What will happen in the meta universe? What to expect in the future?
As we mentioned before, the metaverse will unite all aspects of life in one place. While many people are currently working from home, you can enter a 3D office in the metaverse and interact with your colleagues’ avatars. Your job may also be associated with the meta universe, allowing you to generate income that you can use directly in the meta universe. In fact, this type of work already exists in a similar form.
GameFi and its “play and win” models provide a stable income stream for people around the world. These online jobs are great candidates for bringing the future metaverse to life as they demonstrate that people are willing to spend time living and earning in virtual worlds. “Play-to-win” games like Axie Infinity and Gods Unchained don’t even have 3D worlds or avatars. But in principle they can be a part of the metaverse purely as a way of making money in the online world.
What is the future of the metaverse?
Facebook is one of the biggest supporters of the creation of a unified metaverse. This support is particularly interesting for a crypto-backed meta universe because of Facebook’s Diem stablecoin project. Mark Zuckerberg has openly talked about his plans to use a meta-universe project to support remote work and improve the financial opportunities of people from developing countries. Facebook’s ownership of social media, communication and crypto platforms gives it an edge in combining all of this in one place. Other big tech companies like Microsoft, Apple and Google also aim to create the metaverse.
Further integration of NFT marketplaces and 3D virtual worlds seems to be the next step when it comes to crypto-backed metaverse. NFT owners can already sell their products from multiple sources in marketplaces such as OpenSea and BakerySwap, but there is not yet a popular 3D platform to do so. On a larger scale, blockchain developers can develop popular meta-universe-like apps with more organic users than a tech giant.
Although a single, unified meta-universe has a long way to go, we are already seeing developments that could bring this concept to life. The metaverse seems to be another sci-fi use case for blockchain technology and cryptocurrencies. It is still unclear whether we will reach the point of creating a metaverse. But during this time, we can experience metaverse-like projects and continue to incorporate blockchain more and more into our daily lives.
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