#metaverse development solution

“Metaverse” that we often hear in recent years

Many people probably don’t know what it is. In a word, it is “virtual space”. The feature is that you can project yourself as an avatar in a 3D world configured on the Internet and enjoy it. I will explain how the Metaverse development is used and why it is attracting attention.

What is Metaverse?

Metaverse is the next evolutionary form of virtual reality, and refers to a digital space beyond the real world. You can enjoy projecting yourself as an avatar in a 3D world constructed on the Internet.

The biggest feature is that you can freely act in the virtual space in a state close to the real space. Within this space, you can represent yourself as an avatar, interact with others, own virtual properties and modify them to your liking.

I think that many people have a strong impression of games when they hear the word “avatar,” but the Metaverse is not only used for games and entertainment. Future development is expected in a wide range of fields such as medicine, education, and business. For example, it is possible to realize telepresence, a technology that allows you to enjoy communication with remote members with a sense of presence, and enable collaborative work.

In addition, it is strongly linked to virtual currency and blockchain technology, and can be used to manage economic activities and digital assets.

However, it is also true that there are still challenges and risks. I will explain the usage examples and the advantages and disadvantages.

Is it different from VR?

VR (virtual reality) is a technology that allows you to experience a virtual space that is different from reality, created using computer technology. In general, wearing a VR headset is characterized by the fact that you can get the feeling that you are in another place.

The specific differences are as follows.

1. difference in scale

VR is primarily aimed at one user completely immersing themselves in themselves, with headsets for that purpose. On the other hand, the Metaverse can be accessed by many users at the same time and can be active in a large virtual space.

2. difference in purpose

VR is primarily used for entertainment and gaming. Metaverse is widely used, but it is also expected to be deployed in a wide range of fields such as medical care and business.

3. Interaction difference

VR is mainly aimed at completely enveloping oneself, and the user personally moves and manipulates the real body. On the other hand, in the Metaverse, you can enjoy communicating with other users through avatars.

4. difference in the world

VR is primarily focused on one environment. On the other hand, the Metaverse Development solutions often has multiple environments and worlds, and it is characterized by being able to operate in them

VR is mainly intended to be enjoyed by one person in a self-contained manner, and is immersed in a virtual space using a dedicated headset. However, in the Metaverse, it is possible to communicate with multiple people in a virtual space, and there is a tendency to emphasize communication with a large number of people.

what can you do

The Metaverse enables a variety of things, but what exactly can it do? Here are some of the things you can do in the metaverse.

1. business activities

You can use the Metaverse to hold meetings, presentations, exhibitions, and sales activities. You can communicate in real time with people all over the world through the Internet, regardless of time and place.

2. entertainment

You can enjoy adventures and sports in virtual world games, and live music and performances in virtual space. You can play games online with friends who are far away or difficult to see, and you can go to live events together.

3. Education/Training

It may come as a surprise, but the Metaverse is also used in the field of education. Examples include remote student interaction, real-time experimentation and training, and arts and culture learning.

4. community social

The feature of the Metaverse is that multiple people can gather at the same time and form a community. For example, parties, live performances, shopping, watching sports, exchanges and friendships can all be done on the Metaverse.

5. creative activities

Users can create their own avatars and 3D objects.

In addition to avatars, there are also the design and production of costumes, furniture, buildings, etc., the production of photographs and videos in virtual space, and the exhibition of art works in virtual space.

The Metaverse is still in the process of developing, and research and development is underway on how to utilize it in many fields in the future.

Merit and Demerit

So what are the pros and cons of actually using it?

Merit

Although there are some overlaps with the above-mentioned notable background, the following are the advantages of using the Metaverse.

1. new economic zone

You can actually shop using virtual currency in the Metaverse, and buy and sell real estate in the virtual space. Furthermore, by eliminating physical stores and moving stores to the Metaverse, companies can expect a lot of cost reductions.

2. Feel free to participate in events

When the new coronavirus spread, many live concerts were canceled to prevent infection, and entertainment was undermined. However, in the Metaverse, where you don’t have to actually go to the event venue and meet people directly, you can easily participate in various events.

In addition, since you can share the space with friends who are far away using avatars, it is difficult to feel the physical distance and you can feel like you are participating in the event together.

3. A place where truants and hikikomori can connect with society

According to a survey conducted by the Ministry of Education, Culture, Sports, Science and Technology, the number of elementary and junior high school students who do not attend school in 2021 will be 244,940, a sharp increase from the previous year to 48,813 (24.9%). The Mie Prefectural Board of Education is using the Metaverse to provide opportunities for such children to connect with society.

Quote: Mie Prefectural Board of Education

4. Can act anonymously

When using the Metaverse individually, it is possible to use it anonymously by using a handle name. As a result, many people can cut off the connection with the real world, which leads to stress release and psychological liberation.

Demerit

1. Dilution of human relationships

There are also concerns about the possibility that more people will rely on activities on the Metaverse, even at the expense of human relationships in the real world. Also, communication on the Metaverse Intergration Services may be weaker than human relationships in the real world.

2. Technology and cost burden

In order to comfortably operate avatars on the Metaverse, special operations and environments may be required. In some cases, the disparity between those who cannot prepare them and those who can will become a problem. Security measures are also indispensable, so Metaverse’s own measures are also essential. If the countermeasures are weak, there is also the risk of hacking.

You can also enjoy the Metaverse on your smartphone, but compared to a PC, the operability is poor, so you tend to need a PC with high specs to fully enjoy it.

3. Legal issues

At present, the legislation regarding the Metaverse has not yet caught up. As a result, there is insufficient provision for harassment issues and troubles caused by minors. We think that maintenance advances in future, but must be careful until maintenance advances.

4. mental health issues

Since the avatar is different from the real self, there is a possibility that mental health problems may occur due to the gap between yourself and yourself.

Furthermore, because of the high degree of immersion, there is also the aspect that it is viewed as a problem that more people will become dependent on the Metaverse and become immersed in it.

Make sure you understand the pros and cons and use them.

Business

Metaverse is also used in various ways in the business field. Here are some usage examples.

1. virtual shop

Using the Metaverse, it is possible to create shopping malls and stores in virtual space and sell products. As online shopping spreads, it is possible to provide a more familiar and realistic shopping experience in addition to conventional websites.

2. virtual event

Events such as exhibitions, conferences, and music festivals can also be held in the Metaverse. Because it is not subject to many restrictions, larger events and experiences and communication that are difficult to achieve with conventional events are possible.

3. virtual office

In a virtual office, you can work just like you would in a traditional office. Suitable for remote work and distributed teams, it encourages communication and collaboration among team members without the constraints of a traditional office.

4. virtual real estate

Metaverse is also used in the real estate industry. Real-life properties are reproduced in virtual space, allowing visitors to tour the interior. In addition, as remote work increases, the number of real estate companies that provide virtual offices and virtual housing is also increasing.

As mentioned above, new business opportunities are created that are more accessible and free from physical restrictions. By utilizing the Metaverse, it is becoming possible to communicate with customers, streamline business activities, and innovate through creative approaches.

Summary

There are many cases where the metaverse is already being used, so if you are interested, please check it out in detail.

“Web 3.0” is a concept that represents a new form of the Internet that is rapidly attracting attention from the latter half of 2021.

Because it is a new keyword, there are probably many people who have heard it but still do not understand it.

The concept of Web 3.0 is also important when talking about crypto assets called virtual currencies such as tokens and platforms, NFTs, and the Metaverse and web3.

In this article, I have summarized how Web 3.0 is different from the Internet so far, and how Web 3.0 is expected to change business in the future.

What is Web 3.0 like?

“Web3.0” (sometimes written as “Web3”) has become a trend word and is attracting a lot of attention.

Web 3.0 is a new concept born in recent years, and there is no clear definition yet. It is expected to be able to solve the problems of the existing web, and it is better to think of it as a direction that shows the next ideal form.

Checking the evolution of the web so far makes it easier to understand what Web 3.0 will look like.

First of all, I will explain the flow so far and Web 3.0 by dividing it into the following three parts.

What is Web 1.0

What is Web 2.0

What is Web 3.0

Let’s take it step by step.

What is Web 1.0

“Web 1.0” refers to the early days of the web. Approximately mid-1990s to mid-2000s. In fact, there is no detailed definition other than time. When the following “Web2.0” was proposed, it was the name given to the pre-Web2.0 Web.

Although there is no detailed definition, it is generally said that the transmission of information is unidirectional and one-sided. With the advent of the Internet, anyone can widely disseminate information. However, in the early days, knowledge of site construction was required to send information, and it was common for the majority of people to view the websites created by some of the creators. In other words, the sender and receiver were still fixed, and it was one-sided. In Web 1.0, homepages and search sites were central to the Web.

What is Web 2.0

“Web 2.0” is the web that we are currently using. A term that was born in the mid-2000s to the late 2010s, SNS such as Twitter and Facebook and platforms such as YouTube have appeared, making it possible to transmit information without having the expertise to create a website.

Anyone can respond to posts on SNS by liking or commenting, and the main feature is that two-way communication is possible. SNS and blogs are representative services of Web 2.0.

While it has become easier to disseminate information, problems have also been pointed out.

In Web 2.0, information will be aggregated by platform companies that also operate platforms. At the same time, information may be manipulated and managed by those companies. It is also feared that there is a danger that information will be leaked or lost if the platform company’s server malfunctions or is subject to cyberattacks.

What is Web 3.0

And Web 3.0 is the way of the next generation Web characterized by “distribution” and “trustless”. It is expected that decentralized management of data using blockchain technology will be realized.

Blockchain allows direct exchange between computers participating in the network. When storing data, it also distributes the storage destinations to the computers in the network. Specifically, first, data for a certain period of time is recorded in blocks. Then the next block of data is recorded on another computer. Blocks are concatenated like a chain while also keeping records of the previous block. In this way, we connect the chain and store data on many computers. “Decentralized” is the first keyword of Web3.0.

What you can do with Web3.0

It is believed that Web3.0 will be able to solve the problems of Web2.0. There are two main problems with Web 2.0:

Privacy issues where personal information is concentrated in certain large companies

Security issues that rely on centralized servers

“Personal Information” also includes your search history and preferences. Ads displayed while viewing the site are also displayed based on individual search history. Also, due to the centralized server, if the server goes down, the whole system will stop. This problem is also called a “single point of failure”. In both cases, the provision and management of services are concentrated in a few companies.

Web 3.0 solves these problems, and it is believed that the following will become possible in the future.

Emergence of OS- and device-independent apps

cloud storage changes

No access restrictions for specific areas

server is stable

Let’s look at each one in detail.

OS and device independent apps

In the future, in Web 3.0, applications that are independent of OS and devices may appear.

Web 3.0 applications are mainly created using a platform called “Ethereum”. Ethereum is an open source platform for building blockchains. For example, it is like an OS, and you can create distributed applications “DApps”. Examples of DApps include games, which can be used regardless of OS or device. Taking smartphone apps as an example, there is no longer an iOS version and no Android version.

From the corporate side, you can develop apps that can be used on any OS and device without incurring costs for each OS. Users will also be able to use any app across multiple devices and operating systems.

cloud storage changes

Web 3.0 could change cloud storage.

In Web 3.0, which uses blockchain technology, data recording and storage are distributed across multiple computers rather than servers. This also means that we will need a place to store data within the Web 3.0 network.

In the already provided decentralized storage service “Filecoin” example, you can get rewards for renting out your own free space. It’s like renting out a vacant house to get rental income. You can also set your own reward amount. If there are people who rent cheaply and price competition occurs, there is a possibility that storage users will be able to use the service at a low price.

No access restrictions for specific areas

Web 3.0 will likely eliminate the restrictions on access to the Web that are currently in place in some areas.

This is because decentralized networks do not have a centralized governing body. Technically, access is possible regardless of nationality, region, gender, etc. It is expected that we will be able to exchange information in a truly equal and equal relationship.

server is stable

Web3.0 is considered to stabilize the server.

By utilizing a technology called “P2P” (Peer to Peer), it becomes possible to communicate information between users without going through a server. P2P is a direct connection between terminals in an equal relationship. This prevents access from being concentrated on one server. As a result, server down due to access load is less likely to occur. There is also a possibility that the stability and communication speed of communication will improve.

Web 3.0 closely related to crypto assets, NFTs, and metaverse

Crypto assets called virtual currencies such as Bitcoin are electronic data currencies used for online transactions. Like an appraisal, “NFT” proves that the product data is not duplicated or forged, but is owned without fraud. “Metaverse” is a three-dimensional virtual space on the Internet. You can communicate with others and conduct commercial transactions just like in a real space.

Crypto assets called virtual currencies such as Bitcoin are electronic data currencies used for online transactions. Like an appraisal, “NFT” proves that the product data is not duplicated or forged, but is owned without fraud. “Metaverse” is a three-dimensional virtual space on the Internet. You can communicate with others and conduct commercial transactions just like in a real space.

Buying and selling in the Metaverse requires that goods be shown to be authentic. NFT is the proof of that. Crypto assets are expected to become the mainstream payment method in the future. Therefore, it is said that NFTs and crypto assets will become more and more important for commercial transactions in the Metaverse development.

Future prospects of Web 3.0

As the current Web 2.0 transitions to Web 3.0, the platforms and applications used will change, and it is thought that responses such as transfer will be required.

For example, YouTubers will move their activities from YouTube to new platforms, and will also transfer existing content.

For business operators, the method of monetization using the Web is likely to change significantly. Until now, the business model has been to charge for the provision of services. However, there is a possibility that such existing business models will no longer work in the future.

The era of Web 2.0, which was centered on platform companies such as Google, Instagram, and Twitter, is called a centralized “platform economy.” If Web 3.0 creates a decentralized platform from such centralization, it will be closely related to the “token economy” and the “creator economy” that is currently attracting attention.

High-value trading of digital art on NFTs has become a hot topic, but if creators such as Youtubers and SNS influencers migrate their platforms to Web 3.0, a new creator economy will be formed there. That’s what it means.

Similar to the transition from the Web 1.0 era to Web 2.0, the transition from Web 2.0 to Web 3.0 will not be a sudden transition, but will be a gradual transition or compatibility with Web 2.0. it might be.

Although it is just a guess, in order to ride on the transition to Web 3.0 in the future, in the short term, we will invest in blockchain-related companies, and in the long term, measures and projects that encourage communication between individuals via blockchain. planning, etc.

Have you taken note of how the world has evolved over the past few years? In the past, growing your business online and off implied that you were an effective entrepreneur. These days, if you also venture into the metaverse, the third space, you have far more opportunities. The establishment of metaverse NFT marketplaces is one of the most well-known strategies to do this.

Given that this area is still understudied by business executives in non-technical industries, it may have an impact on a certain company’s competitiveness in the future. So instead of delaying your company’s expansion, let’s learn more about the metaverse NFT marketplace and how it might benefit you instead.

You may learn how to build your own NFT marketplace in metaverse spaces and what essential elements it should have from the expertise of a professional metaverse development business.

What Is the Metaverse NFT Marketplace?

The NFT stands for a non-fungible token, which means that each NFT is a distinct digital item with its own price, value, and exclusive owner. As you may already be aware. NFTs function in metaverses as collectibles (images, movies, and assets), in-metaverse products and cash, and as a representation of an offline good.

An NFT metaverse marketplace, on the other hand, is akin to an online store on the next-level internet space where users may purchase, sell, auction, and exchange NFTs for cryptocurrencies. Blockchain technology, which guarantees the highest level of platform security and controls financial transactions, powers these markets.

As a result, business owners from most sectors may create an NFT marketplace for the metaverse, enabling their target market to obtain unique goods and conduct transactions more easily.

NFT Marketplace for Metaverse: The Value Behind the Concept

In many industries, metaverse NFT marketplace development solutions are seen as the next big thing. Sooner or later, the majority of industries will join the metaverse because of the movement in the world towards receiving and offering distant experiences.

The metaverse is a special place that is impervious to pandemics and other global calamities. Therefore, its users are not constrained by geography or even operating hours. Eventually, new opportunities for growth and financial gain will become available thanks to the functioning of the metaverse for business and NFT markets in particular.

Types of Metaverse NFT Marketplaces

Each NFT marketplace metaverse offer should be distinct and cater to diverse demographics in order to give customers experiences beyond standard online shopping and create intriguing investment possibilities simultaneously. You are thus invited to investigate the many NFT marketplaces that the metaverse may provide.

E-commerce NFT Metaverse Marketplace

Since the metaverse combines many different technologies, including blockchain, augmented reality, and virtual reality, it offers amazing prospects for e-commerce customers without requiring them to leave their homes. Surprisingly, by providing the extraordinary experiences that the majority of online customers want, you may close the gap between online and conventional purchasing.

Your consumers will be able to access a specialized application to browse a selection of 3D models of clothing, furniture, and other items. It would be feasible to try on clothing and digitally arrange furniture in your home to make sure it fits, with or without AR/VR technology. It will be possible to purchase commercial offers for cryptocurrencies to use in a physical or virtual environment after a thorough assessment.

Real Estate NFT Metaverse Marketplace

NFT metaverse markets have made it simpler for clients and real estate brokers to transact business. Users may purchase virtual and physical land using NFTs, eliminating time-consuming paperwork and tiresome travel to see each item in person. Instead, you may examine all of the real estate options in a metaverse marketplace, which is often accessible through mobile or online apps.

Clients receive certificates of established ownership rights that may be examined by any other users thanks to the ground-breaking technology of NFTs. Additionally, the metaverse rental market offers items in virtual worlds. Customers may identify suitable locations for setting up their metaverse enterprises in this way, exactly like it is done in the real world. As an alternative, you may spend money on a metaverse asset and rent it out to other players.

Gaming NFT Metaverse Marketplace

One of the earliest NFT marketplaces to develop in the metaverse’s areas was the gaming sector. Play-to-earn (P2E) and NFT games in the GameFi (gaming & finance) industry essentially cannot exist without NFT markets since it is their primary monetization mechanism.

Gamers may sell NFT awards and in-game items from metaverse games on specific cryptocurrency markets because of the decentralized functionality. They can also purchase particular NFT products from a platform or other players to influence their game progress. Rare NFTs have even been known to fetch millions of dollars when sold at auction.

NFT Art Metaverse Marketplace

NFT art metaverse markets are a fantastic way for digital artists to capitalise on their skills and earn a respectable income. You may produce digital goods and NFT collections that are connected to your sector from a commercial standpoint. Sports organizations, for instance, can advertise unique films and photos from sporting events as well as branded artwork as NFTs.

For individuals interested in making an investment in art, browsing the works in metaverse galleries and then purchasing their favourites is a fantastic alternative. NFT metaverse marketplaces can be a more practical method to hold auctions, biting digital replicas of old paintings to secure exclusive possession of genuine goods.

Benefits of a Metaverse NFT Marketplace

A unique NFT metaverse marketplace requires a lot of labour and knowledgeable professionals to design well. However, the benefits of such a solution make the time and money spent on it worthwhile.

Strong Security: Many people find online money transfers to be stressful, especially when they involve sizable sums of money. Fortunately, while purchasing or selling NFTs on metaverse markets, blockchain makes it exceedingly difficult to tamper with financial data and transactions.

Scalability: DeFi’s quick development has raised interest in blockchain-based projects. For instance, the Visa corporation is developing strategies that would enable Bitcoin purchases within its walls. As a result, your idea may draw potential backers and venture money to finance its expansion.

Transparency: Confirming the legitimacy of digital assets while paying high prices for them is one of the key worries. Thankfully, each NFT item keeps a record of all transactions and details on both the present owner and prior owners. Since it is decentralized, every user has access to this information.

Simple Tokenization: Both product owners and users may easily convert some digital goods into NFTs once you have a personalized metaverse NFT marketplace. So, with a few simple steps, you may display a chosen item in your marketplace. Instead, you may count on experts to handle it for you.

No Bureaucracy: There is no need to go through a tone of paperwork when making large transactions through the NFT metaverse marketplace. Purchased NFTs serve as an easy-to-prove certificate of ownership and provide clients with everything they need to conclude a transaction.

Metaverse NFT Marketplace Development: Essential Steps

1. Build Strategy and Concept

Having a clear vision for the project is essential to getting the outcome you want. So, before beginning the execution, gather all the pertinent data you can and devise the most effective means of ensuring that your team gives everything they have.

It’s also essential to do a market analysis to determine the best time for launch and to look into the offers of the rivals, highlighting the benefits and shortcomings of their offerings. In this manner, you’ll be able to decide which aspects are essential to have and which are preferable to omit.

2. Choose the Tech Stack

You’ll need the most potent tools and technologies to complete the project’s technical needs if you want to develop a fantastic metaverse NFT marketplace. Experts need to grasp programmer like Unreal Engine and Unity in order to build a system that offers immersive experiences and safe transactions.

Additionally, you need to decide on the blockchain network that will serve as the foundation for your metaverse NFT marketplace. You may choose between Ethereum, Solana, CTRONis, and other cryptocurrencies according on your demands and those of your target market.

3. Design a Demo

Prototyping is a crucial phase that experts can’t neglect because it may help save costs by saving a lot of time and money. You can determine whether the future metaverse NFT market is going to operate or whether there are things to improve it on by doing the basic structure.

A demo version of your project may typically be created without any coding. Experts may create a prototype in a few hours by using pre-made components, specialized plugins, and automatic functions in an editor. Only when you’ve given your approval to a demo should you go on to more complicated work.

4. Work on UI/UX Design

If you want your product to be really successful, the metaverse NFT marketplace you are building has to satisfy customer demands and be simple to use. Therefore, ensure that every feature is easily understandable to the ordinary user.

To catch consumers’ attention, the interface design should also be eye-catching and unique. Therefore, it’s crucial to design buttons and other forms of platform interaction in a single style and size that are immediately noticeable to users.

5. Database Storage & NFT Wallets Integration

As was previously indicated, a metaverse NFT marketplace needs dependable storage to maintain databases containing all customers’ private information. Therefore, experts are developing the IPFS (interplanetary file system) to guarantee peer-to-peer access to consumers’ digital data quickly.

People may link their NFT wallets to a safe and large system to store their tokens and maintain their NFTs in a metaverse infrastructure. Making the integration with multiple wallet systems for various platforms is also crucial.

6. Develop Smart Contract

A smart contract is a programmer that controls the exchange of money between users and a platform. The creation of smart contracts has made it simple to carry out operations that are typical of metaverse NFT markets, such as the buying, selling, trading, and auctioning of NFT products.

A smart contract also acts as an extra layer of protection, shielding transactions from disruption by outside parties. Your developers can increase this program’s capability for greater use depending on the project type and its unique features.

7. Coding & Unit Testing

Developers working on the metaverse convert all the information and features of an NFT marketplace into code in order to put the project’s components together. Additionally, experts connect every component to create a single, efficient system.

Developers frequently make mistakes when coding since this procedure is difficult and diverse, regardless of the specialists’ expertise and ability. Therefore, verifying code lines (units) on bug consistency using the unit testing type is a crucial component of any development.

8. Testing and Release

It’s time for testers to perform a comprehensive inspection after developers have ensured that a project runs well. In order to make sure that the anticipated outcomes of interactions with them correspond to the real ones, testers or QA engineers examine critical components of software.

Testing never ends even after meticulous testing, when the majority of defects have been found and addressed. Your specialists will get fresh problem reports with the initial release and each subsequent one, correct the mistakes, and carry on developing software upgrades.

How Much Does Metaverse NFT Marketplace Development Cost?

The fact that crypto-related DeFi initiatives demand substantial funding is not a secret. However, you may control your spending by establishing reasonable objectives and deadlines and by employing qualified experts at reasonable rates.

Therefore, you may reduce your expenses in a variety of areas by using the proper project planning and execution methods. Therefore, you may start by looking for top-tier metaverse NFT marketplace developers who can astound you with exceptional business offerings.

Rely on a Leading Metaverse NFT Marketplace Development Company

A competent outsourcing firm would be one of the key solutions to the puzzle of effective budget management. For instance, Program-Ace is a well-known software development service provider with expertise in the production of intricate projects and immersive experiences.

At Meta Platform’s fourth quarter 2021 financial results briefing, CEO Mark Zuckerberg and others mentioned Metaverse 11 times. 1 Microsoft mentioned the Metaverse seven times on its earnings call, and Nvidia five times. 2 But they are not alone. Over the past six months, companies around the world have used the term “metaverse” more than 240 times during earnings announcements. 3Why are so many companies obsessed with this term? That’s because many expect the Metaverse development to emerge as a game changer for the Internet, creating a multitrillion-dollar revenue opportunity for today’s major platforms and tech giants. Four

By the way, what exactly is the Metaverse? Why is it considered promising as the next-generation Internet? Which segments are most lucrative to benefit from this evolution? In this article, I would like to explore and delve deeper into how the Metaverse will reshape the future of the Digital World and how we experience it.

Important point

The Metaverse is a situation where users enter the Internet and exist virtually. The Metaverse features real-time persistence, economic systems, communities, digital avatars, and accessibility across multiple devices.

Investors see great potential in early versions of the Metaverse that are already out there and have had a short but successful track record. Metaverse based on a distributed open architecture platform that utilizes blockchain technology is expected to be the most successful in the future.

As the Metaverse continues to develop, it will bring revenue opportunities to companies in various industries, especially those involved in building hardware and software for VR (virtual reality), AR (augmented reality), and MR (mixed reality). It seems.

Metaverse definition

In today’s Internet, digital platforms typically support real-life activities. For example, buy something from Amazon and have it delivered to your home, share a photo from your last meal out on Instagram, or buy tickets online for a concert at Madison Square Garden with your friends. I go out to work.

In the Metaverse, on the other hand, digital platforms primarily support experiences in the digital world. Virtual reality headsets allow you to dive into highly immersive spaces where you can work, play video games, buy digital items, socialize with friends, and consume media. increase. The Metaverse is not a technology per se, but a vision of new ways of interacting with our world. Meta Platform’s Zuckerberg succinctly describes the Metaverse as “a virtual environment where you can spend time with others in a digital space.” Five

Broadly defined, the metaverse has six characteristics:

Identity: Users can use their avatar to represent whatever they want to be while existing in the digital space of the Metaverse. To quote the line from the sci-fi movie “Ready Player One,” which depicts an infinite metaverse called “The Oasis,” “Everyone can do anything, so they come to the oasis. And they can be anything, so they stay. Tall people.” , beautiful people, scary people, different genders, different creatures, live action, anime, it’s all up to you.” 6

Multi-Device: A key feature is the ability to access the Metaverse from anywhere, including smartphones, PCs, and tablets. One area where significant progress is expected is in immersive VR experiences that allow users to enter computer-generated environments and interact with virtual objects using head-mounted displays. On the other hand, we believe that a simplified version of the metaverse using conventional screens and devices will also survive.

Immersive: A truly immersive experience stimulates all human senses: sight, hearing, touch, smell and taste. Currently, VR is centered on surround sound and images. Next-generation VR devices, such as haptic bodysuits and omnidirectional treadmills, provide physical sensations through electrical stimulation as users move freely through digital environments.

Economic System: A fully developed Metaverse has a functioning economic system that allows users to earn and spend using digital and fiat currencies. Early metaverses with online economic systems include the gaming platform ‘Roblox’ and its currency ‘Robux’. Users who purchase Robux can use it to purchase experiences and items for their avatar. Developers and creators can create engaging experiences and items that users will want to purchase and earn Robux, which can be redeemed for fiat currencies such as US dollars.

Community: At Tavers, users are never alone. Users interact with others and share their experiences. Looking at early forms of the Metaverse, video games, enabling social experiences seems to be a core feature of popular titles. According to Rob Kotick, CEO of Activision Blizzard, players who come in groups with friends spend three times more time in-game and spend roughly three times more money in-game than other players. Pour into the content. 7

Real-Time Persistence: The Metaverse Development solutions persists in real-time and the experience cannot be paused. That is, it continues to exist and function even after the user leaves. Unlike other digital experiences, it focuses on the continuous development of the virtual world itself rather than the user.

Potential Revealed by Early Metaverses

The Metaverse is not a concept about the future world. An early version already exists. At Epic Games’ Fortnite, virtual concerts of Ariana Grande and Travis Scott were held, and users participated as digital avatars. The success of such events is staggering, attracting millions of fans far beyond the live show.

As companies invest more in building metaverse-related initiatives, they should remember that what is called the “metaverse” is not necessarily a centralized monopoly. As the Metaverse develops, the current experience is more centralized and specialized, but ultimately we aim to be fully decentralized. In the Metaverse drawn by “Ready Player One”, we have abandoned the real world in search of one infinite virtual world, but unlike this, in the world we live in, multiple Metaverses are expected to emerge. .

Metaverse Expected to Move from Closed to Open Architecture

Currently, the Metaverse experiences provided by companies mainly use closed-architecture systems, and their respective software and hardware are not compatible with other companies’ platforms. Platforms are often designed with different primary use cases in mind, such as gaming, work, shopping, and social.

Ultimately, the most successful Metaverse platform is expected to evolve into a more open architecture in which many, if not all, users, developers, and businesses can participate on an equal footing.

An example of a truly open metaverse is a decentralized virtual reality platform powered by blockchain technology. Such concepts already exist in Decentraland, Somnium Space, Sandbox, etc. built on the Ethereum blockchain. Unlike other virtual worlds and social networks, no single agent has the power to change the rules of the software, land and currency economies of these virtual worlds. Community members can create, experience, and monetize content and applications. Community members may also be able to buy/develop/sell land, but as in the real world, land is finite and its value goes up.

Users only need a VR set, a smartphone or PC, and an internet connection to participate. But the next generation of hardware, including haptic bodysuits, omnidirectional treadmills and brain-sensing wearables, will make virtual worlds more realistic.

Haptic Bodysuits: Wearables that provide tactile sensations to users in VR and AR environments through electrical stimulation and vibration motors, such as full-body, vest-only, or gloves. These suits mimic sensations such as hugs and raindrops, giving users a deeper experience.

Omnidirectional treadmill: Allows users to walk, run, and jump in any direction, allowing users to bring physicality to their VR experience. Today, even the best-in-class omnidirectional treadmills are only capable of walking. However, we believe that advances in technology will allow for a more immersive experience.

Brain-sensing devices: Devices that analyze, interpret, and convert their own neural signals into digital commands could finally allow users to control virtual environments in real time. In some advanced devices, machine-learning algorithms decode brain activity and recognize active visual focus, allowing the focused object to move within the virtual world.

Metaverse could be a trillion dollar business opportunity

Given its history, the metaverse could create a wide range of revenue opportunities across multiple industries. This trend will be particularly noticeable for companies involved in building hardware, software, semiconductors, platforms for creators, and economic systems related to VR, AR, and MR. If you include advertising, social commerce, digital events, hardware, content creation and development, and more, the opportunity could exceed $1 trillion. 9 Below, we list some of the fastest growing areas of the metaverse and some of the companies that are leading the way.

AR, VR, MR, and Spatial Computing: Companies involved in developing hardware and/or software for experiencing and interacting with augmented digital reality. Companies involved in VR (immersive simulation), AR (extending the real world with computer-generated information), MR (hybrid display that allows you to experience and operate the real world and virtual world at the same time), etc. These technologies can simulate or relay visual, auditory, tactile, and motion information.

An example of a VR set is Meta Platforms’ Oculus Quest. Combined sales of Oculus Quest 1 and 2 devices launched in 2019 and 2020 are estimated to reach over 10 million units. 10 Meta Platforms believes that exactly 10 million devices are needed to have a sustainable and profitable ecosystem for developers, so this sales figure is notable. 11 App development in the VR ecosystem lags far behind other types of devices such as smartphones, and there is currently a lack of quality content. As the number of VR users increases, the incentives for developers will also increase.

Conclusion

In recent years, the new crown epidemic has been erratic, which has made it difficult for offline courses to be carried out in a normal and orderly manner. A brand-new experience has come, which greatly facilitates the way of life, and at the same time, it also provides the possibility to build a more complete online virtual digital space and lays a reliable foundation. This article will analyze the characteristics of the metaverse, the pain points of modern education, and the opportunities and challenges that the Metaverse Development Company brings to modern education to conceive the future education formed by the combination of metaverse and modern education.

The virtual space of the metaverse brings people endless imagination, and to a certain extent, it will also promote the transformation of education. The concept of the metaverse originated from games, such as the familiar “Glory of the King”, “My World” and so on. In these games, the player’s energy is highly concentrated, highly interactive, timely feedback, immersive experience, role Acting, collaboration, etc. are integrated into one. Like new technologies such as virtual reality, the application of Metaverse in the field of education will also have great development potential and bring many opportunities for education. Therefore, the combination of Metaverse and education and the empowerment of education can change traditional education and bring profound changes to future education.

1. Distance education becomes possible

Traditional education needs to be carried out face-to-face, which has prevented the productivity of education from greatly improving in the past 100 years, and has become a typical case of “cost disease” in the service industry. However, the emergence of the metaverse, through the immersive remote experience mode, has greatly improved the experience, function and participation of the virtual classroom, which will greatly improve the productivity of education.

The so-called “teaching by precept and example”, in the process of education, a lot of information cannot be conveyed only through words or words, but must be conveyed face to face by teachers. This feature creates obstacles for the popularization of education.

In reality, the distribution of educational resources is uneven, and many places lack excellent teachers. The application of the Metaverse Development Services can make the content communicated face to face realized remotely. Metaverse has a richer, more vivid and immersive experience than the current audio and video conferencing in terms of powering distance education, and it can also improve interactivity more effectively.

2. Effectively enrich educational content

Metaverse can break through the limitations of physical space and display richer educational content, especially a large number of experimental content limited by physical conditions. For example, the evolution and formation of planets and stars, and the growth process of organisms can all be realized through the metaverse, and this realization process can also allow students to participate in the whole process.

Many universities have made extensive use of metaverse-related technologies in some experimental courses. During the new crown pneumonia epidemic, 185 first-year medical students at Case Western Reserve University are using HoloLens and mixed reality anatomy software to learn human anatomy. Mixed reality anatomy software helps students learn about the human body in ways that would not otherwise be possible. By accessing the tiniest details of human anatomy in 3D, students’ learning is not limited by the availability of cadavers for dissection or 2D medical textbook illustrations, enabling more vivid learning of human anatomy.

3. Upgrade of teaching hardware facilities

The education industry has entered the metaverse, and the extended reality technology AR and VR have become indispensable interfaces. At present, extended reality technology, like big data, artificial intelligence, and cloud computing, is widely used in various industries. VR and AR technology, due to their characteristics of breaking the boundary between reality and virtuality, have become the most popular when the concept of metaverse explodes. The basic entrance of the education industry to the Metaverse.

The hardware equipment for metaverse teaching includes not only basic equipment such as VR, AR, and virtual gloves, but also virtual equipment developed for teaching.

realistic teaching aids. Judging from the current metaverse industrial ecology at home and abroad, there are still quite a few companies that provide equipment support.

Relatively speaking, foreign metaverse-related companies are more focused on content, while domestic companies are more focused on technology. Foreign countries, such as Apple and Microsoft, are investing heavily in the production of metaverse-related operating systems and virtual reality equipment. , China, represented by Alibaba and Huawei, are all investing in the research and development of virtual reality equipment, so as to build a better path to the metaverse.

At present, the global shipments of VR and AR equipment continue to grow, and related hardware facilities are gradually being upgraded. In the educational metaverse, VR is to create a new virtual education field, and AR is to expand or enhance the real world where teachers and students live. The former focuses on virtuality, while the latter focuses on interacting with reality.

Education is further combined with artificial intelligence and big data, presenting another characteristic of metaverse education, that is, constructing virtual teachers and virtual classrooms based on artificial intelligence calculations to further realize personalized teaching.

Under the metaverse ecology, teachers have more possibilities for teaching. They can use traditional writing or screen display methods, or they can define their own classrooms in the Metaverse Development solutions according to the characteristics of the courses.

The Metaverse has been getting a lot of attention lately, but do you think it has the potential or future potential to change the world in a big way?

The Metaverse Development Company is not only for people who like games, but it will greatly change the business of companies and personal lives in a wide range of fields. However, there are many problems in the development of the Metaverse, and it is necessary to solve each problem one by one in order to spread it to the general public. In this article, we will analyze the possibilities and future potential of the Metaverse as it stands, It explains the current business model and issues for the development of the Metaverse. Please read to the end and use it as a clue to know the possibilities and future of the Metaverse.

What is the Metaverse?

Metaverse is generally thought to be working or playing through avatars in a virtual space on the Internet, but the actual definition is still unclear. The concept of the metaverse is broad, and the definition changes depending on where the metaverse aims. For example, some people define the Metaverse as a 2D game world in which many players can participate. In addition, some people think that the Metaverse is a world in which avatars, who are their alter ego, are active in a virtual space with a sense of immersion using VR devices. Also, some people have a negative view of the Metaverse, criticizing the costly and heavy weight of wearing VR devices. Not only is the definition ambiguous like this, but the current state of the Metaverse is that some people have a negative view.

What are the possibilities of the Metaverse?

In order to understand the possibilities of the Metaverse, it is necessary to grasp the current situation and opportunities due to the development of the Metaverse as follows.

Expansion of market size

A place for people from all over the world to interact

Utilization in a wide range of fields such as medicine

Expanding personal business opportunities

Let’s take a look at them one by one.

・Expansion of market size

The potential of the Metaverse Development Services is expected, and the market scale is expanding year by year. In fact, major companies that invest in the Metaverse business are appearing one after another. The former Facebook, which changed its company name to ``Meta’’ in 2021, has declared that it will invest about 1 trillion yen in the VR/AR field. Efforts on the Metaverse are also in Japan, and there are the following companies’ efforts in anticipation of the possibilities of the Metaverse.

Pasona Group: In January 2022, announced full-scale entry into the Metaverse business in human resource services

Sanrio: Virtual music festival to be held in December 2021

Nissan: In April 2022, “Environmental Tour with Nissan Aria” will be open to the public on VRChat

In this way, the expansion of the Metaverse market is expected to continue.

・Become a place for people from all over the world to interact

People from all over the world can join the Metaverse, spending time together and interacting in a real virtual world. At the moment, the Metaverse is mostly used for games, so you might think of it as a place for people who like games to interact. However, Metaverse is expected to be used not only for live performances and events, but also for business scenes such as training sessions and conferences. In addition, townscapes such as parks and roads in the real world are also reproduced in the Metaverse.

In other words, you can interact just like in the real world. In addition, advances in VR technology have made it possible to conduct activities in virtual spaces with a sense of immersion and to communicate using gestures. It can be said that the progress of this VR technology has made it easier for people to interact with each other through activities that are close to reality.

・Use in a wide range of fields such as medicine

The Metaverse is expected to be used in a wide range of fields, not just for business and people-to-people exchanges. One of them is the medical field. From April 2022, IBM Japan and Juntendo University will conduct joint research and development of medical services using Metaverse technology.

The contents of research and development are as follows.

Medium- to long-term theme

Verification of mental health-related diseases: Academic verification of improvement by activities in the metaverse

Short-term theme

Construction of Juntendo Virtual Hospital: Virtual experience of the hospital in the Metaverse Development solutions before coming to the hospital

Construction of a community square: Inpatients who have difficulty going out interact with their families outside the hospital in the Metaverse

In this way, I feel the potential of the Metaverse in its use in academic fields.

-Expanding personal business opportunities

The Metaverse is a business opportunity not only for large companies and large organizations, but also for individuals such as artists and people who want to live and work in rural areas. Metaverse is characterized by being able to operate in a virtual space without worrying about time and place restrictions. The Metaverse Office allows you to meet and communicate with your superiors and colleagues just like you would in a real office. Also, for artists, the sales method itself will change, such as customer service and sales of works in the Metaverse. Furthermore, if you use a VR device, you can actually hold the work in your hand and try it on.

What are the challenges of the Metaverse?

In order to make the Metaverse more promising, we have to solve various problems.

Metaverse issues that can be considered at this stage are as follows.

Development of laws and rules within the Metaverse

Popularization of VR equipment

Metaverse dependence and lack of communication in the real world

Let’s check it out to judge the future potential of the Metaverse.

Maintenance of laws and rules within the Metaverse

There is a point that the development of laws and rules has not caught up with the issues of the Metaverse.

Under current laws and regulations, property rights reside in things that physically exist, and commercial transactions in virtual spaces such as those in the Metaverse are not envisaged. Therefore, it is difficult to take legal action in the event that the paid goods are not delivered within the Metaverse.

However, there is also a movement to develop such laws and rules for the Metaverse.

In November 2021, the “Virtual Consortium” was established to solve problems and disseminate information by utilizing the experience of operating “Virtual Shibuya”. For the development of the Metaverse, the Virtual Consortium is developing rules for commercial transactions and guidelines such as compliance.

Diffusion of VR equipment

In order for the Metaverse Token Development Company to develop to a level that many people will be satisfied with, it is necessary to have a VR device that provides a sense of immersion, but at present it is not widely used. The current VR device is a price that is difficult for the general public to purchase. The list price (including tax) of the latest model “Meta Quest 2” as of May 2022 sold by Meta is 37,180 yen for 128GB and 49,280 yen for 256GB. VR devices are not necessary for daily life like smartphones and personal computers, but some core layers have them. In order for general users to use it, ease of use, such as affordable prices and development of convenient apps, is required.

・Dependence on the metaverse and lack of communication in the real world

Problems that can arise from the development of the Metaverse include dependence on the Metaverse and lack of communication in the real world. As the Metaverse develops, more people will find it more enjoyable and meaningful than in the real world. In the same way that games, the Internet, and SNS are fun and depend on, we depend on the Metaverse, and we become more concerned about ourselves in the Metaverse than in the real world. Especially since the Metaverse is highly compatible with games, more and more people may become addicted to games within the Metaverse. Also, relying on the metaverse reduces interaction in the real world. You may talk to many people in the Metaverse, but in the real world there may be many who do not talk to anyone.

The hidden possibilities of the Metaverse are endless

The Metaverse is full of possibilities that will change the world.

In recent years, there has been a lot of excitement surrounding Metaverse. The field of digitalization is buzzing with virtual reality, or VR. The creation of an immersive virtual reality platform benefits several online communities. One of the key areas of the internet world that VR has significantly influenced is gaming. With the use of VR software that provides unique effects for the users to play in a real-world context, it transforms gaming into a three-dimensional platform.

Understanding Metaverse and Its Types

A network of virtual reality-based 3D platforms or worlds is what makes up a metaverse. It emphasises social interaction. In terms of science fiction and futurology, the Metaverse Development Company is a fictitious reconstruction of the Internet as a single, all-encompassing virtual environment made possible by the usage of VR and AR headsets.

There are two different kinds of metaverse that we encounter.

Centralized Metaverse

It offers extensive user interactions as well as the utilisation of single-authority-controlled internet services. Users’ private information is disclosed in this situation and is still under the authority of that specific authorised entity. The authorised entity that defines the Metaverse platform’s functioning retains full control over it.

Decentralized Metaverse

A decentralised metaverse is an open ecology without a single, centralised authority in charge at all times. The decentralised Metaverse has developed significantly as a result of blockchain technology. Here, it aids in the regulation of interoperability, governance, the capacity to digitally gather assets in the form of NFTs, digital ownership proofs, and value transfer via cryptocurrency. Users can choose from a variety of interconnected virtual platforms thanks to the decentralised metaverse. Users may enter the digital world with the aid of these platforms and various augmented reality gadgets for an immersive experience. Through the use of smart contracts and a distributed ledger architecture, blockchain improves the security of the Metaverse.

Gaming in Metaverse

One of the main industries that makes use of Metaverse to give players a next-generation gaming experience is gaming. In a fiercely competitive gaming environment, they may interact in a manner that they never have before. They can also encounter an immersive environment that improves the entire game experience.

The goal of Metaverse is to enthral users and provide them a remarkable experience. The next-generation three-dimensional environment, where user interaction and built-in game components are more personal, is provided by Metaverse Development Services in place of a purely two-dimensional experience.

With regards to creating augmented reality while using games, live game streaming, play-to-earn gaming with NFTs minting & trading, value exchange with cryptocurrency, etc., as well as having broad connections with the rest of the globe, Metaverse is surely a very solid option. Let’s examine the attributes of gaming in the metaverse in more detail.

Social Gaming

Sociality is integral to the metaverse. It is a characteristic that distinguishes Metaverse from other forms of virtual reality. With the ability for gamers to connect with other players, form connections, and invite friends from the real world, multiplayer gaming will undoubtedly take on a new dimension.

Games-as-Platforms

These game-as-platforms provide customers with a better gaming experience and have considerably more freedom. Here, users may simply connect to the virtual world, create their own content, create minigames inside games, and use the gaming environment as a platform for a variety of other activities.

Mixed Reality Experience

For a more natural experience, Metaverse skillfully mixes augmented reality with mixed reality. Mixed reality may be included into gaming in the Metaverse, allowing players to seamlessly transition from group messaging in augmented reality to a mixed reality board game to a full-fledged virtual reality world.

Portable Game Assets

Asset portability may be enabled through the interoperable architecture of the Metaverse. As a result, improvements made to avatars and weapons in one game may be transferable to another, and NFT rules would be in charge of maintaining ownership.

Play To Earn

One of the most important aspects of gaming in the Metaverse is the play-to-earn model. In addition to adhering to the game’s rules and linear storyline, players may also take part in a number of lucrative activities, such as trading cryptocurrency for the goods they have gained in-game.

Notable Players in the Metaverse Gaming Industry

Although Metaverse is still in its infancy, it has already drawn a sizeable amount of funding from various game firms, IT behemoths, and others. It can be said with authority that Metaverse Development solution is the future of gaming given its rising popularity in the game industry. Now let’s look at a few notable figures in the gaming sector of the metaverse.

Decentraland

One of the first companies on the market to try to create a Metaverse was Decentraland. It is a blockchain-based social game metaverse that is accessible to all users and where they may play to win. It is appropriate for playing several different games, including roulette, slots, blackjack, and poker. On the site, users may play and earn tokens.

Decentraland is a three-dimensional virtual reality platform featuring quantifiable real estate, distinct game environments, and an Ethereum-based cryptocurrency. The corporation has previously invested in a business called Decentral Games in order to extend its gameplay capabilities.

Sandbox

A video game or a virtual environment unique to the Metaverse is called Sandbox. Players may use the space to play, create, own, control, and monetize a virtual area on the Ethereum blockchain using the platform’s utility token, SAND. Sandbox’s economy is built on NFT assets and user-generated cryptocurrency. It collaborates with several businesses throughout the globe to provide users distinctive and meaningful experiences.

The goal of Sandbox is to provide an immersive and dynamic Metaverse where players may freely develop a variety of virtual in-game structures and items that can interact with one another. Users may already purchase more than 20,000 NFTs from Sandbox to use in the virtual reality environment.

Meta

Although Meta, previously Facebook, is a relatively young player in the Metaverse, it has a remarkable history of invention in the virtual reality space. Facebook’s Oculus product family is centred around a solid experience reality. The company’s concept for the Metaverse will undoubtedly continue to be improved by these novel works.

Axie Infinity

The decentralised game Metaverse is particularly well-liked. The intriguing Axis avatars that are available in Axie Infinity are available for users to adopt as pets. Breeding, fighting, raising, gathering, and building kingdoms for the players’ pets is their main goal. The platform is a player-driven economy where users may only purchase, possess, sell, and trade the accessible gaming materials they acquired while playing. Axie is a game with a social network and income potential that is pretty intriguing.

Epic Games

The virtual reality game and event venue Fortnite is the reason it is most well-known. Fortnite’s rising popularity has allowed musicians from all around the world to do live shows using the Metaverse-like features of the game. In order to build its own gaming-focused Metaverse, Epic Games has revealed a $1 billion investment plan.

Conclusion

The metaverse has the potential to revolutionise how humans interact with technology for a variety of uses, including video conferencing, trade, streaming games, controlling legal procedures, and many others. Players now have the opportunity to compete in a completely immersive setting thanks to Metaverse Token Development Company.

The concept of metaverse is to create the second “virtual parallel time and space” in the human world through immersive technology. People can work, socialize and entertain through virtual identities. It seems far away from us, but in fact, existing technology and investment in life There have been many initial applications in Metaverse Development Company. The following “ Internet Thermometer “ sorts out the top ten hot topics to see what the first wave of participants are discussing?

No.10 Virtual Idol, VTuber

Metaverse fills people’s imagination, not only economics and social interaction, but also the entertainment industry may also have new forms, such as virtual idols and virtual YouTubers (VTuber), which are becoming more and more popular, are considered to be a new trend. Whether it’s the real-life Korean girl group aespa launching virtual characters, or Japan’s VTuber industry sweeping the world, you can see that the entertainment industry is going virtual everywhere. With more sophisticated technology and team operations, the market acceptance has become higher. Will it be possible in the future? There is a place in the universe that is highly anticipated.

No.9 Memory block chain technology

If you want to understand what the metaverse is, you must first understand the memory block chain technology. The biggest feature of the memory block chain is “decentralization” . Or, the anti-tampering technology has now been applied to virtual currency and NFT. In the future, how human beings will transfer their identities and assets to another virtual parallel world, the memory block chain is regarded as a major basic project of the Metaverse.

No.8 Virtual Currency

Before Facebook raised the metaverse issue, there was already a wave of global virtual currency enthusiasm. First, Bitcoin reached a new high in the past years, and then Tesla CEO Musk continued to support this type of cryptocurrency through Twitter, announcing that he would use SpaceX put “Dogecoin” on the moon, and it really increased the value of the currency.

Soon after, the topic of the Metaverse Development Services became hotter, and everyone was more optimistic that virtual currency would be the first ticket to enter the metaverse, which once again drove the market volume of the currency circle , hoping to see a more stable economic ecology of cryptocurrencies in the metaverse.

Inventory of the 10 most popular topics in the Metaverse! no.1 is neither NFT nor Metaverse

No.7 AI artificial intelligence

In the process of technological progress, AI plays an important role. This technology realizes “human intelligence” through computer programs, which can be seen everywhere in our lives. From facial recognition, robots, voice assistants, etc., this kind of technology must be “meta “Universe” , in the future, people must combine devices with AI and other technologies to truly live in another virtual universe. This has also attracted more and more technology companies to focus on the development of AI.

No.6 NFT

Recently, NFT non-homogeneous tokens, a new term for super-tamping technology, use the memory block chain technology to trade digital image files, music, and videos through NFT , so that buyers “own the right to register”. The art circle became popular, and then singer Huang Mingzhi and salted crispy chicken merchants put their songs and products on the shelves, attracting a large number of buyers to bid. Although the concept of this transaction is novel, it has also received attention again as the topic of the metaverse rises.

Inventory of the 10 most popular topics in the Metaverse! no.1 is neither NFT nor Metaverse

No.5 5G technology

The core concept of Metaverse is to allow people to live in another parallel virtual world, so 5G technology for faster mobile communication has become a hot topic. Although 5G technology has been launched for one year, the number of users is still low, but Metaverse Development solution Creating an infinite future for 5G is regarded as an important infrastructure for development. Not only telecom operators have announced that they will invest large sums of money in researching business opportunities, but related emerging companies are also favored, and the topic is hot again.

No.4 Semiconductor Technology

Semiconductors are component materials for information processing. Taiwan has solid manufacturing technology and plays an important role in the global market. Whether it is mobile phones, computers or earphones, semiconductors are the basic raw materials for 3C products. As the topic of the metaverse rages on, semiconductors are also viewed favorably. They are the foundation of all constructions of the metaverse . In addition to rising voices, they also continue to gain momentum in the stock market, which is expected to make overall profits. A lot of voices also come from investment-related discussions.

No.3 large-scale online game e-sports

Thinking of metaverse applications, most people’s first impression is “entertainment games”, which transfer virtual identities to another space to break through levels, race cars, etc. Therefore, after the topic of metaverse broke out, “sand games” featuring large maps, high freedom and player interaction features Box games” became the focus. For example, “Minecraft” (Minecraft) can build its own house and hold a virtual ceremony. In addition, “Roblox” (Roblox) also seized this trend and released virtual currency, and users can hold virtual concerts in it. , and cooperated with many brands of clothing , so that virtual characters can also enjoy the fun of dressing up, and the revenue has exploded.

No.2 metaverse concept stock/ETF

Facebook brought up the topic of the Metaverse, which aroused high attention from global investors. They believed that this unknown field was full of business opportunities. Investing in Metaverse concept stocks and ETFs became the most direct and fast way for the public to participate in the Metaverse , creating a lot of discussions. Following the shipping boom, Taiwan stocks were taken over by the “concept stocks” of Metaverse. Many investors who did not become One Piece followed suit, and related stock prices also soared. “ETF” also performed well. American investment company Roundhill After Investments released the world’s first Metaverse ETF , the stock price soared 8 times in three months. Taiwan stocks have also caught up with the upsurge. Recently, Fubon Investment Trust also launched the Fubon Metaverse ETF . Through the screening of the Solactive Metaverse Token Development Company Index, it can truly participate in 30 stocks such as Metaverse infrastructure, AR/VR, etc., and provide diversified and relatively stable targets for investment. people choose.

NO.1 AR/VR Technology

To allow people to swim in the virtual world in the metaverse, “immersive” experience is a very important part . It is no longer just typing through the keyboard or mobile phone, but to allow people to experience the metaverse. AR, VR technology, whether it is AR augmented reality or VR virtual reality, through devices and technology, this kind of technology allows people to enter the 3D virtual scene no longer have a sense of distance , instead it is full of novel experiences.