Welcome to the metaverse, a collection of alternate digital realities in which people work, play, and socialize. You can call it the metaverse, the mirror world, the AR Cloud, the Magicverse, the Spatial internet, or Live Maps, but one thing is certain: it’s coming, and it’s going to be big.
Billions of dollars are being invested in the creation of the metaverse, a unified and interconnected digital world—and gaming companies are at the forefront of its development.
As fresh innovations in computer hardware, gaming dynamics, and social media platforms intersect, a metaverse of sorts already exists. Brands are already dabbling in the metaverse for product launches, virtual headquarters, and events.
What is Metaverse
Neal Stephenson coined the term “metaverse” in his 1992 novel Snow Crash. Think of it is as a virtual world where you can play, learn, earn, buy, create, interact and live with a virtual identity.
It is a mixed reality where we connect the Real and the virtual world, and physical and digital objects can co-exist and interact in real-time.
Online Multiplayer gaming, Augmented Reality, Virtual Reality, NFT’s, Social media are all aspects of Metaverse.
Well, we can say that the Metaverse is the evolution of the internet. It focuses on creating an immersive User experience.
Should You Invest in Metaverse
Now that you have a view of what metaverse is, the next thought is “why should you invest in the metaverse”.
Big companies such as Facebook, Google, and Microsoft have already invested heavily in AR and VR.
Facebook is developing hardware such as its Oculus VR headsets. AR glasses and Wristbands are in the works. Facebook also changed its name to ‘Meta’ that represents Metaverse.
Microsoft CEO Satya Nadella also shared his vision regarding building an Enterprise Metaverse.
Epic Games announced that it completed a $1 billion round of funding, which will allow the company to support the long-term vision of Metaverse.
Something is cooking, and you don’t want to miss it.
Another example is Decentraland, where users can create, explore, and even trade in the virtual world. It shows the potential of what can happen when you combine blockchain technology with virtual reality.
You can start investing in this project by bagging their token $MANA.
User Experience is going to play a crucial role in the adoption and user retention of the Metaverse.
A deep understanding of Human psychology, Human-computer interaction will help in creating a better immersive experience.
Metaverse is in the nascent stage, and it will keep evolving in the upcoming years. It will emerge according to the effort of User experience and interface designers.
We believe Metaverse can be a revolution, and it can change the way we use the internet because the possibilities are endless.