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METAVERSE

A SN E AK P E E K I N TO T H E FU T U R E ? !
AGENDA

WHAT IS A METAVERSE
IS THE METAVERSE A VIDEO GAME?
CRYPTO IN THE METAVERSE
A METAVERSE JOB?
EXAMPLES
IS IT THE FUTURE?
WHAT IS A METAVERSE ?

• A concept of a persistent, online, 3D universe


that combines multiple different virtual spaces
• You can think of it as a future iteration of the
internet
• The metaverse isn’t fully in existence, video
games currently provide the closest metaverse
experience on offer.
• The concept was developed in the science-
fiction novel Snow Crash by Neal Stephenson.

3
• Will be driven by augmented reality, with each
user controlling a character or avatar
• For example, you might take a mixed reality
meeting with an Oculus VR headset in your
virtual office (Gather.town)
• Besides supporting gaming or social media, the
metaverse will combine economies, digital
identity, decentralized governance, and other
applications.
S O I T ’ S A V I D EO G A ME …RIGHT ?

• Because of the emphasis on 3D virtual reality, video games offer the


closest metaverse experience currently.
• Video games now offer services and features that cross over into our
lives.
• The video game Roblox even hosts virtual events like concerts and
meetups, and in Fortnite 12.3 million players took part in Travis Scott’s
virtual in-game music tour.
C RY PTO I N T H E M E TAVE RSE
• Crypto can offer the other key parts required
for the Metaverse, such as digital proof of
ownership, transfer of value, governance,
and accessibility
• In the metaverse, we need:
• a secure way of showing ownership
• to feel safe transferring these items and
money around
• to play a role in the decision-making
taking place
• Blockchain provides a decentralized and
transparent way of dealing with the topics
• Some video games contain some basic
solutions already
• Gamification is common in Decentralized Finance (DeFi)
and GameFi
• The key aspects of blockchain suited to the metaverse
are:
• Digital proof of ownership
• Digital collectibility
• Transfer of value
• Governance
• Accessibility
• Interoperability
WORKING IN THE METAVERSE?

• In the metaverse, you will be able to enter a 3D


o f f ice an d in teract with y o u r co lleagu es’ av atar s
• Yo u r j o b m ay a l s o b e m e t a v e r s e r e l a t e d a n d
provide you with income directly usable in the
metaverse
• G a m e F i a n d p l ay - t o - e a r n m o d e l s n o w p r o v i d e
steady income streams for people worldwide
EXAMPLES FOR THE METAVERSE

A xe I n f i n i t y Decentraland
• Axie Infinity doesn't provide a singular 3D • A digital world that combines social elements
character or avatar, it gives users the with cryptocurrencies, NFTs, and virtual real
opportunity for a metaverse-like job estate
• By purchasing or being gifted three creatures • Players also take an active role in the
known as Axies, a player can start farming governance of the platform
the Smooth Love Potion (SLP) token • Complex crypto-economy.
SecondLive Roblox
• An online game platform that allows users to
• A 3D virtual environment where users
program games and play games created by
control avatars for socializing, learning, and
other users
business
• Roblox occasionally hosts real-life and virtual
• The project also has an NFT marketplace for
events
swapping collectibles
• Roblox allows players to buy, sell, and create
• In September 2020, SecondLive hosted BNB
virtual items which can be used to decorate
Smart Chain's Harvest Festival
their virtual character
I S I T T H E F U T U RE ?

• Facebook is one of the loudest voices for the


creation of a unified metaverse
• Mark Zuckerberg has explicitly mentioned his
plans to use a metaverse project to support
remote work and improve financial opportunities
for people in developing countries
• Facebook has a good base to combine all the
previously mentioned factors into one
• Further integration between NFT marketplaces
and 3D virtual universes seems like the next step
• While a single, united metaverse is likely a long
way off, we already can see developments that
may lead to its creation
THANK YOU FOR YOUR ATTENTION!

Luntz Dominik ÓE NIK 2022

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