Metaverses are 3D virtual worlds where social connections are the focus. These virtual worlds can be described as hypothetical versions of the Internet. They are made possible by VR headsets. What are the metaverse benefits? Here’s a look at some of the most common metaverse benefits. Let’s break them down further….and then we’ll discuss how to create your own metaverse!
Interoperability
Interoperability across metaverses is key to the future of gaming. The ability to create and play games across different metaverses is possible thanks to technology such as augmented and superior reality headsets. The technology that makes it possible is the most exciting new software market since 2007. Interoperability between metaverses is a vital piece of this puzzle and will require conscious buy-in from game developers. It requires “bridges” to connect data between different worlds.
The concept of a metaverse linked to digital experiences is still relatively new, but hundreds of companies are already building their own version. Metamask, for example, is an online wallet that allows users to invest in other users’ projects. The developers of Metamask plan to create a system that allows users to sell and buy assets in different metaverses. And once that’s in place, the future of the gaming industry looks bright.
Persistence
There is no one way to achieve persistence in the metaverse, but there are some ways to create the feeling of it. One of the ways to do this is to develop a persistent virtual environment. In the World of Warcraft, for example, players can purchase and sell virtual items. In Fortnite, players can learn about Martin Luther King Jr. and have an experience like MLK did in the real world. Another way to create a persistent virtual environment is to create your own personal home using a headset such as the Oculus Rift.
You can tie a persistent space to a team or organization. Or it can be open to the public. A persistent organization’s metaverse could include meeting rooms, coffee or break rooms, auditoriums, game rooms, meditation and training spaces. In a similar way, an organization could create a persistent town hall, or virtual office space. This persistent metaverse doesn’t need to follow the laws of physics.
Real-time
Although it is difficult to predict the future of a metaverse, the future is in the hands and control of those who use it. One company could be the dominant player in this market, just as Apple’s App Store was. We can expect that a metaverse platform, however, will also benefit from the same economics. We may end up with the best possible of both worlds, who knows?
For now, though, we can see a few examples of this trend. Fortnite is one of the most popular metaverses. It hosts virtual concerts and even hosts NFL games. A concert can be held virtually in Fortnight. Another example is the virtual concert by Ariana Grande and Travis Scott in the Fortnite game. It has been played by hundreds of millions and is only expected to continue growing.
Scale
The metaverse is a metaphor that refers to the entire universe. As the name suggests, this virtual space exists outside of the physical universe, and can be used for various purposes. A metaverse, unlike the virtual world allows users to transfer material and laws between universes and create virtual and nonexistent objects. Metaverse is a term that is often used in science fiction as well as in the real world to describe a permanent virtual universe.
The potential scale of the metaverses is enormous. A single game can span thousands of worlds. Metaverses will enable new types of collaborative interactions between people. A single game can be played by thousands of people at the same time. It is possible for the Metaverse’s to be an OS/hardware leader. Microsoft is already the second largest cloud vendor in the world, and its massive suite of work-related software gives it plenty of technical experience in governing massively shared online content. In the future, Metaverses could become the gateway to all physical experiences and the next great labor platform.
Players
Satya Nadella, Microsoft CEO, recently announced innovative innovations in the metaverse. His next generation mixed reality device, “Microsoft Mesh”, will allow collaboration between devices. Mark Zuckerberg, Facebook CEO, also announced that the company’s name has been changed to “meta”, and will now be focusing on the metaverse as the next goal. The metaverse is not yet widely available, but it is expected to reach the US$800 billion market size by 2024.
Facebook recently rebranded itself as Meta and other companies have joined the race to create their own virtual worlds. Microsoft recently acquired Activision. And now, other companies, such as Adidas and Dolce & Gabbana, have announced their plans to create their own virtual worlds. Even South Korea has pledged $186.7 million to create a national metaverse ecosystem. These companies may be making plans for metaverse development but many aren’t actually developing the game.
Make Money In The Metaverse With AustinVisual
At Austin Visuals 3D Animation Studio, we create computer graphics and provide custom animated ads and explainer videos to a global audience. AustinVisuals.com. Since we are always using the latest cutting edge software and technology to create our services, we are often at the front of technology helping our business clients grow into new technology spaces.
Austin Visuals provides a service helping businesses and individuals create their own NFTs, create a 360° VR Metaverse Animation, we offer onboarding, consulting, and will help guide you through your NFT creation process. If this is something you’re interested in email us [email protected].
Our Services
- NFT development
- Metaverse services
- Decentraland 3d modeling
- NFT creation services
- Sanbox Buidling
- Create a 360° VR Metaverse Animation
- VR Research
- VR Planning
- Virtual Reality 3D Model Creation
- 360 degree – 3D Experience Creation and Design
- We offer custom experiences designed to build teamwork
- AV provides high resolution imagery, lower latency and provides more realistic imaging and quicker adjustments of the images when the user moves their head.
Want to know how we can help? Have questions? Have a project to discuss? Message us using the contact form below, email us [email protected] or call us (512) 591-8024 to meet with a member of our team today.
