METAVERSE — THE NEXT TECHNOLOGICAL REVOLUTION OPENS UP THE FUTURE TREND
Despite the fact that the word “metaverse” has been in use for nearly a decade, the concept has become more popular in recent years. It is followed by appealing forum topics in the fields of technology and business, which promise to generate a lot of interaction from a variety of platforms. So, what exactly is the Metaverse?
Metaverse (or virtual universe) is a digital universe that combines elements of social media, video games, augmented reality (AR), virtual reality (VR), the Internet, and cryptocurrency. It allows users to interact through virtual reality technology.
With the development of Metaverse, compared to existing technology, it will open up a more multidimensional online interaction space for users. Users in Metaverse can not only view digital content but also immerse themselves in the space of the virtual digital world.
The origin of the Metaverse came from Neil Stephenson. In his 1992 science fiction novel, Stephenson used the concept of Metaverse to describe the virtual reality that inherited the Internet. It is a term that is described as an alternative world where value systems and social norms can be stored, without economic and cultural rigidity.
What are the outstanding features of Metaverse?
The term Metaverse refers to the concept of an infinite, online, 3D universe that combines multiple virtual spaces. The metaverse can be thought of as a future version of the Internet. Users in the metaverse can work, meet, play games, and socialize with one another in these 3D spaces.
The following are the four main characteristics of the Metaverse:
Immersion: The level of authenticity of Metaverse is in comparison to experience in percentage.
Openness: This feature allows the user to connect or disconnect at any time.
Sustainability: Maintainability and continuity of services or ecosystems.
Economic System: The economic system parallels reality. Users can transfer assets between the Metaverse virtual world and the real world. They also have the ability to accumulate and grow assets for themselves.
Metaverse — The future trend of the next technological revolution
In the presentation of Senior Vice President cum General Manager Marc Whitten, he stated: “Metaverse will become the biggest technology revolution of the desktop platform ever — bigger than the mobile event and the revolution that spawned the web.” (As reported by The Wall Street Journal).
Some of us may wonder what Web 3.0 has to do with Metaverse. By its nature, Web 3.0 will be decentralized and run on a decentralized network (the same networks on which blockchain and cryptocurrency are built). Currently, people interact online by accessing traditional platform websites, social networks, or applications in the 2D dimension, which technologists refer to as Web 2.0.
One of the fundamental features of the Metaverse virtual universe is the ability to seamlessly and instantly move your avatars and assets from one world to another. Therefore, blockchain could be what makes it possible. As we mentioned, the metaverse will combine all aspects of life into one space. As more people work from home, they will be able to enter the metaverse’s 3D office and interact with their colleagues.
Earlier this year, Sotheby’s, the oldest and largest internationally recognized firm of fine art auctioneers in the world, announced a collaboration with Sostento nonprofit and community healthcare advocate in order to auction the latest NFT collection through Sotheby’s Metaverse. The company created a digital copy of London headquarters in a virtual space on display at Sotheby’s. The virtual streets of Decentraland are regarded as the world’s first decentralized virtual world.
The rapid growth of NFTs will also play an important role in the Metaverse, allowing users to fully own their characters, in-game items, and even virtual lands. Instead of entrusting our digital assets to technocrats, players like us have the ability to own, convert, and control them. Instead of allowing these companies to give us access while we play by their rules on their platforms, we should be the property owners.
One of the most potent aspects as Metaverse grows is the marketing of brands and the activities of the content creator and influencer communities. Gradually, more and more people are entering the virtual world or digital universe, which leads brands to need to build their brands as well, which creates parallels. digital birth. At that time, we will see the stores of Gucci, Dior, etc. in the virtual space, where the character represents who we are, making it possible for people to go there to shop or own accessories, or even digital accessories.
In general, a virtual universe Metaverse would combine all aspects of life into a three-dimensional space. This marks an obvious advance in the technological revolution that sets the new trend for the global future. As society becomes more and more modern, the applications of the metaverse will be the x-factor that everyone wants to discover. A virtual universe with countless interesting things is no longer just a dream. Currently, the concept of the metaverse is still cherishing many interesting unknowns. Let’s follow Snailhouse for more updates on this exciting digital universe!
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