MetaVerse

A New Frontier in Digital

Technology

Presented by
ARSH ALAM
MAHNNOR SHARAFAT
NOOR MOHSIN
ABDULELAH ALSUHAIBI
Table of contents
• Introduction to Metaverse
• AR/VR/MR
• Characteristics of Metaverse
• Layers of MetaVerse
• The social dynamics in Metaverse
• Virtual real estate in Metaverse
• The Economics of Metaverse
• User generated content
Welcome to the MetaVerse
A Look into the Future

• The MetaVerse is composed of two words:

• META Greek word (after/beyond)
• VERSE universe
• It is a virtual environment where people can interact
with each other
• It is a combination of virtual reality (VR), augmented
reality (AR), and other emerging technologies.
 Characteristic of Metaverse
Key players of future

• Persistence: A metaverse is a persistent virtual world that exists independently of

any single user or session, allowing users to enter and leave at any time and resume
their activities where they left off.
• Interactivity: A metaverse is highly interactive, allowing users to interact with each
other and the virtual environment in real-time..
• Scalability: A metaverse should be scalable to accommodate a large number of
users simultaneously, without degrading performance or user experience.
• Shared experience: A metaverse is a shared space where users can interact and
collaborate with each other in various ways, including socializing, gaming, and
creating content. The metaverse allows for social interaction on a level that has not
 Layers of MetaVerse
Building Blocks of a Virtual World

The seven interdependent and interconnected layers of MetaVerse:

1.Experience
Games, Social, Esports,1.Theatre,Shopping
Infrastructure

2.Discovery
ad Networks, Social, Ratings, Stores, Agents
3.Creator Economy
Design tools, assests, markets,workflow,commerce
Layers of MetaVerse
Building Blocks of a Virtual World

4.Spatial computing
3D Engine,VR/AR/XR,Multitasks,UI,Geospatial map
5.Decentralization
Edge Computing ,AI agents,Microservices,blockchain
6.Human interface
Mobile,smartglasses,wearables,voice,neural,haptic
7.Infrastructure
5G,WIFI,CLOUD,MEMS,GPUs,materials
 The Social Dynamics
Building Communities in Virtual Spaces

• The MetaVerse is a social space where users can interact with

each other in:
real-time, forming social connections
• The social dynamics of the MetaVerse are complex and varied,
with users engaging in a wide range of activities :
gaming, socializing, and attending virtual events
• The social aspect of the MetaVerse is a crucial component of
its appeal
Virtual Real Estate in MetaVerse
Exploring the Possibilities

• Virtual real estate in the Metaverse refers to the ownership and trading
of digital assets such as virtual land, buildings, and other objects in online
virtual worlds like NFT.
• The Metaverse is a shared virtual space where users can engage in social
activities, gaming, education, and other forms of online interactions.
• Owning virtual real estate in the Metaverse provides a unique
opportunity for investors to participate in the growth of the digital
economy, as demand for virtual spaces and assets is expected to increase
in the coming years.
 Virtual Real Estate in MetaVerse
Exploring the Possibilities

• The value of virtual real estate in the Metaverse is determined by several

factors, including location, size, level of development, and popularity of
the virtual world in which the asset is located.
• As virtual real estate ownership becomes more prevalent, there will likely
be a need for legal frameworks and regulations to govern transactions
and ensure that property rights are protected in the metaverse.
• As the popularity of metaverse grows, virtual real estate is becoming an
increasingly valuable asset, with some properties fetching prices in the
millions of dollars.
 The Economics of the Metaverse
Digital Currency and Commerce

• The use of digital currencies, such as cryptocurrencies, has become prevalent

due to their decentralized nature, security, and low transaction fees.
• Digital currencies facilitate transactions within the metaverse, and their value
is determined by supply and demand in the market
• These virtual goods have real-world value and can be bought and sold for real
money, creating a new type of digital economy.
• The economics of the Metaverse are still in their early stages, and there are
many challenges to overcome, such as security concerns, regulatory issues,
and the need for standardization in digital currencies and commerce.
 User-generated Content
Avatars and identities

• UGC plays a crucial role in the metaverse, allowing users to create

and share their own virtual content, such as avatars, buildings, and
other digital assets.
• UGC empowers users to express their creativity, engage in
collaborative efforts with others, and create unique experiences
within the metaverse.
• These tools enable users to generate income through the sale of
their creations, contributing to the metaverse's digital economy.
• The distribution and management of UGC in the metaverse present
new challenges for intellectual property rights, privacy, and security.
The Metaverse and Education
Benfits of metaverse

The metaverse presents a range of opportunities for enhancing

education providing students with a more effective and rewarding
learning experience.
• Virtual classrooms
• Virtual field trips
• Gamification of education
• Remote learning
• Skills training
• Personalized learning
 1.Ethical Considerations in the Metaverse

Advantages of Metaverse
• Expanded Social Connections: The
metaverse allows people to socialize and
Disadvantages of Metaverse
connect with in ways that were previously
impossible.
• Economic Opportunities: The metaverse
presents a range of economic opportunities
• Innovation and Creativity: This can lead to
the development of new technologies,
businesses, and cultural expressions,
expanding human knowledge and
creativity.