The Metaverse is a shared virtual environment that leverages cutting-edge technologies such as VR, AR, and blockchain to create immersive experiences for its residents. It is a virtual world accessible via the Internet that allows people to interact with each other and their environment in a variety of ways, often through their own virtual avatars. Playing games, attending events such as virtual concerts, and creating and trading digital land, property, and other digital assets are just some of the activities available to residents of the Metaverse.
Note that the metaverse for business is not a single monolithic entity. Like the Internet, which emerged from the amalgamation of many disparate computer networks, the Metaverse is underpinned by a variety of disparate applications and services, all of which directly or indirectly contribute to creating something greater than the sum of its parts.
Is the metaverse really revolutionary?
The revolutionary nature of the metaverse is not obvious at first glance. After all, we've been dreaming of virtual worlds for decades. Thanks to the advent of computers and the Internet, we already live in a highly "digitized" and highly networked world. It is a way of connecting social and technological trends and drawing them to their natural conclusions.
The Ideas of Homo Ludens and the Importance of Play for Cultural Generations. The rise of video games and other forms of digital entertainment. A gamification phenomenon that has taken over key aspects of our physical world. Our love for information and communication.
The Metaverse is a way to connect people far apart, as well as a virtual playground and outlet for creative impulses. A true digital world - no quotes.
What is the future of the Metaverse?
The Metaverse has technology that can grow organically as developers build tools and products over time. At the same time, companies, especially large ones, are always looking for promising new markets, so much of their growth can be driven by corporate profits. In that respect, the journey of the Metaverse is likely to resemble the journey of the Internet, which has gone from humble beginnings to becoming the connective tissue of the modern world as well.
So benchmarking the evolution of the Internet shows that even the most innovative technology needs time to mature before it can truly unlock its potential. Twenty years ago, every visit to the online world was signaled by the squeak of a modem. Today, I have an internet connection virtually everywhere.
In the case of the Metaverse, the underlying technology is likely to mature as well. After all, it was only last summer that the allure of NFTs went mainstream. Similarly, AR and VR are still considered niche products.
Conclusion
Getting lost in discussions about the usefulness of something or rejecting innovative ideas because their value to the world is not immediately apparent or quantifiable am. But we must remember that we have shared stories and experiences since time immemorial. That's not because it has many uses (which it often does), but because it's an integral part of being human. It created a good experience and I was able to play it.
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