MateriApps LIVE! is a virtual machine containing over 270 materials science applications and tools that can be run without installation. It aims to promote open source software in computational materials science by forming an online community. Key features include pre-installed applications that can be used for simulations, tutorials, and hands-on sessions. The document provides instructions for setting up MateriApps LIVE! in VirtualBox, sharing files, and accessing resources and applications within the virtual machine.