The Metaverse can be described as a new generation digital platform that has become an essential part of daily life in many ways. As many experts have noted, the boundary between “Before Metaverse and After Metaverse” will not be very clear. The Metaverse will gradually emerge over time as different products, services, and capabilities integrate and converge. We cannot yet speak of a complete and fully operational Metaverse, but advances in virtual reality (VR) and augmented reality (AR) technologies are accelerating this development.
The foundation that will strengthen the Metaverse, including the use of technology in our daily lives, is already largely in place. According to research, 76% of global consumers say that their daily lives and activities are technology-dependent.
However, there is still a lot of confusion about many concepts. Here are a few terms you should know:
Your experience in the Metaverse will depend on what you’re interested in, whether it’s immersive social experiences, games, workshops, parties, or concerts. Since the Metaverse is 3D, you’ll move inside it instead of scrolling on a screen.
The new generation of avatars are 3D representations of users and their virtual identities in the virtual world. Users create personalized avatars to interact with others and the Metaverse platform.
Traditional avatars in Web 2.0, such as those on a forum, were usually icons that represented a user and didn’t often interact or move. The new generation of avatars are interactive, meaning they can speak, move, dance, and more in the virtual world.
The ability to travel between platforms without changing virtual experiences, properties, and identities.
The continuity of an entity, allowing for the continuation of virtual life regardless of whether users are online or offline.
The idea that ownership of the Metaverse will not be controlled or managed by a single company or individual.
Non-fungible tokens (NFTs) are digital certificates of authenticity that will form the basis of digital ownership.
Cloned physical spaces in the virtual world that enhance familiarity and efficiency.
Next-generation gathering and event spaces that combine physical and virtual elements.
An umbrella term that encompasses augmented reality, virtual reality, and mixed reality.
A blockchain-based internet that will provide a seamless integration of virtual and physical life.
Decentralized Autonomous Organizations are digital organizations that operate on blockchain technology and are community-led.
A new form of travel or collaboration that uses highly sensory and photorealistic processing to make you feel like you’re in the same room as someone who could be on the other side of the physical world.
Of course, this is just the beginning, and we will continue to explore the Metaverse.