A Guide to the Metaverse

Metaverse

What is the Metaverse?

The Metaverse is a virtual-reality platform in which users interact in real-time with a computer-generated environment and its components for the purpose of business, pleasure, and everything in between. Whether users engage with the platform using a VR Headset for a true immersive experience, or just log on using their web browser, this platform is gearing up to redefine the word “internet”.  

The current internet allows users to log on and connect to a vast universe to socialize, work, and learn. The Metaverse will hold the ability for users to “physically” step into that universe and interact with its elements in real-time, bringing a whole new description to the word connection.

What can I do in the Metaverse?

Users create avatars for the space, allowing complete freedom for people to express themselves in any way they please. Users are able to trade and purchase items, which is correlated with the dramatic rise in popularity of Cryptocurrency and NFT’s. E-Commerce will see an incredible rise in business and popularity as society moves into digital operations. Below are some exciting opportunities and advantages of the Metaverse.

  • Collaborate with colleagues to design and create new products and concepts
  • Express yourself using customized avatars
  • Purchase and trade products and real estate
  • Create and develop VR experiences including games, videos, and socializing spaces
  • Socialize and connect with potential clients
  • Attend concerts, trade shows, and educational events

Meta Avatars

Who’s using the Metaverse?

Mogul companies including Meta (formerly Facebook), Microsoft, and HTC have all claimed their stake of the Metaverse and have each brought their own unique features to the space. Video Games including Second Life, Roblox, and Fortnite have also incorporated the Metaverse into their operations. 

The flexible platform is proposed to change the course of business and social practice as the globe adjusts to hybrid function post-covid. Benefits of the platform include streamlining employee training, improving work productivity and business development and provides a reliable space for complex industries including manufacturing, heavy machinery, transportation, engineering, and healthcare to thrive. 

How can I get started in the Metaverse?

Contact us to find out how we can guide you on your journey into the Metaverse!