5 Ways You Can Grow In the Metaverse
With celebrities hosting events and major brands taking part in the Metaverse, you may stop to ask yourself: what can YOU do in virtual reality? New technologies mean newer ways for us to interact with each another. The Metaverse is a fast-growing platform in the tech world; Bloomberg reported in 2021 that the Metaverse could potentially unlock an $800 market opportunity .?
On October 8th, 2021, Facebook announced that it was changing to Meta . Corporations changing their brand name is unheard of and is only done when a significant shift occurs. The evolution gave a pathway to the next generation of the internet, Web 3.0 , which governs decentralization.
Timoni West, vice president for AR and VR departments at Unity Software, shared , “The internet was represented as an ’information superhighway in the 90s. Still, the term was a just a placeholder till new technology reached the point of diminishing present-day limitations” and, “As it develops, the Metaverse will be equivalent to the real world and be much more distributed, democratic, fluid, and varied.” Here’s how we see this: all the more reason to start building your future in the Metaverse!
Now, onwards to the fun part: there are so many activities that you can do in the Metaverse. If you’re a gamer, you’re in luck! Several major companies such as Roblox , Fortnite , and Epic Games have already hosted events in their universes.
Now that we’ve got you excited, here are five ways you grow in the Metaverse:?
Purchasing virtual land is one thing, but to build something magical on it, you may need to get your creative juices running. You can create the most breathtaking architecture in the Metaverse. The Metaverse is your playground; go nuts! You can make a land of architectural beauty in this cyberspace, a virtual reality that has no boundaries. Cyberscrilla has helpful information on how to build in the Metaverse and what is the ideal platform based on your preference - check it out here !?
Here’s an example of what you can expect.?
2. Make money gaming
So, do you think you’ve experienced what the gaming industry has to offer? Well, we have some news for you. The Metaverse gives you the ultimate immersive gaming experience where you can play to earn. This means you can earn or buy in-game items and later trade them off on different platforms- since you own the rights to those assets. This is the next generation of gaming. Some Metaverse platforms offer built-in tools where you can build your world and not just experience it passively. A few key pioneers in this development would be Nvidia , Microsoft , Apple , and Niantic , who have drastically impacted the Metaverse. They will be at the forefront of this trend and will define how everything unfolds. Their concentration is on creating new technologies and features which will allow user interaction to be more efficient and effective.?
Have a look at what’s to come in the Metaverse gaming universe:?
Here’s another example of what the endless possibilities are; looks pretty cool, right??
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The future of gaming is here!?
3. Buying real estate
Who knew there would be a time when you could buy land that physically doesn't exist? Cue the Metaverse, introducing a tremendous opportunity for individuals to buy and sell property, offering them an almost transcendental space of their own. Futurists describe Metaverse properties as the future of real estate. One thing’s for sure; you’ll be able to tap into a completely new age of marketing and advertising.
Keep in mind that the dynamics of this system will work similarly as they do in real life. For example, land near an area in a desirable location will come with a higher price tag. Here’s something crazy, a user paid $450,000 to be Snoop Dogg’s neighbour in the Metaverse. We guess he’s a hardcore fan of Snoop. Read more about purchasing, selling, and profiting from real estate in the Metaverse here .?
4. Socializing is the most important thing?
Imagine meeting people as the person you’ve always wanted to dress like, talk like, look like. Cool thought, right? Well, in the Metaverse, it’s possible! Thanks to the Metaverse, you can transform yourself like never before, given the endless opportunities and tools to become whomever you want.?
Every decade improves the quality of life, and due to inevitable technological advancements socializing will radically shift how people communicate with one another, and geographical distances won’t matter anymore. They will comfortably intermingle with each other, spend time doing fun activities such as gaming, attending events, and holding the most luxurious dinners, where anyone can be the life of the party!?
5. Working, ideal place for businesses?
The job market has experienced immense changes due to the pandemic, and we witnessed the dramatic shift from on-site jobs to hybrid or work-from-home models promoting a new culture in the workplace. However, one of this culture's setbacks is the discomfort with employee engagement because everyone is geographically dispersed. Well, all hail Metaverse! It brings back the immersive and collaborative environment. This helps because employees get to choose where they work, how they work, and with whom they work.?
Corporations such as Hyundai and Siemens have already ditched the old school hiring practices and opted for the interactive, virtual-reality-based experience instead. Metaverse allows you to build a 3D model of virtually anything. You may replicate specifications via digital twin technology, enabling smarter problem-solving in industries like construction, architecture, healthcare, life sciences, etc.?
What next
To top it all off, the Metaverse IS the future because it provides innovation to social connections and all aspects of life. It allows us to build the best possible lifestyle for ourselves. Why would you want to deny yourself a better future? You wouldn’t. Like humans, a fairly advanced species, we have to adopt new technologies, just like we’ve become accustomed to other inventions such as automobiles, robotics, artificial intelligence, and software to work efficiently. So why not grow with the changes, where you can experience the ultimate potential of the human mind??
Gain informative insights and flourish in your workplace with Parsec Institute . We offer 5-day programs on Robotics, Metaverse, AI, and Web 3.0, where we help you become an innovative leader in your work and personal life. You can follow us on Twitter and Linkedin to get the latest updates in the tech world. To learn more about the future of the Metaverse, please join us at the program!?