Thread by @Alexandre_NFT7

🧵Thread Metaverse :

1/17

The metaverse is becoming a huge trend lately. Everyone is talking about it, yet its definition is still evolving. No one can explain for sure what the metaverse actually is or what its future will be.

2/17

Before understanding the metaverse, it is essential to understand Web3. Web3 is simply an interacting internet where you can OWN digital assets called tokens. They can either be fungible (Cryptocurrencies) or non-fungible (NFTs)

3/17

Now, let’s carry on with the metaverse. Even though it is commonly described as something complex, it is just a logical consequence of technological evolution: The moment in time when the digital world matters more to us than the physical one. Follow me on this one:

4/17

1900: Our attention was 99% focused on the physical environment.
1970: The physical attention dropped to 85% and 15% went to TV
2005: Continued to drop to 70% because of computers
2020: Nowadays, it’s conservative to say that half of our lives are immersed online.

5/17

Let's take the art example again: You live in Paris and your girlfriend lives in NY, meanwhile, your favourite artist, Takashi Murakami, is having an exhibition in Tokyo. Thanks to the metaverse, you can now connect at the same time and visit the exhibition together.

6/17

Now imagine that it's your mom's birthday, yet, for some reason, you find yourself on the other side of the world. Due to the metaverse, you can imagine a concept where you have the same food or at least the same ingredients delivered to you.

7/17

For instance, with a restaurant in the metaverse, you can have dinner with your mom and have the experience of interaction via avatars. Of course, it's not the same as reality and it will never replace it, but it's a better option than facetime.

8/17

As you can see, these principles are mainly applicable to all entertainment activities. The idea is not to replace the real world, it is to propose an extension of it. It is not because the knife cuts that it was invented to kill.

9/17

Now let's talk about the aspect that I think will drive the metaverse the most: The professional environment: Since covid, work from home has been democratized throughout the world. Many companies do not even have offices anymore.

10/17

So being able to connect with everyone through a virtual space would make perfect sense. The aspect of loneliness would be much less present and with the use of VR glasses, one could even imagine disconnecting from reality.

11/17 The same applies to marketing. Today, a brand wanting to establish itself in Africa would have to spend huge amounts of money to do it.

12/17

However, with the metaverse, it would be enough to install a playful experience on the internet to attract a mass of users and transform them into consumers. As food is a concern there, offering rewards through experience in the form of food would be relevant.

13/17

Moreover, with all the developments, the MAANGs are investing massively in the metaverse. The market, estimated at $758.6 bn by 2026 according to reportlinker, could lead to many people owning VR glasses. Digital attention could keep growing to be at least 85%.

14/17

Many people may find this worrying in some ways however, I believe that we must build this world being aware of its risks and benefits.

15/17

With the right accompaniment, The number of opportunities for education, technological and professional development, and access to knowledge are enormous.

16/17

The metaverse is not something that has been built in one year, but the continuation of what has been in place for the last 20 years, what the Internet was meant to be.

17/17 The greatest aspect of the metaverse is that we are still in the minitel stage. At this moment ABSOLUTELY EVERYTHING has to be built. In my next thread, I will explain how to participate in its construction.

Thanks for reading the thread, feel free to RT, Like & Follow or let me know what topics you want me to cover.

#NFT #Metaverse #Meta #Web3