Everything surrounding the metaverse seems to be moving fast, but what exactly is it, and are there things you can already do in it? Read on to learn about what you can already do in the metaverse.
What Is the Metaverse?
The term ‘metaverse’ describes a virtual world where people can engage in various activities and experiences that are meant to look and feel very similar to the physical world.
New technologies such as virtual reality, augmented reality, blockchain, and artificial intelligence are enabling the development of immersive virtual worlds. Moreover, novel business models revolving around virtual ownership and commerce are burgeoning.
As it stands, there are multiple ‘metaverses,’ and most are not interoperable. Nonetheless, as the concept evolves and matures, people may be able to interact and engage across the various virtual worlds, blurring the lines between the digital and physical worlds even further.
5 Things You Can (Already) Do in the Metaverse
The metaverse is being developed in real-time. Nevertheless, here are some things that you can already do in the metaverse today.
Make New Friends
With the rise of the metaverse, you can now meet people in an immersive, virtual environment. In the metaverse, you can be whoever you like using avatars. Avatars are customizable characters that act as your virtual representation.
Using these avatars, you can meet people in the metaverse without traveling. All you have to do is join a platform metaverse platform and strike up a conversation with anyone. You can use either text or voice to chat. The ability to make new friends through the metaverse can be quite helpful, especially for people living with social anxiety and physical disabilities as well as people in remote locations.
Numerous metaverse games are specifically meant for people to meet and form connections. There have even been cases where people have found love in the metaverse.
Create And Play Games
Metaverse games incorporate aspects of the physical world and virtual worlds. VR games like Horizon Worlds and Rec Room are gaining popularity. These games allow players to use avatars to interact with each other and manipulate their environment. Immersive online multiplayer games where you can invite your friends to play, such as Roblox and Fortnite, have also taken the world by storm in recent years.
Furthermore, many games now incorporate blockchain and cryptocurrency technology, such as Axie Infinity and Splinterlands, and Star Atlas. These games feature their own worlds, characters, and gameplay. They allow players to own avatars and engage in financial activities such as buying and selling in-game items on blockchain-powered marketplaces using cryptocurrency.
Not only can you play in the metaverse, but you can also build your own game. There are many different tools for creating games, including The Sandbox, Unreal Engine, Unity, and Roblox Studio.
Buy Virtual Land
Buying virtual real state in the metaverse is one of the most common ways individuals and even institutions interact with the metaverse. There is already speculation that virtual land is going to become a valuable commodity as the metaverse matures, and early movers are already investing.
Platforms such as The Sandbox and Decentraland offer empty plots of land for sale in their respective virtual worlds. These parcels of land can command high prices, with some selling for millions of dollars during the 2021 bull market. Once you purchase virtual real estate, you can develop something on it, lease it out, or sell it for a potential profit.
Host Virtual Events
Do you have an event in mind? No need to break the bank by planning for a physical event when you can do it in the metaverse!
You can organize a virtual event in metaverses where attendees can interact with each other and what the event is offering. For example, you could host an art show where NFT artists can showcase their work or organize a virtual party for your metaverse friends.
Attend Concerts by Famous Artists
If you love to attend concerts, you will be pleased to know that famous artists such as Travis Scott, Ariana Grande, Justin Beiber, and Lizzo have held virtual music concerts in the metaverse. For instance, Travis Scott’s Fortnite concert had 47 million people tuning in.
Although virtual concerts are nothing new, the metaverse intends to take virtual events to a whole new level by constructing realistic virtual venues and allowing fans to interact with friends through 3D avatars. This increases the level of immersion and adds a new dimension to virtual concerts.
What’s Next for the Metaverse?
The metaverse is still in its early stages, and no one can say how it will turn out when it fully matures due to its massive potential. Nonetheless, we are already standing on the edge of tomorrow, and there are many things you can already do in the metaverse, including playing games, meeting new people, attending events, and more.