What is Metaverse -
Metaverse is a concept of a continuous, online, 3D universe that connects many different virtual spaces. You can think of it as a future repetition of the internet. MetaWorks will allow users to work, meet, play games, and socialize together in these 3D spaces.
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Metavars do not fully exist, but some platforms contain elements such as metavars. Video games currently offer the closest metaphors experience on offer. Developers have pushed the boundaries of a game through hosting in-game events and creating a virtual economy.
Although not required, cryptoaccounts can be very suitable for metavars. They allow to create a digital economy with a variety of utility tokens and virtual collectibles (NFTs). The use of crypto wallets like Trust Wallet and Metamask will also benefit MetaWorks. Also, blockchain technology can provide a transparent and reliable governance system.
Apps like Blockchain, Metaware already exist and provide livable income to people. Axie Infinity is a game that many users play to support their income. SecondLive and Decentland Blockchain are other examples of successful integration of world and virtual reality apps.
What is the future of Metaverse?
Facebook is one of the fastest voices to build integrated metaphors. This is particularly interesting for crypto-driven metavars due to Facebook's right-stable money project. Jacques Rackberg has explicitly mentioned his plans to use a "metavars project" to support remote work and improve financial opportunities for people in developing countries.
TR3NDING: U.S. senators have written a letter to Meta CEO Mark Zuckerberg, urging the company to be more proactive in removing crypto scams.
— The Metaverse (@themetav3rse) September 10, 2022
Facebook's ownership of social media, communications and crypto platforms is a good beginning to bring all these worlds together. Other large tech companies including Microsoft, Apple and Google are also targeting the creation of metaphors.
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