Metaverse technologies will change the way we behave as a society. Our new iteration of society will include Metaverse(s) — metaversive ecosystem platforms that will have NFTs and web 3.0 iteration of technologies at their basis.
If the Metaverse is a new door for Humanity, NFTs are the keys. It is an emerging tunnel for a fast-forward, rapidly developing societal change in virtual reality. The Metaverse(s) will open new roads and create digital interactive worlds. While these started as fantasies, they are quickly becoming our reality.
When defining the Metaverse, we have to consider Blockchain-powered NFTs, the expanded concept of the Web 3.0 Internet Paradigm, and all the related technologies. I created this infographic research where I define and highlight these concepts that are critical to gaining a better understanding of what the Metaverse is:
1. Metaverse experience;
2. Metaverse discovery;
3. Metaverse Creator Gig economy;
4. Metaverse Digital twins spacial computing;
5. Metaverse and Decentralisation;
6. Metaverse and Human Interface;
7. Metaverse Infrastructure.
The quotes below highlight the challenges and, in particular, the complexities of the multiple confluence of technologies and change that the Metaverse concept will bring us:
“By the time we get to the 2040s, we’ll be able to multiply human intelligence a billionfold. That will be a profound change that’s singular in nature. Computers are going to keep getting smaller and smaller.“ Ray Kurzweil
“What is inevitable is not death but change. Change is the only abiding reality. The metaverse evolves, fractally and forever. Saints become singers, sinners become saints. Dusts become men, men become gods, gods become dust.” Robert Charles Wilson
“This Metaverse is going to be far more pervasive and powerful than anything else. If one central company gains control of this, they will become more powerful than any government and be a god on Earth.” Tim Sweeney
“Augmented reality will drive all things like chat, social networking, photos, videos, organizing data, modeling, painting, motion capture, and visual programming. Every form of computing will be combined together and unified in a single platform.” Tim Sweeney
“The metaverse has become the newest marco-goal for many of the world’s tech giants.” Mathew Ball, EpyllionCo
“The (NFT) technology is here to stay. It’s a simple way to own things digitally. The royalties paid to the original creator in perpetuity is what is so exciting.” Marc Cuban
So what is the Metaverse? The definition is open and signifies something bigger than anything ever done by Humans. For now, we can summarise it as an expanded, communal, virtual interactive, and immersive space, based on various platforms, linking AR and VR — mixed reality, allowing avatars a.k.a.us — you — us, your digital twins — to move from the next-related or not – at a single starting point. This will happen in a digital 360 platform that allows immersive experiences, including gamification, payments, exchanges of digital experiences and reward solutions.
Imagine: Ready Player One meets Second Life and you are being able to interact in a world of your own such as Tim Burton’s “the Nightmare Before Christmas”.
Metaverse = Immersive virtual worlds with their own interactive economic reward Systems, Gig economy new type of jobs, AR V-Shopping Areas and rich Media interactive consumer-driven universes.
Below, find some of my top-level ideas about the Metaverse, from A to Z:
A) ABC of anything internet Metaverse platforms are and will create the immersive accessible digital metaversive ecosystems platforms for our society.
B) Bold Metaverse — Our social-economic dynamics will be based on boldly created and framed Metaverse(s) platforms with ecosystems that offer reward and gamification ESG-driven experiences, solutions, and rewards for creators, brands, retail, entertainment industry, businesses, and the public in the virtual world.
C) Critical Metaverse platforms combine elements of social media, e-commerce like TikTok and Amazon with AR, 3D communities like Roblox, Decentraland within an expanded virtual post-pandemic digital circular economic virtual world.
D) Dynamics Metaverse platforms will make available virtual AR mall future utopia cities and virtual for creators, brands and v-commerce.
E) Explosive effusive Metaverse platforms will allow effusion and explosive experiences where Users can create, play, interact, enjoy experiences, get entertainment and buy!
F) Future Metaverse platforms will build a new Society 5.0 immersive digital tools for people, businesses and creators to market and sell their real and digital products in a virtual world!
G) General foundation technologies such as Blockchain, Cryptocurrencies, Non-fungible Tokens (NFTs) and Artificial Intelligence (AI) are enabling the next iteration of the Metaverse Internet: Web 3.0, an intelligent, immersive Internet.
H) Hyperbolic — The Metaverse is an example of how digital transformation is reshaping and hyperbolising our society, enabling super-fast changes in our physical merging with virtual worlds, such as democratising trade and reengineering supply chains, while redefining how we behave in the virtual world.
I) Immersive Augmented Reality (AR) enhances and augments our experience of the physical world with information as a virtual overlay.
J) Jack of all trades Virtual Reality (VR) that enables ever-expanding virtual experiences outside of physical reality in an entirely newly-created and interactive virtual world.
K) Keys — with Mixed Reality (MR), or polyplexity, — the keys of the Metaverse are MR — hybrid of AR and VR — that merges the real and virtual worlds. Mixed Reality is a critical focus on how to create new Metaverse technology and ecosystem environments in which physical and digital objects coexist interactively in real-time.
L) Leading 3D technology is going to be an emerging sector that highlights the construction of a three-dimensional object that is being embraced by businesses to simplify the working process and improve online experiences such as shopping.
M) Metaverse Mechanics will include the Applications of Avatars, advanced and cartoonish avatars, 3D technologies include 3D modelling, 3D printing, 3D visualisation, and 3D display.
N) Native Avatars. The metaverse and related avatar technologies are a fast-growing social Development that will change the way we behave and the way we look at humanity. Avatars are our evolutionary digital twins as humans. They will become our native avatars footprint.
0) Objectiveness will be going forward defined with Avatar technology is a digital variation of a human character based on the computer representation of users in a computer-generated 3D world. Avatars are critically used in chat and entertainment websites.
P) Personal Avatars will create new business applications that will expand social health and economic models and will include gamified training, health care checks, wellbeing, customer support, training or sales, where avatars in an enterprise’s website may assist potential customers through text or audio links.
Q) Quantified and augmented social-economic gamified metaverse ecosystems. The metaverse will expand our ecosystems and quantify everything we do with AI qualitative and quantified analytics and interactive UI UX and experiences.
R) Realistic virtual worlds are vast and changing and key to the metaverse. These realistic virtual and imaginative worlds cannot be created and maintained without advanced automation.
T) Tech Metaverse — Metaverse technology Infrastructure includes tech semiconductors material science, AI, cloud computing and 4G, and 5G, telecommunications networks that make it possible to construct any of the above layers.
U) UI UX is key for the Metaverse ecosystem. There is no Metaverse without users, only a static, empty virtual space. User experience needs to be as seamless and sophisticated as possible, and AI is key to enabling this.
V) Virtual Reality (VR) is a computer-generated environment with scenes and objects that appear to be real, making the user feel they are immersed in their surroundings. This environment is perceived through a device known as a Virtual Reality headset or helmet.
W) Web 3.0 suggest an open future Internet in which different people and machines can interact with data, ideas, objects and each other without third party involvement. Something that would not be possible without AI and blockchain.
X) eXperiences — the metaverse platforms of the near present future will be using native in-game gamification advertising experiences in new ways that will integrate influencer, social media and interactive data quantified systems. Brands such as Coca-Cola, Samsung, and Volkswagen all have virtual billboards within video games like Football Manager and Hyper Scape. Platforms like the in-game advertising platform Bidstack revealed that these ads enhanced gameplay realism for 95% of players and increased purchase intent by 12%.
Y) Young and old will be part of the virtual worlds; we will expand into the Metaverse. All ages and social groups will be interacting in the metaverse new iteration of humanity that just started.
Z) Zeppelins and the Metaverse have a lot in common. Like in the age of the vast, ocean-crossing zeppelins, that came to an end in 1937, when the Hindenburg — the largest craft of its type ever built — erupted in flames while landing in New Jersey, we will see a lot of zeppelin Metaverse platforms. But as the technology evolves we, all of us, will definitely be living in Metaverse ecosystems.
How has metaverse transformed different industries? Study suggestion for more information:Top Industries That Will Be Transformed By The Metaverse
Dinis Guarda is an author, academic, influencer, serial entrepreneur, and leader in 4IR, AI, Fintech, digital transformation, and Blockchain. Dinis has created various companies such as Ztudium tech platform; founder of global digital platform directory openbusinesscouncil.org; digital transformation platform to empower, guide and index cities citiesabc.com and fashion technology platform fashionabc.org. He is also the publisher of intelligenthq.com, hedgethink.com and tradersdna.com. He has been working with the likes of UN / UNITAR, UNESCO, European Space Agency, Davos WEF, Philips, Saxo Bank, Mastercard, Barclays, and governments all over the world.
With over two decades of experience in international business, C-level positions, and digital transformation, Dinis has worked with new tech, cryptocurrencies, driven ICOs, regulation, compliance, and legal international processes, and has created a bank, and been involved in the inception of some of the top 100 digital currencies.
He creates and helps build ventures focused on global growth, 360 digital strategies, sustainable innovation, Blockchain, Fintech, AI and new emerging business models such as ICOs / tokenomics.
Dinis is the founder/CEO of ztudium that manages blocksdna / lifesdna. These products and platforms offer multiple AI P2P, fintech, blockchain, search engine and PaaS solutions in consumer wellness healthcare and life style with a global team of experts and universities.
He is the founder of coinsdna a new swiss regulated, Swiss based, institutional grade token and cryptocurrencies blockchain exchange. He is founder of DragonBloc a blockchain, AI, Fintech fund and co-founder of Freedomee project.
Dinis is the author of various books. He has published different books such “4IR AI Blockchain Fintech IoT Reinventing a Nation”, “How Businesses and Governments can Prosper with Fintech, Blockchain and AI?”, also the bigger case study and book (400 pages) “Blockchain, AI and Crypto Economics – The Next Tsunami?” last the “Tokenomics and ICOs – How to be good at the new digital world of finance / Crypto” was launched in 2018.
Some of the companies Dinis created or has been involved have reached over 1 USD billions in valuation. Dinis has advised and was responsible for some top financial organisations, 100 cryptocurrencies worldwide and Fortune 500 companies.
Dinis is involved as a strategist, board member and advisor with the payments, lifestyle, blockchain reward community app Glance technologies, for whom he built the blockchain messaging / payment / loyalty software Blockimpact, the seminal Hyperloop Transportations project, Kora, and blockchain cybersecurity Privus.
He is listed in various global fintech, blockchain, AI, social media industry top lists as an influencer in position top 10/20 within 100 rankings: such as Top People In Blockchain | Cointelegraph https://top.cointelegraph.com/ and https://cryptoweekly.co/100/ .
Between 2014 and 2015 he was involved in creating a fabbanking.com a digital bank between Asia and Africa as Chief Commercial Officer and Marketing Officer responsible for all legal, tech and business development. Between 2009 and 2010 he was the founder of one of the world first fintech, social trading platforms tradingfloor.com for Saxo Bank.
He is a shareholder of the fintech social money transfer app Moneymailme and math edutech gamification children’s app Gozoa.
He has been a lecturer at Copenhagen Business School, Groupe INSEEC/Monaco University and other leading world universities.