How to access Metaverse?

A hybrid of augmented and virtual reality, Metaverse is a virtual universe. Neal Stephenson, a science fiction writer and novelist, is credited with first using the word ‘Metaverse.’ Neal accurately describes ‘the Metaverse’ in his book and uses it as an example of a hypothetical virtual environment where every activity is supervised and recorded. At the same time, people are free to act on anything without being answerable to social strata, rules, or regulations imposed by imperial authorities. Metaverse is a parallel imaginary world where a user can roam major tourist sites virtually and interact with people from different parts of the world.

How big is the Metaverse industry?

The Metaverse world is still in its infancy. This industry is growing at a compound annual growth rate of 39.44%, as published by Strategic Market Research. The metaverse industry is to reach a market valuation of US$ 678.80 billion by 2030 from the current market value of US $47.58 billion. The global Metaverse industry is growing rapidly and especially attracting people of younger ages towards it. From gaming to the shopping industry, travelling to real estate, the Metaverse industry is performing immensely well and targeting each user with different interests.

How to join the Metaverse?

Any user can access the Metaverse by creating an account on the website and app of Metaverse company. After creating an account, users can create an avatar in the Metaverse and experience the 3D immersive view of the Metaverse with different features.

Metaverse is a virtual world accessible through virtual reality headsets and controllers. However, the Metaverse world is accessible through smart devices like smartphones, computers, and laptops. But for a realistic experience, users use VR headsets and controllers to sense all kinds of natural modalities.

Why should you join Metaverse?

Metaverse is a new concept to the world, coming with endless possibilities and opportunities. The advancement and increasing popularity of crypto, blockchain, and virtual reality technologies are elevating the virtual world of the Metaverse industry. A few points that explain why you should join the Metaverse are as follows-

Next Generation of Internet

Metaverse is the next generation of the internet after the world wide web. After the inception of the internet, the world has seen large numbers of opportunities in various fields across the globe. The internet boosted economic growth and increased employment opportunities and start-up culture globally.
The world is living in the digital era and that is all because of the internet. If the idea of Metaverse goes with the same trend the next 20 years are going to be economically and technologically more revolutionary.

Personal and professional meetings

During the time of the pandemic, when the entire world was in lockdown, virtual reality emerged as the solution to the lockdown. When the economy of the entire world was at a halt, the virtual reality platform pushed the economy, and many people who were employed far from their homes were bound to stay away from their loved ones. Then virtual reality worked as a medium to solve all these problems.
During the time of the lockdown, virtual reality platforms have been used extensively for professional and personal purposes.

Education with visual explanation

Over time, many domains like healthcare, the fashion industry, the entertainment industry and many others have been modernised. But still, the world follows the same ancient education system to teach students.
Even when the world has adopted an online education system, it needs modifications for an effective learning process.
Virtual reality can be seen as the solution to enhance productivity and practicality in the current educational system.
Many studies say that the current education system requires major changes to modernise the educational system. Theoretical explanation with a 3D visual representation of animation is the best way of teaching. And modernisation of the education system is only possible with virtual reality and Metaverse.

Investment of Tech-Giants

Big tech companies like Facebook and Google have already invested in the next generation of the internet, Metaverse. Investment by these companies signifies the high growth potential of the Metaverse industry. Globally, more than 600 companies are already involved in the services associated with the Metaverse.

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