Student Name:- Raviraj Shingate
Topic:- Metaverse Technology
Class:- T.E B
Subject:- Seminar
Guide :- Prof. Neha Rai
"Metaverse isn't a thing a
company builds. It's the next
chapter of the internet overall."
Introduction
The computer screens we operate today to connect to
a worldwide web of knowledge have evolved portals
to 3D virtual. Digital facsimiles of ourselves, or
avatars, move freely from one experience to another.
What Is Metaverse
The metaverse is a concept of what many in the
computer industry acknowledge is the next iteration of
the internet: a single, immersive, shared, persistent,
3D virtual area where humans experience life in forms
they could not exist in the physical world.
History
The term "metaverse" formed in the 1992
science fantasy novel Snow Crash as a
portmanteau of "meta" and
"universe." Metaverse development is often
related to advancing virtual reality technology
due to the increasing demands for immersion.
Key Characteristics Of Metaverse
01 02 03
Boundless Immersive Social Experience
No barriers between real or digital, Realistic sensory experience with Creating events meant to be shared
endless metaverse extended reality together
04 05 06
Persistent Decentralized Economy
Always active, can’t but unplugged No single entity has control over Digital currencies helps virtual
metaverse currencies
Activities In The Metaverse
Play Enjoy Work
Buy Look Socialize
What Is The Metaverse And How Does It
Work?
Metaverse is a network of 3D digital globes where users can connect, interact, and gain
knowledge of things the same as in the natural world. The virtual globe of the metaverse is
developed & managed through various technologies like Augmented Reality (AR), Virtual Reality
(VR), Cryptocurrencies, NFTs, Internet, etc.
How Is
The Metaverse
Accessed?
Virtual reality Augmented reality
A computer-generated environment with natural scenes and The real-time use of information in text, graphics, audio, and
objects makes the user feel immersed in their surroundings. other virtual enhancements combined with real-world objects.
Future Of Virtual Reality
Establishing legal organizations in the metaverse.
Data security and protection: license of content.
Service related to intellectual property, such as copyrights, trademarks,
patents, etc.
Deals involving technology
Elements Of Metaverse
Web 3.0 Blockchain Protocols NFTs
Games Cryptocurrencies/Tokens Augmented Reality (AR)
Virtual Reality (VR) Mixed reality (MR)
What Is Web3
Web3 is a term used to define a decentralized internet
created on a blockchain foundation. Central to Web3’s
belief is that power over the internet will ultimately swing
out from a handful of tech giants toward developers and the
many unique users.
That said, none of Web3’s core tenets run heretical to those
of the metaverse.
V.s
Web 3.0 Metaverse
An NFT is a digital asset describing real-world objects like art, in-game items, music, and videos.
They are bought and sold online repeatedly with cryptocurrency and are generally encoded with
the same underlying software as more cryptos.
NFTS
Cryptocurrencies/
Tokens
A cryptocurrencies token is a virtual currency token or
cryptocurrency denomination. It represents a tradable
asset or utility that resides on its blockchain and allows
the holder to use it for investment or economic purposes.
Blockchain protocols are a stage of
protocols used to manage the blockchain
network. The rules describe the interface
of the network, interaction between the
computers, kind of data, incentives, etc.
Blockchain
Protocols
“In simplest
terms, the
metaverse is
the internet,
but in 3D.”
How To Access The
Metaverse
Hardware
A combination of specialized hardware
(computers, phones, headsets, 3D screens,
gloves, etc.)
software
a combination of specialized software (games,
programs, etc.)
Metaverse
Technologies
Artificial intelligence
Internet of things
Extended reality
Brain-computer interfaces
3D modeling and reconstruction
Spatial and edge computing
Blockchain
Technologies Converging
VR/AR 5G/6G
Blockchain/NFT Cloud Computing
What Can You Do In Metaverse?
01 02 03
Make a virtual property Advertise Anything Own digital properties
04 05 06
Earn money by investing in Get a job in the metaverse Socialize & make new friends
NFTs
Conclusion
The metaverse technology will bring with it particular challenges. Some of these issues can only be
resolved by making slight or significant modifications to a company’s operations. As previously
said, the Metaverse will usher in a new era of consumer behavior. But, for the time being, all is in its
infancy.
“There’s not an agreement on what the
metaverse is, even though one company has
changed its name in anticipation of defining it.”
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