Why does it become so famous on the Internet?
When searching what is Metaverse in search engines you will get plenty of answers like: a) Metaverse is the introduction of virtual reality where you can interact with other individuals across the country in a 4-Dimensional space b) Metaverse is famous in the crypto-space where NFT’s were used to create a virtual environment of your desire c) Metaverse is the key to the future in which some physical assets will become just the “things in the past”. All these answers are correct and will revolutionize our Internet experience without a doubt.
When you heard the word Metaverse, the first thing that comes to mind is Meta™. Meta™ is the new face of Facebook or Facebook rebrands its name to Meta™. But did you know that Metaverse is already starting even before Facebook? Yes, Meta™ is only the first to publicize the concept of Metaverse but in the first place, Metaverse was already starting. Almost all the infrastructure is ready for the advancement of the Metaverse, we have high-tech Internet Speed Connections, Smart glasses or VR glasses were already introduced and the rapid growth of AI technology development had increased exponentially. Game developers are already starting Metaverse way back in which we haven’t noticed it. Those games with Open World genres on both Online Games and Offline games, examples of this were Skyrim, Civilization, Sims, Roblox, Minecraft, Zelda BOTW, and more.
Given that Meta™ introduces Metaverse to the whole world. It was then the whole Crypto-Space was shaken by the rapid increase in bullish trends of the Metaverse Cryptocurrencies.
Now, for the role of cryptocurrencies in this Metaverse, most likely it will start in NFT games since the genre of the open-world game in video games was well developed making the evolution of Metaverse possible. Cryptocurrency has these digital assets that are inside the blockchain controlled by smart contracts.
Not just cryptocurrencies, tech giants like Amazon, Meta, Microsoft, and Nvidia are also taking advantage of the Metaverse. They are preparing to revolutionize how people do to integrate Metaverse in their daily life from every aspect (Education, Healthcare, Economy and etc…). An example of this would be a meeting or in school, where students and offices conduct their meeting inside the Metaverse.
IMPORTANT! PLEASE NOTE THAT ALL OF THE CONTENT IN THESE POST ARE PURELY MY OWN RESEARCH THRU THE HELP OF THE RESOURCES I HAVE GATHERED. DO YOUR OWN RESEARCH AND ANY DATA THAT ARE PORTRAYED IN THE CONTENTS IS NOT FINANCIAL ADVICE.