All posts tagged "virtual reality technologies 2022"

Metaverse: All You Need To Know Metaverse Since social media guru, Mark Zuckerberg announced that Facebook's future would be in the Metaverse, everyone and anyone has been trying to know what Metaverse even means. And since Facebook rebranded as Meta last year, the Metaverse has been in full effect in the world of technology. Heavyweights like Microsoft and Nvidia are now fully interested in the idea of Metaverse, and we have Metaverse experts emerging every other day. But what does Metaverse really mean? Why is it important and why should anyone worry about it? Well. if we are to take Zuckerberg's word for it and believe Metaverse is really the future of the internet, we need to know everything about it so we don't lag behind when it matters most. What Is The Metaverse? Metaverse is simply an embodied internet: a social atmosphere where people can meet with the help of customized avatars that ensure they have more presence than a regular video call. The platform is synchronous, making it appear and feel like real life, unlike the feed-based social media we work with right now. In fact, rather than reminiscing on what others have been doing, you'll actually meet them in real-time. It's a continuous platform as well, just like the world we live in. Therefore, whenever users revisit a Metaverse space, they won't need to begin afresh. And just like the real world we live in, it'll accommodate all types of things that you might need to do with other people, including attending concerts, events, playing games, hanging out, going on dates, and so on. However, the fact is that the Metaverse is yet to be created. But what we have to work with now are a few predecessors you are already familiar with: Photo credit: analyticsindiamag.com 1. Virtual Reality: Most times, people confuse VR with the Metaverse and that is not completely absurd if you look at it. Guaranteeing an embodied presence actually feels a lot more legit when you wear a headset, unlike an avatar that can be controlled with a keyboard or gamepad. However, even if VR, AR, and other kinds of spatial computing will form a part of the Metaverse, it is very vital for the Metaverse to work across various device categories. It is not actually something you opt-in and out of at 30-minutes intervals, but something that stays with you throughout the day, on your smartphone, VR headset, and consumer-ready AR glasses. 2. Fortnite And Roblox: These games are seen as early incarnations of the Metaverse, and they do tick a lot of boxes, including both working with avatars while offering more than just gaming. Also, both tiles are standalone properties, as players cannot take their Fortnite avatar to their meetings, plus you will not find a business outside of Roblox that accepts Robux for payments. That said, there is one main reason why Metaverse does not exist yet: Metaverse Is A Network: The fact is that Metaverse is not one service, but a group of services that are united by companies that have decided to work with others, as well as by individuals who have made up their minds to beat their own paths to move from one destination to another. This is why some of the 1st generations of avatar-based services, Second Life is not a Metaverse on its own. The same way the internet is not one application, and none of the applications on your smartphone would have worked without other applications and services, the Metaverse relies on several interconnected services to thrive. Photo credit: thefashionlaw.com Why The Metaverse Is Necessary: If you are not aware, Metaverse wasn't birthed because VR picked Mark Zuckerberg's interest, rather, it is pushed by a lot of factors. Millions are embracing avatar-based social gaming platforms, the coronavirus pandemic has led to more people seeking new ways to interact, and heavyweights like Apple, Amazon, Google are working tirelessly to find the next big thing after smartphones. And as we watch these trends manifest before our very eyes, vital questions have to be asked: 1. Future Metaverse Gatekeepers? It is clear that companies that manufacture the AR and VR headsets of the future will be able to benefit the most financially and impose the most rules on the Metaverse. 2. Metaverse: Privacy, Safety, And Mental Well-Being? Sadly, privacy breaching issues will not go away in the Metaverse, however, we don't expect them to play out the same way we are used to. We'll just have to expect the powers that be to pay attention to these privacy problems from the get-go as that will be very key. 3. Who Is Paying For Metaverse And How? Advertising will have a say here as always. We should also witness the comeback of transactional business models, and it might even be powered by decentralized finance. The Metaverse Players: If you are not aware, a lot of companies are working on building the Metaverse, and here are some of the major players to take note of. Meta spent $10 billion on Metaverse tech last year alone. The company has worked on all things including VR hardware, social VR apps like Horizon, and its bet on AR wearables. In the second quarter of last year, Roblox's proto-metaverse world-generated revenue was $454 million. In fact, Roblox has over 43 million daily active users, and most of them are children. Epic made over $9 billion with Fortnite in 2018 and 2019, and its Unreal Engine tech is the foundation of several AR and VR experiences. For now, Apple is still ignoring the Metaverse discussion, however, the company's huge investments in AR hardware have shown that it has futuristic plans for the App Store. Conclusion: It doesn't matter if the creation of the Metaverse will take a lot of years, what is clear is that immersive hardware will play a vital role in spreading the news. For this reason, the race that involves Meta, Apple, Snap, Microsoft to create effective AR glasses is not to be joked with. The winner of that race might not automatically win the Metaverse in the process, but the winning company will definitely have a good advantage. Thanks for reading Metaverse: All You Need To Know. You can click to read about Must-Have Smart Home Devices In 2022. Don’t Forget To Like, Comment, and Share with your friends and family.

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All posts tagged "virtual reality technologies 2022"

Metaverse: All You Need To Know

Virtual Reality: All You Need To Know

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