Thread by @daolectic

The Metaverse - ULTIMATE 🧵

#Metaverse, like #Blockchain, is a word that is becoming more popular but is hardly fully defined.

The intersection of self-sovereignty, limitless networks, VR/AR, data, commerce, #tokenomics, and other concepts is still evolving.

Interested? 👀👇🏻

1/The next big step as an interconnected society is here:

7 billion digital minds capable of living almost fully online and contributing to a society influencing virtual economy

Imagine it.

@daolectic attended the @Everyrealm course on #Metaverse & NFTs

Get ready for it! 👇🏻

2/When Facebook released its @Meta makeover, the #metaverse soared in popularity (and its aim of building its own metaverse).

@Google trends come in our help📈

In the metaverse and #web3, we are presently aiding various new businesses

However, what is web3 compared to 1 & 2?

3/#Web1 -> open, community-governed protocols. Most value went to the network's edges (users & builders)

#Web2 -> corporate-run segregated services. Most of the wealth went to @Google, @Apple, @amazon, & @Meta

#Web3 -> #tokenized internet controlled by creators and consumers.

4/@janineyorio, @Everyrealm CEO, introduced the #metaverse as:

1. #Immersive as it enables users to go from 2D to 3D virtual worlds using AR, VR & crypto

2. #Interactive

3. #Social

It is a #network of linked experiences & services, devices & items, resources & infrastructure.

5/@ballmatthew, a recognized #metaverse expert and influencer, wrote a long-lasting primer about this incredible world.

We recommend you to take some time in reading it;

matthewball.vc/the-metaverse-…

In the meantime, here you find his own definition of #metaverse👇🏻

6/The #metaverse has a lot to offer to people of different backgrounds and interests.

In a late-2021 survey of 🇺🇸 internet users, moreover as stated they would join the metaverse to benefit from #virtual workplaces and networking.

7/The #Metaverse allows you to enter a virtual environment without using a computer.

➤#AR and #VR are required, coupled with phones and haptic gloves,

➤The virtual environment might be utilized for business, play, concerts, movies, or simply hanging out with friends

8/How blockchain is linked with the metaverse?

@Anne_Connelly and Elizabeth Strickler introduce to the whole audience the concepts behind #blockchain & #NFTs, explaining which are their roles within the #Metaverse technological infrastructure. 👇🏻

9/ Through #NFTs, #cryptocurrency is establishing the groundwork for a self-sovereign financial system, an open creative economy, and a universal digital representation and ownership layer.

More time spent online will result in more digital value being generated and consumed.

10/To invest time and money in #virtualworlds, people must believe in their long-term economic sustainability.

#Decentralized networks provide a degree of trust and benefits that are unmatched.

People seek new ways to trust institutions because they no longer trust them.

11/ @SomniumSpace is a #VR platform driven by #blockchain.

➤Users can create, import #NFTs, and explore scenes.

The creator @ASychov can bring you into a special journey, where your avatar can wear the latest designer suit as #NFT, having fun with the other users!

12/According to @todiba, the #metaverse opens up new digital frontiers for consumers and companies

➤fully accessible to consumers, producers, & businesses

➤brands can establish a new economy thanks to a future of interaction, developing new income streams in a virtual world

13/ Virtual real estate & land ownership are major frontiers:

➤Thanks to #blockchain, users may buy & sell #land in metaverses

➤People believe this #virtual property is worth paying for

➤Ownership indicates a commitment to the #metaverse

➤Its expansion brings engagement

14/What about other main trends in #metaverse?

➤#Gaming - Games will become increasingly #immersive (location-based, social, and interactive) and produced by a large number of people

➤Education & Learning

➤Work collaboration

➤Fashion

➤Live music

➤Phygital experience

15/Last, but not least:

@CathyHackl is the profile you MUST follow to learn and embrace your #metaverse journey.

without her, we wouldn't be here to write you about @Everyrealm academy.

Check out this speech 👇🏻

16/ To conclude:

The #Metaverse: the New Era of Social Interaction and Communication

➤It comprises numerous layers, each vital to the development of this new ecosystem.

➤A broad spectrum of business players will be able to prosper in the future.

pic credits @ballmatthew

➤There will not be a dominating #metaverse, but a multiverse is quite plausible (multitude of metaverses)

➤To realize the multiverse paradigm, it will be required to be able to switch from each metaverse

➤the market will take 2/3 y to digest this new technology & embrace it

17/@Everyrealm just closed a stunning Series A investment seed including prominent figures in the space.

They are one of the major actors in #metaverse!🚀💫

https://twitter.com/Everyrealm/status/1491947197595893761

18/ Check out our latest medium post through the link in our BIO.

You will find more details, statistics & insights on the #metaverse

Exit the comfort zone, enter the metaverse!

@janineyorio @CathyHackl @TJ_Kawa @Everyrealm