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Metaverse Trends That You Shouldn't Miss👀
Metaverses are coming this Crypto Winter🤩😁 What's next?
This week’s crypto snack is here! Served hot ‘n’ fresh to get that dopamine flowin this Sunday
While the capital city in India is covered in the blanket of pollution, The Indian 🇮🇳 web3 ecosystem is preparing for a month long Crypto fest in the startup hub of India - Namma Bengaluru. So What’s in store?
Polygon’s Web3: Made in India Tour (Across 7 🇮🇳 cities)
Polygon Connect - Claim your ticket here🏃♂️
SuperWomenDAO Hacker House
And that’s just the beginning, stay tuned to know about more such events to get a chance to interact with folks int the web3 ecosystem and BUIDL!
Metaverse is becoming mainstream 🤩
👉Metaverses have seen an increased adoption with several novel use cases coming out this year. Such increased awareness offers more to all end users than previously thought, and the current metaverse trends reflect just that.
👉Individuals, startups, brands, and corporations alike that have found potential in these virtual world applications have fueled the growth of metaverses, despite the crypto winter.
👉With the metaverse market predicted to add $5 trillion to the value of the global economy by 2030, there’s everything to play for, and 2023 is likely to be a key year for defining the direction it will take.
But, what the heck is Metaverse?
Something that was launched by Facebook to rebrand themselves as Meta? Just an online 3D world with games? NO, it’s much more than that
You ask it and we have it, checkout everything and anything on metaverse here
Web3 FOMO? Not sure where to start? Subscribe for freshly brewed web3 content right into your inbox🤩
🚀The rise of NFT & Crypto Projects
The 2021 NFT boom signaled the potential of crypto tokens to the general public, and metaverses, have a plethora of immersive use cases of NFTs.
NFTs infact are the bridge to the metaverse, and facilitate identity, community and social experiences in the metaverse
NFT assets can signal a user’s support of a project or convey perspectives about the virtual and real world. This allows like-minded individuals holding such NFTs to band into communities that share experiences and create content together.
One example of such NFTs are the trending NFT avatars, NFT ticketed concerts etc
☄️Events - the new metaverse use cases
Gone are the days when metaverse development platforms were solely used for gaming. Metaverse Events have become the go to use case that will be useful to digitally garner unimaginable crowds from around the world without any constraints. Concerts, parties, meetings, and even weddings have been held on metaverses.
🚀Metaverse Games are here to stay
With such diverse use cases, one could forget the good ‘ol gaming. But, the metaverse gaming space isn’t going to fade anytime soon. With new platforms springing up every now and then and the the advancement of extended reality devices(AR/VR) is a primary reason for their growth.
Some Metaverse games to immerse yourself into this year
☄️Fashion ft. Metaverse
Games have been seen as the primary use cases, E-commerce and retial fashion is following the the suit🐾
Digital fashion in the form of NFTs, are starting to gain traction with major brands and high-end fashion designers by debuting their NFT collections in the Metaverse😁
Fashion NFTs can be tokenized outfits, accessories, textiles and other wearables that have been created to exist in virtual worlds🤙
Or could be digital assets linked to physical collections giving the people purchsing the collection access to loyalty clubs and gated communities of the designers.😍
🚀The Corporate Metaverse
An alluring metaverse trend in recent times - virtual environments for workspaces, are being adopted by many companies, especially the ones working remotely👌
Microsoft has developed an extended version of Teams, called Mesh that aims to make collaboration in the metaverse personal and fun.🤘🥳
These applications provide employees and employers with numerous benefits and increased productivity due to increased collaboration🤝
Metaverse Avatars are the embodiment of Metaverse users!
Education meets Metaverse 📳📚
With the onset of different online learning platforms, it was a refreshing disruption in the country’s education sector which has been crying out for reforms for a long time. The excitement, however, did not last long😑😑
However, with newer technologies fast emerging, education is set for another overhaul. And how can we miss Web3 which is ubiquitous!
Web3 has the potential to reduce the costs of education, making it more accessible to students from all backgrounds. With the integration of AR/VR and metaverse tools with education, learning is a far more enriching experience
Unlike the one-size-fits-all approach, Web3 is all about personalised and curated experiences.
However, it’s NOT all roses
Web3 is still a wild west for Edtech since infrastructure is still not stable, but we keeps our hopes high😏😏
Who knows, there will be a day in say 2035 where students attend classes through metaverse. The teacher can punish them by sending them to other worlds😂
☄️Next-generation of social experiences
Metaverse is redefining the existing social experiences, and NFTs play a crucial role. With unique NFT avatars, users can prove their identity among various avatars available in the virtual space.
Brands can use their NFT avatars to interact with targeted audiences, discuss the perspectives of their projects with like-minded people, and thus solve many problems.
Owing to the NFT avatars, social media users can meet the avatar of their connection or social media friend rather than having a text-based chat or video call. 😇
🚀Property Ownership: Virtual Real Estate
📌With NFTs, users can have full ownership of their virtual lands and spaces in the metaverse.
📌Blockchain based tech enables users to prove ownership of the asset and develop their virtual real estate as they wish.
📌You can do a lot from reselling land, renting land for passive income, building structures like online shops on the existing land, to even hosting social events.
Need say more?🤭
Metaverse is currently in its early stage, and its horizon is constantly expanding with big corporations investing in this technology and launching various feasible use cases.
Everyday, a new Metaverse projects are being launched with distinctive attributes. It signifies the coming version of the Metaverse, which will be much more advanced and functional than the metaverse we explore today.
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