How does Metaverse work in the upcoming era?

A virtual world parallel to the real world has corresponding rules. In the meta-universe users discover and create their own world, and this creation generates value. And if the "world" created by users is built in the Internet world, who does this world created by end users belong to? That must still belong to the Internet platform and enterprise, and if the basic requirement of "mine is mine" is to be realized, blockchain technology must be used to confirm the value created in the metaverse. How does Metaverse work?

The enthusiasm of the meta-universe concept is inseparable from the influx of capital and the hype about it, and the behavior of capital is inevitably suspected of staking a horse. For some Internet companies, the enthusiasm for Metaverse is to get rid of the current development dilemma and try to occupy the next frontier of Internet development.

Take Facebook as an example. Facebook is currently facing two major dilemmas. First, on the traditional business line, the increase in users has basically peaked, and the increase in user dividends on the Internet has basically been divided up. The second is that more and more young people are abandoning Facebook. Facebook focuses on social networking services, but in recent years, more and more social media applications have launched social networking services, such as TikTok, Instagram, etc. If Facebook cannot be upgraded to a business form that young users like, then it will be abandoned by users sooner or later .

Some people has faith on is Metaverse the next internet. For example, the results of mental labor in the meta-universe will eventually be presented in digital form. If everyone’s labor results can be copied at will and cannot be distinguished, who is the first to complete the actual work? , Then the work in the meta-universe has no meaning.

And if the labor results need to be confirmed and capitalized, this number must be made scarce (as the only proof of labor), disposable (people can freely control the results of their labor), and independent economic value (make labor The results are linked to reality or other economic foundations in the meta-universe such as digital currency).

From a legal perspective, with the development of Metaverse and its gradual maturity, a series of issues such as platform monopoly, tax collection, regulatory review, and data security will also arise. Think ahead of time how to prevent and solve the problems caused by Metaverse. Legal issues have become an indispensable link. In this regard, legislative work in the field of digital technology should be strengthened, follow up in time in data, algorithms, transactions, etc., and study the related legal systems of Metaverse.

How does Metaverse work? To be sure, under the joint promotion of technological evolution and human needs, the realization of the meta-universe scene and the maturity of the meta-universe industry are only a matter of time. As an extension and expansion of the real world, the tremendous opportunities and revolutionary effects brought by the metaverse are worth looking forward to, but because of this, we need to rationally look at the current metaverse boom and promote the healthy development of the metaverse industry.