Over the years, the internet has rapidly evolved, and the effect of this evolution is the metaverse. The term met averse still confuses some people, as they tend to see it as a brand-new aspect of technology. However, we’ve gradually broken the term, so everyone can describe what exactly is metaverse from their perspective.
Hence, we live in a time when significant change in the history of humanity occurs frequently. Thus, our reality is bound to spill over to the metaverse. More like saying we live in a virtual reality/augmented reality universe that enables you to build social connections and relationships virtually.
Meanwhile to learn what exactly is the metaverse and how is the future of technology. You have to carefully read through this page as we’ve given several illustrations too.
We recommend you also check out the Top 15 Most Popular NFT Tokens
What Is Metaverse In Simple Terms?
The term metaverse does not refer to any specific type of technology, instead, it’s generic, referring to a broad shift in how we communicate and interact using technology in this fast-growing world. And the metaverse itself may finally become outdated, as the specific technology it once described becomes commonplace.
Furthermore, in the science fiction novel ‘Snow Crash’ by Neal Stephenson was where the term metaverse grated sighted in 1992. In the novel, he envisioned life-like avatars who convened in realistic 3D buildings and other virtual reality environments. Hence, this virtual world became recognized when Facebook, now known as Meta, embraced the new moniker, based on the sci-fi term metaverse. Helping to describe its vision for working and playing in a virtual world.
Meanwhile, the metaverse comprises two different categories of technologies, they include virtual reality (VR) and Augmented Reality(AR). VR characterizes persistent virtual worlds existing even when no one is playing. While augmented reality (AR) combines features of physical and digital worlds. However, it doesn’t compel that one to exclusively access the spaces via VR or AR.
Additionally, the metaverse simply includes a network of 3D virtual worlds focused on social connection. Apart from VR and AR, it also runs through blockchain, along with concepts from digital media, to establish spaces for rich user interaction imitating the real world.
How Do I Enter The Metaverse?
If you want to enter the metaverse, you simply have to any metaverse platform be it a game or social media connection, and add to the growth of the technology. You can access using your mobile phone or computer. In most cases, you’d need to enhance your device for better performance.
However, even optimizing your Windows computer may not be enough. A metaverse protocol hosting millions of users needs serious processing capability. While for some metaverses, the average computer usually is not enough. So, because of this, many companies are trying to develop tech like smart glasses to help users connect to the metaverse easily.
Intending to enter the metaverse space? Some platforms like Meta’s Horizon series require a VR headset to journey into the Metaverse. Thus, one of the best VR headsets includes Meta’s Oculus Quest 2 headset. It contains trailing cameras to render 3D environments, and also has an instantly integrated graphics card and storage unit to handle processing requirements. Below we’ve shown how you can properly a metaverse with a VR headset.
How To Access The Metaverse With A VR Headset
A VR headset, like the Oculus Quest 2, appears to be the most immersive way to experience the metaverse. When you have the headset, you just need to download the app for a compatible device.
Learn how to enter the metaverse with the Oculus Quest 2 headset below;
- Turn on and put on your Oculus Quest 2 headset.
- Then, open the App Drawer from the Universal Menu (you can use any controller). Your list of installed apps will come up.
- Now, select your app.
- Then, load the game/app.
Taada! you now have access to a full new VR world.
How To Join The Metaverse Without A VR Headset
You must not always use a VR headset to access the metaverse. Various metaverse platforms are browser-based, and hence do not need special hardware. Some which include Decentraland and Roblox, simply need a computer or a smartphone.
Learn how to use some metaverses without a VR headset below;
Decentraland is one of the most prominent 3D virtual world protocols within the metaverse. Learn how to access it below;
- Go to the Decentraland website from the link above and click “Start Exploring” in the top-right corner.
- You have two choices: you can either select Play using your wallet or Play as a guest.
- If you select play as a guest, the game will load. However, if you select play using your wallet you’ll have to connect your crypto wallet before the game loads.
Guests in Decentraland have limits to exploring the land and customizing their avatars. When you play using your wallet, you can actively participate in playing, buying land, and developing assets.
Sandbox is yet another outstanding platform where users can build gaming experience NFTs to buy and sell. While you don’t need a headset, we recommend that you have the MetaMask crypto wallet.
Learn how to access the Sandbox metaverse below:
- Visit the Sandbox website and click on the “Sign In or Sign up” button in the top-right corner.
- When notified, connect your crypto wallet (We recommend MetaMask).
- Enter your username/email ID, and password.
- Click Create on the box on the left.
- Download and install the GameMaker on your PC.
- Open the app and sign in.
Is The Metaverse A Real Thing?
Metaverse in quote didn’t become a household term until Facebook renamed its corporate name to Meta in October 2021. During that time, Facebook a nouned openly plans to use up $10 billion over the next year on technologies to develop its vision of the metaverse. Hence, if you still wonder if the “Metaverse” is a real deal. Then know that the answer is Yes.
We consider the metaverse the next evolution of the internet. Metaverse technological development takes many forms these include gaming, online communities, and business meetings where people team up through a digital facsimile or avatar of themselves.
Who Owns Metaverse?
No one specifically has ownership of the entire metaverse network. Metaverse is not a real physical thing that you can own. Metaverse includes a virtual 3D world where everyone and anyone can participate. There exist numerous metaverses established by different people or teams. In theory, anyone who creates a metaverse is the true owner, but this may often not be the case.
Meanwhile, in the case of the Facebook Metaverse, the company founder and CEO, Mark Zuckerberg owns it. While Ari Meilich and Esteban Ordano created Decentraland for a company called Metaverse Holdings Ltd. However, numerous investors own the rights to the digital universe.
Is Metaverse a VR or AR?
As earlier mentioned, the Metaverse technology constitutes an interplay between aspects of both AR and VR. A semblance of space and time akin to the real world is a feature you’d find in a real metaverse app. Real physical world interactions may come in form of visual, auditory, and dynamic. Hence, we expect a Metaverse platform to deliver experiences along the same lines for digital partnership.
Furthermore, these combined reality systems take both distributed and centralized techniques towards mainstreaming with the help of AR/VR software development.
How Do You Make Money On Metaverse?
There exist a thousand and one ways to start earning in the metaverse. Some of the available methods to make money on Metaverse include hosting virtual events, flipping digital assets, participating in play-to-earn games, investing in metaverse tokens, and designing virtual spaces. In a nutshell, we’ve listed more ways you can make money on Metaverse below;
- Buy Shares in the Metaverse Index Fund
- Trade Your Metaverse Token
- Create and Then Sell NFTs
- Make VR Games
- Create a Digital Clothing Line
- Sell data Online
- Invest in Metaverse Cryptocurrency
Can Metaverse Make You Rich?
Definitely, Metaverse can make you rich if you invest wisely. You have to ensure to pick the right assets and invest in them at a reasonable price. The entire concept of Web 3.0 and Metaverse holds tremendous growth potential, thus your assets will thrive alongside the growth of the whole industry.
Is The Metaverse A Good Investment?
The metaverse is an industry showing great future potential. So many investors have put it in the spotlight as they consider it a great long-term investment alternative. However, still in the development phase, will be one of the megatrends of the coming years. Analogy estimates that the size of this market will reach $800 billion by 2024.
Apart from serving as a good investment, the metaverse will also set a good course for cryptocurrencies. Since, in the ecosystem of virtual worlds, a common factor for participating companies includes that we cryptocurrencies in all transactions. Similarly, the blockchain will be used to allocate the cryptocurrency called “token” or “altcoin”.
Where Can I Buy Metaverse?
As illustrated above on how you can buy Sandbox and Decentraland. You can buy Metaverse Crypto from several cryptocurrency exchanges such as Coinbase, Binance, etc.
Also, bear in mind that each platform has its own form of cryptocurrency; for example, the Sandbox has SAND, Battle Infinity has IBAT Decentraland has MANA, etc.
While Metaverse Crypto may look like an attractive investment option, we recommended do your research before investing. More so, we hope this article has carefully explained what exactly is metaverse and also guided you on how to buy Metaverse crypto.
Estimated reading time: 9 minutes