Metaverse is future. As we’re getting closer to an era of artificial intelligence, augmented reality, and virtual reality, it’s natural to wonder what the world will be like if those technologies become mainstream. For a lot of people, the only representation they have of this futuristic scenario is from science fiction novels or movies. But what about those who have been working on technology for the last few years?
Neal Stephenson coined the term “Metaverse” in his science fiction novel Snow Crash. It refers to a virtual world where people can meet, interact, and do business without the restrictions of physical reality.
The Metaverse is not just a place for gamers and science fiction fans; it has the potential to revolutionize the way we live, work, and play. Here are some reasons you should care about the Metaverse:
- It will change the way we interact with each other and with businesses.
- It will provide new opportunities for entrepreneurs and businesses.
- It will create new jobs and industries.
- It will redefine what it means to be human.
What is Metaverse?
Metaverse is a decentralized platform that enables the creation of digital assets and smart contracts. It is also a virtual world where people can interact with each other and with digital objects. It is often compared to Ethereum, as both platforms enable the creation of decentralized applications (dApps). However, It has several unique features that make it different from Ethereum and other blockchain platforms. A breif introduction on Meta by CEO of Facebook Now Meta as below
How Metaverse will Work
The Metaverse is a blockchain-base decentralize network of virtual worlds and online communities. it is a distributed ledger that allows for the creation and exchange of digital assets. Decenterland a decenterlized app is based on Metaverse, a virtual world where users can buy and sell land, build applications, and create their own digital identities.
The Metaverse is much more than just a virtual world; it is a new way of thinking about the Internet. An open-source project that is under progress by a community of developers. The goal of the this platform is to create a decentralize network of virtual worlds that are power by blockchain technology.
The Metaverse is still in its early stages, but there are already a few applications that are on the platform. Decentraland is one of the most popular applications on the Metaverse. In Decentraland, users can buy and sell land, build applications, and create their own digital identities.
Another popular application on the platform is Blockmarket, which is an decentralized marketplace that allows for the buying and selling of digital assets. and Blockmarket is similar to eBay or Amazon, but it runs on the Metaverse blockchain instead
How it will change the Internet
The internet as we know it is about to change. The Metaverse is a new, immersive online world that is being created by a company called High Fidelity. It will be a 3D virtual world that will be populated by avatars, or digital representations of people. These avatars will be able to interact with each other and with the environment in a realistic way.
The Metaverse will be unlike anything that has ever been seen before. and It will be a completely new way to experience the internet. You will be able to explore different worlds, meet new people, and do things that you never thought possible.
The Metaverse is still in development, but it is already clear that it will have a major impact on the internet as we know it. Hence below are some applications that will be improved in Metaverse
You can communicate on Meta as you can communicate on any other Platform. using VR you can feel like sitting in one meeting room, communicating with other people as avatars. it is same as communication in vidoe games except you are the person talking.
You can explore digital world through your avatar. there will be markets, stores, malls in this virtual world and you can navigate through it. You can pin the location with label and other people can find it.
Games are already in one step ahead, you can go to the play areas and play with other players in 3D as you are together. some games are single players and others you can only play with other players
Art and Music
Music is one of the first feilds to enter in Metaverse, currently in Oct 2022, Live events in VR are in progress. you can join the server and listen, see and enjoy live event.
Building games such as Roblox or Minecraft are examples; the same theme implemented in the metaverse. You can construct whatever you want.
In Metaverse all transacrtions are through cryptocurrency. i have written a full blog post on “Cryptocurrency for beginners“. You can learn about crypto in this post. You have to make wallet first for your crypto. Metamask is one of the leading wallets for crypto. and then you can purchase etherium or any other supported currency to save in your wallet and then you can do transactions in metaverse. you can sale your digital products or NFTs. and purchase digital products in your virtual reality.
The metaverse is an exciting concept with a lot of potential. As more and more people become interested in virtual reality and the possibilities it offers, the metaverse will become increasingly important. If you’re not familiar with the term, it’s time to start learning about it. Here are three reasons why you should care about the metaverse:
- The metaverse could change the way we interact with each other and the world around us.
- The metaverse could provide new opportunities for businesses and entrepreneurs.
- The metaverse could be a place where we can escape from the real world and experience something totally new.