If the metaverse is the future, what is the future of the metaverse?

The idea of ​​the metaverse first surfaced in 1992 while researching the new novel "Avalanche" by Neil Stephenson, but only recently became popular. Capital investment is fueling industry craze, tech giants are leading the way, curricula are pushing... Is it a metaverse investing game or a tech difference? In order to "recognize" the metaverse, the article specifically specializes in warnings from the "cosmos view" of the metaverse to interpret the most popular terms from multiple angles.

The Metaverse is undoubtedly one of the most talked about technology ideas in 2021. As we enter 2022, news about the Metaverse continues to heat up and the industry is still on the lookout for ideas. Now, some technology companies and investments are not only beneficial to the development of the metaverse, but also play an important role in cities such as Shanghai, Wuhan, and Hefei which have promoted the better functioning of the metaverse. So, what are the prospects for interest in the Metaverse in the capital markets? What kind of "attitude" would make metaverse development appear at the forefront of the world? Will there be a big impact on businesses and people like the Internet?

Our current consensus

Recently, a new concept called metaverse has appeared several times in government documents. Wuhan and Hefei also included the Metaverse in their 2022 government statement, and Shanghai explicitly stated that it will strengthen future technology R&D in the "May 14 Plan" to improve the electronic data industry. In the future industrial electrical system. At the same time, tech giants such as Meta, Microsoft, ByteDance, Tencent, and Huawei are constantly evolving to cater to the Metaverse segment.

Although now the external perceptions of the concept and properties of the metaverse are still changing, it can be seen from the attitude of government and corporations that the consensus is formed by optimism for the future metaverse. As for the future, our expectations for the metaverse are key right now.

First, in terms of big business, there are many of the most prestigious international conference organizations that have announced their hopes for the future big business of Metaverse. For example, PricewaterhouseCoopers estimates that the giant Metaverse market will reach $1.5 trillion by 2030, and Bloomberg estimates that the giant Metaverse market will reach $2.5 trillion by then. future by 2030. Additionally, Metaverse will lead and expand major markets in other developing industries.

Second, from a market innovation perspective, Metaverse's market innovation vision includes two factors. The Metaverse would violate the physical laws of the real world as we know it and favor the tech industry in new ways. Additionally, Metaverse will work with tight integration of different industries to transform and refine industries impacted by new design and innovation.

Finally, in terms of application, the metaverse application is currently only in the field of sports and entertainment, and the application in other fields is relatively weak. In the future, as the continuous development of Metaverse technology production and industry development, the potential of its application will gradually expand and deepen. For example, the metaverse can be very useful in public relations management, public service, and other areas.

5 The machine is stable for the future

With the continuous development of application scenarios, the future metaverse will evolve into a massive, highly open and dynamically optimized complex system. The system will be integrated by developers from different disciplines including cyberspace, hardware terminals and multiple enterprises and users to ensure a wide range of virtual reality application scenarios and disclosed as an external component of a large digital application. . In particular, the metaverse, which has achieved stable activity, is generally composed of five elements.

First, the technical process. Like the widespread use of many digital technologies, Metaverse technology will reveal the main features of integration. Meanwhile, technology processes for metaverse operations include deep user penetration of technologies such as augmented reality (XR), digital twins, blockchain, intelligence.lie, etc. to accomplish the usual tasks of the metaverse scene. On the other hand, the metaverse will have to handle multiple functions, the technology process of the metaverse will be linked to different types of technology industry, and the technology industry will become part of the metaverse technology. .

Second, the communication system. As data technology continues to evolve, enhanced relationships will become more integrated and the process of expanding metaverse integration with relationship connection. Metaverse connections are generally divided into two parts: internal connections and external connections. Internal connections are connections between different applications in the metaverse process, and external connections are connections between the metaverse and the real world.

Third, the content system. Through the integration of visual simulation points, facilitating the transfer of data from a two-plane space to a three-dimensional space, future data input will be more focused and exchanged efficiently, improving the user experience of realism, availability and baptism. , an in-universe content system that greatly extends and enriches metadata. There are two main types of content in the metaverse: one is to present extensive three-dimensional online content, such as entertainment, business and services, and the other is to create videos about the pursuit of cultural and industrial creativity in the metaverse. The birth of new concepts, creating a virtual world.

Fourth, the economic system. Metaverse marketing is a new type of digital marketing in which real and virtual markets are strictly regulated and have the characteristics of traditional, comprehensive and frequent occurrences. The commercially functioning metaverse economic system has four main components:; Business model, Metaverse will have a variety of joint venture models such as decentralized finance (De-Fi) and non-fungible tokens (NFT). A safety system that guarantees safe, secure and user-friendly operation.

Fifth, the law. As the protection of the law, we can solve many of the problems that will arise from this new metaverse and promote better development. Metaverse legislation consists of at least three sections: first, the reconstitution and revision of current law to establish the basis for self-government of virtual organizations, and second, business law, payment, information and business security. and the relationship between the third is the laws and regulations relating to the external considerations of the development and implementation of the metaverse.

Our values ​​affect the horizon

Regarding the state of technology, the metaverse is a continuation and continuation of the real world into the digital world, the use of technology to improve ourselves with an environment in which we live. According to industry estimates, more than 90% of future activities, such as research, education, entertainment and communications, may be metaverse, so metaverse and the Internet is important, which can be beneficial. economic and social .. The development process has major implications at three levels: macro-society, middle income and minority.

First, the metaverse will change the way people design and manage. Meanwhile, Metaverse will strengthen advanced technology, facilitate the transformation and completion of existing workflows, support the development of large-scale collaborative processes, and improve the relationship between production and the use of quality resources. Meanwhile, the metaverse will facilitate the digitization of relationships, and the smart change will actively promote the construction of smart cities, build public capacity and manage the human crisis, and improve the performance and level of health management.

Second, the metaverse will promote transformation, innovation, and improvement in the technology industry. Compared to today's Internet applications, future metaverse applications will have a greater impact on productivity. The development of the Metaverse will accelerate the application of visual events in a wide range of industries, and technologies such as digital twins and mixed reality will be increasingly used in this application chain, in addition to the revitalization organization and restructuring of the business model. Accelerate the digitalization of information industries and platforms of industrial organizations. , leading to new economic changes. At the same time, Metaverse will play a role similar to the Internet, continue to improve the growth model of existing industries, promote and develop new emerging markets, and stimulate the rapid development of business models.

Finally, the metaverse will create a new address for people. The metaverse situation is driven by the use of technology and industry demands, which can lead to human change. As the application scenarios and scope of the metaverse continue to expand, more people, jobs, and lifestyles will occur in the future metaverse scenario, such as purchases , entertainment, social relations, education, work, etc. The metaverse will become an integral part of people's daily lives. In the future, the real world and the digital world represented by the metaverse will deepen, and people's ideas, thoughts, and attitudes will continue to change.