It’s hard to overstate how much the Metaverse has changed since we last talked about it in this space. It’s been turned on its head. The new Metaverse is happening now and it’s affecting everything around you in ways you’d never expect. But before we can talk about where things are headed, let’s take a look at some of what has already happened.
The Metaverse is expanding faster than ever before as more people become involved with reality-altering technology like VR and AR.
In 2019 alone, there were more than 30 million new users of these technologies worldwide. A record number that far exceeds previous years’ figures (and these numbers don’t even include China).
What is the Metaverse?
The metaverse is the collective term for all virtual worlds. This includes games like Second Life, World of Warcraft, and Minecraft. Platforms like Facebook and Twitter allow users to create a digital presence and even fictional worlds such as those found in video games or movies.
The metaverse is called the “metaverse” because it sits above other worlds, it’s bigger than them, more expansive than them, and able to encompass them all within its vastness. It encompasses some physical spaces too, augmented reality (AR) apps such as Pokémon Go are part of what makes up the metaverse too.
How Big Is the Metaverse?
The Metaverse is, simply put, a shared, persistent, and interconnected virtual world that can be accessed by many people from different locations. In other words, the Metaverse is an online space that can be seen, heard, and experienced by multiple people at the same time. The term was coined by Neal Stephenson in his 1992 novel Snow Crash.
Who Are the Players?
Daydream is a mobile VR platform with its headset, controller, and apps. At $79, it’s cheaper than any other high-end device on the market. It makes it very attractive to developers looking for a wide audience or potential customers who have never tried VR before. However, this also means that there aren’t as many optimizations as you might find on PC headsets like Oculus Rift or HTC Vive (so games will run more slowly).
Oculus Go is Facebook’s first attempt at targeting mass-market consumers with standalone wireless headsets which don’t require a computer or phone to operate (like Samsung Gear VR). It has similar specs as Daydream View but costs more ($199), and seems less likely to be adopted by developers because of Facebook’s history of being anti-competitive with its pricing policies. People just aren’t ready yet, 82% are still unsure about buying one!
When Will the Metaverse Arrive?
The Metaverse is the next big thing in the gaming industry and it’s going to be a huge deal. It’s not just a word being thrown around by tech dweebs and investors anymore, it’s here.
It has been here for years, actually, but we’re just now starting to see its potential realized.
The Metaverse (or “Web 3”) is an emerging space that will allow users from all over the world to interact with one another through virtual reality and augmented reality experiences. The point of this article is not only to discuss how these technologies can help your game business. However, also to provide some foresight into what you should expect as this new space takes shape around us over the coming months and years.
Why Do We Care About It at All?
The Metaverse can be a lot of things. It’s a way to interact with the world in a more immersive and exciting way. It’s an interconnected platform for multiple games and experiences. It’s another word for Second Life. But why do we care about it at all?
The first reason is that, like any technology, the Metaverse will develop rapidly over time and become more sophisticated as we use it. One day soon, we’ll be able to call someone up on our phones and see them on our screens as if they were standing next to us and they’ll respond in real-time no matter where they are.
The second reason is that the Metaverse will provide us with new opportunities to connect with people around the world who share similar interests or beliefs. This means that you might be able to play chess against someone who lives halfway across your country or even halfway across the world!
Where Does This Metaverse Go From Here?
As you can see, the Metaverse is still in its early stages. Things are changing quickly and technology is advancing at a breakneck pace. There are still steep challenges to be overcome before we get to the point where blockchain-based games make up the majority of our gaming community, but there’s no denying that these platforms hold incredible promise for both developers and gamers alike.
It’s hard not to be excited about what this new space may bring, especially if you’re someone who loves gaming as much as we do. If you’ve ever dreamed about playing games with friends from around the world or getting lost in a world where everything is possible. Well then good news, The Metaverse isn’t some far-off fantasy anymore, it’s here. And it keeps getting better every day.
Blockchain Has Greatly Impacted Gaming
Blockchain has greatly impacted gaming and it will continue to reshape our ideas of video games. Blockchain technology has enabled new types of games to be created, new business models, and new ways to interact with games.
Blockchain can be used to create decentralized marketplaces for virtual assets in the crypto space. The transaction with the cryptos generally takes place using a cryptocurrency exchange. There are numerous crypto exchanges like OKX that help to carry out these transactions.
In the games markets, users can buy or sell collectible items like skins or game characters from other players using cryptocurrencies.
For example, CryptoKitties is an Ethereum-based game where players can buy and sell unique cats that have different attributes based on their genes. The blockchain allows you to prove ownership of virtual assets through smart contracts which are automatically executed once conditions are met.
The metaverse hasn’t exactly arrived yet. However, it is easy to see how blockchain has greatly impacted gaming and it will continue to reshape our ideas of video games. As a result, the rise of the metaverse will bring about a new era of gaming, and blockchain will be a part of that.
This article has provided an overview of ways in which you can begin working with blockchain technologies for your game or other applications today. We hope this guide was helpful.