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The metaverse is something that has been on the lips of almost everyone for a while now. With the introduction of Web3, which has brought about cryptocurrency, NFTs, DeFi and so on, we are slowly seeing the inception of the metaverse. Although it is not entirely here, the world is opening more to it. How will the metaverse change things in the world? Today, we are looking at five ways the metaverse will change the future.
What Is The Metaverse?
According to Wikipedia, the metaverse is a hypothetical iteration of the Internet as a single, universal and immersive virtual world facilitated by using virtual reality (VR) and augmented reality (AR) headsets. In colloquial use, a metaverse is a network of 3D virtual worlds focused on social connection.
Although it may seem so, the metaverse is not a new concept. The first time it was brought up was back in 1992 by Neal Stephenson. It originated from Snow Crash, his science fiction novel, as a combination of “meta” and “universe”.
“Meta” is actually a Greek word for “Beyond” or “Next’. So I guess we could say the metaverse is the next version of the universe.
We will enter the metaverse as individualized avatars and interact with other avatars in this digital universe.
So, how will the metaverse change the world?
Read Also: HOW TO GET A JOB IN THE METAVERSE AND WEB3
5 Ways The Metaverse Will Change The Future
1. A New Reality:
The metaverse is basically us interacting in the world but in 3D. The metaverse shapes a new reality with virtual reality (VR) and augmented reality (AR) headsets.
The metaverse brings about many changes and a new way to do things just from the comfort of your home.
2. You Can Be Whoever You Want To Be:
As earlier mentioned, in this digital universe, we will enter as individualized avatars and interact with other avatars.
You can create your metaverse avatars however you like, allowing you to freely express yourself.
Think of it like creating a game character, but this character is who you are in the metaverse. With your avatar, you interact with other people who have also made their unique avatars.
3. A Change To The Real Estate Industry:
As mentioned earlier, with the metaverse, there will be a lot of new ways to do things right from the comfort of your home.
In the metaverse, real estate also has an advantage. You can sell, buy, and rent properties and lands in the metaverse.
These properties are not being sold for fake money. They actually cost quite a lot and serve as good investments.
According to Cnet.com, In June, a metaverse investment firm called Republic Realm spent $913,000 on a parcel in Decentraland, another metaverse. It was the largest deal of its kind at the time. About six months later, the same firm bought 792 plots in Sandbox, another metaverse, from video game company Atari for an eye-watering $4.23 million.
4. Entertainment In a New Way:
What if I told you that you could attend concerts, art galleries, museums, parties and even play games in the metaverse? Crazy, right? But it is true!
I told you, the metaverse is like the real world we know but in 3D. It brings about a new way to entertain ourselves.
With Metaverse play-to-earn games, you can play games and earn tokens.
5. A New Era of Online Shopping:
You thought shopping on the Internet was fantastic and convenient? The metaverse got you. In the metaverse, you can conveniently shop from your favourite stores online. Using your avatar, you will be able to try on outfits and even have them delivered to your actual address offline so you can try them on immediately.
This doesn’t apply to clothes alone; you can try anything from clothes to home decor.
You can have a preview of how it is going to look before you buy them and have them shipped to your address.
The world is not as we knew it decades ago, the times are changing, and we welcome a new era.
The metaverse has brought us a new reality in which you can do various things, right from the comfort of your home, with just a VR headset and an internet connection.
We are looking forward to the new future with the metaverse.