Metaverse - Boom 💥
Metaverse - Boom 💥
2 min read

Metaverse - Boom 💥

This might seem like a fairly new concept, the next big thing, maybe?

But hear me out,

We’re already using it every day in the form of the Internet.

Add a dash of virtually enhanced physical reality to it,

And what we have here is the metaverse.

There is no better place than Wikipedia to learn about a concept -

The Metaverse is a collective virtual shared space[1] including the sum of all virtual worlds and the Internet. It may contain derivatives or copies of the real world, but it is distinct from Augmented Reality. The word "metaverse" is made up of the prefix "meta" (meaning beyond) and the stem "verse" (a backformation from "universe"); the term is typically used to describe the concept of a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe.[2]

Video game tycoons like Epic Games already see potential in this and announced $1 billion funding to build a metaverse world inside Fortnite.

https://www.epicgames.com/site/en-US/news/announcing-a-1-billion-funding-round-to-support-epics-long-term-vision-for-the-metaverse

Even Facebook and Microsoft are up to building something similar.
Facebook: https://www.oculus.com/facebook-horizon/ and https://www.theverge.com/22588022/mark-zuckerberg-facebook-ceo-metaverse-interview
Microsoft Mesh: https://www.microsoft.com/en-us/mesh

It only gets better with the addition of tools,

Like blockchain and NFT to make it a secure sandbox.

Why blockchain?

"Metaverse is going to be far more pervasive and powerful than anything else. If one central company gains control of this, they will become more powerful than any government and be a god on Earth." - Tim Sweeney, CEO and Founder of Epic Games.

Metaverse Platforms produces a vast amount of data points about each customer than traditional Internet platforms.

Subject Experts in this field build solutions using blockchain-related technologies instead of traditional storage approaches.

How does web 3.0 change the current experience of the web?
https://medium.com/fabric-ventures/what-is-web-3-0-why-it-matters-934eb07f3d2b

These are futuristic apps for the next gen instead of the present. Web 3.0 will enable users to interact with web pages through gestures and actions instead of using physical devices. And data will be decentralized and AI everywhere.

Many other innovations can help to build a platform like this,

1. AR/VR/XR to improve the experience - Microsoft Hololens, Oculus and other competitors in the market like amazon, magic leap, etc
2. Metahumans - easy way to generate digital humans inside game or 3d engine
3. AI for improvising sales and other automation.
4. Dapps for making a secure sandbox

And many more like AR glasses, Web XR, 8thwall, etc.

My interest in this tech

I’m working on the ideation process to build a virtual world for shopping.

Wherein AI digital human models will play a huge role in promoting sales.

Hit me up if you’re interested to know more about it.

I mean it when I say it's the next big thing!