The latest advances in technology will see several upcoming changes in the Metaverse in 2023, and we will be taking a look at some of the biggest developments right here.
Some of the changes we can expect over the coming months will include things like more Metaverse events, a huge improvement in augmented and virtual reality technology, better cloud computing and data science, and even things like virtual art galleries. There’s lots more coming, so let’s dive right in.
What is the Metaverse in a nutshell?
So exactly what is the Metaverse? Quite simply put, it’s a virtual environment or world that exists online. It can be likened to actual cyberspace, where humans can experience a new form of socialising or the hypothetical iteration of the Internet as a single universal. People can interact and hang out with each other in the Metaverse. You can do pretty much anything in the Metaverse that you can do in the real world, such as shopping, playing video games, going to the cinema, attending concerts, going to art galleries, getting an education, and so much more, and the list goes on.
If you’re looking for a more literal translation, the word ‘Meta’ is simply a prefix meaning ‘transcending’ or ‘more comprehensive,’ and the word ‘verse’ stems from Universe. When put together, you get the word ‘Metaverse.’ If you’re still looking for the word Metaverse and everything it stands for to be explained in layman’s terms, it’s the idea of a virtual reality that everyone can become part of. If you’re still lost, join the queue.
Also, don’t be fooled into thinking there is just one Metaverse. In fact, there are several; Decentraland, Sandbox, and Stageverse, and each Metaverse has its own advantages and disadvantages, and an all-encompassing Metaverse would more than likely be powered by blockchain and NFTs (non-fungible tokens).
What makes the Metaverse so special?
If you love the Internet and everything it has to offer, and if you want to switch off from reality and escape somewhere else, the Metaverse is the place to go. It’s a safe environment where you can be anyone you want and do [almost] anything you like.
Let’s take a look at some of the key highlights of the Metaverse
- Avatars. You and everyone else living inside the Metaverse will individually be depicted as a digital avatar that you can shape and mold either into your own likeness or any other likeness. Do you remember when Mark Zuckerberg showed the world his Metaverse avatar?
- Boundless. This means that boundaries will one day be a thing of the past, and the Metaverse could potentially bond with the real world at some point in the future
- Decentralised. The Metaverse will not be controlled by one single government entity, person, group, or corporation
- Gamification. This is basically the process of adding game mechanics into nongame environments to increase participation, and we will likely see much more of this in the Metaverse. Gamification has been a major trend in business during the last several years, even some new gambling sites are utilizing gamification as a marketing tool.
- Multi-User. An online virtual world where multiple people can interact with each other
- Multi-Purpose. People can participate in an almost endless range of activities (e.g., shopping, getting a diploma, watching movies, playing games, listening to music, and visiting art galleries), to name just a few. There are endless possibilities
- Multiplatform. The best way to visit the Metaverse for a fully immersive experience is from AR (Augmented Reality) glasses or a VR (Virtual Reality) headset. Not all metaverse platforms will require you to use a VR headset. For example, a marketplace called Decentraland allows users to experience the Metaverse using just a PC/laptop and a web browser.
What developments can we expect to see in the Metaverse in 2023?
While it’s still difficult to predict the future of the Metaverse, we can say with a certain amount of certainty that these constantly evolving technological developments will shape how we experience the Metaverse and that it will more than likely, at some point, become a part of everyone’s daily lives. Ever-more realistic worlds will be created, and more and more people will want to experience these immersive cutting-edge digital environments.
It’s early days yet, but there are lots of exciting new changes coming in 2023. For example, we are likely to see stronger cloud computing capabilities and the next generation of data engineering, as well as more advanced haptics and robotics, synthetic media, and digital twin technology. Also, improved 3D graphics will lead to a more sophisticated and visually appealing Metaverse – where the physical and digital worlds come together.
The world’s major tech companies have also recently been heavily investing in the Metaverse, and they can all massively help shape its future, but will this be a good thing or a bad thing? Only time will tell.