Hype or not, Metaverse could be the future of the internet: How do many make money from it?
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Dubai: With the topic of Metaverse attracting a lot of attention these past months, here’s how you can bank on this trend and make money off it. However, let’s first understand what it is and how it works.
What is Metaverse?
The Metaverse is a hypothesized imitation of the Internet that supports online 3-D virtual environments through the conventional computer, as well as simulated or enhanced reality headsets. Metaverses, in some limited form, have already been implemented in video games.
Metaverse allows people to work, shop, exercise, do business, buy land or even make art in a virtual environment, proving that the possibilities are endless.
How does Metaverse impact me?
Hypothetically, instead of following directions on your phone’s maps or GPS, imagine seeing them on a heads-up display (HUD) – a transparent display that presents data without requiring users to look away from their usual viewpoints.
And instead of holding up a phone to capture a moment at a concert or sporting event, picture a device that captures the moment without getting in the way of the live experience. This is where the Metaverse comes in. It is essentially a way to better blend the digital and physical worlds.
Various sectors like education have radically changed post-pandemic and have become more technology-intensive. Tech experts opine how the Metaverse will potentially alter these sectors further by introducing virtual reality (VR) based wearables.
These wearables will introduce the users to an alternate virtual world from their homes. Post-work routines like watching movies or social interactions with friends will have their alternatives in the virtual world without the hassles involved in the physical world.
In short, the Metaverse allows people to work, shop, exercise, do business, buy land or even make art in a virtual environment, proving that the possibilities are endless.
What’s the Metaverse? How does Metaverse impact me? Whether in virtual reality (VR), augmented reality (AR) or simply on a screen, the promise of the Metaverse is to allow a greater overlap of our digital and physical lives in wealth, socialisation, productivity, shopping and entertainment.
How was the Metaverse formed?
The early computer laid the foundation of what is now known as the Metaverse. As computers became more sophisticated and stored more complex programs they created what is now the modern digital landscape.
As computer hardware progressed they created a stand-alone ‘cyberspace’, which is simply a metaphysical space existing within the computer’s stored memory.</…….