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Metaverse: The replication of our reality in the digital world

Author: Cross Chain
by Cross Chain
Posted: Jan 01, 2023

The world of technology and innovation has never been as popular as it has been in recent months, a period in which a new concept began to be studied and, very quickly, also put into practice. Yes, we are talking about the metaverse.

Considered one of the greatest digital revolutions, the Metaverse Development Company is a feature of the virtual universe that enables interaction between people in a unique way, previously seen only in the world of games.

After Mark Zuckerberg announced the change of Facebook’s name to Meta, the theme reached the peak of search on Google, boosted the sector and became the big bet of the technology giants. According to Bloomberg Intelligence’s projection, the metaverse market should reach US$800 billion, which is equivalent to R$4.5 trillion in 2024.

Furthermore, Gartner research reveals that by 2026, 2 billion people will spend at least 1 hour a day in the metaverse for work, entertainment, consumption and education purposes. The areas stand out in the sector and will be increasingly integrated into the physical and virtual world.

But after all, what is this trend in fact and why does it promise to transform the digital world?

What is metaverse?

The metaverse came out of science fiction movies and reached the technological market of the biggest investors in the world. This is because, with this technology, people are inserted into an immersive and hyper-realistic digital space that merges between the two realities. In other words, digital representation is based on user interaction and experience.

For this reason, the metaverse is based on augmented reality, avatars, 3D images, holograms and prototypes.

However, to access this parallel reality, it is necessary to use equipment such as headsets and virtual reality glasses that allow users not only to look at the device screen, but also to interact immersively. That is, as if they were physically in the digital environment.

It may seem like something from another world, but you don’t have to go that far to imagine the technology in practice. Electronic games like Free Fire and Minecraft, for example, are a successful species of the Metaverse Development solution for exploring immersive reality in different ways.

Want another example? Microsoft, one of the pioneers in the development of the metaverse, stands out with the AR headset, valued at $3,500. Last year, the device sparked the interest of the United States Government for military use. Similarly, medical companies claim that augmented reality technology not only drives the industry forward, but can improve surgical procedures.

Want to know more about how technologies get involved in the metaverse process? Check it out below!

What is the difference between virtual reality and augmented reality?

Virtual Reality (VR)

Virtual reality is nothing more than a 3D environment created by computer systems. The technology simulates the real world and allows full interactivity with users.

However, to access and take advantage of all this technology, specific equipment is needed, such as computers, headphones, virtual reality glasses or helmets, among others.

Augmented Reality (AR)

Unlike VR, augmented reality inserts virtual data and elements into the real world. The Pokémon GO game is a great example of augmented reality due to the combination of technologies.

In the game, the user uses the smartphone’s camera to capture virtual characters, spread across a real world map.

In addition, we can also mention the use of QR Codes for the provision of digital public services, which benefit the population and improve the quality and experience of the service.

Metaverse and smart cities, can this reality exist?

With the metaverse city concept, applications, strategies and technologies for real life in the Metaverse Token Development Company are based on the way we live and how cities develop.

Indeed, the cities of the future have a lot to do with the growth of smart cities. Providing interactive services and new digital tools, the city of the metaverse aims to be a virtual communication channel for the population, as is the case of the city of Seoul.

With an investment of US$3.3 billion until 2030, the city of Seoul, South Korea, will be the first city inserted in the metaverse. By 2023, the "Metaverse 120 Center", a virtual office for general public services, will be established.

In this environment, citizens will be equipped with virtual reality headsets to meet with officials in the form of avatars to deal with the population’s queries and demands.

The projection is that in 2030, technologies will intelligently manage all administrative services, in addition to covering the areas of culture, tourism, economy and education.

In fact, people need to be aware of city plans and new solutions. Seoul will be no different. This is because the metaverse city must benefit all age groups with new resources, with inclusion being the main objective.

For this reason, the initiative is to develop services with content, security and accessibility through extended reality.

Was this content relevant to you?

With the promise of revolutionizing the future, the migration to the Metaverse Store Development Company will allow users to replicate reality in a unique and digital way.

Still under process, the metaverse is a gateway to completely new experiences, its main objective being to improve people’s lives.

Stay well informed: click here and learn more about new technologies and the development of futuristic cities.

About the Author

The future is cross-chain and you can do that now a token bridge. A cross-chain bridge let's you launch your token on multiple blockchains and allow users send your tokens between chains. Launch your token on any EVM blockchain with our cross-chain b

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Author: Cross Chain

Cross Chain

Member since: Mar 04, 2022
Published articles: 22

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