Internet leaders like Meta and a few other tech companies have now seriously started working on creating a metaverse where virtual reality meets the physical world. To get more concrete, Many tech companies have invested billions of dollars in metaverse applications such as virtual online world games. In the early 2000s, futurist Ray Kurzweil predicted that by 2027-2030, virtual reality would become a reality, and people would use these applications for Different Use Cases.
What is Metaverse? A futuristic Ride to Virtual Worlds.
To help you understand the complex and techy term “Metaverse,” here is a small exercise, Imagine the Metaverse word replaced by “cyberspace.” In most cases, things would not substantially change. This is because the term does not emphasize the specific technology but gives a broad and speculative way of interacting with technology.
Different technologies companies have defined Metaverse as a persistent virtual world and augmented reality that amalgamates the digital and virtual worlds. It is not always necessary for the user to access Metaverse virtual worlds through AR or VR. Users can access it through a PC or a laptop. For example, Fortnite-like games are the virtual worlds that game access through phones, game consoles, and their gaming workstation.
Many companies have now built an entire economy in the virtual world metaverse. Users can buy, sell, or trade goods just like how it happens in the real world. Metaverse allows you to take virtual things like cars or clothes from one Metaverse to another. Such applications leverage the advantages of web 3.0 technology elements like NFTs(Non-Fungible Tokens).
Metaverse Virtual Worlds and Decentralization.
One of the different aspects of building a metaverse is Decentralization—a decentralized Metaverse using the concepts of Blockchain technology. Any central authority does not control such platforms. Users can be free to use their assets or buy them without interference from the central authority.
Decentralized Virtual World Metverse, like Decentraland, uses a DAO( Decentralized Autonomous Organizations) to enable the participation of every user of the respective platform while making any decision. With the help of NFTs, it becomes quite easy to offer memberships and provenance of any user-generated asset like artwork or a piece of music.
Virtual Online world Games
If you are a follower of this space, you might know that Gaming is one of the largest entertainment industries that has opened up every door to adopt the Metaverse and build Virtual online games. Leveraging Metaverse, Gaming Industry would be able to provide an immersive experience to the gamers by reinventing the way of playing games. Metaverse games would be the same old games, but they would be played completely new.
Recently Gartner presented a report about Metaverse, where they said in the coming few years, approximately 25 per cent of the people would spend an hour in Metaverse, be it virtual games or social networking.
Top Emerging Categories of Metaverse in Gaming.
Metaverse enhances social activity, and social Gaming would open up a new aspect where players can invite friends from the real world, nurture relationships, and talk with various players.
Transferable In-Game Assets
Metaverse enables interoperability and allows asset portability. Users can transfer their avatars or game assets from one platform to another.
Play to Earn Games
This is the fastest emerging category for virtual metaverse games. The players can do various tasks and trade their assets won while playing games in exchange for cryptocurrency.
Games As Platform
It aims to provide an extravaganza gaming experience to players by enabling flexibility among the players. Users can connect to different Metaverse Virtual worlds and develop mini-games within a platform and even their content. Games as a platform would offer a gaming environment that would act like a platform to conduct various activities.
Top 5 Significant Metaverse Virtual Worlds.
Recently several virtual world platforms have come up. But what is the most popular and exciting one among all? In this section, we will talk about some best metaverse platforms.
Start Atlas is quite a young and next-generation gaming metaverse virtual world. It leverages all the deep technologies like multiplayer video games, Decentralized Finance, Real-time visuals, Blockchain, and much more. The Application is deployed on Solana Blockchain, which offers a variety of features like digital trading assets such as equipment, crew, and ships. Also, there is a monetary system called POLIS for players.
Epic Games, the company behind the most popular game Fortnite has extended outside of the battleground. It has organized some of the best events in its games, like music concerts and dance parties. Also, a few months back, Travis Scott hosted a virtual show on the Fortnite Metaverse Virtual World platform that was a big hit. The initiatives taken by EPIC games have made it to the list of top emerging Metaverse Platforms.
Recently an ERC20 token was launched Called Nakamoto. This token allows investors to invest in Metaverse by purchasing virtual lands and constructing buildings. It is one of few metaverses that deployed a real-in-game economy. With the Nakamoto token, Investors can buy any asset in the virtual world.
Hyperverse is a virtual world metaverse and one of the emerging platforms. Users can collect planets from a cosmos that represents millions of tiny universes. Every user in HyperVerse is known as Voyager. A Voyager can generate different tokens and use them to explore the Metaverse.
MetaHero is an emerging project that amalgamates physical objects into the digital world. It works similarly to Decentraland, an emerging Virtual world on Polygon Network. Users can build 3D real-world objects into virtual worlds and use them for different sectors like entertainment, education, training, and much more.
Metaverse Virtual World Blends with Web 3.0
Many concepts in Metaverse virtual worlds blend with different aspects of Web3.0. Several technologies like Decentralization, machine learning, or Artificial Intelligence are used in Metaverse. You can learn about Web3.0 from here.
Tech companies like Sony and Valve are heavily manufacturing the devices for metaverse experiences. Some companies like Epsom and Microsoft are investing in innovating augmented reality. Different Industries have understood how the Metaverse could be so demanding and open new prospects for everyone.
Future of Metaverse in virtual online world games
In the coming few years, knowledge about different gaming engines like Unity and Unreal Engine would be necessary. Unreal is one of the largest gaming engines created by Epic games. Such a Gaming Engine would become an important development tool for creating virtual online world games.
The Metaverse will enable much more than capturing human movement. Users would also be able to express their emotions and expressions while interacting with other users. This would be quite a worthy breakthrough to capture and interesting to follow.
Virtual Gaming commerce would lead to the formation of a real economy. The communities would bridge the gap between the virtual and real worlds. There will be great virtual gaming economies that will blend with real-world economies.
Metaverse Virtual World would be leveraging various technologies to enhance the overall experience. Metaverse would encompass a variety of ecosystems, in-game economies, people, and events. If you want to dive deep into the Metaverse, try exploring the emerging metaverse virtual world platforms listed above. It takes a few steps to become part of the Metaverse and experience a new world.