Metaverse world: Metaverse generates a new economy, where wealth can be created, traded and grown using real money but different from the real world.
Social media has become an important factor in the lives of all of us today. A new technology called Metavers is taking place in this social media. Metaverse can be defined as a simulated digital environment that uses augmented reality, virtual reality, and blockchain with social media to interact with users who mimic the real world. Social media exists today in a more integrated and immersive way. It has a profound effect on our perception of the world around us.
Various effects of metavers
>> With two dimension digital space now users will also experience an immersive reality.
>> Content creators and designers (especially 3D modeling and VR World Building Expert) will be able to create new opportunities for them.
>> Metavers generate a new economy, where wealth creation, trade and growth can be done using real currency but different from the real world.
>> Metawars can meet the needs by simulating the real world using new techniques and evolution.
>> Understands the issues surrounding data privacy, security, diversity and ethical behavior and these real world issues that can take on a whole new dimension in the virtual world.
>> Facebook has a metaphysical investment in metavars, so it plans to work on it for these challenges and opportunities. Let’s take a look at how this happens.
The beginning of metavars
The word metavers may seem new to some people. However, it has existed for almost three decades. Metawors was introduced to American science fiction writer Neil Stephens in his 1992 novel Snow Crash. In the novel, users use metavers to escape the futuristic, mostly dystopian world.
Over the last 30 years the company has laid the foundation of Metavars with its own hard work. Virtual reality headsets have become more ergonomic and cheaper. Global Internet usage continues to grow. The popularity of online gaming has grown so much that it has now reached the level of a tournament. However, Facebook is not the only or first name in the company that thinks about Metavers. It also includes the name of another company Decentraliland.
Decentreland has 25.5 million in funding and offers users a VR environment builder, customized avatars, a crypto-enabled marketplace, digital wallets and a governance system. Facebook announced its flagship position in AR / VR in September 2021 and launched its own tech on Metavers.
What does Metavers mean for Facebook?
Speaking of Metavers in its press release, Facebook says: Metavers is a set of virtual spaces where you can explore it with others. These are people who are not in the physical space like you. You can hang out with friends, work, play, learn, shop, build and much more. “
It goes without saying that most of us are familiar with metavars. When we spend a lot of time online, we interact with metavers. For this, an article titled “We Already Live in Facebook’s Metaverse” was published, where this is mentioned. Hopefully, in the next one to two decades, Facebook metavars will come among the people.
How to access Metavers?
Facebook’s Metavers doesn’t exist yet. When it does, it will be accessible on augmented reality smart glasses, desktops and mobile apps like VR headsets, Ray-Ban Stories.
Will there be rules for matchmakers?
While Metavers is in the very early stages of coming under the jurisdiction of the rules, Facebook is currently working with educational and legal institutions to ensure that it runs smoothly and systematically.
What will be the main features of Metavers?
Metavers will be persistent, real-time, infinite, interoperable and self-sustaining.
Who will run Metawars?
Metawors will be decentralized, says Marek Zuckerberg. It will be like “embedded internet”. Facebook will not run metavars.
What will be the business opportunity in Metawors?
Metavers will be a huge economic engine. Facebook expects demand for 10,000 high-skill jobs in the EU alone, mainly among content creators and AR / VR startups. In the future, users can expect to earn money in Metawars as well.
What’s next
While many people are skeptical about the larger and more sophisticated version of Facebook’s popular social enlargement, it is important to keep in mind that time is of the essence. Cryptocurrencies are now extremely popular around the world and are giving a different experience to video game gaming universes like Minecraft or Fortnight. In the next few years we will be able to experience this V technology.