Home Web 3.0 Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs

Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs

by ethhack

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Snapchat’s Spectacles AR glasses launched in 2016, three years after the company rolled out Lenses, its custom AR filters. Last year, the company acquired WaveOptics, the supplier of the AR displays used in Snap’s Spectacles, for more than $500 million, the company’s largest acquisition of 2021.

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