10 Ways How Metaverse Will Change the World
Multiple metaverses have been created by leading companies such as Facebook and Microsoft. Facebook (Meta) alone is investing $10 billion and hiring 10,000 new employees.
Metaverse is a virtual-reality space wherein you will interact with a computer-generated environment.
Time is fast approaching when different metaverses will be linked together. It will allow you to carry digital assets and avatars from one metaverse to another.
Here I will explore 10 ways how metaverse will change the world soon.
1. E-Commerce Will Merge with Physical Buildings
The metaverse will change the traditional form of shopping and allow you to walk through the physical building without leaving your home.
Since companies will set up their physical stores in the metaverse, buyers will shop there. Company owners will hire web developers to create stores for them.
The shopping center and malls in the metaverse that attracts more buyers will be more expensive.
Metaverse world will allow you to enter different physical stores while sitting in sweet trousers from the comfort of your home.
When you visit any store in the metaverse, an avatar of an actual salesperson or 3D AI will meet you. In the shopping center, you will “walk” around and look at displays and buy the products that will be sent to you in the real world.
2. Cryptocurrency and Metaverse Will Go Hand in Hand
When shopping in the metaverse, you will use cryptocurrency. You will be able to buy from any company based on metaverse around the globe.
Most stores will accept all major cryptocurrencies, and users will not lose transaction fees. Buyers will freely travel throughout the metaverse with their cryptocurrency wallet and purchase services and products with instant transactions.
3. Digital Real Estate
Companies and individuals are now purchasing digital “real estate” in the metaverse just as they have been purchasing 2D web domains since 1985.
Some real estate is being sold for millions of dollars. That is why some people are now purchasing these digital assets as an investment.
Just as people buy real estate in areas they think will prosper, buyers purchase these digital lands that will get more traffic.
As owners of digital real estate, buyers aim to construct things on digital land. Some will rent out their digital property, while some will set up digital stores where people will teleport and shop.
4. Events and Concerts Will Occur in Metaverse
Events, concerts, and even parties will take place frequently in the metaverse.
For example, virtual reality headsets and advanced graphics technology will make you feel you are at a real-life concert.
Your favorite singer’s avatar will look larger than life. Not only will you enjoy the live music in crystal clear sound, but you will also be able to sing, chat and dance with participants next to you.
5. Metaverse Will Make Video Calls Real-life Like
Video calls are a vital way for friends and family to stay connected when they can’t be together for some reason. For example, during COVID-19 lockdowns, video calls are the best option available for the family and friends to see and interact with each other.
Technology in the Metaverse will enhance the experience of video calls to the next level. Not only will you be able to meet your friends and family but also play games, play musical instruments and chat together face to face.
You will be able to meet your best friend living in another country and spend the evening together. All you need is to own your house in the metaverse where you can meet your family and friends and break distance barriers.
6. Dining Out Without Leaving Your Home
Metaverse will allow you to go out and dine out without leaving your home. There would be metaverse-based restaurants, public places, cafes, and surreal areas where you will be able to spend time with your family and friends, even if they live in another city or county.
Some metaverse-based restaurants will be connected to food delivery services. You will go to the restaurant, look at the 3D menu, choose your favorite food item, place the order and pay in cryptocurrency. Then, your order will be delivered to your doorstep.
7. Business Meeting will occur in the Metaverse
Since COVID- 19, online meetings have become the norm. Business meetings are happening by video conferences.
Metaverse is going to play a vital role in the business world. Bill Gates expects that in near future most business meetings will be held in the metaverse.
With metaverse, companies will save thousands of dollars and precious time spent in travel and sit face to face inside metaverse-based offices.
Furthermore, metaverse will give you the liberty to leave your office and hold your business meetings in pleasant natural environments. For example, metaverse will allow you to hold a meeting at your favorite resort, at the peak of the mountain, or at the bottom of the ocean.
8. Classroom inside the Metaverse
After COVID-19, e-learning has skyrocketed. Most e-learning occurs through video calls. With the coming of the metaverse, learning through videos will become a thing of the past.
In the metaverse, classrooms will have almost everything that a real classroom has. Students will write through virtual pens and write on virtual keyboards.
In the virtual classroom, students will be able to raise their hands, ask questions, and the teacher will be able to interact with the students like in the physical world.
9. Immersive Learning
Metaverse will allow you to enter an immersive world where you can get closer to what you want to see and experience.
For example, when visiting a museum in an immersive world, you will be able to read about the facts of planets orbiting around you.
In a zoo, you will see the representations of dinosaurs while walking among them and experiencing 3D 360° views.
10. Job Training inside the Metaverse
For many years, astronauts and pilots have been using virtual simulators to get safer and cheaper training.
In the metaverse, various life-like simulations will help the heavy and complex industries to train their employees.
For example, industries like medical, construction, police, and firefighters exposed to dangerous situations can greatly benefit from the metaverse.
Conclusion
In short, although metaverse is at the initial stage, technology such as AR, VR, and 3D graphics has the potential to transform our lives for the better. Metaverse will break the barriers of distance and allow us to be present everywhere in the world without leaving the comfort of our homes.
