A Term We Recently Here A Lot – What Is Metaverse?

Metaverse became very popular recently. Although it’s an old concept, nowadays almost everyone is suddenly talking about the term.

So, what exactly is this “Metaverse”, let’s examine it with a few questions and answers.

What is Meta Universe – Metaverse?

Metaverse actually means the physical version of the internet. E.g.; instead of calling your colleagues, you will log into Metaverse, and your avatar which is the digital version of you, talk to them in the digital version of your office.

Can We Work in the Metaverse in the Future?

It is difficult to say anything definite about the Metaverse these days. Therefore, it may not be right to trust the daily talks. But Bill Gates predicts that in two or three years most of the work will take place in the Metaverse.

Also, Mark Zuckerberg believes that the Metaverse will become mainstream in five to ten years.

What is the Role of Cryptocurrencies in This Universe?

Crypto integration is actually an integration that separates the Metaverse from game worlds that have existed for decades.

With this integration, users will be able to directly transfer money to each other, instead of authority such as a bank being responsible.

How Does the Real Estate Process Work in Meta Universe?

Like real-life plots, they can be also sold in the Metaverse and are divided into a limited number of parcels.

When users purchase virtual real estate, they can build a property like in the real world, host events or interact by trading there.

Do People Make “Real” Money from Here?

Definitely, they do. For example; people with Coding and 3D modeling skills can make money by developing NFTs or building properties on digital lands.

People who buy lands, in-game cryptocurrencies, and NFT wearables can make a profit by reselling them.

Looks Like a Dystopian Concept. Should I be Afraid?

Some concerns about the concept are understandable. After all, the term “Metaverse” is a quote from Neal Stephenson’s dystopian novel “Snow Crash”.

Although the Metaverse seems fun and useful, it already has other problematic points.

Did you enjoy this blog? Do want to learn more about the Metaverse? Then you should definitely check out Creative Talks!

If you are a creator on Metaverse you can join our creative community -> The People