It may seem like a big invention, but what is it, and how can it change our lives? A woman wears augmented reality glasses in a dark room with white dotted lights in the background; experts and analysts say that the second major invention by technology companies will be Metaverse, which is still a matter of debate. The concept attracts the attention and resources of technology giants such as Mark Zuckerberg of Facebook and Tim Sweeney of Epic Games.
What is Metaverse
Some people think that Metaverse is the future of the Internet, while for the general public, it may just be a better version of virtual reality. It is seen as a virtual reality, and the idea is that it can make as much difference as the low-end mobile phones of the 1980s and today’s smartphones.
After this new invention, instead of using a computer, you will have to use a headset to go into the virtual world of Metaverse, and this will allow you to stay in touch with all digital environments. Unlike virtual reality, which is currently used for most gaming, the virtual world can be practically used for anything like work, games, concerts, cinema, and gossiping outside.
Most people think you will be able to get a 3D avatar that will represent you, that is, how you want to use it. Since this is just a concept, no definitive definition of meteors has been agreed upon.
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How did it suddenly become such a big thing? The digital world and augmented reality are discussed every few years. But after that, it usually ends without any result. But wealthy investors and big technology companies are excited about Metaverse, and no one wants to be left behind if it becomes the future of the Internet. Also, the realization that technology has almost reached there for the first time. Virtual reality gaming and connectivity are probably getting to where it is needed.
Why does it include Facebook?
Facebook has made the development of Metaverse one of its top priorities. It has invested heavily in virtual reality with its Oculus headsets, and some analysts believe it has made it so cheap compared to its competitors that it may even be at a loss. The company is also developing virtual reality apps for workplaces and social interactions, including apps that interact with the real world.
A red-haired woman wears the Oculus Quest 2 headset in white, holding two controllers. But Facebook, a company that has bought off several rivals in the past, claims that Metaverse “will not be built overnight by a single company.” It has also promised to cooperate with other companies. Facebook recently provided 50 million in funding to nonprofit groups to contribute to ‘responsibly preparing metaverse.’ But the company estimates that Metaverse will take another 10 to 15 years to become a reality.
Who else is interested in Metaverse
Mr. Sweeney, head of Apex Games, the popular video game Fort Knight maker, has long talked about his ambitions for Metaverse. Online multiplayer games have been providing players with the opportunity to play in a shared world for decades. These are not meteors, but some of the concepts in them are similar.
Fort Knight has expanded its product line recently and hosted concerts, brand events, and more in its digital world. The possibilities that emerged from it impressed many, and Sweeney’s vision of meteors became popular. In addition, other games are coming closer to the concept of Metaverse. Roblox, for example, is a platform that allows thousands of individual games to connect to a larger ecosystem.
In the meantime, Unity is investing in a digital development platform called ‘Digital Twins,’ which will be digital copies of the real world. On the other hand, the famous graphics card maker Envidia is building its ‘Omni Versus,’ a platform to connect virtual, 3D worlds.
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So is it just about games?
Although there are many theories about what would happen to Metaverse, most are based on human relationships. Facebook, for example, is experimenting with virtual reality meetings through its workplace app and social platforms called Horizons. Both use their virtual avatar systems.
Virtual avatars at a meeting in Facebook Workplace. Another app, VR Chat, focuses on online meetings and chats, and its purpose is nothing more than to experience different environments and meet people. There may be other apps we don’t know about yet. Sweeney recently told the Washington Post that he envisions a world where you (in virtual reality) can see for yourself a new model of a car company. When shopping online, you can try digital clothes and order them when satisfied.
Does it have the technology?
Virtual reality has grown exponentially in recent years, and high-end headsets can deceive the human eye into 3D viewing. In addition, it is taking its place in ordinary lives. The Oculus Quest 2 VR headset used for gaming was a popular Christmas gift in 2020. The growing interest in non-flammable tokens (NFTs), a reliable way to determine the ownership of digital assets, also hints at how the virtual economy will work.
And the more developed digital world will need a more reliable mobile Internet that could be made possible with the advent of Five G. Everything is in its infancy. The evolution of Metaverse (if any) will continue to cause competition between major technology companies for the next decade or so.