What is Metaverse? What's the Future of Metaverse? (Fully Explained)
Metaverse is a concept of virtual space, 3D interface connecting online users in all parts of their lives. The concept was actually developed in the Snow Crash Sci-Fi novel by Stephenson. Then metaverse was created as a fiction, now it looks like it could be the reality in future. Similar to the internet, it can be accessible through a single browser containing multiple websites.
What is Metaverse?
The metaverse refers to a collection of virtual reality rooms which are connected to a perceived virtual universe similar to the Internet preferred metaverse is made up of the prefix meta which means beyond and the stem was which is a back formation from the word universe is typically used to describe the concept of your future generation of the Internet made up of persistent shared virtual space is linked to a perceived virtual universe the matter was in a broader sense may not only refer to virtual worlds but the Internet as a whole including the entire spectrum of augmented reality.
Think of it as an Internet that are inside of, rather than one that you're looking at this digital realm wouldn't be limited to devices. Avatars could walk around in cyberspace is similar to how people when you were in the physical world allowing users to interact with people on the other side of the planet as if they're in the same room with them to start watching their lands buildings avatars and even names can be bought and sold off and using cryptocurrency in this environment people can wander around with friends visit buildings and attend events would work similar to the Internet. You would have to log in and connect to it with a virtual reality headset which is a head mounted display objects like you normally would instead of seeing images on the screen they would be projected onto your eyes making it feel like you're in a virtual world Internet.
- In the same room with strangers.
- Travel the world with Google Maps on virtual reality headsets.
- Sit in any corner of the world on maps imagine doing that with VR headsets on online shopping would also change with personalized avatars that can try out clothes.
- Online robust virtual universe everyone needs to want and afford VR headsets.
The technology would need to be stylish and minimal enough to ingest more paper and sophisticated enough to work seamlessly this has not happened as of yet. To truly understand what this innovation is all about, we might need to wait for some more time and see what metaverse is going to do with humans.
Many sci-fi films are certain fully fledged metaverse's meaning they're set in alternative digital worlds which are indistinguishable from the real physical world until now this was the stuff of fiction but the concept is catching on who's who of the tech world are now seeing a virtual reality universe tested future of the Internet
Facebook CEO Mark Zuckerberg has said that the company will try to transition from being a social media company to a metaverse company in the next five years or so the tech giant has even announced plans to create 10,000 jobs in the European Union over the next five years to help build the so-called metaverse.
Microsoft uses holograms and the US Army is currently working with this software giant on an augmented reality.
Fortnite is also considered to be a part of the metaverse.
Epic Games has also invested in building the metaverse. It also held the music concerts and even hosted historic Martin Luther King Jr's I Have A Dream Speech.
Similar to the metaverse there are three platforms which also incorporated NFTs and other blockchain elements. They are
- Axie Infinity
- Decentraland
- SecondLive
NFT holders can as of now sell their merchandise from numerous sources on commercial centers like OpenSea. However there isn't yet a famous 3D stage for this. At a greater scale, blockchain engineers may create well known metaverse-like applications with more natural users than a huge tech monster.
How You Can Make Money With The Metaverse?
Companies who will shape the future of the metaverse. So things like Facebook and stuff like that. There are list of three companies that are good companies to invest in the future for the metaverse.
- NVIDIA
- Meta Platforms
- Unity Software
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