Metaverse is a great platform where all people can engage in a wide range of activities like family functions, business meetings, Learning, Shopping and more.. from your Location itself as Co-presence. It means feeling like you are physically present with others but actually from your location. The main Successor of the Internet in the 20th Century is Metaverse. Yes, it is the next generation of the Internet. By this the technology reaches the next upgradation in the IT Society. Where People can virtually telepathy from one Dimension to the next Dimension of the Human Knowledge which we can physically feel. It's a concept of shifting the web from 2.0 to 3.0 applications. While learning about the Metaverse we can learn about the deep knowledge on Artificial Intelligence, Blockchain, networks and the Human Creations through Avatars, Filters etc..
The idea about the virtual world was developed among the people by Science Fiction Films and Literature during the year 1935 - 1992. But the clear vision of mataverse was born in 1992 in the novel Snow Crash by American Writer Neal Stephenson’s, it shows the virtual world will be assessed by VR glasses. In recent years the interest on metaverse is connected with Web 3.0 to make a Safe and secured Data Transition.
Avatars are the Digital representation of ourselves that we can use to interact and touch others in the metaverse. They are the 3D representation, so that we can feel, touch which makes us truly in there. In the metaverse we can customize ourselves however we like, We can express our identity by an animated one or fully cartoon or looks realistic.
Back to metaverse, We all heard about the VR headset. And we have a question: Will metaverse kill our physical routine? It's NO, because metaverse won't disturb our daily physical activities, It just increases the experience in digital looks. Social media gets a new touch and the working and learning experience will upgrade to the next level. As we think that VR headset is a huge big glass which makes us uncomfortable. But the reality is not true, in the future the headset may be compressed into the Eye Lens itself.
Virtual Reality (VR) is a Virtually Creation Environment with multiple Scenes and objects that look real like video games. We use VR headset to experience the virtual world, the 3D display near the eye which gives the realistic feel. VR games are extremely different from Xbox and Playstation. The gears will give a most realistic feeling for touching and controlling.
Augmented Reality (AR) is a Combination of Virtual and real world. It is an overlap of Virtual Layers in Real Life. AR creates filters over the realthings, it makes an animated character or makes it a tasty food. AR can be assessed by the people through the Mobile itself.
Mixed Reality (MR) is used to merge the virtual world and real world. It is the step ahead to AR where additional Information has been added to real life, in this it will blur the line between digital things and Physical things. So that the user can experience the MR more well. It will be tough to find the real and Digital things.
Extended Reality (XR) is an intersection of Virtual Reality, Augmented Reality and Mixed Reality. Extended Reality is a more emerging Technology that has been applied in a wide range of fields like Learning, Working, Entertainment, etc… The market of XR will increase eight times what it is today. It will change the world to the next level of the Tech world.
Business Opportunity in Metaverse
Metaverse offers more individuals and Groups to make money from it. These are some ways to make money through the metaverse.
- We can make money by Hosting an event in metaverse for selling tickets, real estate and more.
- By advertising digital products we can get more audience in the metaverse to sell our digital and physical Products and also can make an Affiliate marketing.
- The best grooming opportunity is to sell our digital assets like Cryptocurrency and NFTs (Non-Fungible Tokens) through metaverse using Blockchain. We buy, sell and also trade in the metaverse.
- The major one is meta developers, the Blockchain Developers, AI Developers, Game Engine Developers and the Avatar Designers are more benefited in metaverse.
How is Blockchain used in Metaverse?
Blockchain plays a vital role in Metaverse. This Technology is used to create a decentralized network of Virtual world. People can buy and sell their virtual land through this. Blockchain technology provides a secure platform for transactions in the metaverse. The un-hackability of blockchain are critical properties of virtual reality technology. It provides a decentralized database to run the metaverse correctly. Blockchain technology is used to create metaverse coins, tokens, and wallets. These digital assets are used to purchase and sell virtual assets in the metaverse. Cryptocurrency can offer money locally to the metaverse, allowing for quick transactions between individuals without intermediaries. And blockchain technology is expected to play an increasingly important role in shaping its future.
How is Artificial Intelligence used in Metaverse?
Artificial Intelligence is the Fundamental Technology in the metaverse. By using AI the computer in the metaverse makes an own decision based on the situations. It is used as a Chatbot or an AI avatar to interact with users. It is used to detect the scam in Data. AI is used to predict the Body condition of the users while they are in metaverse. It allows users to interact with Strangers in their own language and make them user friendly.
In Future Metaverse will make a great impact on the Humans. Because big companies like Microsoft, Google, Meta, Amazon have invested a Billion Dollars in it. To know about metaverse more, enroll the course ‘What is Metaverse’ in Coursera which was offered by Meta. By learning from there you can cover overall concept about metaverse Theoretically.
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