Can the Metaverse exist without blockchain?
Read this article to understand why a metaverse can thrive and scale better on blockchain rails. So, is blockchain ready to take on the Metaverse journey?In essence, the ideal metaverse must be on blockchain rails, which mandates inclusive incentives centered around creators and users while still offering immersive and seamless virtual experiences.The Metaverse is not just about the experiential elements; it is also about the economic aspects. The financial incentives must be centered around the real value creators. Those who create content, and regularly interact and transact on the....
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While not absolutely necessary, omitting it would be misguided. “The Metaverse without blockchains would likely just advance the ball for Big Tech.” Many assume, too, that blockchain technology will play a key role in the Metaverse, along with other emerging technologies such as artificial intelligence (AI) and virtual reality (VR). But, is the use of blockchain really a foregone conclusion?Stanford University professor Jeremy Bailenson recently moderated a World Economic Forum panel with some of the world’s leading thinkers of the Metaverse and blockchain. “The first question posed to the....
If you ever owned a Tamagotchi or loved playing Nintendogs, the odds are that you are going to love this story. New research suggests that during the height of COVID-19, the number of people searching for a furry friend to keep them company hit new highs – not only physically but also in the Metaverse. The question is, are tokenized pets here to stay, or are they a pandemic fad?The Metaverse is widely regarded as the next iteration of the internet as a virtual world or web 3.0, facilitated by virtual and augmented reality. There are a number of ways to purchase or adopt a pet in the....
Imagine a world where you can exist as a digital representation of yourself or an ‘Avatar’? Imagine being able to see, and do things within this world, that you cannot do in the real world? And, imagine doing all of these things from the comfort of your living room? Welcome to the METAVERSE – alternative […]
The future of the metaverse isn’t just about gaming. It’s about virtual land that you can truly call your own, which is made possible by Next Earth, the NFT-based replica of Earth. The metaverse is essentially a shared, interconnected virtual world that really does exist just beyond our screens. And where better to explore the […]
The value of blockchain in socializing, entertainment, and advertising is expected to grow 26x by 2026 to reach $4.37 billion. This will be largely thanks to the growth of the metaverse, which heavily relies on blockchain. Many chains can efficiently support metaverse startups, including Solana, and Polygon, and the upcoming Wakatta – but which one […]