METAVERSE: A BOON TO THE WORLD

The proof of existence that our world has limitless potential is again put forth and that is metaverse.

Keeping aside the barbaric side effects of metaverse on human body we’ll move forward that is it a boon?

 A 3D Immersive Environment.

Its first occurrence took place when the novel was published by Neil Stephenson in 1992 snow crash. The concept had already been discussed in many other science fiction books. And similarly it has been featured in films like the matrix and ready player one.

For human life’s strata;

It’s important to remember that it’s not necessary to use the physical world with the metaverse. You could be a person in mumbai, go to the metaverse and compete worldwide without prejudice, racism or sexism. This will change human society around the world in an unprecedented way. As a result, technology will solve what politicians have failed to achieve for hundreds of years.

The worlds GDP;

Metaverse will engage 8 billion people in global affairs and completely transform global (Gross domestic product)gdp. It’s like discovering a new planet. Personally the merchandising will be in the virtual world where the goods are intangible. And the decentralization makes it difficult to be abused with.

Digitalization of currency or value;

Liquidity of money or you can say to get everything in fluid we need to have self-sovernity on the property, we needed the internet to complete the transfer of information in the same was we need crypto and nfts for proof of ownership and entire transfer of value mechanism. The games or virtual reality breaks it to monetize each and everything in it, so by all means metaverse is digitization of everything, it sounds scary but it will the next step in humanity.

The final thought;

The metaverse is just getting started and is just a small part of what’s to come.The first version of the metaverse can be thought of as the current internet. It’s not perfect, but it gets the job done. Every era of the internet has its big winners. But no single companycan usher in a new era. There is a tsunami of intellectual and financial capital working hard to build a better version. That’s why the metaverse is such a revolutionary concept. It’s not just vr, fortnight, crypto, but the idea of ​​bringing them all together. Facebook or you can say meta have come a long way, but there’s more.