The Metaverse is a virtual reality environment that can be accessed via the internet. It’s a 3D world where people can interact with each other, explore and communicate with others. The term “metaverse” was coined by Neal Stephenson in his 1992 novel Snow Crash. The word is derived from meta and universe, meaning “beyond the universe.”
Undoubtedly, the future of business is in the digital world. The internet has changed the way we do business, and now we are at a point where blockchain is going to change it again. The Metaverse blockchain is a public ledger that stores data in a decentralized manner.
The Metaverse blockchain provides us with an opportunity to create new businesses that can be built on top of it. These businesses will be able to use all the benefits of the blockchain without having to build their own platform from scratch.
Three reasons why Metaverse is important for businesses:
1) Immersive Experience: Metaverse provides users with an immersive experience by enabling them to explore their digital universes in 3D space and time.
2) The Use of Blockchain Technology: It is based on a decentralized platform that enables the creation of public or private virtual spaces. These spaces can be used to create, collaborate and share content with others.
3) Low Cost: Metaverse offers a low-cost alternative for businesses because it does not require any installation or maintenance costs like traditional VR systems do. This makes it ideal for companies looking for a cost-effective way to train employees without investing in expensive hardware. Furthermore, there are no licensing fees required as well, which makes it free
The future of Metaverse is a question that cannot be answered with a simple yes or no. It will depend on the development of virtual reality and augmented reality technologies.
With the advancement of VR and AR, we are going to see more people spending time in virtual worlds. The Metaverse will be a place where people can live their lives as they please, without any restrictions.
Free Tesseract Academy Course: Introduction to the Metaverse
The unique combination of themes like blockchain, AI, AR/VR and gaming in the Metaverse has caused explosive growth and interest worldwide.
With so many things going on in this space, it’s easy to get lost! This short course by The Tesseract Academy teaches you everything you need to know.
This short free course covers topics such as:
- What is the metaverse?
- Most popular metaverse projects: From Axie Infinity to Decentraland and more!
- The future of the metaverse
You can enrol for free here.
Free Event: Tokenomics, Web3.0 and the Future of the Metaverse: A Panel Discussion (7th Feb)
Join me on an online panel discussion on the future of tokenomics, web3.0 and the metaverse!
The Panelists: Dr. Stylianos Kampakis, Dr Hala Faissal and Dr Marcel Muller
In this panel discussion, we will explore the future of the web and how it is going to be powered by blockchain technology. We will also discuss tokenomics, web3.0 and their impact on the future of our digital world. We will weigh in on what 2023 will be like for Web3.0
Find out more and grab your free ticket here.
Data Science, AI, Blockchain and Tokenomics
You can work with me or the The Tesseract Academy on data science and AI:
- Reach out to us here if you are interested in data strategy or AI development
- I am also doing extensive work in the area of tokenomics, being on of the first researchers in the area. Reach out here for more info or to discuss.
- I am also mentoring students in data science, make sure to get in touch if you are interested in this service.
- Alternatively, you can book a FREE call with a data expert to discuss your business needs.