The document discusses whether the metaverse is the next big thing. It describes the metaverse as a collection of 3D virtual worlds where users can access activities and create avatars. Many large companies like Facebook, Microsoft, and Roblox are investing heavily in developing metaverse technologies. Key elements needed for the metaverse include infrastructure, human interfaces, decentralization, spatial computing, and support for a creator economy. The possibilities of the metaverse include virtual tourism and remote learning.

1. IS METAVERSE THE
NEXT BIG THING?
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2. What is Metaverse?
The Metaverse is a collection of 3D
virtual simulations or worlds. Here,
users can access various activities and
can create their very own avatars.
Metaverse will act as an alternative
digital world where people can
socialize and collaborate on tasks, play
games and do many other activities.

3. Many companies have been working on Metaverse projects, but due to limitations
in AR and VR technologies, this niche's growth is quite slow.
Facebook’s announcement of investing in Metaverse was a massive boost for this
sector. Facebook has already given a demonstration of how the world may look
like.
Big companies like Microsoft, Epic Games, NVIDIA are also investing heavily in
Metaverse, and there are already many existing metaverse projects based on
blockchain.
The Big Turning Point

4. Important Elements in
Developing the
Metaverse
Infrastructure
Human Interface
Decentralization
Spatial Computing
Creator Economy
Exploring
Experiences

5. Infrastructure The infrastructure of the
Metaverse needs to have a solid
foundation before connecting
multiple virtual spaces with one
another. First of all, we will need
to have a stronger internet
connection.
Other components, such as cloud
computing or blockchain, can
establish a more concrete
infrastructure for the Metaverse.

6. Human
Interface
The human interface will deal
with multiple possibilities of how
people will get access to the
Metaverse.
We have VR headsets, AR glasses,
haptics, and many other
extended reality devices that can
help users participate in the
Metaverse.

7. Decentralization Metaverse needs to be
decentralized to function
properly. Centralized Metaverse
will be extremely limited where
third parties can take control
with no intention of fair play.
This is where blockchain comes
in handy. Blockchain is the
perfect technology for Metaverse
as it can offer it the
decentralization it needs for the
users.

8. Spatial
Computing
Metaverse will deal with an
alternate 3D and digital reality.
Therefore, users will need to have
3D visualization and other types
of modelling frameworks to fully
dive into the Metaverse.
Spatial computing can play a
huge part in that. As this tech
deals with the digitization of
environments, people and
objects for interaction in virtual
spaces, Metaverse needs this
technology to function.

9. Creator Economy
Creator economy will be a huge part of
Metaverse as Metaverse will give users
control to create different forms of assets
and sell them in the world.
Metaverse will offer an array of tools and
other technologies to help the creators in
developing their e-commerce
establishments within the digital world,
thus, creating a thriving economy.

10. Exploring Discovery or exploring the parts
of Metaverse should be easy and
simple for the users. Too much
complexity in this part will make
it difficult and unacceptable for
mass adoption.
Metaverse will have to rely on
content engines that will drive
more engagement with the
virtual world.

11. Experiences Experience is a huge part of
Metaverse. The sole purpose of
Metaverse is to enhance the user
experience in the digital world.
Accessing games and
entertainments in VR will help
users experience it in 3D. Other
extended reality technologies
can take it even further where
users can interact and even feel
sensory elements.

12. Who Is Investing in Metaverse
Market?
Roblox Corporation
Facebook
Epic Games
Microsoft
NVIDIA

13. Facebook Facebook is looking into the Metaverse to
enhance its users’ experiences. At
present, Facebook has everything they
need to develop a functioning metaverse.
They have the infrastructure, discovery
models, simple human interface models,
Oculus headsets, growing creator
economy, social media ad engine,
content engines, etc. Facebook is willing
to make huge investments here as the
company sees it as a massive alternative
to mobile internet.

14. Epic Games Epic Games is another huge name that
is investing in metaverse technology as
well. The co-founder of the company
already had envisioned a virtual world
many years ago, but due to
technological limitations, they could
not develop it.
At present, they already have bagged a
$1 billion funding from Sony for
developing the Metaverse and helping
the development process accelerate
much faster.

15. Microsoft Microsoft is more focused to work based
use cases for the Metaverse. Unlike other
companies investing in entertainment
only, Microsoft is putting all the effort
into Microsoft Mesh, a work-centric
virtual space.
Here, Microsoft wants to make their
products more accessible to the users
using VR and enables teams to work
together in the digital environment.

16. NVIDIA
NVIDIA is also working on technologies
that can make the Metaverse a reality.
Their Omniverse is a technology that is
scalable and offers 3D simulations.
This platform is capable of running
physically virtual simulations. This will
also help interconnect other virtual
spaces and help users to access all of
them from one place.

17. Roblox
Corporation
Unlike other companies, Roblox
Corporations have already established a
sort of Metaverse. At present, the
company’s game Roblox deals with user-
created games and worlds.
Users are already able to connect to one
another in the virtual space in real-time.
So, it’s now focused more on developing
a diverse world within the game
environment rather than investing in VR
and AR techs.

18. The Metaverse will create a new world for everyone for accessing innovative, new
and diverse opportunities.
Virtual tourism can play a huge part in Metaverse as it has the ability to offer
duplication of the real world in the digital world and use VR and AR for users to
experience it.
Remote learning can also benefit from Metaverse. For example, educational
institutions can use the virtual space to create virtual classrooms where students
from the world can join in and learn.
What Are the Possibilities?

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