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"Metaverse" a parallel universe leading to a virtual world

Dec 20, 2021

Imagine waking up one day, and the scene in front of you is no longer your room, but the room in your Animal Crossing house, and the scene is no longer sent to you through the computer screen, but yourself. The world you experience yourself. That world has different currency values, just like a first-level player, bring VR glasses to live in the virtual world anytime, anywhere, this is the "metaverse", and this metaverse is also closely related to the blockchain and NFT world.

What is the Metaverse?

Metaverse in English is metaverse, a word constructed from meta and universe, meta means transcendence, universe is the universe, which means beyond the real universe, overlapping and connecting the real world and the virtual world. Metaverse is not only a virtual world, but also refers to the virtual integration of technologies such as augmented reality AR or VR, Internet of Things, AI and blockchain technology, etc., allowing users to experience scenes similar to the real world, such as your You can go shopping with your friends in the Metaverse, and after checking out the clothes you like, not only will you get the clothes in the Metaverse, but the merchants may even send them to you in the real world. Or you can go to different places to play in the metaverse at any time, and that place may be a simulated city built by a netizen, or you can also be the mayor yourself and create your own ideal city, just be the mayor. There are so many things to deal with, you'll find that working in a virtual world game is a thankless task.

History of the Metaverse

The term metaverse has been around since 1992. It is a term proposed by American science fiction writer Neal Town Stephenson 's novel "Avalanche". In the novel, human beings have an incarnation in the virtual world, which can communicate with each other and the software agents created by the program, and the metaverse in the novel refers to a new type of Internet based on virtual reality.

By 2021 this year, the metaverse has also become a popular technology term, and many technology giants have begun to develop their own metaverses. For example, Facebook CEO Mark Zuckerberg announced that he would transform Facebook into a metaverse company and the executive of Nvidia. Chang Huang Renxun also announced that he would deploy the Metaverse business and launch a simulation platform based on the Metaverse. The virtual world created by the Metaverse is an unexplored blue ocean, so it is called Internet 3.0, leading mankind into the next stage of Internet development.

When movie scenes become real

There are many movies in the past that have a background similar to the metaverse. For example, Avatar and the hacker mission are to switch self-awareness to the virtual world, but the movies that best illustrate the concept belong to the first-level players. The background of the first-level players is set in 2045. , When the world's climate problems continue to worsen and the gap between the rich and the poor is widening, many people are fleeing the chaotic real world, putting on VR glasses and turning to the game "oasis" in the virtual world, where they look for entertainment, work and founders. Easter eggs hidden by people. And the concept of the metaverse brings us closer and closer to this movie scene.

The relationship between the metaverse and blockchain and NFT

Blockchain and NFT make the metaverse more utopian. In the future metaverse, virtual currency will be developed as a payment tool for food, clothing, housing, transportation, recreation and entertainment. Therefore, the blockchain that is the basis of virtual currency will be used. Widespread adoption. And the goods in the virtual world will also be bound to NFT as proof of your ownership of the goods, just like if you want to buy a house in the virtual world, you need to use cryptocurrency to pay for the house, and the house's Property rights will be bound to NFT to prove that you are the only owner of the virtual house, so the decentralized features of blockchain and NFT can make transactions in the metaverse fairer, more transparent, and more utopian.

Not only that, the cross-chain technology of blockchain can allow users to step out of different metaverses, just like you are playing Doongsen Club and suddenly want to play Super Mario, although the two use different tokens, but through cross-chain The technology can convert tokens into exchange rates, forming a network between the metaverse and the metaverse, crossing the barriers between platforms in the real world.

Metaverse to Investors in the Currency Circle

If the metaverse is constructed under the blockchain and NFT, the cryptocurrency issued by the blockchain will be needed as a payment tool. By then, the widespread use of cryptocurrency will further increase the price of the currency, but which cryptocurrency will explode What about growth? It's hard to tell, because every company that wants to develop the metaverse may also want to build their own blockchain, use their own cryptocurrency, maybe a new cryptocurrency will emerge in the future, maybe some well-known Metaverse is built on the public chain of Ethereum or Solana, but in a word Metaverse and blockchain complement each other, which will increase the frequency of cryptocurrency usage and indirectly raise the price of cryptocurrency.

Metaverse Controversy

Judging from China's recent restrictions on teenage social media time, it's true that our generation already has internet addiction. The controversial point of the Metaverse is to push the dependence of human beings on the Internet to another level. The reason why Facebook has to transform into a Metaverse company is because the frequency of users' use of Facebook is gradually decreasing, in order to regain everyone's face. The stickiness of the book brings people into this virtual space, and analyzes each user's every move in the virtual space to optimize the click-through rate of advertisements. At that time, the user's privacy is spread under the sunshine of the virtual world.

Towards the Metaverse

No matter how the development of the metaverse is good or bad, the transformation of this world from real to virtual seems unstoppable. In the past, we could only listen to our favorite music by buying an album, but now we can’t get anything if we buy an online album, only the cover and playlist. Now we may think that cryptocurrencies are just a bunch of numbers, what is the value at all, but for us in the future, it may be the only recognized currency leading to the metaverse, the virtual world is happening, the metaverse is also happening, we are Step by step into the dual universe of reality and virtuality.

This article is purely personal opinion and does not mean any investment advice. Investment must be risky, and you must make your own research and judgment before investing.