The Metaverse - ULTIMATE 🧵
#Metaverse, like #Blockchain, is a word that is becoming more popular but is hardly fully defined.
The intersection of self-sovereignty, limitless networks, VR/AR, data, commerce, #tokenomics, and other concepts is still evolving.
Interested? 👀👇🏻
1/The next big step as an interconnected society is here:
7 billion digital minds capable of living almost fully online and contributing to a society influencing virtual economy
Imagine it.
@daolectic attended the @Everyrealm course on #Metaverse & NFTs
Get ready for it! 👇🏻
2/When Facebook released its @meta makeover, the #metaverse soared in popularity (and its aim of building its own metaverse).
@Google trends come in our help📈
In the metaverse and #web3, we are presently aiding various new businesses
However, what is web3 compared to 1 & 2?
3/#Web1 -> open, community-governed protocols. Most value went to the network's edges (users & builders)
#Web2 -> corporate-run segregated services. Most of the wealth went to @Google, @Apple, @Amazon, & @meta#Web3 -> #tokenized internet controlled by creators and consumers.
5/@ballmatthew, a recognized #metaverse expert and influencer, wrote a long-lasting primer about this incredible world.
We recommend you to take some time in reading it;
matthewball.vc/the-metaverse-primer
In the meantime, here you find his own definition of #metaverse👇🏻
6/The #metaverse has a lot to offer to people of different backgrounds and interests.
In a late-2021 survey of 🇺🇸 internet users, moreover as stated they would join the metaverse to benefit from #virtual workplaces and networking.
7/The #Metaverse allows you to enter a virtual environment without using a computer.
➤#AR and #VR are required, coupled with phones and haptic gloves,
➤The virtual environment might be utilized for business, play, concerts, movies, or simply hanging out with friends
8/How blockchain is linked with the metaverse?
@Anne_Connelly and Elizabeth Strickler introduce to the whole audience the concepts behind #blockchain & #NFTs, explaining which are their roles within the #Metaverse technological infrastructure. 👇🏻
9/ Through #NFTs, #cryptocurrency is establishing the groundwork for a self-sovereign financial system, an open creative economy, and a universal digital representation and ownership layer.
More time spent online will result in more digital value being generated and consumed.
10/To invest time and money in #virtualworlds, people must believe in their long-term economic sustainability.
#Decentralized networks provide a degree of trust and benefits that are unmatched.
People seek new ways to trust institutions because they no longer trust them.
11/ @Somniumspace is a #VR platform driven by #blockchain.
➤Users can create, import #NFTs, and explore scenes.
The creator @ASychov can bring you into a special journey, where your avatar can wear the latest designer suit as #NFT, having fun with the other users!
12/According to @todiba, the #metaverse opens up new digital frontiers for consumers and companies
➤fully accessible to consumers, producers, & businesses
➤brands can establish a new economy thanks to a future of interaction, developing new income streams in a virtual world
13/ Virtual real estate & land ownership are major frontiers:
➤Thanks to #blockchain, users may buy & sell #land in metaverses
➤People believe this #virtual property is worth paying for
➤Ownership indicates a commitment to the #metaverse
➤Its expansion brings engagement
14/What about other main trends in #metaverse?
➤#Gaming - Games will become increasingly #immersive (location-based, social, and interactive) and produced by a large number of people
➤Education & Learning
➤Work collaboration
➤Fashion
➤Live music
➤Phygital experience
15/Last, but not least:
@CathyHackl is the profile you MUST follow to learn and embrace your #metaverse journey.
without her, we wouldn't be here to write you about @everyrealm academy.
Check out this speech 👇🏻
16/ To conclude:
The #Metaverse: the New Era of Social Interaction and Communication
➤It comprises numerous layers, each vital to the development of this new ecosystem.
➤A broad spectrum of business players will be able to prosper in the future.
pic credits @ballmatthew
➤There will not be a dominating #metaverse, but a multiverse is quite plausible (multitude of metaverses)
➤To realize the multiverse paradigm, it will be required to be able to switch from each metaverse
➤the market will take 2/3 y to digest this new technology & embrace it
18/ Check out our latest medium post through the link in our BIO.
You will find more details, statistics & insights on the #metaverse
Exit the comfort zone, enter the metaverse!
@janineyorio@CathyHackl@TJ_Kawa@Everyrealm