The Future of Metaverse

Consider people in the 1970s and 1980s, when they had gotten accustomed to and institutionalized old practices, while a new sort of networking and computers were emerging. Many regarded it as a trend bubble, while others saw it as a technological breakthrough. A lot has happened in the past, we witnessed how the internet expanded and encircled our lives, we started communicating on an online note, and computers became so powerful that we can now see in the huge cosmos. With all that development, here we are now, with technology poised to make its greatest leap yet, but what will this transformation bring? What will be Metaverse?

The metaverse is undeniably the "future internet," but nobody knows exactly how it will appear after society has thoroughly embraced it. Will it be like scenarios from the 2018 film "Ready Player One" or The Matrix? Only time will tell, but for now, we have a peek at its core idea, and this is what we have learned thus far:

The metaverse represents a significant change in how humans engage with technology. As we go closer to the virtual realm, in particular, A rate at which our virtual and actual worlds merge into a beautiful and unrestricted amalgamation. The metaverse is currently described as an open digitally augmented simulated place where users may explore, enjoy, and engage; made possible by technologies such as virtual reality (VR), augmented reality (AR), and artificial intelligence (AI).

With the aid of DLT, the metaverse will be accessible to everybody and will not be possessed or controlled by a single organization. Metaverse will also have its own economy based on Tokenomics, which will be built on non-fungible tokens (NFTs) and cryptocurrencies.

Metaverse and Web3.0 will be the future of the internet. The metaverse's destiny is intrinsically related to the development of contemporary society. Businesses and brands will undoubtedly attempt to employ the metaverse to dominate both the physical and the digital worlds. The confluence of today's technology that facilitates the metaverse would continue to expand, as well metaverse's potential.

Penned by ?? Hamza Nizamuddin