From flipping real estate on Decentraland to trading NFTs on OpenSea, the metaverse is one of the most exciting developments that have come about in recent times.
In the metaverse, individuals can create alternate lives for themselves or make it big, trading digital art and crafting unique items of their own. You can read a detailed article about this here: https://blog.tezro.com/what-is-metaverse-crypto/
However, our question is: why does it matter to get involved and will you lose the ‘train’ if you don’t join ASAP?
The metaverse defined
Simply put, the metaverse is the next evolutionary step for the internet. The internet allows us to access vast information and connect on a grander scale in its current iteration.
With the metaverse, however, users can enjoy a significantly more immersive experience thanks to the power of virtual reality (VR) technology. And as NFTs have made the concept of digital ownership possible, we’re only just beginning to see what the metaverse has to offer.
So with all of that in mind, let’s see:
Why is the Metaverse important?
- It allows for a greater degree of cooperation
The internet has allowed us to work remotely and collaborate with talent from all over the world. But all of that will likely change as online collaboration has moved beyond just conference calls and video meetings.
Instead, participants can view digital representations, i.e., avatars of themselves in the metaverse, for a more immersive experience.
In this digital world, colleagues and business partners can meet and work on activities in real-time – thus allowing for better visualizations and a greater understanding of the scope of work.
With the metaverse, individuals can draw up images and concepts with just a touch – allowing for a far greater degree of collaboration.
For example, an architect working in the metaverse can share in-depth 3D visualizations remotely with their team without ever having to leave the comfort of home.
- VR technology is more accessible
VR or virtual reality technology is a critical part of the metaverse as it allows users to immerse themselves in literal alternate reality. However, VR tech was regarded as too niche (and too expensive, all that is set to change.
A 2020 report by The Economist reported that besides growing by leaps and bounds, VR technology is now more affordable than it’s ever been, which is excellent news for fans of virtual reality games and the metaverse.
Thanks to accessible VR tech, users can interact with the metaverse on a whole new level. Before the introduction of VR technology, an individual could only create a second life for themselves in cyberspace. But thanks to VR headsets, it’s now possible to live out an entire alternate life.
- Facebook has embraced the metaverse
Whether or not you’re a fan of Facebook, there’s no denying that the company is on the cutting edge of tech development. And when Facebook rebranded itself as Meta, it’s clear to see that the company intends to shift its focus from social media to the metaverse at large.
Of course, some say that the entire rebranding exercise is simply a means for CEO Mark Zuckerberg to deflect criticisms that have been leveled at his company. However, the fact that Meta has invested enormous sums of money into developing metaverse tech means something interesting is on the horizon.
While the metaverse may be the next logical step forward for the internet, this doesn’t mean that the news is all good.
Indra Sinha’s 1999 novel The Cybergypsies paints a picture of a dystopian future where individuals have become so addicted to the internet and their cyber personas that they lose touch with reality. As a result, many end up losing their jobs or spouses in their pursuit to feed their digital addictions.
Hence, it would be best for humanity to gradually explore the opportunities offered by the metaverse while still taking things with a pinch of salt. If the metaverse is as immersive as it’s claimed to be, then we may be headed down the same road as the characters in The Cybergypsies.