Good understanding of the "meta universe": everything has only just begun.

After Facebook, the world's sixth-largest venture capital firm, announced that it had changed its name to Meta,metagalaxiaThe concept of (metaverse) has become important. In fact, the meta world is nothing new. Almost 30 years ago, author Neal Stephenson wrote the word in his new science thesis "Snow Crash", and later Ernest Cline's new science fiction "Ready Player". We continue to promote virtual reality, the concept of allowing people to play from a distance. . noisy. In 2018, Steven Spielberg directed a new feature film.

Saum toj no: Metaverse social mention trend

But what is the global meta? How is blockchain-based meta edge different from existing meta edge? Why are the prices of virtual lands and Cryptos like SAND and MANA soaring historically? How is the blockchain meta-world affecting our way of life today?

Lee Hae won the advantage

The meta-world is an abstract concept and has a different meaning for everyone, regardless of the organization. However, we did agree on a few terms that the meta-world should include.

First, the metauniverse is a digital space, an augmented reality virtual connection that extends beyond the real world. It's also a place where people come together and share their experiences, including creating their own museums, displaying digital images, hosting virtual concerts, and more.

But maybe more importantly, there aren't many Metaverse, just one, the world combines different virtual worlds, digital formats, and collision services. In this space, the digital avatar can move in several virtual worlds.

So, now that the groundwork for the concept of the meta-world has been laid, it should be noted that the meta-world can be understood from two different perspectives.traditional meta-worldandBlockchain-based Meta Edge. The first addresses the principles of Web 2.0, a hybrid concept that now integrates games and relationships into an online reality, and the blockchain meta-universe follows the principles of Web 3.0 and uses blockchain technology to empower people. This is also the gist of the following points.

Blockchain-based Meta Edge

The resultsTHE T.V(Heterogeneous Tokens), people can have and use virtual assets as they wish. In a sense, NFTs are unique assets contained in the blockchain, providing ownership of digital assets. This is possibly the best that the blockchain meta-world brings. Tokens (or NFTs) of this type are avatars, names, toys, graphics or certain members (such as Boring Ape (NFT) from BAYC), virtual real estate, or many other terms. This can be used to raise awareness or use some DeFi contract). In this way, NFTs become the key to dealing with digital assets in the metaverse.

Use Fortnite as an example. It is one of the most entertaining games in the world and one of the most important metrics in the meta world. In "Fortnite", players can get skins to customize their characters, or swap weapons or items to improve the game. But the biggest limitation isAll assets are obtained by the user in the game not only by the user but also by the owner and managed by the core team., Epic Games company which developed these games. The characters of "Fortnite" are only available in the virtual world of this game. The same goes for platforms like Roblox, Minecraft, Animal Crossing or other similar games. Moreover, if the core server that stores these gaming devices goes down, players' assets and income will be lost forever.

On the other hand, in some casesBlockchain based gameOnce closed, the NFT toys associated with the game no longer exist, but the owners of those assets still have control over all assets, and their metadata can be reused in other work so that those assets retain their added value.

In the blockchain meta-edgeBy allowing landowners to acquire all of the items on the NFT, the citizens of the meta-world have control over all the assets they receive.. A digital number described as an NFT symbol can cross multiple virtual worlds. Skins, toys, and other digital assets can be traded, connected to another network, and even rented without a middleman to monitor these processes.

Currently, many groups in the blockchain industry are already exploring this type of interaction. For example, the NFT Loot project would allow communities to build electronic apps based on fake "Dungeons & Dragons" symbols and the pixelated meta-universe "WorldWide Webb3" would allow users to use CryptoPunk, Bored Apes ) and other NFT avatars to travel around the game world as shown below.

The image above is taken from the virtual world of "World Wide Web3".

NFTs give owners the flexibility to manage their assets according to their needs and preferences. Avatar, Game Accessories, and Everything Else NFT is part of the blockchain meta-world, but there are other NFTs that take the blockchain meta-world to a whole new level.virtual buildings(virtual real estate).

virtual buildings

Virtual home NFTs will be the most engaging part of the blockchain meta-universe. When these digital agendas come together,blockchain virtual world(BVW, Block Virtual World): A 3D virtual space that users can access by themselves. These digital programs give homeowners the freedom to build homes and receive justice while fostering human ingenuity and creativity. According to BVW, homeowners can create a wide range of digital homes.

Blockchain gaming platforms like Decentraland, CryptoVoxels, and Somnium Space appear to be linked, while platforms like Sandbox, Treeverse, and Ember Sword areReal Estate NFTIt offers the "Play-to-Earn" game. However, each of these platforms has a few exceptions, for example Somnium Space is a social gaming platform developed by integrating virtual reality (VR) technology with NFT, and CryptoVoxels is compatible with most avatar collections. NFT. .

Digital land use information

In some virtual countries, the metaspace population can create multiple digital homes, in others, virtual landscapes could become an integral part of game mechanics. For example, a landowner could become a guild blacksmith or reward their owner for additional mining investments.

Above: 3D Virtual Store from CryptoVoxels (left) and 2D Virtual Land from Axie Infinity (right)

Metaverse projects such as Decentraland, The Sandbox, CryptoVoxels or Somnium Space allow users to create virtual missions they have available. In most of these operations, only the developer develops limited skills to limit the unlimited investment of the platform.

Blockchain Virtual Worlds (BVW) have been attracting users and visitors for years. Entrepreneurs who get land in this virtual world can begin to create the space they have always dreamed of.virtual spaceSome examples are:

A library or museum is used to display NFTs and provide basic information.

A concert hall and meta-universe DJs can accommodate digital concerts.

business centre.

Experience the game on a platform like Sandbox.

Virtual stores and shops that can play an important role in the virtual market.

Casinos on platforms like Decentraland.

Advertising campaigns and billboards.

Stade.

......

Above: A virtual installation at Decentraland. Image source: NFTplazas

Digital Land embraces the creativity of the community,Real-time event hosting,Virtual goods market,NFT shows art galleryWhereearn money while playingvirtual space. Clearly, virtual real estate NFTs have added value rarely seen in other assets.

Strong demand for virtual real estate

Zuckerberg's comments that Facebook changed its name to meta has had an impact on the recent surge in the value of virtual real estate. However, there is no doubt that the digital realm itself has great potential, attracting investors and enthusiasts, and encouraging new investments in these assets.

For example, the sale price of two virtual land is one of the highest NFT prices for November of this year.Fashion street areaThe lot was sold for 618,000 MANA (approximately 242 million US dollars).L'intrigue d'Axie Infinity GenesisThese plans sold for 550 ETH (around $ 2.33 million). The figure below shows the top 5 NFTs for November of this year.

And the prices of virtual land are not an isolated case.. For example,SandboxThe average price of virtual land in China has increased by almost 500% since last November. The price of virtual land in November was $ 14,800, compared to an average of $ 2,500 in October.

A similar situation exists in other virtual world blockchains (BVWs). For example,DecentralandLand prices rose 116%, with an average exchange rate in November of US $ 25,000.CryptoVoxelThe digital real estate selling price is 25% higher than the October listing fee.

It is encouraging that such incredible development does not exist in the 3D world. By identifying the browser-based pixelated virtual world,triverseFor sale, similar results. Since September, the price of the virtual Treeverse land has increased an average of 256%, while the special price has increased by almost 100% at the time of the contract.

The table below shows the average growth rates of virtual land in CryptoVoxels (black line), Decentraland (red line), Sandbox (blue line) and Treeverse (green line) since the start of the year.

Above: Average price growth for virtual land in CryptoVoxels (black line), Decentraland (red line), Sandbox (blue line) and Treeverse (green line) since the start of this year. Source: DappRadar

It should also be noted.The demand for virtual land has increased.. Increasing demand often leads to price volatility, supporting the recent increase in virtual devices. This effect isSandboxThe highlight of the game is that from October to November, the number of trades associated with virtual fields increased by 421%. Likewise, the demand for other Blockchain Virtual World (BVW) virtual domains has at least doubled. The image below is from left to rightCryptoVoxel,DecentralandandSandboxGrowth of virtual real estate transactions in 3 Blockchain Virtual Worlds (BVW) from June to November of this year:

Above: CryptoVoxels, Decentraland, and Sandbox increased their virtual real estate trading volume from June to November of this year. Source: DappRadar

Finally and especially,The important role of virtual land on the whole NFT market.The lowest market capitalization of 100 NFT projects as of October of this year is around $ 16.8 billion, of which virtual land is only around 8% of market capitalization. Virtual real estate has reached a value of $ 4 billion and accounts for at least 25% of NFT's market share. Like the picture below:

Above: DTV market prices collected in the DTV sector since September (blue histogram) and NFT virtual real estate market value (red histogram) cash.

Due to the combination of resources and macro resources available in this digital space, virtual real estate has seen great success. The term renaming Facebook pays off, but it also affects how people perceive them to walk through the virtual blockchain world.

In addition to virtual real estate, cryptocurrencies specifically intended for or associated with Metaworld have also increased in value in recent weeks, as shown in the figure below.

industry-leading meta

The impact of the meta edge goes beyond the blockchain. By creating new sources of income and gradually developing new business models, it paved the way for new businesses.

Some of these resources are associated with virtual lands. For example, in Sandbox, the owner of the virtual project decides to create a virtual experience, and the visitor pays money to participate. Improve for others.

Above: Sandbox Virtual World Map, Location: Sandbox

However, the investment portfolio is not limited to virtual real estate. Virtual characters, props, and in-game items can all earn money. These organizations will create our own person-based incarnations of the blockchain meta-world. Used,The digital skin or clothing industry in the sports industry typically generates $ 40 billion in annual revenue.. So the window of opportunity for the meta world is huge.

Big brands, especially fashion brands, have noted this.. Follow the craze for the NFT collection last summer,Gucci(Gucci) etDolce & Gabbana(Dolce & Gabbana) and other fashion brands have also announced their NFT products. in August of this yearburberry(Burberry) As one of the first names in fashion to work directly with a true meta-space project. 2250 NFT launched on the virtual blockchain world Blankos Block Party, including avatars and wearables.

Last week, the latest news about another brand's release grabbed the headlines.Adidas(Adidas) has teamed up with Sandbox to enter the blockchain meta-world and become the first preferred partner of the 'play-as-you-go' platform. On top of that, Death Walk, Atari, Snoop Dogg, and others participated.

ancient cosmic population

The blockchain meta-world can not only open the door to new forms of virtual commerce, but also create new time waves and have a huge impact on our lives. In this case, the possibility of converting to a full-time paid job.

Expert Maison NFTVirtual real estate broker lossis investor, can act as real estate agent and real estate agent in the virtual world. Being aware of any changes affecting digital planning can bring you great benefits.

virtual space designerAdvertisements must also be extended. Providing services to virtual homeowners who do not have digital construction, whether building a complete house or completing designs, virtual developers must emerge.

DJ, music, event manager: Musicians and artists specializing in meta-space sports will be greatly appreciated.

Of course you mustthe developer. Whether it's drafting (smart) contracts, synchronizing the front and back end, or building full games, developers have general rules.

Enter the meta edgeShop and museum ownersor otherwise unexplainedmetaverse company.

Dao(Decentralized Autonomous Organization)This should be the model for business models in the meta world..Community and PR Manager, ConsultantAnd some announcements that need to be written as DAO will eventually flood the path to the meta-world.

“Play and win” playersHere is an existing letter. For example, in Axie Infinity, the owners of Axies (NFT pets) rent Axies to “scientists,” who perform gaming activities and operate useful gaming accessories to operate the Axies tools. These models allow both parties to collect certain amounts of income.

These are just a few examples of what future Metaverse operations might look like.The meta world is going to change the way we live today and can have a huge impact on how we interact, do business, and entertain.. In fact, the metaverse has already created an evolving market to meet the digital needs and preferences of the new generation of virtual communities.

But that's just the tip of the iceberg. The blockchain meta-world could turn our original reality into a different space, where Clone X (NFT), launched by CyberKongz (an NFT series based on 3D monkeys) and RTFKT virtual characters, dance with your blood- cold. You love virtual avatars until dawn in this virtual world.