What is the Metaverse?
The word “Metaverse” is now very popular in the business, tech, and finance industries.
So, what is the Metaverse?
The Metaverse can be defined as an integrated network of 3D virtual worlds. The virtual worlds are accessed via a virtual reality headset- users use their eye movements, voice commands, or feedback controllers to navigate the Metaverse. The headset works by immersing the user in stimulating what is called presence, which creates the physical sensation of being there in reality.
To know more about the Metaverse, consider the multiplayer virtual reality games like Horizon Worlds or Rec Room. In these games, the players use avatars for interaction and manipulation of the environment.
However, the Metaverse is gaining wider applications beyond gaming. Musicians and other entertainers are now practicing hosting concerts in the Metaverse. Top franchises in the sports industry have not been left out, with Manchester City creating virtual stadiums for fans to watch games and probably buy virtual merchandise.
The Metaverse is independent of the physical world and offers people a variety of virtual experiences and a digital economy.
The Metaverse offers more benefits than what you are currently getting during your screen time, and it is all about incorporating the day-to-day activities into a very interactive platform where you can get more done in a single place.
After knowing the Metaverse meaning, let’s discuss how to access it.
How to Access the Metaverse
The full potential of the Metaverse has not yet been discovered, but this does not mean that there are no ways to taste what it has to offer. Several companies have been developing their variations of the Metaverse. They are also creating their cryptocurrencies which can be used to buy digital assets such as characters and real estate in the form of NFTs. Note that the Metaverse is powered by the blockchain, cryptocurrencies, and global communities.
So, is the Metaverse a platform?
The Metaverse is not a single platform, but there are many platforms that you can use to access the Metaverse. However, the majority of these Metaverse platforms are in their early stages of development. Some of the platforms that you can use to access the Metaverse include Decentraland, Horizon Worlds, The Sandbox, and CryptoVoxels. Note that the Metaverse is not limited to these platforms only.
Since the Metaverse is in its initial stages of development, it means that it is not late for you to invest in Metaverse stocks and make money. You can find a Metaverse stock that fits your risk tolerance level. You can buy a Metaverse stock for a company that is already doing well but whose growth will receive a boost from the Metaverse. Some of the best options for you are Meta (formerly Facebook, NASDAQ: FB), Unity (NYSE: U), Nvidia (NASDAQ: NVDA), and Cloudflare (NYSE: NET), and Roblox (NYSE: RBLX).
Metaverse crypto facilitates the processes of creating and exchanging items within the Metaverse. This means that the crypto allows items to be moved across meta destinations. Some of the popular Metaverse crypto coins are Tamadoge, Enjin coin, Battle Infinity, Ethereum, SushiSwap, Wilder World, Ontology, The Sandbox, Decentraland, and others.
Next, we will describe how to access the Metaverse using Decentraland. You will need a cryptocurrency wallet and a laptop for this. Most computers and smartphones can also allow you to access the Metaverse, but they won’t give you optimum performance.
The following are the steps on how to access the Metaverse using Decentraland:
Step 1: Create a digital avatar
The first step to accessing the Metaverse is creating a digital avatar. Decentraland has a panel where you can create and customize the avatar. You can change the hair, clothing, and eye color, and accessorize the character.
Step 2: Explore the world
After getting the character that you need, you will be taken to the Genesis Plaza which marks the starting point in Decentraland.
You may take some time to get used to the space. Characters will keep popping out from both the left and the right. You can then get yourself teleported. That is what the Metaverse is all about, making it possible to go wherever you want without the need to drive or walk. You can also tour spaces created by other users.
Step 3: Play Games
The Decentraland Metaverse provides you the option of playing games, with the most popular game being the “Wonder Mine Crafting Game.” In this game, meteors hit the ground and players mine them for minerals and money.
Step 4: Make friends
Decentraland will allow you to make friends as you play the game. This will allow you to chat with other players and know their experience with the Metaverse. This is also the case with other multiplayer games offered online. You can explore the Metaverse together with your new friends.
That is how to access the Metaverse. You can do much even buying your piece of land.