Dubai-Based MContent Partners With PwC to Launch Doc ‘Ripple vs SEC Saga’ in the Metaverse (EXCLUSIVE) https://t.co/cyfb7WVq2T — Variety (@Variety) April 1, 2022 SEC vs Ripple Drama Continues In late 2020, the SEC accused Ripple of raising $1.3 billion in unregistered digital asset securities by selling its native XRP coin. According to the SEC’s key claim XRP is not a currency, but a security and therefore subjected to securities...
