Metaverse
7 Industries That Will Rock the Metaverse Transformation!
Virtual space has now become a new world where everyone wants to stay in. Attempts are being made in the virtual world to change the user experience. Yes, we are talking about Augmented Reality and Virtual Reality and their collective use to bring that required experience using social connections. As we all know, Facebook recently changed its name to Meta, the logo being infinity. Facebook plans to invest a lot of energy and money resources in user experiences in the virtual world. In virtual space, we can achieve things that may not exist in the real world. What is Metaverse? The fabric of the Metaverse is woven in real-time experience in the virtual world, with threads being the world wide web. The ingredients that make up the Metaverse are 3D virtual worlds and social connections. Metav...
Understanding the difference between Facebook Meta and Metaverse
Did the announcement of Facebook’s rebranding to Meta leave you confused? Have you wondered if Facebook Meta could be the same as the metaverse? Then, this is the perfect read for you! In this blog, we will thoroughly compare the journeys of Meta and the metaverse, understand their goals and gather an in-depth understanding of the metaverse meaning. Defining the comparison parameters for Meta vs metaverse Below are four questions that’ll help us recognise the similarities and differences in the working of Meta and the metaverse. What does it mean? Meta: After nearly decades, the social media platform Facebook changed its name to Meta in an attempt to assert its stand in the race to adopt the metaverse. Mark Zuckerberg’s vision for Meta is to add another dimension to socia...
Everything You Need to Know About the Web3 Ecosystem!
Your slice of the internet is entirely yours. Is that even possible? Well, that’s what Web3.0 is bringing to you. A decentralised and permissionless internet space. However, to get a clear understanding of Web 3, you will have to take a look at what Web 1 and Web 2 got for us. An Overview Of Web1 & Web2 Spanning between the mid-1980s to the early 2000s, Web1 was the dinosaur age of the internet. Many of these early web protocols, such as HTTP, SMTP and FTP, which stand for web, email and file transfer, respectively, are the foundation of the modern internet. However, this era did not support user interaction with the internet, i.e., users were passive receivers of information and couldn’t respond to what they discovered. On the other hand, Web2 enables users to create, share and...
Why is Metaverse The Subject Of Corporate Interest?
The global leader in the financial world, JP Morgan, predicts the metaverse market to be a 1 trillion yearly opportunity. Mark Zuckerberg, renamed his tech giant Facebook Meta. What is metaverse, and why are giants such as JP Morgan betting on it? Technically speaking, metaverse can be broadly seen as something at the intersection of Augmented Reality/ Virtual Reality, Web 3.0 and Blockchain. Intimidated? Don’t worry. Consider this example to get a gist of metaverse: Close your eyes and imagine a whole new world. YES! Anything that is enticing to you. Now, consider that you can amp up your personality, outfit and appearance in any way you like. Not only this, you can interact with your friends, family and even strangers in that world who have their avatars! Crazy right? Well, all thi...
Everything You Need to Know About Web 3 and the Metaverse
Does your daily social feed read as below? “VIVERSE Partners With ZombieClub to Create New Web 3.0…” “KPMG forays into the metaverse invests $30M for employee training…” “A16z Leads $6M Seed Funding Round in Blockchain Linera…” And does it leave you questioning what terms such as blockchain, metaverse, Web 3.0, cryptocurrencies, etc., actually mean? Don’t worry because we will demystify every term for you! Decoding the Web 3.0 revolution and associated technologies is crucial to understanding the metaverse, NFTs and cryptocurrencies concepts. Web 3.0 utilises decentralised protocols to address issues of data ownership and control. This means that internet providers do not have the authority to impose their will on who use...
Can Metaverse Impact the World of Education & Learning?
The latest buzz around web 3.0 and metaverse has warranted a shift in how we interact with the future internet. Metaverse and AR/VR technologies will help bridge the gap between the physical and virtual realms for users to have an immersive experience without even stepping out of their homes! The education industry has been unable to tap the underrated metaverse application. However, ed-tech companies are trying to bridge the gap and explore opportunities in this arena. Exploring these opportunities is the right step forward, keeping in mind the trends that can aid students in learning and retaining knowledge in engaging environments. Metaverse will enable students to attend classes virtually and become proficient in subjects by understanding the core concepts with striking clarity. In ...
5 NFT Marketplaces To Invest In 2022
Has the latest buzz about the virtual economy and NFT marketplaces made you curious? We got you! To begin with – What are NFT marketplaces? NFT marketplaces are online platforms where artists get a chance to list their work as digital tokens for users to buy or sell. In the next section of this blog, we will take you through 5 popular NFT marketplaces you can explore to make your first NFT purchase. NFT Marketplaces: Where to Buy An NFT? Wazir X Founded in 2018, Wazir X is an Indian cryptocurrency exchange now acquired by Binance, a crypto trading platform. With an active user base of over 7.3 million, Wazir launched its NFT marketplace dedicated to regional and traditional creators. It is also among the first platform to host an NFT exhibition and an NFT musical. If you are new to the w...
What is the Future for Gen Z in Metaverse?
Be it Gen Z, Millennials or Generation Alpha, everyone is expected to be active users on the metaverse soon. While this may sound frightening to some, a shocking 52% of young users feel more comfortable in this virtual universe than they do in the real world. To understand the difference in reception of the metaverse among Gen Z and the Millennials, we have tabulated a survey below to help throw more light. Survey of Gen Z vs Millennials: Metaverse Edition S No. Scenario Gen Z Millennials 1 Followed a virtual influencer on social media 22% 28% 2 Invested in NFT/Crypto 13% 28% 3 Bought virtual/digital goods 32% 27% 4 Played a game using a VR headset 37% 26% 5 Created an avatar in a video game 58% 37% This survey by YPulse revealed that while Gen Z is more interested in the socialising and ...
Bollywood Is Buzzing with NFTs: Here’s How!
Why is Bollywood embracing NFTs? | NFT in Metaverse The buzz around NFTs and the Metaverse has completely changed how we perceive assets and collectables. While NFTs are essentially non-fungible, meaning they cannot be touched, only owned, the chance of duplication is minimal to none. NFTs are represented on the blockchain, each having its value; hence replicating them would only decrease the asset value. So, why are Indian celebrities eager to jump on the NFT bandwagon? While monetary benefits are guaranteed while investing in crypto, the main reason is to reach a wider fanbase. Gen Z is on the Metaverse, so what better way to connect with them than through NFT collections representing famous movies? Let’s look at some famous A-listers who have created noise with their NFT collecti...
Everything You Need To Know About The Web3 Ecosystem
Your slice of the internet is entirely yours. Sounds good? Or are you concerned someone might try and steal it when you aren’t looking? In short, this is the reception the Web3 ecosystem has received since its inception. However, to understand the basics of Web3 and how it brings together the ideas of decentralised and permissionless internet, we have to go back in time and visit the internet as it was when it was born. A Trip Down Memory Lane: An Overview Of Web1 & Web2 Spanning between the mid-1980s to the early 2000s, Web1 was the dinosaur age of the internet. Many of these early web protocols, such as HTTP, SMTP and FTP, which stand for web, email and file transfer, respectively, are the foundation of the modern internet. However, this era did not support interaction with the...
Are Metaverse Schools the New Frontier?
A typical classroom scenario in a few years will be entirely different from what it is today. For example, in a class where the teacher describes various forms of forests, such as temperate or tropical, students will tour around the globe witnessing the wonders of nature. Some students could find mosses, orchids, or even ferns lovely, while others would be astounded by the majestic beauty of deciduous trees in temperate woods. This natural experience with virtual learning is what Metaverse promises the education system! Metaverse is a hypothetical world within the internet encompassing virtual reality and augmented reality technologies blending natural and virtual aspects, making a unified environment in the digital ecosystem. How Can Metaverse Enhance the Education System? With the onset ...
Meet Kyra India’s First Metaverse Influencer who’s taken the Digital World by Storm
Image Source : INSTAGRAM/KYRA View this post on Instagram A post shared by K Y R A ✨ (@kyraonig) Metaverse is a rapidly developing interactive technology that is sweeping the internet by storm. It is expected to eventually include meta-versions of the real world along with people and popular places. The abundance of potential in this sphere has thrilled brands across the world, having them jump on the Metaverse bandwagon. International brands like Disney, Nike and Hyundai have experimented with metaverse to curate highly immersive individualised 3D virtual experience. Pivoting the same trend, Top Social India, an influencer marketing firm made its debut into meta-marketing with the launch of Kyra, India’s first virtual influencer. This metaverse influencer is portrayed to be...
- 1
- 2
