Wow. The Digital World Is Shifting. And We Are Moving To The Metaverse.

November 2, 2021

How we are entering the new metaverse world.

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Facebook changed its name to Meta. “A magical Zoom meeting that has all the playful release of Animal Crossing.” -Janet Murra This is one explanation of what the *metaverse* is. And this may be our future.

What exactly is the metaverse? The metaverse is a variety of virtual experiences, environments, and assets. Sort of like "Ready Player One."

It's tough to explain because it doesn't necessarily exist yet. We're still in the early days of creating the metaverse. Facebook (Meta) says “The ‘metaverse’ is a set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you.”

1) Work. The metaverse will be the future of work. We'll have the ability to fully immerse ourselves into our work and collaborate with others in virtual meeting rooms.

2) Entertainment. The metaverse will provide a place to explore whatever interests you. You'll be able to play games, attend concerts, and watch movies with your friends all at once.

3) Learning. A lot of people don't have access to good teachers. We are now able to use things like virtual reality for education purposes - immersing ourselves into simulations and environments for better learning.

[Facebook](https://www.facebook.com/) (Meta): creating the metaverse through VR [Decentraland](https://decentraland.org/): virtual world owned by its users [The Sandbox](https://www.sandbox.game/en/): virtual world made by players [Second Life](https://secondlife.com/): one of the first attempts at the metaverse [Roblox](https://www.roblox.com/): online game that feels like the metaverse

[Fortnite](https://www.epicgames.com/fortnite/en-US/home): online game that feels like the metaverse [Minecraft](https://www.minecraft.net/en-us): online game that feels like the metaverse [Animal Crossing](https://www.animal-crossing.com/new-horizons/): online game that feels like the metaverse [DNABLOCK](https://www.dnablock.com/): 3D creation platform for virtual avatars

1) Advertising: Become the solution for advertising in the metaverse. How can you make it easy for companies to create effective and native ads in these virtual worlds?

2) Entertainment: Fornite held a Travis Scott concert in their game. Try facilitating your own events in the metaverse. Maybe monetize through tickets using cryptocurrency?

3) Different Worlds: Right now, you can't travel from one world to another (ie. Fortnite to Roblox). Can you be the platform that enables this for companies? What about transferring NFTs and assets across worlds?

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Community Highlight:

Our Smoothie subscriber Matthew Scott Jones is building infrastructure for the open metaverse. Check them out at metafabrix.io 👌

Facebook changed its name to Meta.
“A magical Zoom meeting that has all the playful release of Animal Crossing.” -Janet Murray

This is one explanation of what the metaverse is.
And this may be our future.

What exactly is the metaverse?

The metaverse is a variety of virtual experiences, environments, and assets.
Sort of like "Ready Player One."

It's tough to explain because it doesn't necessarily exist yet.
We're still in the early days of creating the metaverse.

Facebook (Meta) says “The ‘metaverse’ is a set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you.”

How will the metaverse affect us?

1. Work‍

The metaverse will be the future of work. We'll have the ability to fully immerse ourselves into our work and collaborate with others in virtual meeting rooms.

2. Entertainment.

The metaverse will provide a place to explore whatever interests you. You'll be able to play games, attend concerts, and watch movies with your friends all at once.

3. Learning.

A lot of people don't have access to good teachers. We are now able to use things like virtual reality for education purposes - immersing ourselves into simulations and environments for better learning.

Companies to Watch:

Facebook (Meta): creating the metaverse through VR

Decentraland: virtual world owned by its users

The Sandbox: virtual world made by players

Second Life: one of the first attempts at the metaverse

Roblox: online game that feels like the metaverse

Fortnite: online game that feels like the metaverse

Minecraft: online game that feels like the metaverse

Animal Crossing: online game that feels like the metaverse

DNABLOCK: 3D creation platform for virtual avatars

3 Startup Opportunities:

Advertising

Become the solution for advertising in the metaverse. How can you make it easy for companies to create effective and native ads in these virtual worlds?

Entertainment

Fornite held a Travis Scott concert in their game. Try facilitating your own events in the metaverse. Maybe monetize through tickets using cryptocurrency?

Different Worlds

Right now, you can't travel from one world to another (ie. Fortnite to Roblox). Can you be the platform that enables this for companies? What about transferring NFTs and assets across worlds?

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