WHAT IS THE METAVERSE?

“With the metaverse we are transitioning from viewing a 2D world looking at the Internet to living inside the Internet in a 3D world.” ~Dave Waters

The Metaverse is a universe encompassing all of virtual reality (VR), augmented reality (AR), and artificial intelligence. These three elements combine to make up the Metaverse, a digital space where people can interact with each other from anywhere in the world using their avatars. In this blog post, we’ll discuss how the Metaverse will impact business and how businesses can benefit from it. Read on to learn more about the future of VR and AR and how you can prepare for these trends today!

COMMON QUESTIONS ABOUT THE METAVERSE?

“The metaverse is how we will collaborate in the future. With avatars/holograms we will be able to work anywhere in the world but sit around a table as if we were all in one place.” ~Dave Waters

  • What is the Metaverse?

    The Metaverse is a term used to describe the VR, AR and mixed reality meta-reality where characters, worlds and experiences are all connected digitally. With the virtual reality market expected to grow by 2021, many businesses are asking what the Metaverse and how will Virtual Reality impact the future of business. The Metaverse is a place where you can meet anyone, see anything and do anything from virtual ski slopes to meeting with friends in virtual cafes. You'll be able to explore different locations like art galleries or even go on a first date. The digital world will feel as real as your physical one. In this article we’ll explain everything you need to know about The Metaverse and how it will impact the future of business using VR examples from Ready Player One, High Fidelity and Alice in Wonderland.

  • How is the Metaverse related to Virtual Reality?

    The Metaverse is a universe encompassing all of virtual reality (VR), augmented reality (AR), and artificial intelligence. These three elements combine to make up the Metaverse, a digital space where people can interact with each other from anywhere in the world using their avatars. In this e-course, we’ll discuss how the Metaverse will impact business and how businesses can benefit from it. Sign up to learn more about the future of VR and AR and how you can prepare for these trends today!

  • What is augmented reality, anyway?

    Virtual reality and augmented reality have been the subject of much discussion and research over the past few years, with applications in many areas of our daily lives. From gaming to education, virtual and augmented reality are making a huge impact on the way we view, experience and interact with digital content. But what is the Metaverse? The Metaverse is a shared virtual space where anyone can socialize and operate virtual representations of real-world identities, objects, and places. The Metaverse is not just another Virtual Reality world like Second Life or Red vs Blue’s Outpost 377—it’s an entire VR ecosystem that will change everything from business to medicine, education to dating. In this article, you will learn about the Metaverse through a detailed explanation of its features and some great examples of how it has already begun to impact our lives.

  • How do individuals access the Metaverse?

    Essentially, the Metaverse refers to a 3D space or an internet of virtual reality, in which people are able to create, trade, interact, explore virtual worlds/realities, and conduct business. Given that the Metaverse is a description of a virtual and augmented world, it thus can be accessed through a browser or a virtual reality headset. There are several companies which provide access to the Metaverse for various purposes. Therefore, it is important to select the metaverse platform that works best for your individual needs and or brand based on the features therein.

  • What are the uses of the Metaverse?

    The metaverse presents endless opportunities to name a few, for entertainment, education and businesses . Given the marketing, digital and virtual trends, in order to stay relevant and to thrive in a forward focused way, it is safe to predict that businesses will be better off if they are better positioned to have digital workers, virtual storefronts, and even have virtual currency in the metaverse. One of the salient advantages of establishing ground in the metaverse for a business is that the metaverse presents a plethora of opportunities for collaboration and networking for your business. Further, the metaverse provides new and ample opportunities for marketing and advertising for a brand, which makes it an effective strategy for growing your brand. When looking to set ground for your brand in the metaverse,

“Given the complementary strengths of the physical and online channels, a hybrid structure is beginning to emerge as the new face of retail.” ~Sandip Chhettri

THE METAVERSE FOR BUSINESS

Creatives And Careers In The Metaverse

Many entrepreneurs and companies are pioneering amazing technologies that offer the metaverse a diversity of tools and applications that are revolutionizing the space for use by consumers well outside the gaming arena. Read about one company that specializes in synthetic data technologies that enables more capable and ethical AI utility in this space and beyond.

Avatar Creation For The Metaverse

AR/VR/XR


"Synthetic Data and the Metaverse"

Read about how one company is building the future of artificial intelligence applications, expanding the computer vision, advancing machine learning

WHY THE METAVERSE IS THE FUTURE OF BUSINESS

“The metaverse is here, and it’s not only transforming how we see the world but how we participate in it – from the factory floor to the meeting room.” ~Satya Nadella, Microsoft

The digital world is growing at an exponential rate and the impact of VR will see this accelerate even further. Businesses need to understand how the Metaverse, virtual reality and its impact on the future of business will change the way we work, shop and communicate. The Metaverse is a collaborative and connected virtual reality where users can create, share, and experience content in virtual spaces. The Metaverse is also known as cyberspace or the fifth dimension. It’s a place where digital representations of people, places and objects coexist. It’s a decentralised world with user-generated content that has implications for many industries such as healthcare, media, manufacturing, advertising and retail to name but a few.

A guide for selecting an appropriate Metaverse platform for your personal, investment, venture and business needs.

Metaverse platform options include Megaverus (TBA), Decentraland, The Sandbox, Stageverse, Roblox, Sansar, Somnium Space .

  • EDUCATORS

    1: Who is your target audience? 2: Is the platform a good fit for your audience? 3: Is the platform built for a more tech-savvy target audience? 4: Is the platform customizable? 5: How affordable is the platform? 6: Are there multiple host options for similar events? 7: Is the process of designing avatars easy and fun? 8: Are basic gaming skills needed to enter the metaverse? 9: Does the platform come with multiple chatrooms? 10: How strong is the platform’s in-game communication?

  • ENTREPRENEURS

    11: Is the platform easily navigable? 13: Are the platform’s screen-sharing and live-streaming capabilities limited? 14: Does the metaverse contain myriad varieties of content? 15: Does the platform offer both short and long-term team building activities? 16: Does the metaverse platform provide ample peer-to-peer communication options? 17: Does the platform have event-hosting capabilities? 18: Is the platform’s interface intuitive?

  • ENTERTAINERS

    19: Are there other means of accessing the metaverse other than through the VR? 20: Are extra hardware such as HoloLens2 and VR headsets needed to navigate the platform? 21: Does the platform require powerful internet connections and new/updated computers and browsers? 22: Are crypto wallets mandatory for the platform? 23: Does the platform have features such as TVs, whitepapers, and games? 24: Check whether it is possible to access the metaverse platform through a mobile device.

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“The metaverse is coming. Metaverse is not only a place to game. Future worlds will be photorealistic, obey the laws of physics and be inhabited by human avatars and AI beings. We will create a future in these metaverses before actually downloading the blueprints to be fab’ed in the physical world.” ~Jensen Huang, Nvidia CEO.

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METAVERSE FOR ENTERTAINMENT, BUSINESS AND EDUCATION

“We’re going to have our digital twins, and it’s going to enable a lot of fun and a lot of efficiencies” ~Cathie Wood