What is the Metaverse?

Hello everybody,

Today we are talking about the most popular and recent topic: the Metaverse.

Where does Metaverse begin?

It may look like an enhanced version of virtual reality (VR) - but some people think that the Metaverse may be the future of the Internet.

In fact, people believe that VR is what modern smartphones are to the first bulky phones of the 1980s.

In Metaverse, you can use headphones to enter a virtual world connected to various digital environments, instead of a computer.

Unlike VR, which is currently mainly used for games, this virtual world can be used for almost anything - work, games, concerts, movie trips - or just hanging out.

Most people imagine that when you use it, you will have a 3D avatar - your own appearance.

The concept of Metaverse originated from science fiction or pointed to the "ultimate form" of the Internet. The term Metaverse comes from Neal Stephenson's science fiction novel "Snow Crash" in 1992. It describes a world where people interact with various softwares in a three-dimensional space as virtual images.

Is the Metaverse a game?

At present, games of the Metaverse concept, especially blockchain games - due to the limitations of technology and practitioners, the rendering, game content and gameplay creation - are far behind mobile games and terminal based games; blockchain games need to be distributed. Typical storage also causes the game to respond slowly, so the experience is not good.

In fact, many games, especially RPG games, have created a virtual world with their own social scenes, upgrade modes, their own worldview, their own economic system. Some games offer the opportunity for users to create their favorite avatars, change faces, clothes, get upgrades, purchase equipment, socialize...even get married, have children, raise pets and join adventures with your brothers-in-arms. In fact, in addition to not having an open and co-constructed ecosystem, they can be regarded as a virtual world created by themselves. Therefore, many people think that game companies may be the most suitable to take the lead in creating a Metaverse world and become the entrance to the meta-universe.

Ready Player One - Directed by Steven Spielberg

What technologies does Metaverse rely on?

It is a decentralized open-source ecosystem on the chain. The application scenarios are not just entertainment, but socializing, studying, working, shopping, watching dramas, watching exhibitions, sports and even investment and financial management on the platform. Parallel digital world. In order to realize such a Metaverse, multiple forces are needed to build it together, so no giant or individual can complete this work independently. Therefore, we believe that games and VR are only the entrance to the Metaverse, but besides games and VR, there are many investment opportunities. There are many ways to classify Metaverse. Next, I will try to classify them according to the logic of investors looking for projects and explain what I think about the investment opportunities of Metaverse - the will be slightly repeated due to different classifications.

Roughly speaking, Metaverse includes several technologies, for example, chip technology, network communication technology, virtual reality technology (VR/AR/MR/XR), game technology (game engine, game code, multimedia resources), AI (Artificial intelligence) technology, blockchain technology.

Metaverse for meeting

Metaverse is both a digital universe and a parallel world. Therefore, Metaverse is based on digital technology and is inseparable from IT and CT technology.

To support the operation of the huge Metaverse, it must first have extremely powerful computing power and algorithms.

The foundation of computing power is the chip. The algorithm is software, but also long-term talent accumulation and ecological management. Everyone gathers firewood and the flames are high. Only when more talents join and invest more resources, can the Metaverse be built brick by brick.

Virtual reality technology, game technology and AI artificial intelligence all belong to the category of IT. From the perspective of CT communications, Metaverse is also a big hotspot that can be rubbed against.

Without the low-latency of 5G/6G/all-optical network... users cannot access Metaverse.

Mark Zuckerberg is betting Facebook's future on the metaverse. 

Thanks.

Refer: bbc.com