[Terminology] What Is Metaverse Mean?

by GameAZ
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What is Metaverse? Metaverse is currently a popular term after CEO Mark Zuckerberg announced his social network is becoming a Metaverse, along with changing Facebook’s company name to Meta. So do you really understand all about the term Metaverse? Let’s analyze it with GateGame in more detail

1. What is a defining feature of the metaverse

1.1. Sustainability

The ability to maintain and continuously deliver improvements in the services or ecosystems within them.

1.2. Immersion

Representing the realism of the digital world in Metaverse provides metrics for the purpose of assessing how much the user’s experience in the Metaverse world compares to the real world.

1.3. Openness

Create an open world that allows participants in the Metaverse to freely connect or disconnect at any time without hindering the operation of the system. It is an open space that allows users unlimited freedom to create.

1.4. Economic System

An economic system parallel to the real world. In it, participants can transfer their assets between the real world and the virtual world easily, as well as rely on groundbreaking innovations in the Metaverse to accumulate and earn money. increase your wealth.

2. Metaverse and the Gaming Industry

When it comes to video games, most people immediately think of entertainment, but in reality its potential is much greater. Video games and digital worlds have the ability to simulate real-world environments and even push the boundaries of reality to contribute to improving lives in various ways. Game publishers today have been looking to make this jump.

Fortnite publisher Epic Games is one of those companies that are working extremely hard to transform their video game universe into the metaverse. Basically, Fortnite is a type of battle royale game. In recent years, they’ve expanded to host an in-game concert with some of the world’s most famous musicians, like Travis Scott and Ariana Grande.

Most recently on August 26, Epic Games teamed up with Times Magazine, to give Martin Luther King Jr the speech of a lifetime in Fortnite. Roblox is also a big gaming company that aspires to create the metaverse. Their game has been around for over a decade where it allows users to build their digital worlds and interact with friends online.

Roblox recently decided to IPO, and largely due to its intent to pursue the metaverse, the company has reached a valuation of over $39 billion. From that, it can be seen that, if someone is going to pursue the metaverse, they will need to start with the gaming field first.

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Travis Scott’s first concert on Fortnite was widely applauded for its creativity.

3. Opportunity and Potential of Metaverse

Proponents and creators in the metaverse told the Economic Times that there are endless and unrealized use cases for making money and living in virtual worlds. In the metaverse, everything is tradable, which is a great opportunity for creators to come up with something unique and find a niche for themselves.

You can rent out your land for events, you can create wearables that people can buy and dress up in the metaverse, you can have billboards and build games. It all depends on your imagination Purists believe we are moving towards a singular metaverse – an interconnected network of all virtual worlds where an individual’s identity will move seamlessly between worlds.

4. The Future and Barriers of the Metaverse

The potential benefits of Metaverse are still unknown, but at the heart of the metaverse concept is the idea that a virtual, 3D, accessible and real-time environment will become a transformative vehicle for communication. social and business participation.

Currently, a number of companies use Metaverse’s platform to conduct distance learning, sports, entertainment and healthcare sectors. tuong-lai-va-rao-can-cua-blockchain

So the question is what are the barriers to the development of Metaverse? Gil Elbaz – Chief Technology Officer and Co-Founder of Datagen said that it is still very early for Metaverse to go further because the software and devices are not ready yet, VR is still in the early stages of development and AR is even there. have not gone far.

Besides, current human resources are also a barrier for Metaverse. Metaverse will require extensive computing power, not to mention a large number of engineers, designers, and network administrators to keep Metaverse afloat. Another important factor is the strong computing infrastructure, Metaverse will likely benefit from smart city networks. tuong-lai-va-rao-can-cua-metaverse

5. Some technical terms about Metaverse

Several technological terms about the Metaverse are being used interchangeably. Some experiences combine different versions of reality:

5.1. Assisted reality

This refers to any technology that allows a person to view the screen and use Hands-free Controls to interact with the screen. Realwear devices fit into this category.

5.2. Augmented reality (Augmented reality)

This technology uses the real world to set up and apply computer simulation technology to the view. A real-life example is retailers using Augmented reality to describe how a new sofa would look in a customer’s living room.

5.3. Meatspace

This is the physical world where most of us spend most of our time.

5.4. Mixed reality (Augmented reality)

This term describes a view of the real world with the addition of virtual objects that look and act like real objects. Thus the user can interact with both virtual and real objects.

5.5. Multiverse

The general definition by which the term usually refers to many separate universes operating independently of each other. With current technology like: internet technology, social network Facebook, Minecraft, Instagram, Twitch, Roblox, Fortnite, Discord and all other social media and virtual games, where people can socialize, play and shop. Theoretically, the metaverse could bring all these multiverses into one place and give users new experiences.

5.6. Virtual reality

This is an immersive experience that requires the use of headphones. There are VR games that transport users to different worlds as well as training sessions set in the real world.

6. Metaverse application in real life?

6.1. Sports and entertainment

At game company Unity, Peter Moore is the live head of sports and entertainment and recently launched the Unity Miracast. The platform will mirror professional sports in 3D in real time. The camera captures the athletes on the field and the data is used to create digital twins. The first 3D broadcast was a match between two mixed martial artists filmed in a small arena with 106 cameras.

6.2. Health care

Doctors were among the first to use AR for collaboration. Microsoft’s Mixed Reality Headset also enables medical professionals around the globe to collaborate on virtually any surgical procedure in the 21st century.

So surgeons can use Microsoft’s HoloLens using Microsoft’s HoloLens. hand gestures and voice commands to display 3D images from scans, access patient data and communicate with other professionals. This hands-free control is a significant benefit of the hardware for doctors and other healthcare professionals.

6.3. Educate

NASA uses AR and VR on the space station to remotely control robots or complete maintenance tasks with AR support. In one particular project, astronaut Scott Kelly used a Microsoft HoloLens headset to conduct ISS training and prepare for future missions.

During these tests, a member of mission control on Earth streamed Kelly’s field of view through a headset and also plotted images that were displayed in 3D on the astronaut’s HoloLens screen.

7. Suggest Top 5 potential metaverse coins in the future?

7.1. Decentraland (MANA)

Decentraland allows you to create a new economy based solely on tokens for owning land in the world known as virtual reality. You can freely create and build anything you want when you own a piece of land there.

Plus, you can go to casinos, attend seminars, watch country music, shop with friends, visit resorts, drive your dream car, start a business and much more all these things. you can imagine. With just a virtual reality headset or using a web browser, you can enjoy a 360-degree virtual world.

decentraland-mana-metaverse

Decentraland Mana Metaverse

7.2. Sandbox (SAND)

The Sandbox is a decentralized virtual reality platform (Decentralized Virtual Reality Platform) developed on the Ethereum Blockchain with the aim of allowing users to build, own, create NFT assets and monetize the assets. their.

sand-box

The Sandbox

7.3. Axie Infinity (AXS)

Axie Infinity is a blockchain-based NFT (Non-Fungible Tokens) game, with gameplay similar to the famous Pokémon game, where anyone can earn tokens through skilled gameplay and contribute to the community Ecosystem

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Game Axie Infinity

7.4. My Neighbor Alice (ALICE)

My Neighbor Alice is currently a game built to attract and be multiplayer. At the same time, this is also a place where anyone can own virtual islands, meet new players, build and collect interesting items.

my-neighborhood-alice

Game My Neighborhood Alice

7.5. Alien World (TLM)

Alien Worlds is an NFT DeFi metaverse game that simulates economic competition and cooperation between players. To this end, the game incentivizes players with Trilium tokens (TLMs), which are required to control competing Decentralized Autonomous Organizations (“Planet DAOs”) and to gain access to games. additional play.

alien-worlds

Game Alien Worlds

Above is the information about what metaverse is that GameAZ wants to share with you to help you have a better overview of the development of Metaverse in the future.

If you have any questions, comments, suggestions or project ideas, please email: [email protected]

DISCLAIMER: The information on this Website is provided as an overview of the market and does not constitute financial advice. GameAZ encourages you to do more research before deciding to invest.

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