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What is the metaverse?

Combining the real and virtual worlds! This is the simplest definition that can be given of the metaverse. Different worlds where you can do anything. Metaverse

Suppose that while you are in Iran, you go to the cinema with your friend who lives in America to see Matrix 4. Maybe a few years ago, even by bringing up this idea, they would stigmatize you as crazy; But metaverses have made it possible to do things like this.

The problem is that we are dealing with a crude concept that is in the early stages of implementation! Therefore, reaching a single definition of what it is and what can be done with it is not easy.

In this article, we are trying to prepare an understandable definition of these new virtual worlds for you by gathering the information that is available right now and of course the metaverses that have been released so far. Also, if you like, you can listen to our (Radio Blue) podcast on the same topic.

When many people hear the name Metaverse, they think that they are going to choose a certain set. For example, a large percentage of people think that because Facebook its name to Meta has changed , then Metaverse will also be for Zuckerberg and partners; But the truth is that they are just trying to keep up with technology!

Right now, different companies have started to create their own virtual worlds and, so to speak, have created different metaverses.

So Metaverse does not mean a specific site or company! In fact, Metaverse is a new branch of technology that different companies are trying to use to create new virtual worlds. Facebook will be only one of these companies.

Now let’s be a little more precise in the meaning of this phrase.

What is the metaverse?

It was the first time in 1992 that the term metaverse was mentioned in a novel. Almost 20 years ago! The efficiency of blockchain technology and the emergence of cryptocurrencies and, of course, NFTs, were the backgrounds that brought this concept to the fore again after two decades. Now mankind is closer than ever to creating a dream world!

But why did it take so long to get close to this dream?! The answer is that technology had not advanced enough! It is interesting to know that in 1380, Dr. Jalali described the Metaverse in detail in a program on the Four National TV channel. In a part of their talk, they said suppose you are sitting at your house in Tehran and without moving from your place, you go to a store in Paris and do your shopping. After you are done, you go back home. All this happens while you haven’t even gotten up from your sofa! What a beautiful definition of Metaverse, that too 20 years ago!

Metaverse is a combination of virtual reality , augmented reality , 3D videos , etc. technologies. In order not to make the article too specialized, we will not go into the topic of what these technologies are. Just know that almost anything is possible in these worlds!

Depending on the metaverse you use, you can be anything you want . You can gather and chat with your friends at the ends of the world. It doesn’t matter anymore if one or more of them emigrated a few years ago.

You can hold your business meetings in a completely real space, but inside your home. You can go to the concert of your favorite singer on the other side of the world, without leaving your bedroom.

A very attractive thing about Metaverse is the open hand of the creators in providing creative designs. Creativity that is hard to even describe with words. It was a year ago that Travis Scott performed a virtual concert in Fortnite. Watching this 10-minute performance will help you understand that there is no end to creativity.

 

Games are a very important part of the Metaverse world . In fact, it can be said that the first successful metaverses that were implemented were also games. For example, the same Fortnite that hosted the first virtual concert in the history of mankind.

How to enter a metaverse is also a topic that we need to address. Currently, most of the available metaverses are traditionally available through monitors; But the future is not far when the use of virtual reality glasses will be more widespread than now and presence in metaverses will be done through them. Maybe another technology will come that does not exist at all now.

Another very important thing about metaverses decentralized nature is their ! Simply put, the ownership of this world is not in the possession of a person or group. All users are members of the owner group.

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In order to feel comfortable that we have managed to convey the concept of the metaverse well, let us summarize this section in a few sentences.

worlds Metaverses are different decentralized that combine the virtual and real worlds of humans. Everything that was limited to the physical world before them can now be done in the metaverse. Activities such as working, spending time with friends, watching the latest movies of the day, participating in various events and everything you can imagine!

Well, we can’t talk about Metaverse without mentioning the third generation of the Internet!

What is meant by Web 3.0?!

Now that we are writing this article, influential people in the field of technology, such as Elon Musk and Jack Dorsey , consider it impossible to implement the third generation of the Internet, or Web 3.0! Especially Musk, who tweets mockingly about this issue as always! But what is this third generation of the Internet?

To put it very simply, other mega-companies like Google, Facebook, Apple, Amazon, etc. will not have everything! Everything is going to be decentralized. Previously, in the article What is Blockchain , we talked fully about this technology and the meaning of decentralization. If your information about it is incomplete, definitely read this article!

Now and in the second generation of the Internet or Web 2.0, we can use the services of big sites such as Google, Facebook, Amazon, etc. for free; Of course, they claim that their services are free, but the reality is something else. We provide them with the most valuable assets. data! They then provide (read sell) this data to advertising companies, and thus, targeted advertising is created!

Although no one yet knows exactly what the third generation of the Internet will look like, everyone agrees that it will no longer be possible to abuse data in the way it is now possible.

The third generation of the Internet

So far, you have realized that the advancement of technology has made the dream of virtual worlds or metaverse come true. The first issue related to such worlds was the discussion of money and payment of expenses, which cryptocurrencies solved this problem. If your knowledge is 0, or as the school teachers say, you want to strengthen your foundation, we recommend reading the article Crypto guide for beginners   .

Also, the development of blockchain and its use has helped a lot in this matter! Because blockchain makes decentralization possible; That means ownership and decisions will not belong to one person or group and all members are involved in important decisions.

Learn more:   Most of the metaverses built or under construction have two types of currency . One is the common currency in the Metaverse environment and the other is the sovereign currency or so called DAO! The first type used for in-game use. The second type is like company shares. By providing DAO currencies, you both have a voice in decisions and can profit from the possible growth of the game and the subsequent price growth of the sovereign currency you hold.

Another thing that brings the metaverse dream closer is NFTs!

NFT guarantees your ownership!

When part of your life is going to be spent in a virtual world, the issue of ownership becomes very important! First of all, you have a special avatar, in the next steps, you prepare clothes for your avatar, depending on the type of metaverse, you prepare different equipment for it, from sports equipment to musical instruments, transportation equipment, and even a house. In fact, everything you have in the real world can be Have a virtual world too; But when you buy a piece of land in the real world, you get a deed that guarantees your ownership! In metaverses, this guarantee of ownership is provided by NFTs.

It is better to read the article What is NFT   to fully understand this concept and its subtleties; But for those who don’t have the patience, here we review its meaning very briefly.

NFT stands for Non-Fungible Token ; It means irreplaceable token! Anything can become an NFT. You can even convert real-world objects into NFTs and claim ownership of them in virtual worlds. In the case of metaverses, usually anything you earn or get rewarded for doing certain activities will be transferred to your wallet as NFTs and fully owned by you.

In this case, not even game developers or Metaverse can take over your NFT; At the same time, you will be able to sell it in special marketplaces and of course buy other NFTs.

So, blockchain, cryptocurrencies, NFTs, the third generation of the Internet, decentralization, etc., are all things that, together, have made it possible to build metaverses.

What is the metaverse?

We are still at the beginning! Maybe we haven’t moved forward one station; But many Metaverse projects have already been implemented or are going to be implemented soon. In the next section, we will talk about some of the most famous of these projects.

5 of the famous Metaverse projects at the moment

As we said at the beginning of the article, the excitement around Metaverses is mostly due to Facebook rebranding and changing its name to Meta; However, this collection has not yet provided any platform to act in this direction, and most of their actions have been propaganda so far.

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On the other hand, some companies have already exposed their metaverses to the public. In the following, we will introduce you to 5 of the most famous of them.

Disclaimer: The projects presented are not financial or investment advice! Obviously, you have to make the right decision to invest or not to invest by yourself by thoroughly researching and collecting the necessary information!

1- Decentraland

is probably the oldest site and collection in this field Decentraland . They started their activity in early 2020 to build a metaverse and now many users Decentraland logoThere are many members on this site.

In Decentraland you can buy land and build your desired structure in it! For example, you can create your virtual store and sell your products to customers online.

One of the common uses of this feature is for artists who place their artwork as NFTs in a virtual gallery for viewing. When a visitor likes an item, by clicking on it, they will be taken to a sales link on Opensea or any other NFT marketplace, and can pay with the designated cryptocurrency.

Decentralized land is currently very expensive. on this platform, worth more than 2 million dollars Not long ago, a piece of land was traded ; But you don’t necessarily need land to explore this world. You can create a character for free and enjoy various mini-games in it. Even for free users, it is possible to earn money in different ways.

In addition, Decentraland on the Ethereum blockchain . is located

2- Sandbox

Another metaverse that has recently made a lot of noise and has become popular is Sandbox ! A game platform whose cheapest fields now more than 10,000 dollars. cost Sandbox logo

Before entering the field of metaverses, they had released two games with the same name in 2012 and 2016. Now, with the fever of metaverses, the production team of this game has stepped into this arena with all its might. This metaverse, like all metaverses and the nature they should have, is decentralized . For this reason, the creators of various games can use this platform’s potential and high capabilities to make games that have a larger audience by taking advantage of their creativity. A very competitive environment!

The tools that Sandbox provides to its users are so useful that even beginners and newcomers to the world of codes can easily create their desired game.

Like any other metaverse, the ownership of all things in this world is determined by NFT. Marketplace Sandbox also provides the possibility of buying and selling NFTs.

Sandbox, like Decentraland, is located on the Ethereum blockchain.

3- OVR

The difference between OVR and other metaverses is limited is that its world ! For example, the creators of Decentraland can make their world map bigger! The sandbox team can do the same; But OVR logoOVR will not be able to do this!

OVR is a virtual, digital layer drawn on the Earth. A layer consisting of 1.6 trillion octagons, each of which is known as a Land. Surely you have understood the reason for the limitation of OVR lands! Since the basis of this world is our own beautiful planet, it will not be possible to expand it.

One of the goals of OVR creators is to expand virtual stores! For example, suppose it is Friday afternoon and you are walking on Valiasr street in Tehran. You arrive at a luxury watch store and despite your inner desire to enter the store and see its watches, you cannot do it; Because the shop is closed. If the store owner has prepared his shop floor in OVR, the customer can take out his mobile phone from his pocket and browse the store by entering the Metaverse application. Even if you want, it will be possible to order and buy products.

Up until this point, most of the focus of the OVR team and their Metaverse on Augmented Reality, or AR has been . Of course, keep in mind that OVR is still at the beginning of the road and the manufacturers are aware of this.

It is interesting to know that the OVR team claims that in the not too distant future, people who do not get land in this metaverse will regret it very much!

Like the previous two, OVR is located on the Ethereum network!

4- Bloktopia

The diversity of metaverses has led to the emergence of specialized worlds. Now, the world of cryptocurrencies is an independent branch that has its own unique activists; From exchanges to all kinds of projects Blocktopia logoThey are designed for a purpose and have their own currency.

 Bloktopia is a virtual tower that rules the order of the crypto guild! Like a specialized passage! The number of floors of this tower will be 21, in respect of the 21 million bitcoins that will be mined in the end. This metaverse has not yet been officially launched and it is not possible to use it! But big influencers such as Binance , Kocoin , Coin Market Cap , Solana , etc., have now bought properties on different floors of this tower.

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For example, suppose you want to buy a cryptocurrency from the famous exchange Binance. You can enter Blocktopia and do your business using the store (or rather property) of this exchange. Or, for example, if Solana plans to hold a special event, you can be one of its participants through this metaverse.

Since there is no public access to Blocktopia yet, no further information is available! In addition, this crypto tower on the Polygon blockchain. is designed

5- Star Atlas

Definitely one of the most amazing metaverses to come is the Star Atlas on the Solana blockchain! project built Star Atlas logo

All four metaverses we’ve introduced so far have built worlds on Earth, but this project gone further and entered galaxies has . In Star Atlas you can have your own ship and fight with others. You can go to different planets and by extracting different materials, you can get rewards for the currencies of this game, namely Star Atlas and Polis.

The most important thing about this metaverse, or rather the game, is its stunning graphics using the Unreal Engine 5 in 2023 , which is going to be released graphics engine! Be sure to watch the trailer of this metaverse on YouTube to be blown away!

3 races of humans , aliens and robots are the users of this game.

As we said above, Star Atlas is designed on the Solana blockchain!

But one of the main reasons that leads everyone’s mind to metaverses is the discussion of investment and profit!

How is it possible to make money from Metaverse?!

Almost anything related to cryptocurrencies has the potential to be profitable . Metaverses are no exception to this. Since the public of these worlds and the nature of the metaverse as a whole and its acceptance by the general public are in the early stages, there is no stable and reliable type of income through them