IMAGINE THAT THE PHYSICAL AND VIRTUAL WORLDS HAVE MERGED. I CALL THIS REALITY+ EXPERIENCE. HOW WILL THE BEST POSSIBLE FUTURE LOOK LIKE IN THE METAVERSE? HOW THE METAVERSE WILL INFLUENCE OUR LIVES?
The Metaverse is still a concept. Many see a Metaverse experience similar to gaming probably by the hype of such digital platforms like Fortnite, Roblox, or Zepeto. However, this experience does not define the Metaverse.
There are many layers to understand what Metaverse really is:
#1 We are living in a technological movement from the Web2 to Web3, where the Internet became IMMERSIVE EXPERIENCE (3D). Thanks to VR technology we plug into digital platform. This experience will become easier with the growth of new technological solutions.
#2 Metaverse is strongly connected to the feeling of presence which can be experienced by different people around the world (family, friends, coworkers, fans, community) and their activities (events, work, education, lifestyle, and many more).
#3 Metaverse is powered by the people where true digital OWNERSHIP & COMMUNITY RULES, PLAYFULNESS & FUN BECAME FIRST.
#4 Metaverse topics include AI, NFTS, BLOCKCHAIN, CRYPTOCURRENCY, DIGITAL FASHION, AVATARS, DIGITAL IDENTITY, VOLUMETRIC, HAPTIC, 5G, DECENTRALIZATION, VR/AR, INTEROPERABILITY, VARIABLES, and many more.
#5 Is the one METAVERSE or are a Metaverses? The first has no rigid definition (yet). The second we can explore to some point by gaming platforms: Roblox, Fortnite, Minecraft.
#6 Metaverse has immense untapped possibilities for all… brands, industries, people, and artists.
#7 Metaverse is a mindset. Digital-first driven culture.
#8 The Metaverse is not a single virtual world is a system of immersive virtual worlds like Decentraland, The Sandbox or Horizon Worlds.
The Metaverse will revolutionize society when the technologies matured.
CRUCIAL PART PLAYS HARDWARE IN ORDER TO CREATE REAL CLIMATE CHANGING SOLUTION.
The next Gen of Kids. Overprized jpgs ready & bankless.
Gen Alpha is bankless & immersed in virtual worlds. For them, the concept of cash is archaic and virtual money a second nature.
Gen Z is not always consciously looking for gender-neutral fashion. For them, it is natural to interact with brands less restrictively and manifest freedom of expression by disregarding stereotypes.
Gen Z is moving quickly into virtual & phygital goods. Therefore, Web3 is a perfect alternative business model to create new revenue streams for brands. We buy by our emotions that digital bags/sneakers/hoodies/perfume & common values that we share with the brand. To win in the long run strategy brands need to be close to their customers like never before & start an online perfect presence in the Web3 space. It’s no more about the price. It’s all about the experience. This is how the fashion & luxury business is evolving.
Imagine that the physical and virtual worlds have merged. I call this Reality+ experience. HOW WILL THE BEST POSSIBLE FUTURE LOOK LIKE IN THE METAVERSE?
I believe it’s decentralized. Where people hang out, socialize, and explore their potential via work, education, art, and entertainment in a decentralized ecosystem based on true digital ownership, community engagement & having fun by making digital assets with great ease and support of cryptocurrencies, NFTs, and blockchain.
Is the future in Virtual Reality, Metaverse the real world?
Yes. This future starts now via Decentraland & The Sandbox and became an important part when technological solutions mature.
Web3 is a mindset. Community FIRST. True ownership via blockchain technology. Creators economy.
In long run ‘fake worlds’ controlled by big brands are not what the Web3 community wishes to experience or choose. Because they represent different values. At this point maybe, it does not play a huge role, because we all still learn what to do & how.
However, it will be crucial when the Metaverse became an adult. The people will recognize it as they recognize authenticity.
So, a long-term strategy needs to be built on a solid foundation like true digital ownership.
I believe that brands that understand it, win first in the long run on this evolutionary journey and became true pioneers & ‘Digi-Sapiens’ influencers.
There are many working behind the scenes to deliver the best next step into the Metaverse.
HOW THE METAVERSE WILL INFLUENCE OUR LIVES?
According to a market research study published by Custom Market Insights, the demand analysis of the Global Blockchain Technology Market size & share revenue was valued at approximately USD 4.8 Billion in 2021 and is expected to reach around USD 69 Billion by 2030, at a CAGR of 68% between 2022 and 2030.
A decentralized wallet is a new black in the coming years.
A decentralized wallet offers users greater privacy control over their data & profiles.
Digital fashion – more pixels than polyester.
Digital fashion & luxury brands expand to grow & could reach $50 billion by 2030. Therefore, these are mighty opportunities for all who understand the benefits of blockchain technology. Now you can create, collect & own digital assets & NFTs.
By learning new incredible solutions in Web3 space you can help to dream a new reality based on decentralized finances and values like the creator’s economy & freedom.
YOU ARE NO MORE A CONSUMER TARGETED BY ADVERTISING. YOU ARE A CO-CREATOR OF THE BRAND AND AN ACTIVE COMMUNITY MEMBER THAT SHAPES THE FUTURE.
This is a new paradigm shift from a consumer mentality to a creator’s economy.
Money in the Metaverse.
A new DELOITTE rapport predicts that the Metaverse could pump between $800 billion and $1.4 trillion a year only into Asia’s GDP. More than 90% of business leaders expect the Metaverse to highly impact the industry by 2030.
THE METAVERSE IS NOT FAKE NEWS BUT SUSTAINED TECHNOLOGY ALREADY USED BY MILLIONS OF THE WORLD’S YOUTH. THEREFORE, THE INFLUENCE OF THE METAVERSE ON GLOBAL ECONOMIES IS MIGHTY.
Blockchain changed how we do business.
According to Mastercard $228 billion is the projected market size of blockchain-based businesses and tech in 2028, from nearly $5 billion in 2021.
The applications of blockchain transform different business sectors. Many big players join digital transformation and create digital assets & new financial well-being.
A clear understanding of blockchain technology guides true leaders to adapt effectively to changes and will dominate in the coming years.
How we will pay in the Metaverse in the coming years?
CeFi & DeFi is revolutionizing the financial world, bringing the physical, digital and phygital together. It soon became an essential element of modern life in the real world, REALITY+.