In our article we’ll discuss “What is the metaverse?” and why is it important? In 2021 what might we do in the metaverse?
“Just an intro”
“Metaverse” it means many things the main ingredients are pervasive networking, cryptocurrencies and also crypto network which like a bitcoin and ethereum, with extended reality (XR) it includes AR and a VR and also NFT(Non-Fungible Tokens).
What is Metaverse?
In this digital world, this is a “Nutshell”, anything we can imagine and exist.
We’ll be connected with the metaverse at all times, it extends the sense of sight, sounds, and also touches it, blends with digital items into the physical world and it pops into fully immersive 3d environments whenever we want it. This technology is collectively known as eXtended Reality(XR).
One day the metaverse becomes a “HUGE economy” and it represents up to 10x and this is the total value of an entire current global economy. We are seeing shadow glimpses the metaverse may soon become. We should first take a look at where it comes from.
In “1992” the book “Snowcrash”, the writer Neal Stephenson imagined an internet which is like a virtual reality world he called it “Metaverse” where the users interact with the digital forms and they are called “Avatars”.
The term “Avatar” becomes a popular fiction franchise and it includes earnest cline “Ready Player One” and it turned to become a popular movie.
The “Ready Player One”, is a centralized metaverse called the oasis-hosted avatars it used in a variety of ways. Here the players purchase the item they used as an outfit in a game. Every item had a real value and they lost a big deal.
This is related to many video games. Here the value of an item is destroyed by some decentralized power and who controls all of the item, each item capabilities.
Vitalik proposed the idea of an ethereum. This is a decentralized crypto network like a bitcoin cryptocurrency but the crypto network executes arbitrary, it is called a smart contract. The smart contract does many things. It represents a unique digital item and is called an NFT (Non-Fungible Token).
The Multiverse:
Contemporary this is not one universal interoperable metaverse which is like the oasis form ready player one. Nowadays we have a bunch of different platforms.
You can build virtual worlds decentraland is a 3D space by using this explore museum that is packed with NFT art, play games, attend live concerts, etc. It works in the “Metamask Extension” and you can access the cryptocurrency and NFT features. Here you can buy and sell the property, Virtual art is created and sold here, or build a virtual world.
Create a unique and create booth for experienced vendors, become more interesting, decentraland get into the conference space.
A variety of mini-games are in the decentraland some of their reward with NFT and it may be able to sell in Open sea.
