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.
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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)
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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:
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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%.
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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.
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With the right accompaniment, The number of opportunities for education, technological and professional development, and access to knowledge are enormous.
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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.
To continue on my first thread explaining the project of @_Qubic_ made by @c___f___b. Now, I will dig deeper an d explain to you why I believe the IPO and burn system is just GENIUS.
Make sure to save the thread to get back to it later!
🧵1/🌐 Qubic's IPO System: A Closer Look
@_Qubic_ has developed a distinctive process for integrating new protocols into its ecosystem. Each protocol goes through a comprehensive review by a consensus of Qubic participants before its launch, ensuring high-quality projects.
2/💼 IPO Mechanism, Part 1: Project Validation
Each new project wanting to join the Qubic network goes through a community referendum. A contract only moves forward if the majority agrees.
Once approved, the project is split into 676 shares.
Wondering if it's all about the hype or rooted in strong fundamentals?
I've spent hours analyzing it, so you don't have to. Bookmark this thread to easily refer back to it later.
👇👇
🧵1/4 SingularityNET Overview:
Let's analyze @SingularityNET with its $AGIX token - a blend of AI and blockchain. It's setting a new paradigm in decentralized AI services, offering a marketplace that's reshaping AI utility and accessibility.
🧵2/4 My Insights:
SingularityNET's team, known for their prowess, steered it to a 10x growth in 2023. It's an intriguing mix of AI tech innovation and practical market application, still in its growth phase but showing strong potential.
First, you're definitely going to want to bookmark this thread. Trust me. In the end, I will share my watchlist.
AI is all around us, in web2 already, from tech in our smartphones to innovations like ChatGPT. Now, it's AI's turn to break into web3. This trend isn't mainstream yet, but it's heading there, and you DON'T WANT TO MISS IT.
Two reasons to get into AI web3: The chance for significant financial gains (dreaming of that x100?), or a passion for cutting-edge technology. Either way, the time to act is NOW. Don't fade it.
Why are AI and web3 such a perfect match? Think about the efficiency, advanced data analysis, and automation AI brings to blockchain technology. This could be a game-changer in transactions, smart contracts, and more.
Remember the DeFi craze? The rush for Play-to-Earn, followed by the Metaverse hype? Each trend brought a wave of new millionaires. Now, it's AI's turn. This sector has huge potential in the crypto world.
In this fast-paced web3 environment, it's all about being quick on your feet and looking ahead. These AI-driven projects offer a range of outcomes - from soaring successes to potential downfalls. Some might skyrocket, potentially bringing returns of x100, but others could crash to zero. Always remember: DYOR and have good risk management.
A few months ago, I took a chance on one of these AI-driven projects and now, it's up 25x. But this is just the start. Starting tomorrow, I'll be sharing insights on each of these projects, one day at a time:
Most of these projects are still super early! (as early as a few millions of market cap). If you're feeling overwhelmed by all the technical details and market analysis, just follow me and turn on notifications. I'll be breaking down these AI-driven crypto projects for you, one by one, starting tomorrow.
That's all for now! If you've found this helpful, show some love with a comment or RT.
Contrairement aux idées reçues, les NFT ne sont pas seulement des JPEG spéculatifs qui disparaîtront demain. Les NFT sont bien plus que cela, et voici quelques opportunités qui le prouvent :
1. L'industrie du luxe :
Un NFT est un actif numérique enregistré dans la blockchain. En tant que tel, Il dispose d'un historique sans faille de toute son existence. Imaginons maintenant que vous achetiez une Rolex ou un sac Chanel d'occasion.
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Produire un faux certificat est simple. Mais si Rolex a émis un NFT lors de la vente initiale, vous pouvez maintenant demander le NFT en même temps que le rachat de la montre, ce qui vous donnera un certificat authentique et l'historique des achats fait sur la Rolex.
I decided to make my first thread, as many people have a misconception about NFTs: Contrary to common belief, NFTs are not just speculative JPEGs that will disappear tomorrow. NFTs are much more than that, and here are some opportunities across various industries that prove it.
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1. The luxury industry:
An NFT is a digital asset registered in the blockchain. As such, we have a seamless track record of its entire existence. Now, let's imagine If you were to purchase a second-hand Rolex or Chanel bag.
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You could be lied to with fake certificates and buy a fake product. But if Rolex issued an NFT at the original sale, you can now request the NFT at the same time as the watch purchase, which will give you an authentic certificate and the history of the Rolex's purchases.