Metaview

metaview

Gartner predicts generative AI will become a general-purpose technology akin to the steam engine, electricity, and the internet. While the initial hype will fade, its impact will increase as innovative applications are discovered in daily work and life. Look at some of their predictions for AI, particularly Generative AI’s adoption: As entire industries, enterprises, and digital transformation specialists race to adopt this new tech, there are critical factors that must be taken into account. Improper adoption of technology can lead to disastrous results for the business and poor satisfaction for customers and employees who have to use them. I want to share what those factors are in this article. Why Integrate GenAI?
How to Implement GenAI?
What to Use GenAI For? Why Integrate GenAI? Value Proposition The primary reason to consider integrating GenAI is the substantial value it can bring to your business. GenAI has the potential to revolutionize various aspects of your operations, ultimately driving growth and efficiency. Top-Line Benefits One of the most significant advantages of GenAI is its ability to increase user engagement with your target segment, which can lead to higher revenue or new revenue streams altogether. By leveraging GenAI, you, as a business, can create more personalized and interactive content and enhance your customer experience and satisfaction with your products and services. For example, GenAI can help summarize and synthesize large amounts of information quickly, making it easier for users to find what they need and stay engaged with your platform. Bottom-Line Savings On the other hand, GenAI can also lead to significant cost reductions. Automating repetitive tasks such as customer support queries and data entry, allows your team to focus on more strategic activities. AI-powered tools can support your help center, providing instant responses to common questions and reducing the need for extensive human intervention. How to Implement GenAI? Building the GenAI Tech Stack Successful integration of GenAI requires a systematic approach. This involves Applications and use cases that align with your business goals


Choosing the right AI models to power these applications


Using the right infrastructure to deploy these applications and models


Handling the Implementation responsibly without harming trust and security while also upskilling employees and educating customers on how to use GenAI. Implementation and Application To start, you need to identify the areas within your business that will benefit most from AI integration. This could include content generation for marketing and sales, content conversion for streamlined communication, and productivity tools for various teams. Content Generation: Tools like Jasper, Writer.com, Byword, Adobe Firefly, and Midjourney can enhance your marketing efforts by generating high-quality content.


Content Conversion:  Platforms like Wondercraft (text to podcast), Vidyo (long-form video to short clips), Descript (podcasting), and ElevenLabs (AI voices) can transform how your marketing teams operate.


Spreadsheets and Slides: For financial and R&D teams, AI tools like Numerous.ai, Equals, Gamma, and Tome can automate data management and presentation tasks.


General Productivity: Tools like Vowel for meeting transcription and Metaview for interview recording can optimize daily operations. Ensuring Trust and Security Integrating AI also necessitates maintaining high standards of trust and security. Implement robust reporting mechanisms to allow users to flag AI-generated content that may be inaccurate or controversial. This helps build user trust and maintain content quality. Moreover, ethical training and fine-tuning of AI models are crucial. Ensure that user data is collected and used transparently and with explicit consent. Handle all user interactions responsibly to protect privacy and build confidence in your AI systems. What to Use GenAI For? Enhancing Employee Productivity Deploying AI applications can significantly boost employee productivity across various departments. As previously mentioned above, in the implementation and application layer of the GenAI tech stack, these are some use cases for employee productivity. Marketing and Sales: Tools like Jasper and Adobe Firefly can assist in generating compelling content for campaigns, while platforms like Byword enhance SEO efforts.
Content Conversion: AI tools such as Wondercraft and Vidyo can transform text and video content, making it more versatile and accessible.
Spreadsheets and Slides: AI-powered tools like Numerous.ai and Gamma streamline data processing and presentation creation, aiding teams in finance and R&D.
General Productivity: Vowel provides meeting transcription, while Metaview offers optimized recording and summarization for interviews. Poised serves as a personal communication coach, enhancing overall communication skills.
Customer Support: AI tools like Chatbase can automate customer service, providing immediate responses to queries and improving customer satisfaction.
Specific Applications for HR and Hiring Managers: For HR teams, GenAI tools like Metaview and Poised can revolutionize the recruitment process by recording and summarizing interviews, as well as coaching candidates on communication skills.
Customer Support: In customer support, tools like Chatbase can handle routine queries efficiently, freeing up human agents to tackle more complex issues. Integrating GenAI into your business can unlock new levels of efficiency, engagement, and cost savings. So consider the value it brings, the implementation process, and the specific applications for your business, and you can ensure a successful integration of GenAI that drives your business forward. Embrace the future of AI to stay competitive and innovative in today’s rapidly evolving landscape. Hope that helps! Gartner predicts generative AI will become a general-purpose technology akin to the steam engine, electricity, and the internet. While the initial hype will fade, its impact will increase as innovative applications are discovered in daily work and life. Look at some of their predictions for AI, particularly Generative AI’s adoption: As entire industries, enterprises, and digital transformation specialists race to adopt this new tech, there are critical factors that must be taken into account. Improper adoption of technology can lead to disastrous results for the business and poor satisfaction for customers and employees who have to use them. I want to share what those factors are in this article. Why Integrate GenAI? How to Implement GenAI? What to Use GenAI For? Why Integrate GenAI? How to Implement GenAI? What to Use GenAI For? Why Integrate GenAI? Value Proposition Value Proposition Value Proposition The primary reason to consider integrating GenAI is the substantial value it can bring to your business. GenAI has the potential to revolutionize various aspects of your operations, ultimately driving growth and efficiency. Top-Line Benefits Top-Line Benefits Top-Line Benefits One of the most significant advantages of GenAI is its ability to increase user engagement with your target segment, which can lead to higher revenue or new revenue streams altogether. By leveraging GenAI, you, as a business, can create more personalized and interactive content and enhance your customer experience and satisfaction with your products and services. For example, GenAI can help summarize and synthesize large amounts of information quickly, making it easier for users to find what they need and stay engaged with your platform. Bottom-Line Savings Bottom-Line Savings Bottom-Line Savings On the other hand, GenAI can also lead to significant cost reductions. Automating repetitive tasks such as customer support queries and data entry, allows your team to focus on more strategic activities. AI-powered tools can support your help center, providing instant responses to common questions and reducing the need for extensive human intervention. How to Implement GenAI? Building the GenAI Tech Stack Building the GenAI Tech Stack Building the GenAI Tech Stack Successful integration of GenAI requires a systematic approach. This involves Applications and use cases that align with your business goals Choosing the right AI models to power these applications Using the right infrastructure to deploy these applications and models Handling the Implementation responsibly without harming trust and security while also upskilling employees and educating customers on how to use GenAI. Applications and use cases that align with your business goals Applications and use cases that align with your business goals Choosing the right AI models to power these applications Choosing the right AI models to power these applications Using the right infrastructure to deploy these applications and models Using the right infrastructure to deploy these applications and models Handling the Implementation responsibly without harming trust and security while also upskilling employees and educating customers on how to use GenAI. Handling the Implementation responsibly without harming trust and security while also upskilling employees and educating customers on how to use GenAI. Implementation and Application Implementation and Application Implementation and Application To start, you need to identify the areas within your business that will benefit most from AI integration. This could include content generation for marketing and sales, content conversion for streamlined communication, and productivity tools for various teams. Content Generation: Tools like Jasper, Writer.com, Byword, Adobe Firefly, and Midjourney can enhance your marketing efforts by generating high-quality content. Content Conversion:  Platforms like Wondercraft (text to podcast), Vidyo (long-form video to short clips), Descript (podcasting), and ElevenLabs (AI voices) can transform how your marketing teams operate. Spreadsheets and Slides: For financial and R&D teams, AI tools like Numerous.ai, Equals, Gamma, and Tome can automate data management and presentation tasks. General Productivity: Tools like Vowel for meeting transcription and Metaview for interview recording can optimize daily operations. Content Generation: Tools like Jasper, Writer.com, Byword, Adobe Firefly, and Midjourney can enhance your marketing efforts by generating high-quality content. Content Generation: Tools like Jasper, Writer.com, Byword, Adobe Firefly, and Midjourney can enhance your marketing efforts by generating high-quality content. Content Generation: Content Conversion:  Platforms like Wondercraft (text to podcast), Vidyo (long-form video to short clips), Descript (podcasting), and ElevenLabs (AI voices) can transform how your marketing teams operate. Content Conversion :  Platforms like Wondercraft (text to podcast), Vidyo (long-form video to short clips), Descript (podcasting), and ElevenLabs (AI voices) can transform how your marketing teams operate. Content Conversion Spreadsheets and Slides: For financial and R&D teams, AI tools like Numerous.ai, Equals, Gamma, and Tome can automate data management and presentation tasks. Spreadsheets and Slides : For financial and R&D teams, AI tools like Numerous.ai, Equals, Gamma, and Tome can automate data management and presentation tasks. Spreadsheets and Slides General Productivity: Tools like Vowel for meeting transcription and Metaview for interview recording can optimize daily operations. General Productivity : Tools like Vowel for meeting transcription and Metaview for interview recording can optimize daily operations. General Productivity Ensuring Trust and Security Ensuring Trust and Security Ensuring Trust and Security Integrating AI also necessitates maintaining high standards of trust and security. Implement robust reporting mechanisms to allow users to flag AI-generated content that may be inaccurate or controversial. This helps build user trust and maintain content quality. Moreover, ethical training and fine-tuning of AI models are crucial. Ensure that user data is collected and used transparently and with explicit consent. Handle all user interactions responsibly to protect privacy and build confidence in your AI systems. What to Use GenAI For? Enhancing Employee Productivity Enhancing Employee Productivity Enhancing Employee Productivity Deploying AI applications can significantly boost employee productivity across various departments. As previously mentioned above, in the implementation and application layer of the GenAI tech stack, these are some use cases for employee productivity. Marketing and Sales: Tools like Jasper and Adobe Firefly can assist in generating compelling content for campaigns, while platforms like Byword enhance SEO efforts. Content Conversion: AI tools such as Wondercraft and Vidyo can transform text and video content, making it more versatile and accessible. Spreadsheets and Slides: AI-powered tools like Numerous.ai and Gamma streamline data processing and presentation creation, aiding teams in finance and R&D. General Productivity: Vowel provides meeting transcription, while Metaview offers optimized recording and summarization for interviews. Poised serves as a personal communication coach, enhancing overall communication skills. Customer Support: AI tools like Chatbase can automate customer service, providing immediate responses to queries and improving customer satisfaction. Specific Applications for HR and Hiring Managers: For HR teams, GenAI tools like Metaview and Poised can revolutionize the recruitment process by recording and summarizing interviews, as well as coaching candidates on communication skills. Customer Support: In customer support, tools like Chatbase can handle routine queries efficiently, freeing up human agents to tackle more complex issues. Marketing and Sales: Tools like Jasper and Adobe Firefly can assist in generating compelling content for campaigns, while platforms like Byword enhance SEO efforts. Marketing and Sales: Content Conversion: AI tools such as Wondercraft and Vidyo can transform text and video content, making it more versatile and accessible. Content Conversion: Spreadsheets and Slides: AI-powered tools like Numerous.ai and Gamma streamline data processing and presentation creation, aiding teams in finance and R&D. Spreadsheets and Slides: General Productivity: Vowel provides meeting transcription, while Metaview offers optimized recording and summarization for interviews. Poised serves as a personal communication coach, enhancing overall communication skills. General Productivity: Customer Support: AI tools like Chatbase can automate customer service, providing immediate responses to queries and improving customer satisfaction. Customer Support: Specific Applications for HR and Hiring Managers: For HR teams, GenAI tools like Metaview and Poised can revolutionize the recruitment process by recording and summarizing interviews, as well as coaching candidates on communication skills. Specific Applications for HR and Hiring Managers: Customer Support: In customer support, tools like Chatbase can handle routine queries efficiently, freeing up human agents to tackle more complex issues. Customer Support: Integrating GenAI into your business can unlock new levels of efficiency, engagement, and cost savings. So consider the value it brings, the implementation process, and the specific applications for your business, and you can ensure a successful integration of GenAI that drives your business forward. Embrace the future of AI to stay competitive and innovative in today’s rapidly evolving landscape. Hope that helps!

3 Things to Consider Before Adding GenAI to Your Business

Metaverse 0, 2.0, 3.0: How Do I See Our Future of Interaction?

Metaverse 0, 2.0, 3.0: Qarşılıqlı fəaliyyətimizin gələcəyini necə görürəm?

Metaverso 0, 2.0, 3.0: ¿Cómo veo nuestro futuro de interacción?

Metaverse 0, 2.0, 3.0. Ինչպե՞ս եմ տեսնում մեր փոխգործակցության ապագան:

メタバース 0、2.0、3.0: インタラクションの未来をどう見るか?

Metaverse 0, 2.0, 3.0: តើខ្ញុំមើលឃើញអនាគតនៃអន្តរកម្មរបស់យើងដោយរបៀបណា?

Metaverse 0, 2.0, 3.0: Ndenge nini nazali komona avenir na biso ya interaction?

ሜታቨርስ 0, 2.0, 3.0: መጻኢ ምትእስሳርና ብኸመይ ይርእዮ?

Metaverse 0, 2.0, 3.0: Paano Ko Nakikita ang Ating Kinabukasan ng Pakikipag-ugnayan?

Metaverse 0, 2.0, 3.0: Xana Ndzi Vona Njhani Vumundzuku Bya Hina Bya Ntirhisano?

Metaverse 0, 2.0, 3.0: میں اپنے تعامل کے مستقبل کو کیسے دیکھ سکتا ہوں؟

元宇宙0、2.0、3.0：我如何看待我们未来的互动？

I-Metaverse 0, 2.0, 3.0: Ngilibona Kanjani Ikusasa Lethu Lokusebenzelana?

MIAMI, Florida, September 4th, 2024/Chainwire/--Floki is thrilled to announce a new partnership with OG Esports, aligning with Valhalla, an innovative play-to-earn metaverse game built on blockchain technology, designed to offer players a unique and rewarding gaming experience. Valhalla is an MMORPG that combines open-world exploration with strategic turn-based combat. Players can earn rewards through gameplay and unlock in-game advantages through their skills and strategies. This collaboration will see Valhalla featured as a jersey sleeve sponsor for OG Esports, highlighted at all upcoming events, and creating new collaborative experiences and content for fans. Mr. Brown Whale, Valhalla lead and core advisor, stated: "Together with OG Esports, we're ready to redefine the battlegrounds of the web3 and GameFi space — where strategy meets immersion, and every move shapes an epic world of endless possibilities." Sujoy Roy, Head of Partnerships at OG Esports, added: "This collaboration represents an exciting convergence of esports and blockchain gaming technologies. It aligns perfectly with our commitment to staying at the forefront of the gaming industry. By integrating Valhalla's cutting-edge platform with our team’s competitive spirit, we aim to enhance the gaming experience for our fans and pave the way for new opportunities in digital gaming." About Valhalla Valhalla is a spin on the classic Creature-Collection adventure set in a vibrant, lively, MMORPG open-world inspired by Norse mythology. Players interact with a diverse set of eccentric creatures called Veras, discovering, taming, training, and trading them. Alone or as a clan, players partake in a dynamic, player-driven economy to rise in community ranks and achieve tactical supremacy on the hexagonal-grid battlefield. About OG Esports OG Esports is a leading esports organization renowned for its championship-winning teams and unwavering dedication to excellence. With teams across multiple disciplines, their ethos centers on their fans and players, prioritizing their experience above all else and pushing the boundaries of competitive gaming, shaping a brighter future for all of esports. To follow Valhalla and OG Esports: Valhalla: Website Socials: Twitter, Facebook, Instagram. OG Esports: Website Socials:  Twitter, Facebook, Instagram. Contact Vidal Pedro Community Relations Officer Marketing@floki.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. MIAMI, Florida, September 4th, 2024/Chainwire/--Floki is thrilled to announce a new partnership with OG Esports, aligning with Valhalla, an innovative play-to-earn metaverse game built on blockchain technology, designed to offer players a unique and rewarding gaming experience. Valhalla is an MMORPG that combines open-world exploration with strategic turn-based combat. Players can earn rewards through gameplay and unlock in-game advantages through their skills and strategies. This collaboration will see Valhalla featured as a jersey sleeve sponsor for OG Esports, highlighted at all upcoming events, and creating new collaborative experiences and content for fans. Mr. Brown Whale, Valhalla lead and core advisor, stated: "Together with OG Esports, we're ready to redefine the battlegrounds of the web3 and GameFi space — where strategy meets immersion, and every move shapes an epic world of endless possibilities." "Together with OG Esports, we're ready to redefine the battlegrounds of the web3 and GameFi space — where strategy meets immersion, and every move shapes an epic world of endless possibilities." Sujoy Roy, Head of Partnerships at OG Esports, added: "This collaboration represents an exciting convergence of esports and blockchain gaming technologies. It aligns perfectly with our commitment to staying at the forefront of the gaming industry. By integrating Valhalla's cutting-edge platform with our team’s competitive spirit, we aim to enhance the gaming experience for our fans and pave the way for new opportunities in digital gaming." "This collaboration represents an exciting convergence of esports and blockchain gaming technologies. It aligns perfectly with our commitment to staying at the forefront of the gaming industry. By integrating Valhalla's cutting-edge platform with our team’s competitive spirit, we aim to enhance the gaming experience for our fans and pave the way for new opportunities in digital gaming." About Valhalla Valhalla is a spin on the classic Creature-Collection adventure set in a vibrant, lively, MMORPG open-world inspired by Norse mythology. Players interact with a diverse set of eccentric creatures called Veras, discovering, taming, training, and trading them. Alone or as a clan, players partake in a dynamic, player-driven economy to rise in community ranks and achieve tactical supremacy on the hexagonal-grid battlefield. About OG Esports OG Esports is a leading esports organization renowned for its championship-winning teams and unwavering dedication to excellence. With teams across multiple disciplines, their ethos centers on their fans and players, prioritizing their experience above all else and pushing the boundaries of competitive gaming, shaping a brighter future for all of esports. To follow Valhalla and OG Esports: Valhalla: Website Socials: Twitter, Facebook, Instagram. OG Esports: Website Socials:  Twitter, Facebook, Instagram. Contact Vidal Pedro Community Relations Officer Marketing@floki.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Floki Announces Partnership With OG Esports For Valhalla Metaverse Game

Floki обявява партньорство с OG Esports за играта Valhalla Metaverse

Floki anuncia una asociación con OG Esports para el juego Valhalla Metaverse

Floki anuncia colaboración con OG Esports para o xogo Valhalla Metaverse

Floki、OG Esportsとの提携を発表、メタバースゲーム「ヴァルハラ」を開発

Floki ປະກາດຄວາມຮ່ວມມືກັບ OG Esports ສໍາລັບເກມ Valhalla Metaverse

Floki Valhalla Metaverse тоглоомын хувьд OG Esports-тэй хамтран ажиллахаа зарлав

Floki willakun OG Esportswan kuskachakuymanta Valhalla Metaverse pukllaypaq

Floki Aratangaza Ubufatanye na OG Esports Umukino wa Valhalla Metaverse

Floki Valhalla Metaverse Game සඳහා OG Esports සමඟ හවුල්කාරිත්වය නිවේදනය කරයි

Floki, Valhalla Metaverse Oyunu İçin OG Esports ile Ortaklık Duyurdu

Floki U Tivisa Ntirhisano Na OG Esports Eka Valhalla Metaverse Game

فلوکی نے والہلہ میٹاورس گیم کے لیے OG Esports کے ساتھ شراکت داری کا اعلان کیا۔

Meet me in the Metaverse x The Metaverse is often viewed as a distant, or perhaps now not so distant, future. A society akin to Ready Player One where our life goals and purpose are directly linked to a virtual world. However, the concept of the Metaverse is less tangible than this. It’s best to view the Metaverse as an umbrella term for technological intervention in our daily lives. Plainly, the Metaverse is virtual public space - the combination of virtual technology and social interactions. In these spaces, we can feel present, create new forms of engagement and social etiquette. Remember Second Life from the early 2000s? In this game, players could create an avatar and interact with others in a virtual world. We can view spaces such as gaming platforms, social media, Zoom and VR all as elements that make up the Metaverse. These are, in essence, spaces where we are not constrained by physical boundaries but are instead hosted by technology. Behind the Screen: Who am I? Hello! My name is Catrin Hâf and I’m an avid creative technology enthusiast. I have a background in CGI and VFX and have done extensive research into creative technology - particularly looking into the Metaverse and future technological trends. I have published work in the tech field and I currently I work as a CGI producer so I am always keeping up with creative technology trends. How would you explain the Metaverse to your Mum? The Metaverse is an umbrella term used to describe technologically aided public spaces. This includes a Zoom call, social media as well as VR spaces. In my research I found that the term ‘Metaverse’ needs to be used a bit more loosely than the Silicon Valley type dream that it’s often portrayed as. We can see the concept of the Metaverse starting back with instances such as the novel Snow Crash as Metaverse themes have often been reflected or driven by science fiction. Importantly, to understand and define the Metaverse we have to look, not only forwards but also backwards, to the concepts and ideas that have developed through art and technology over the years. We’re now experiencing a bit of a gold rush with commercial hype surrounding all things Metaverse. In recent years we’ve seen Facebook rebrand to Meta, the rise of NFTs and the use of generative AI. These influxes and developments in technology can seem a bit overwhelming, but the important thing to remember is: the Metaverse is, was and will be. It’s best to find the fun in these technologies and engage with them in prosocial ways - whether that be having a weekly FaceTime with your family or constructing your own virtual world in VR - there is a place for everyone to engage and gain from. Definitely when we introduce social technology, we also introduce the possibility for harm, so it’s important we assess Metaverse technologies ethically and use them in a responsible way. What interests you the most about the possibilities of the Metaverse? I think the Metaverse can really be used for prosocial goals. To connect people with others and with spaces that can aid mental wellbeing and to give people more freedom. After the pandemic, we saw more flexibility in workplaces. Now many companies allow employees to work remotely if needed, giving parents, commuters and travellers freedom to live their lives with more ease. If we critically think about how Metaverse technologies can positively impact the lives of the everyday person, we can as a society and as developers and thinkers, morph the influx of these technologies in ways that are beneficial to people. What do you hate the most about the current crop of centralized Gaming/VR industry? As with centralisation, we of course see trends being driven by a very small group of developers and companies. For the most part, large players in the gaming and VR industry are of course driven by profit so narratives in design will reflect this. It’s likely then that large companies that have a big impact in this space have less freedom to be playful with the technology, to try and fail in ways that small companies and small creators can. This leaves us with an inherent difficulty to find uniqueness in Metaverse spaces. When spaces are designed for profit, they’re not designed specifically for user wellbeing, which I think is where we’re going to suffer. Understanding ethics in the Metaverse is and will be key for allowing users to interact with technology in a safe way. Because of the centralisation of the gaming and VR industry, we lack diversity in the steering of the technology and the sorts of outputs that are created. This is why I think design should go hand in hand with ethics and diversity in the Metaverse. Thanks for your time! Any final words? Something that I am exploring in this realm is the changing and adapting social etiquette that evolves in Metaverse spaces. As we find new ways of connecting through technology, we also may experience a bit of worry or annoyance at social behaviours. The fact is that technology is advancing rapidly in areas where we don't necessarily have a social script yet. I’ve been in professional meetings where the person on the other end of the Teams call is casually eating a full meal. Or for example, when I dash to grab a cup of tea I instinctively mute myself, but for others, they keep the camera and mic on. We're still figuring out the etiquette for these new virtual spaces, and it's pretty amusing to see how differently we all navigate them. Observing social etiquette and the slightly awkward stage of figuring it out in Metaverse spaces is something that we can all relate to. As we have quite a centralised base of companies creating mainstream Metaverse technology, it’ll be interesting to see if the lack of diversity subconsciously impacts how the etiquettes are formed - or perhaps we users are part guinea pig / part creator in this. If we look at VR spaces, there have been instances of users getting very uncomfortable when others have gotten too close to them. Throughout different cultures, attitudes to person space differ, but then what happens when we feel present through immersion in virtual spaces? Different attitudes from our physical lives may apply but in a virtual world we may have completely different takes. Social etiquette in the Metaverse is an ethical question, but on whose ideas do we decide is the norm? With centralisation it’s likely that spaces will have similar frameworks for us to work from. But with negative situations already happening, perhaps we as users will have to figure this out as we go. In our rapidly evolving digital landscape the metaverse is only as good as we make it — so let’s dive in, play nice, and create a virtual world where everyone can thrive. Meet me in the Metaverse x Meet me in the Metaverse x The Metaverse is often viewed as a distant, or perhaps now not so distant, future. A society akin to Ready Player One where our life goals and purpose are directly linked to a virtual world. However, the concept of the Metaverse is less tangible than this. It’s best to view the Metaverse as an umbrella term for technological intervention in our daily lives. Plainly, the Metaverse is virtual public space - the combination of virtual technology and social interactions. In these spaces, we can feel present, create new forms of engagement and social etiquette. Remember Second Life from the early 2000s? In this game, players could create an avatar and interact with others in a virtual world. We can view spaces such as gaming platforms, social media, Zoom and VR all as elements that make up the Metaverse. These are, in essence, spaces where we are not constrained by physical boundaries but are instead hosted by technology. virtual public space Behind the Screen: Who am I? Hello! My name is Catrin Hâf and I’m an avid creative technology enthusiast. I have a background in CGI and VFX and have done extensive research into creative technology - particularly looking into the Metaverse and future technological trends. I have published work in the tech field and I currently I work as a CGI producer so I am always keeping up with creative technology trends. How would you explain the Metaverse to your Mum? The Metaverse is an umbrella term used to describe technologically aided public spaces. This includes a Zoom call, social media as well as VR spaces. In my research I found that the term ‘Metaverse’ needs to be used a bit more loosely than the Silicon Valley type dream that it’s often portrayed as. We can see the concept of the Metaverse starting back with instances such as the novel Snow Crash as Metaverse themes have often been reflected or driven by science fiction. Importantly, to understand and define the Metaverse we have to look, not only forwards but also backwards, to the concepts and ideas that have developed through art and technology over the years. We’re now experiencing a bit of a gold rush with commercial hype surrounding all things Metaverse. In recent years we’ve seen Facebook rebrand to Meta, the rise of NFTs and the use of generative AI. These influxes and developments in technology can seem a bit overwhelming, but the important thing to remember is: the Metaverse is, was and will be. It’s best to find the fun in these technologies and engage with them in prosocial ways - whether that be having a weekly FaceTime with your family or constructing your own virtual world in VR - there is a place for everyone to engage and gain from. Definitely when we introduce social technology, we also introduce the possibility for harm, so it’s important we assess Metaverse technologies ethically and use them in a responsible way. What interests you the most about the possibilities of the Metaverse? I think the Metaverse can really be used for prosocial goals. To connect people with others and with spaces that can aid mental wellbeing and to give people more freedom. After the pandemic, we saw more flexibility in workplaces. Now many companies allow employees to work remotely if needed, giving parents, commuters and travellers freedom to live their lives with more ease. If we critically think about how Metaverse technologies can positively impact the lives of the everyday person, we can as a society and as developers and thinkers, morph the influx of these technologies in ways that are beneficial to people. What do you hate the most about the current crop of centralized Gaming/VR industry? As with centralisation, we of course see trends being driven by a very small group of developers and companies. For the most part, large players in the gaming and VR industry are of course driven by profit so narratives in design will reflect this. It’s likely then that large companies that have a big impact in this space have less freedom to be playful with the technology, to try and fail in ways that small companies and small creators can. This leaves us with an inherent difficulty to find uniqueness in Metaverse spaces. When spaces are designed for profit, they’re not designed specifically for user wellbeing, which I think is where we’re going to suffer. Understanding ethics in the Metaverse is and will be key for allowing users to interact with technology in a safe way. Because of the centralisation of the gaming and VR industry, we lack diversity in the steering of the technology and the sorts of outputs that are created. This is why I think design should go hand in hand with ethics and diversity in the Metaverse. Thanks for your time! Any final words? Something that I am exploring in this realm is the changing and adapting social etiquette that evolves in Metaverse spaces. As we find new ways of connecting through technology, we also may experience a bit of worry or annoyance at social behaviours. The fact is that technology is advancing rapidly in areas where we don't necessarily have a social script yet. I’ve been in professional meetings where the person on the other end of the Teams call is casually eating a full meal. Or for example, when I dash to grab a cup of tea I instinctively mute myself, but for others, they keep the camera and mic on. We're still figuring out the etiquette for these new virtual spaces, and it's pretty amusing to see how differently we all navigate them. Observing social etiquette and the slightly awkward stage of figuring it out in Metaverse spaces is something that we can all relate to. As we have quite a centralised base of companies creating mainstream Metaverse technology, it’ll be interesting to see if the lack of diversity subconsciously impacts how the etiquettes are formed - or perhaps we users are part guinea pig / part creator in this. If we look at VR spaces, there have been instances of users getting very uncomfortable when others have gotten too close to them. Throughout different cultures, attitudes to person space differ, but then what happens when we feel present through immersion in virtual spaces? Different attitudes from our physical lives may apply but in a virtual world we may have completely different takes. Social etiquette in the Metaverse is an ethical question, but on whose ideas do we decide is the norm? With centralisation it’s likely that spaces will have similar frameworks for us to work from. But with negative situations already happening, perhaps we as users will have to figure this out as we go. In our rapidly evolving digital landscape the metaverse is only as good as we make it — so let’s dive in, play nice, and create a virtual world where everyone can thrive.

Metaverse, Social Etiquette, and Societal Norms

Some metaverse critics point to the significant drop in the NFT market and giant tech companies such as Facebook and Microsoft scaling back their metaverse investments as evidence that the metaverse ambition is overhyped and destined to fail. While it is true that between 2021 and 2022 VC funding for metaverse projects saw a massive decline, likely caused by the crypto market meltdown, there is no doubt whatsoever that the metaverse is still a part of a unique slew of futuristic technologies whose long-term potentials continue to attract investors. The metaverse's potential to create a richly immersive digital experience, fostering a more interconnected world, is anything but dead. The 2024 crypto market's recovery offers a tailwind and the metaverse's long-term success still hinges on its ability to overcome technical hurdles and user adoption. The Metaverse Fever Pitch Any technology that is designed to push the boundaries of real-world socializing is bound to hit critical mass simply because in the last two decades, technology dependence rate has increased significantly, forming the basis of human interaction and fueling the emergence of revolutionary technologies such as AI , VR, AR, etc. With the metaverse, a VR-based technology, on the horizon, the human digital experience is bound to not only undergo a rebranding but also replace the existing infrastructure on which our digital world is built, stretching it beyond social media. Because the metaverse promises a diverse digital world with endless possibilities, it quickly gained the world’s attention and reached its fever pitch in 2021 with Facebook announcing that it had changed its company name to Meta. The Facebook name change was a defining moment in the development of the metaverse as its main competitors  such as Google and Microsoft also took the initiative to launch their own metaverse projects, promising to usher in a future where we can work, play, and conduct business activities in an immersive 3-D environment. The Crypto Winter’s Effect On Metaverse VC Funding The concept of the metaverse being very much attached to crypto space means that it is susceptible to the prevailing market sentiments. For example, despite the decline witnessed in 2022, data from DappRadar showed that venture capital firms invested $707 million into metaverse projects in the first half of 2023. However, violent bear markets can also take a significant toll on the development of the metaverse as happened in 2022 when funding for the metaverse space fell sharply by 87% from its exuberant peak of 2021, signaling a huge drop in investors confidence. Around this time, Facebook’s metaverse projects dubbed “Horizon Worlds’’ was facing challenges with reports suggesting low-user engagement and technological setbacks, contributing to the overall decline in investor confidence for metaverse projects throughout the year 2022. Although, the broader crypto winter and technological hurdles likely played a larger role, some critics believed that the Metaverse dream died with Facebook splurging billions of dollars on its a project that failed to yield any tangible results. Speaking to the UK Guardian, Rachel Foster Jones, a thematic analyst, criticized Facebook’s Horizon Worlds: “The cost of Mark Zuckerberg’s metaverse ambition is clearer than ever. Meta has put its entire business on the line for the metaverse, which still doesn’t exist, and the gamble is not paying off. Meta has been too busy attempting to push the metaverse that it has run its core ad business into the ground, and a string of poor results has taken its toll on investor confidence”. The State of the Metaverse 2024 With the crypto market experiencing a rebound, fueled by significant milestones such as the approval of the Bitcoin ETFs, there is now a clear indication that the metaverse hype has finally died down. Although challenges still remain, the crypto industry has grown more resilient and tighter regulatory oversight is helping to build a more complaint ecosystem for potential investors. In retrospect, the hype was worth it and the enduring potential of the metaverse implied that a decline in funding is nothing but a temporary setback. Nowhere is this more evident than in the fact that the metaverse is entering a more realistic growth phase today.  With the initial excitement being over, the focus has shifted to building its infrastructure and overcoming its real world challenges. According to the Digital Watch Observatory’s 2024 prediction: “The evolution of the metaverse stands at the intersection of technology and human imagination. Projections for 2024 indicate a potential leap forward, albeit rooted in ongoing advancements in AI, but also in developing high-quality chips that will give much-needed computing power. Our bet is still on the long-term success of metaverse. After the initial hype, practical applications will mark the years to come”. CIZ VERSE As a Case Study To further illustrate the evolving dynamics of the metaverse and its intersection with emerging technologies such as AI and blockchain , we shall take a cursory look at CIZ VERSE, an open source metaverse project geared towards the launch of the first Bitcoin-powered metaverse. At the heart of this project is a decentralized metaverse layer that blends blockchain technology with AI functionality to enhance asset creation from its repository of multimedia, including images and video. CIZ Verse leveraging AI exemplifies the practical applications which the Digital Watch Observatory predicted ‘’will mark the years to come’’ in the development of the metaverse, especially as it seeks to create a sprawling virtual environment replete with user-generated AI content capable of extending the capabilities of the Bitcoin ecosystem. In addition, its decentralization model will enable it to operate as an open platform where users can create, meet, interact, and transact and its blend of business and pleasure, enables it to combine commerce with mini-games, hangouts, and social features. Lastly, as a Bitcoin-powered metaverse,  it primarily targets a broad range of users, including Web3 natives, gamers, developers, and metaverse fans and as its open world evolves and user-generated content grows, it is bound to cater to a host of use cases and features, including NFTs, RWAs, and DeFi. Conclusion The metaverse in 2024 presents a picture of a renewed focus on its development both within and outside the crypto space. The initial frenzy surrounding it has gradually been replaced by a new approach dedicated to overcoming technical hurdles and building a solid foundation. Some metaverse critics point to the significant drop in the NFT market and giant tech companies such as Facebook and Microsoft scaling back their metaverse investments as evidence that the metaverse ambition is overhyped and destined to fail. metaverse While it is true that between 2021 and 2022 VC funding for metaverse projects saw a massive decline, likely caused by the crypto market meltdown, there is no doubt whatsoever that the metaverse is still a part of a unique slew of futuristic technologies whose long-term potentials continue to attract investors. The metaverse's potential to create a richly immersive digital experience, fostering a more interconnected world, is anything but dead. The 2024 crypto market's recovery offers a tailwind and the metaverse's long-term success still hinges on its ability to overcome technical hurdles and user adoption. The Metaverse Fever Pitch Any technology that is designed to push the boundaries of real-world socializing is bound to hit critical mass simply because in the last two decades, technology dependence rate has increased significantly, forming the basis of human interaction and fueling the emergence of revolutionary technologies such as AI , VR, AR, etc. With the metaverse, a VR-based technology, on the horizon, the human digital experience is bound to not only undergo a rebranding but also replace the existing infrastructure on which our digital world is built, stretching it beyond social media. Because the metaverse promises a diverse digital world with endless possibilities, it quickly gained the world’s attention and reached its fever pitch in 2021 with Facebook announcing that it had changed its company name to Meta. The Facebook name change was a defining moment in the development of the metaverse as its main competitors  such as Google and Microsoft also took the initiative to launch their own metaverse projects, promising to usher in a future where we can work, play, and conduct business activities in an immersive 3-D environment. The Crypto Winter’s Effect On Metaverse VC Funding The concept of the metaverse being very much attached to crypto space means that it is susceptible to the prevailing market sentiments. For example, despite the decline witnessed in 2022, data from DappRadar showed that venture capital firms invested $707 million into metaverse projects in the first half of 2023. $707 million However, violent bear markets can also take a significant toll on the development of the metaverse as happened in 2022 when funding for the metaverse space fell sharply by 87% from its exuberant peak of 2021, signaling a huge drop in investors confidence. funding Around this time, Facebook’s metaverse projects dubbed “Horizon Worlds’’ was facing challenges with reports suggesting low-user engagement and technological setbacks, contributing to the overall decline in investor confidence for metaverse projects throughout the year 2022. Although, the broader crypto winter and technological hurdles likely played a larger role, some critics believed that the Metaverse dream died with Facebook splurging billions of dollars on its a project that failed to yield any tangible results. Speaking to the UK Guardian, Rachel Foster Jones, a thematic analyst, criticized Facebook’s Horizon Worlds: “The cost of Mark Zuckerberg’s metaverse ambition is clearer than ever. Meta has put its entire business on the line for the metaverse, which still doesn’t exist, and the gamble is not paying off. Meta has been too busy attempting to push the metaverse that it has run its core ad business into the ground, and a string of poor results has taken its toll on investor confidence”. Speaking to the UK Guardian , Rachel Foster Jones, a thematic analyst, criticized Facebook’s Horizon Worlds: “The cost of Mark Zuckerberg’s metaverse ambition is clearer than ever. Meta has put its entire business on the line for the metaverse, which still doesn’t exist, and the gamble is not paying off. Meta has been too busy attempting to push the metaverse that it has run its core ad business into the ground, and a string of poor results has taken its toll on investor confidence”. UK Guardian The State of the Metaverse 2024 With the crypto market experiencing a rebound, fueled by significant milestones such as the approval of the Bitcoin ETFs, there is now a clear indication that the metaverse hype has finally died down. Although challenges still remain, the crypto industry has grown more resilient and tighter regulatory oversight is helping to build a more complaint ecosystem for potential investors. In retrospect, the hype was worth it and the enduring potential of the metaverse implied that a decline in funding is nothing but a temporary setback. Nowhere is this more evident than in the fact that the metaverse is entering a more realistic growth phase today.  With the initial excitement being over, the focus has shifted to building its infrastructure and overcoming its real world challenges. According to the Digital Watch Observatory’s 2024 prediction: “The evolution of the metaverse stands at the intersection of technology and human imagination. Projections for 2024 indicate a potential leap forward, albeit rooted in ongoing advancements in AI, but also in developing high-quality chips that will give much-needed computing power. Our bet is still on the long-term success of metaverse. After the initial hype, practical applications will mark the years to come”. According to the Digital Watch Observatory’s 2024 prediction: “The evolution of the metaverse stands at the intersection of technology and human imagination. Projections for 2024 indicate a potential leap forward, albeit rooted in ongoing advancements in AI, but also in developing high-quality chips that will give much-needed computing power. Our bet is still on the long-term success of metaverse. After the initial hype, practical applications will mark the years to come”. Digital Watch Observatory’s CIZ VERSE As a Case Study CIZ VERSE As a Case Study To further illustrate the evolving dynamics of the metaverse and its intersection with emerging technologies such as AI and blockchain , we shall take a cursory look at CIZ VERSE, an open source metaverse project geared towards the launch of the first Bitcoin-powered metaverse. At the heart of this project is a decentralized metaverse layer that blends blockchain technology with AI functionality to enhance asset creation from its repository of multimedia, including images and video. CIZ Verse leveraging AI exemplifies the practical applications which the Digital Watch Observatory predicted ‘’will mark the years to come’’ in the development of the metaverse, especially as it seeks to create a sprawling virtual environment replete with user-generated AI content capable of extending the capabilities of the Bitcoin ecosystem. In addition, its decentralization model will enable it to operate as an open platform where users can create, meet, interact, and transact and its blend of business and pleasure, enables it to combine commerce with mini-games, hangouts, and social features. Lastly, as a Bitcoin-powered metaverse,  it primarily targets a broad range of users, including Web3 natives, gamers, developers, and metaverse fans and as its open world evolves and user-generated content grows, it is bound to cater to a host of use cases and features, including NFTs, RWAs, and DeFi. Conclusion The metaverse in 2024 presents a picture of a renewed focus on its development both within and outside the crypto space. The initial frenzy surrounding it has gradually been replaced by a new approach dedicated to overcoming technical hurdles and building a solid foundation.

Is The Metaverse Truly Dead?  

The digital world is changing, and e-commerce is leading this change. In a few years, you could be walking around a virtual shopping center, checking out all your favorite brands – trying on clothes on your avatar, and earning rewards for browsing. This isn’t sci-fi: it’s the future of shopping in the metaverse. Statista predicts that spending in this space will jump from $30.6bn in 2024 to $210.3bn by 2030, driven by artificial intelligence (AI). By the end of this decade, there could be 1.3 billion people regularly shopping in virtual worlds. In this article, we’ll look at how AI is changing metaverse shopping – and everything from finding products to engaging customers. The Rise of Metaverse Shopping From crowded aisles to endless scrolling through product pages online, our shopping habits have come a long way. E-commerce changed retail; now the metaverse is taking things up another level. Historical Context: **1968:**The movie 2001: A Space Odyssey showed early ideas of immersive digital experiences.1973:Maze War, the first virtual world, let users interact in a digital environment, setting the stage for future virtual worlds.1992: Sci-fi writer Neal Stephenson coined the term “metaverse” in his novel Snow Crash, describing a fully immersive virtual reality. 2009: The Introduction of blockchain technology with Bitcoin laid the foundation for digital ownership and transactions, a crucial part of the metaverse economy. Key Milestones in Metaverse Development: 2012: Oculus raised $2.5 million for its VR headset, a big step towards consumer-accessible VR. Facebook bought Oculus in 2014. 2016: Oculus releases the Rift, the first widely available VR headset, bringing immersive experiences closer to reality. 2020: Over 5 million VR and AR headsets are shipped annually, showing growing consumer interest in immersive technology. 2021: Facebook rebrands as Meta, investing $10 billion and hiring 10,000 people in Europe to develop the metaverse. AI's Transformative Impact on the Shopping Experience Artificial Intelligence (AI) has more to give than self-driving vehicles or virtual assistants. It is transforming the metaverse shopping experience into something personal, efficient, and fun. Here’s how: Your Virtual Shopping Assistant Your unique preferences are understood by AI through analysis of your purchase behavior, browsing history, and even social media engagements. Mallconomy for example can offer personalized product recommendations that guide you towards items that you will most likely love. See it Before You Buy It With virtual try-on tools powered by AI, you can try clothes on your avatar or place furniture in your digital space to see how it looks and fits. Behind the Scenes Efficiency SRetailers are helped with demand predictions, hence products being made available when customers need them most at their desired locations resulting in reduced stock outs coupled with quicker deliveries. Shopping as an Adventure Engagement forms within the metaverse also get powered by artificial intelligence that is new as well as exciting. Some examples include the “Browse To Earn” model endorsed by different brands where users’ time spent onsite attracts rewards for them. Here's a quick comparison of traditional vs. AI-powered shopping: Feature

Traditional Shopping

AI-Powered Shopping in the Metaverse



Recommendations

Limited, often generic

Personalized based on individual preferences



Try-ons

Physical fitting rooms only

Virtual try-on and styling options



Customer service

Limited hours, potential wait times

24/7 support from chatbots/virtual assistants



Inventory management

Less efficient, potential for stockouts

AI-optimized for better availability



Engagement

Primarily transactional

Gamified, interactive experiences Mallconomy: A Case Study in AI-Powered Metaverse Shopping Mallconomy is an example of the growing field of AI-powered metaverse shopping. It’s a virtual space where users can shop, enjoy entertainment, and socialize with other users. The “Browse-to-earn” model which is one of the key features of Mallconomy, uses AI to reward users for exploring and shopping within the virtual mall. AI-Powered Features Mallconomy leverages AI in several key areas: Personalized Recommendations: Mallconomy analyzes customer data like browsing habits or purchase history through artificial intelligence systems. Using this data the platform suggests items most relevant to each user on their platform based on their interests, making shopping more entertaining for them. ChatGPT-Powered Avatars: Sales assistants become intelligent thanks to Mallconomy’s integration with Ready Player Me avatars which are supported by ChatGPT too. This makes it possible for the round-the-clock support service to answer any questions about products or help with choosing and buying things. Browse-to-Earn Model: Mallconomy also has a gamified system called “Browse-to-Earn” which rewards users with $WOOT tokens for looking through different categories as well as purchasing goods. Community-Driven Commerce and NFTs The goal behind Mallconomy was community building and creative empowerment. To achieve this, artists can display their work on its marketplace. In this way, they can earn money when people buy NFTs from them. With the adoption of non-fungible tokens, there's a global trend towards digital ownership within metaverses, complemented by collectibility. MallCard NFTs and Staking MallCard NFTs work in two ways. First, they act as membership cards that grant various access privileges such as Launchpad. Second, they can be staked for higher rewards thereby making the experience more game-like and encouraging users to stay involved with the Mallconomy ecosystem. Roadmap and Future Developments As part of their roadmap, Mallconomy plans to introduce land sales in metaverses where users can buy virtual spaces to run their stores while still operating them digitally. There is also an upcoming Launchpad feature that will democratize the investment process for metaverse projects hosted on this platform. What Other Brands Are Up To in the Metaverse Brands are jumping into the metaverse to create exciting shopping experiences. Here are some examples: Disney - Entertainment In 2022, Disney started selling "Golden Moments" NFTs with VeVe and is planning a virtual theme park. This lets fans enjoy Disney magic in a whole new way. Nike - Sports and Fashion Nike launched "Nikeland" in Roblox in 2021. Over 26 million visitors have explored, played games, and bought digital Nike items. Nike also sold digital sneakers as NFTs, making a big splash in the metaverse. Gucci - Luxury Gucci opened the "Gucci Garden" on Roblox in 2021. Here, users can explore a virtual Gucci store and buy digital items. This space gives a luxurious shopping experience online. The Metaverse Awaits The future of shopping is immersive, personal, and rewarding – it’s about stepping into the world. This is where you connect with communities who provide incentives for your involvement beyond buying items. This process driven largely thanks to AI systems makes retail shopping more enjoyable than ever before while creating additional touchpoints between brands and consumers. However, there is still much to explore within metaverse space that requires us to not only embrace but also further explore these unknown areas waiting for discovery. By doing so, we will redefine our understanding of shopping patterns and socializing habits when dealing with physical rather than digital outlets. From pixels to profits, let us start on a journey that will change forever how we see markets today! The digital world is changing, and e-commerce is leading this change. In a few years, you could be walking around a virtual shopping center, checking out all your favorite brands – trying on clothes on your avatar, and earning rewards for browsing. This isn’t sci-fi: it’s the future of shopping in the metaverse. Statista predicts that spending in this space will jump from $30.6bn in 2024 to $210.3bn by 2030, driven by artificial intelligence (AI). By the end of this decade, there could be 1.3 billion people regularly shopping in virtual worlds. Statista Statista In this article, we’ll look at how AI is changing metaverse shopping – and everything from finding products to engaging customers. The Rise of Metaverse Shopping The Rise of Metaverse Shopping From crowded aisles to endless scrolling through product pages online, our shopping habits have come a long way. E-commerce changed retail; now the metaverse is taking things up another level. Historical Context: Historical Context: **1968:**The movie 2001: A Space Odyssey showed early ideas of immersive digital experiences. 1973: Maze War, the first virtual world, let users interact in a digital environment, setting the stage for future virtual worlds. 1992: Sci-fi writer Neal Stephenson coined the term “metaverse” in his novel Snow Crash, describing a fully immersive virtual reality. 1973: 1992: 2009: The Introduction of blockchain technology with Bitcoin laid the foundation for digital ownership and transactions, a crucial part of the metaverse economy. 2009: Key Milestones in Metaverse Development: Key Milestones in Metaverse Development: 2012: Oculus raised $2.5 million for its VR headset, a big step towards consumer-accessible VR. Facebook bought Oculus in 2014. 2012: 2016: Oculus releases the Rift, the first widely available VR headset, bringing immersive experiences closer to reality. 2016: 2020: Over 5 million VR and AR headsets are shipped annually, showing growing consumer interest in immersive technology. 2020: 2021: Facebook rebrands as Meta, investing $10 billion and hiring 10,000 people in Europe to develop the metaverse. 2021: AI's Transformative Impact on the Shopping Experience Artificial Intelligence (AI) has more to give than self-driving vehicles or virtual assistants. It is transforming the metaverse shopping experience into something personal, efficient, and fun. Here’s how: Your Virtual Shopping Assistant Your unique preferences are understood by AI through analysis of your purchase behavior, browsing history, and even social media engagements. Mallconomy for example can offer personalized product recommendations that guide you towards items that you will most likely love. See it Before You Buy It With virtual try-on tools powered by AI, you can try clothes on your avatar or place furniture in your digital space to see how it looks and fits. Behind the Scenes Efficiency SRetailers are helped with demand predictions, hence products being made available when customers need them most at their desired locations resulting in reduced stock outs coupled with quicker deliveries. Shopping as an Adventure Engagement forms within the metaverse also get powered by artificial intelligence that is new as well as exciting. Some examples include the “Browse To Earn” model endorsed by different brands where users’ time spent onsite attracts rewards for them. Here's a quick comparison of traditional vs. AI-powered shopping: Feature

Traditional Shopping

AI-Powered Shopping in the Metaverse



Recommendations

Limited, often generic

Personalized based on individual preferences



Try-ons

Physical fitting rooms only

Virtual try-on and styling options



Customer service

Limited hours, potential wait times

24/7 support from chatbots/virtual assistants



Inventory management

Less efficient, potential for stockouts

AI-optimized for better availability



Engagement

Primarily transactional

Gamified, interactive experiences Feature

Traditional Shopping

AI-Powered Shopping in the Metaverse Recommendations

Limited, often generic

Personalized based on individual preferences Try-ons

Physical fitting rooms only

Virtual try-on and styling options Customer service

Limited hours, potential wait times

24/7 support from chatbots/virtual assistants Inventory management

Less efficient, potential for stockouts

AI-optimized for better availability Engagement

Primarily transactional

Gamified, interactive experiences Feature Traditional Shopping AI-Powered Shopping in the Metaverse Feature Feature Traditional Shopping Traditional Shopping AI-Powered Shopping in the Metaverse AI-Powered Shopping in the Metaverse Recommendations Limited, often generic Personalized based on individual preferences Recommendations Recommendations Limited, often generic Limited, often generic Personalized based on individual preferences Personalized based on individual preferences Try-ons Physical fitting rooms only Virtual try-on and styling options Try-ons Try-ons Physical fitting rooms only Physical fitting rooms only Virtual try-on and styling options Virtual try-on and styling options Customer service Limited hours, potential wait times 24/7 support from chatbots/virtual assistants Customer service Customer service Limited hours, potential wait times Limited hours, potential wait times 24/7 support from chatbots/virtual assistants 24/7 support from chatbots/virtual assistants Inventory management Less efficient, potential for stockouts AI-optimized for better availability Inventory management Inventory management Less efficient, potential for stockouts Less efficient, potential for stockouts AI-optimized for better availability AI-optimized for better availability Engagement Primarily transactional Gamified, interactive experiences Engagement Engagement Primarily transactional Primarily transactional Gamified, interactive experiences Gamified, interactive experiences Mallconomy: A Case Study in AI-Powered Metaverse Shopping Mallconomy is an example of the growing field of AI-powered metaverse shopping. It’s a virtual space where users can shop, enjoy entertainment, and socialize with other users. The “Browse-to-earn” model which is one of the key features of Mallconomy, uses AI to reward users for exploring and shopping within the virtual mall. Mallconomy Mallconomy AI-Powered Features Mallconomy leverages AI in several key areas: Personalized Recommendations: Mallconomy analyzes customer data like browsing habits or purchase history through artificial intelligence systems. Using this data the platform suggests items most relevant to each user on their platform based on their interests, making shopping more entertaining for them. Personalized Recommendations : Mallconomy analyzes customer data like browsing habits or purchase history through artificial intelligence systems. Using this data the platform suggests items most relevant to each user on their platform based on their interests, making shopping more entertaining for them. Personalized Recommendations ChatGPT-Powered Avatars: Sales assistants become intelligent thanks to Mallconomy’s integration with Ready Player Me avatars which are supported by ChatGPT too. This makes it possible for the round-the-clock support service to answer any questions about products or help with choosing and buying things. ChatGPT-Powered Avatars : Sales assistants become intelligent thanks to Mallconomy’s integration with Ready Player Me avatars which are supported by ChatGPT too. This makes it possible for the round-the-clock support service to answer any questions about products or help with choosing and buying things. ChatGPT-Powered Avatars Browse-to-Earn Model: Mallconomy also has a gamified system called “Browse-to-Earn” which rewards users with $WOOT tokens for looking through different categories as well as purchasing goods. Browse-to-Earn Model: Mallconomy also has a gamified system called “Browse-to-Earn” which rewards users with $WOOT tokens for looking through different categories as well as purchasing goods. Browse-to-Earn Model: Community-Driven Commerce and NFTs The goal behind Mallconomy was community building and creative empowerment. To achieve this, artists can display their work on its marketplace. In this way, they can earn money when people buy NFTs from them. With the adoption of non-fungible tokens, there's a global trend towards digital ownership within metaverses, complemented by collectibility. MallCard NFTs and Staking MallCard NFTs work in two ways. First, they act as membership cards that grant various access privileges such as Launchpad. Second, they can be staked for higher rewards thereby making the experience more game-like and encouraging users to stay involved with the Mallconomy ecosystem. Roadmap and Future Developments As part of their roadmap, Mallconomy plans to introduce land sales in metaverses where users can buy virtual spaces to run their stores while still operating them digitally. There is also an upcoming Launchpad feature that will democratize the investment process for metaverse projects hosted on this platform. What Other Brands Are Up To in the Metaverse Brands are jumping into the metaverse to create exciting shopping experiences. Here are some examples: Disney - Entertainment In 2022, Disney started selling "Golden Moments" NFTs with VeVe and is planning a virtual theme park. This lets fans enjoy Disney magic in a whole new way. Nike - Sports and Fashion Nike launched "Nikeland" in Roblox in 2021. Over 26 million visitors have explored, played games, and bought digital Nike items. Nike also sold digital sneakers as NFTs, making a big splash in the metaverse. Gucci - Luxury Gucci opened the "Gucci Garden" on Roblox in 2021. Here, users can explore a virtual Gucci store and buy digital items. This space gives a luxurious shopping experience online. The Metaverse Awaits The future of shopping is immersive, personal, and rewarding – it’s about stepping into the world. This is where you connect with communities who provide incentives for your involvement beyond buying items. This process driven largely thanks to AI systems makes retail shopping more enjoyable than ever before while creating additional touchpoints between brands and consumers. However, there is still much to explore within metaverse space that requires us to not only embrace but also further explore these unknown areas waiting for discovery. By doing so, we will redefine our understanding of shopping patterns and socializing habits when dealing with physical rather than digital outlets. From pixels to profits, let us start on a journey that will change forever how we see markets today!

From Pixels to Profits: The Impact of AI-Powered Metaverse Shopping on the Future of Commerce

পিক্সেল থেকে লাভ পর্যন্ত: বাণিজ্যের ভবিষ্যতের উপর এআই-চালিত মেটাভার্স শপিংয়ের প্রভাব

Von Pixeln zu Gewinnen: Die Auswirkungen des KI-gestützten Metaverse-Shoppings auf die Zukunft des Handels

De los píxeles a las ganancias: el impacto de las compras metaversas impulsadas por IA en el futuro del comercio

Des pixels aux profits : l'impact du shopping métaverse alimenté par l'IA sur l'avenir du commerce

पिक्सेल से मुनाफ़े तक: वाणिज्य के भविष्य पर AI-संचालित मेटावर्स शॉपिंग का प्रभाव

ピクセルから利益へ: AI を活用したメタバース ショッピングが商取引の未来に与える影響

픽셀에서 이익으로: AI 기반 메타버스 쇼핑이 미래 상거래에 미치는 영향

Dos pixels aos lucros: o impacto das compras no metaverso alimentadas por IA no futuro do comércio

От пикселей к прибыли: влияние покупок в метавселенной с использованием искусственного интеллекта на будущее коммерции

Piksellerden Kârlara: Yapay Zeka Destekli Metaverse Alışverişinin Ticaretin Geleceği Üzerindeki Etkisi

Từ điểm ảnh đến lợi nhuận: Tác động của việc mua sắm Metaverse được hỗ trợ bởi AI đối với tương lai của thương mại

从像素到利润：人工智能驱动的元宇宙购物对未来商业的影响

RAND Suggests Metaverses Could Operate as Modern Societal States

RAND পরামর্শ দেয় মেটাভার্স আধুনিক সামাজিক রাষ্ট্র হিসাবে কাজ করতে পারে

RAND schlägt vor, Metaversen könnten als moderne Gesellschaftsstaaten funktionieren

RAND sugiere que los metaversos podrían funcionar como estados sociales modernos

RAND suggère que les métavers pourraient fonctionner comme des États sociétaux modernes

RAND का सुझाव है कि मेटावर्स आधुनिक सामाजिक राज्यों के रूप में काम कर सकते हैं

RANDはメタバースが現代の社会国家として機能する可能性を示唆

RAND는 메타버스가 현대 사회 국가로 작동할 수 있다고 제안합니다.

RAND sugere que metaversos poderiam operar como estados sociais modernos

RAND предполагает, что метавселенные могут функционировать как современные социальные состояния

RAND, Meta Veri Dizilerinin Modern Toplumsal Durumlar Olarak İşleyebileceğini Öneriyor

RAND đề xuất Metaverses có thể hoạt động như các quốc gia xã hội hiện đại

兰德公司认为元宇宙可以像现代社会国家一样运作

**CASAL DI BASSO CS, Italy, April 29th, 2024/Chainwire/--**Darklume VR, a trailblazer in the VR entertainment industry, proudly announces its launch of DarkLume VR, an amazing virtual world where the user can experience fun, entertainment, and fantasy elements like never before. The mission of DarkLume VR is to create a dynamic and immersive metaverse in which users can connect with like-minded individuals and experience the epitome of luxury and sophistication. Users can join the presale here. Darklume VR transports players into a realm where reality meets fantasy, offering an unbelievable level of immersion that blurs the lines between the physical and virtual worlds. Through cutting-edge technology and innovative design, Darklume VR provides online gamers with an immersive experience like never before, delivering stunning visuals and realistic soundscapes. Users can enter the DarkLumes nightlife with breathtaking dance floors and virtual clubs, igniting their inner feelings and accumulating digital wealth. Users can build long-lasting relationships or plan their strategies to make money online and come out wealthy. "At Darklume, we are committed to pushing the boundaries of virtual entertainment and fun," said the CEO of Darklume. "With Darklume VR, we are not only redefining the immersive metaverse experience but also unlocking new possibilities for creativity, collaboration, and exploration within the virtual realm." Key features of Darklume VR include: DLUME currency: Use DarkLume's native currency, DLUME, to engage in any of the activities within the DarkLume VR. It serves as the primary medium of exchange. The more DLUME coins the user has, the higher the rate of fun and enjoyment. Country citizenship Every country within the DarkLume Metaverse offers citizenship by holding a minimum specific token. Maintaining the citizenship To maintain citizenship in the country, the user has to pay the taxes levied on them; otherwise, their citizenship will be revoked. Users can spend their DLUME Coins on various activities and earn them within Darklume VR by engaging in social activities. Another interesting fact here is that every user without any sources of income will be receiving unemployment wages, but they cannot be used for personal gain. To celebrate the launch of Darklume VR, Darklume is offering a special airdrop worth $15000. Users can visit the DarkLume VR Twitter (X) handle, complete the small task, and become part of their dream world. About Darklume DarkLume VR presents a unique virtual metaverse concept combining social interaction, fantasy elements, and a gamified ecosystem. Through its native tokens, DLUME, users can fulfill their unfulfilled desires in the Virtual world. The elements include monthly unemployment wages, tipping each other, helping society, and engaging in social activity. DarkLume is pushing its boundaries to offer fun, fantasy, and entertainment of another level, along with beautiful games to explore. With the continuous support of loyal investors and an active community, DarkLume VR strives to achieve a level beyond one can imagine. For more updates, users can join DarkLume VR Telegram and follow them on Twitter Contact Osvaldo Rizzo Osvaldo111@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **CASAL DI BASSO CS, Italy, April 29th, 2024/Chainwire/--**Darklume VR, a trailblazer in the VR entertainment industry, proudly announces its launch of DarkLume VR, an amazing virtual world where the user can experience fun, entertainment, and fantasy elements like never before. The mission of DarkLume VR is to create a dynamic and immersive metaverse in which users can connect with like-minded individuals and experience the epitome of luxury and sophistication. Users can join the presale here. here. here. Darklume VR transports players into a realm where reality meets fantasy, offering an unbelievable level of immersion that blurs the lines between the physical and virtual worlds. Through cutting-edge technology and innovative design, Darklume VR provides online gamers with an immersive experience like never before, delivering stunning visuals and realistic soundscapes. Users can enter the DarkLumes nightlife with breathtaking dance floors and virtual clubs, igniting their inner feelings and accumulating digital wealth. Users can build long-lasting relationships or plan their strategies to make money online and come out wealthy. "At Darklume, we are committed to pushing the boundaries of virtual entertainment and fun," said the CEO of Darklume. "With Darklume VR, we are not only redefining the immersive metaverse experience but also unlocking new possibilities for creativity, collaboration, and exploration within the virtual realm." "At Darklume, we are committed to pushing the boundaries of virtual entertainment and fun," said the CEO of Darklume. "With Darklume VR, we are not only redefining the immersive metaverse experience but also unlocking new possibilities for creativity, collaboration, and exploration within the virtual realm." Key features of Darklume VR include: DLUME currency: Use DarkLume's native currency, DLUME, to engage in any of the activities within the DarkLume VR. It serves as the primary medium of exchange. The more DLUME coins the user has, the higher the rate of fun and enjoyment. Country citizenship Every country within the DarkLume Metaverse offers citizenship by holding a minimum specific token. Maintaining the citizenship To maintain citizenship in the country, the user has to pay the taxes levied on them; otherwise, their citizenship will be revoked. Users can spend their DLUME Coins on various activities and earn them within Darklume VR by engaging in social activities. Another interesting fact here is that every user without any sources of income will be receiving unemployment wages, but they cannot be used for personal gain. To celebrate the launch of Darklume VR, Darklume is offering a special airdrop worth $15000. Users can visit the DarkLume VR Twitter (X) handle, complete the small task, and become part of their dream world. Twitter (X) Twitter (X) About Darklume DarkLume VR presents a unique virtual metaverse concept combining social interaction, fantasy elements, and a gamified ecosystem. Through its native tokens, DLUME, users can fulfill their unfulfilled desires in the Virtual world. The elements include monthly unemployment wages, tipping each other, helping society, and engaging in social activity. DarkLume is pushing its boundaries to offer fun, fantasy, and entertainment of another level, along with beautiful games to explore. With the continuous support of loyal investors and an active community, DarkLume VR strives to achieve a level beyond one can imagine. For more updates, users can join DarkLume VR Telegram and follow them on Twitter Telegram Telegram Twitter Twitter Contact Osvaldo Rizzo Osvaldo111@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. here. here.

Fantasy Metaverse Darklume - Presale Is LIVE

ফ্যান্টাসি মেটাভার্স ডার্কলুম - প্রিসেল লাইভ

Fantasy Metaverse Darklume – Der Vorverkauf ist LIVE

Fantasy Metaverse Darklume - La preventa está EN VIVO

Fantasy Metaverse Darklume - La prévente est en direct

फ़ैंटेसी मेटावर्स डार्कल्यूम - प्रीसेल लाइव है

ファンタジー メタバース ダークルーム - 先行販売開始

Fantasy Metaverse Darklume - 사전 판매가 진행 중입니다.

Fantasy Metaverse Darklume – A pré-venda está AO VIVO

Fantasy Metaverse Darklume — уже началась предварительная продажа

Fantasy Metaverse Darklume - Ön Satış Yayında

Fantasy Metaverse Darklume - Bán trước đang TRỰC TIẾP

幻想元宇宙 Darklume - 预售现已开启

Virtual voodoo dolls, autonomous avatars & digital doppelgangers will be your behavior-profiling passports in the metaverse: perspective Your metaverse identity, with its , biometric data capture, and behavior profiling, will be central to your everyday life, according to a World Economic Forum (WEF) report. digital ID “Metaverse identity” is a relatively new concept that the WEF and Accenture describe in great detail in a new 48-page entitled “ .” report Metaverse Identity: Defining the Self in a Blended Reality According to the report: “As people spend more time exploring, playing and socializing in digital experiences, as well as to the way they express their personal identity.” a person’s metaverse identity will be central to their day-to-day life But what exactly do the unelected globalists mean by “metaverse identity?” “A person’s metaverse identity will be central to their day-to-day life” METAVERSE IDENTITY: DEFINING THE SELF IN A BLENDED REALITY, WEF, MARCH 2024 Metaverse identity encompasses three components: : including personal, social and role identity, be it through avatars, pseudonyms or other digital expressions Representation : capturing the intricate web of knowledge about individuals generated by metaverse supporting hardware and software Data : be it through driver’s licenses, government-issued IDs, passports, birth certificates, attestations, labels, or usernames and passwords Identification (ID) According to the report, “ .” Metaverse identity broadens ‘identity’ as it is known today and combines it with the digital underpinnings of the internet. It is a multi-layered construct of an individual or entity, including everything from representation to data and identification With these three components, identity in the metaverse “ .” connects and anchors a person to the physical and virtual world Let’s break them down, starting with . representation “The notion of ‘representation’ is not just about pixels and graphics; it’s a reflection of societal values, inclusivity and the human desire for authenticity […] Representational design choices extend to the design of digital entities – from embodied virtual agents to non-embodied virtual assistants” METAVERSE IDENTITY: DEFINING THE SELF IN A BLENDED REALITY, WEF, MARCH 2024 has to do with how you present and express yourself in the , whether it’s a realistic likeness of yourself or an abstract, creative, or artistic version. Representation metaverse The authors say that, “ ,” so there is an element of behavior profiling going on in the representation category, which we will also see in the data capture and identification categories. These expressions may extend to include words, actions, behaviors and mannerisms Representation in the metaverse will also take on a new meaning with the introduction of digital entities that act on your behalf. According to the report, “ […] .” Digital entities may represent humans, objects, systems or abstract concepts, and are capable of varying degrees of interaction, autonomy and behavior within digital experiences They are capable of mimicking human communication and may be used as sales assistants, corporate trainers, social media influencers and more Like non-player characters (NPCs) in videogames, these digital doppelgangers attempt to mimic human behavior. And like a virtual voodoo doll, if something goes wrong with your digital entity, it could spill over into your personal life in the real world. “ ,” the report cautions, adding, “ .” While digital entities can offer innovative interactions and functionalities within the metaverse, they may commit real-world harms The ability to manipulate or create misinformation through digital entities – such as chatbots and photoreal avatars – raises ethical and security concerns Now let’s dig into the category. data “Identity goes beyond ID, like a passport or driver’s license. Metaverse identity includes data points” METAVERSE IDENTITY: DEFINING THE SELF IN A BLENDED REALITY, WEF, MARCH 2024 The category of metaverse identity is aimed at gathering and analyzing data to make inferences about you, and it will be used to predict your behavior, thanks to AI and Machine Learning. data “ ,” the report reads. Paired with artificial intelligence (AI)/machine learning (ML) models that can analyze a person’s interactions, movements and preferences further generates identity “ . Whether these (inferred) data points are capturing a person’s current activities, predicting their next action or future preferences, these data-based breadcrumbs provide information into one’s identity “ .” These attributes may influence the way the virtual environment responds to an individual, and outsiders perceive an individual or entity This aspect of metaverse identity is important to unelected globalists who are obsessed with manipulating human behavior and controlling what people think and do. data “There is a risk that governments could use aggregated inferred data for surveillance, monitoring dissidents, or suppressing certain groups without their active consent” METAVERSE IDENTITY: DEFINING THE SELF IN A BLENDED REALITY, WEF, MARCH 2024 Inferred data, “ ,” according to the report. now aided by AI/ML, can examine seemingly unrelated behaviors, actions and choices to draw meaningful conclusions about a person’s preferences, background and intentions Once you know intent, whether of an individual or an unelected globalist think tank, then it becomes a lot easier to predict what they’ll do or say next, even if they deceptively try to mask their true intentions. And, “ .” While this data is collected to enhance the person’s experience, it could also be analyzed to make inferences as to their real-world identity or preferences and used for targeted advertising or other purposes without their consent Making inferences for “other purposes” without the user’s consent is what defense and intelligence agencies are after in the metaverse. A recent suggests as much with respect to the US Department of Homeland Security (DHS) looking to spy on users in the metaverse, stating, “ .” RAND Corporation report As DHS grapples with emerging challenges by monitoring and analyzing users’ activity in metaverses, it should undertake legal and ethical reviews of what information is collected and how it is managed Now, we shall move on to the category. identification “The concept of identity is contextual, flexible, complex and fluid […] Identity extends into the intricacies of an individual’s behaviors, actions and choices” METAVERSE IDENTITY: DEFINING THE SELF IN A BLENDED REALITY, WEF, MARCH 2024 Perhaps the most confusing part of metaverse identity is the or ID aspect because digital ID and digital identity are terms that are often used interchangeably, including by yours truly, but they are quite different. identification Identification is about identifying, verifying, and authenticating who someone is. Identity on the other hand, ,” according to the report. “consists of layered aspects of cultural heritage, ethnicity, age, professional and social roles, hobbies, gender identification, sexual orientation and much more Now that we’ve taken care of the distinction between the two, your digital ID will be your passport to the metaverse, and like with a passport, there will be certain areas that you will not be able to access. According to the report, “ .” Similar to today’s traditional identification systems – like passports and driver’s licenses – IDs may evolve to include unique avatar designs, new body-based attestations or unique virtual signatures that validate one’s existence and grant access to specific realms or activities To illustrate how digital ID plays into digital identity, the authors say, “ .” Forms of ID – such as passports and government IDs – formalize an individual’s identity; additionally, these can serve as credentials or means of authenticating and verifying individuals across physical and digital spaces “Metaverse identity is integral to future internet interactions” Metaverse Identity: Defining the Self in a Blended Reality, WEF, March 2024 Now that we’ve gone through the three components that make up metaverse identity, what are some of the potential drawbacks? For starters, the report says, “ .” There is a risk that governments could use aggregated inferred data for surveillance, monitoring dissidents or suppressing certain groups without their active consent Your metaverse identity can include your real-time biometrics, such as pupil dilation, heart rate, and brainwaves, so that companies and governments can infer how you are feeling and reacting to their goods, services, or policies. Historian of this same technology falling into the hands of dictators at the 2020 WEF Annual Meeting in Davos. There, he said: Yuval Noah Harari spoke “ . Just imagine North Korea in 20 years where everybody has to wear a biometric bracelet, which constantly monitors your blood pressure, your heart rate, your brain activity 24 hours a day “ .” You listen to a speech on the radio by the ‘Great Leader,’ and they know what you actually feel — you can clap your hands and smile, but if you’re angry, they know you’ll be in the gulag tomorrow morning Having a biometric data capturing device attached to your body that knows what you’ll do before you do it raises serious ethical questions about how the data is collected, where that data goes, and who has access to some of the most intimate details of your life. For the past few years, Meta has been working on , which combines augmented reality with artificial intelligence to create realistic 3D renderings of people, places, and things, including living spaces. Project Aria When Mark Zuckerberg explained his vision for the metaverse at Connect 2021, he highlighted how Project Aria could map a person’s apartment, including everything in it (see video below). https://www.youtube.com/watch?v=Uvufun6xer8&embedable=true Imagine how valuable that information would be to companies — knowing which products you use, which ones they think you’ll want, and how you organize your living space, so they can manufacture extremely personalized ads. What could insurance companies do with that data? How would landlords react? Now, think about how governments, intelligence agencies, and law enforcement would love to get their hands on that type of data. With the data collected from someone wearing a pair of AR glasses, who needs facial recognition, geolocation tracking, or contact tracing when governments and corporations can see what you see, hear what you hear, and know where you and what you are doing in real-time? Of course, these dystopian scenarios need not come to pass, and indeed great efforts are being made to safeguard privacy in the design of these tools and systems — at least for now. The metaverse identity report is replete with cautionary tales and references to building systems that are fair, just, diverse, equitable, inclusive, privacy-preserving, and every other type of virtuous buzzword they think you want to hear. Over time; however, goalposts may shift, emergencies may be declared, and laws and regulations may be circumvented. And what do the authors of the metaverse identity report propose to safeguard the metaverse and its integrity? Their solution is to put “the onus on the global community.” “ .” The metaverse could be fertile ground for powerful manipulative tactics, putting the onus on the global community to establish robust frameworks that not only facilitate the growth of the metaverse but also safeguard its integrity Is “the global community” ever defined in the report? No, but the WEF calls itself the “International Organization for Public-Private Cooperation” and has its Global Innovators, Young Global Leaders, and Global Shapers communities, which might give us a clue as to whom they are referring. The metaverse will no doubt change the way we work and play, leading to exciting cross-disciplinary collaborations, scientific discoveries, and untapped marketplaces. But if the unelected globalists and unaccountable technocrats are in charge of governance, the metaverse will be nothing more than a digital playground for the great reset agenda where your digital identity determines your level of entry and where anything you say or do in the virtual world will come back to haunt you in the physical one and vice versa — there will be no distinction between the two. Once everyone is hooked up to a digital identity while plugged into the metaverse, all that is needed to quash dissent is a simple flick a switch on someone’s digital identity and voila! it’s like that person doesn’t exist anymore. Your metaverse identity, with its virtual voodoo dolls, autonomous avatars, and digital doppelgangers will be your passport in the metaverse, where it will be used to surveil, predict, and mimic your behavior while determining your level of access to information and spaces. But not to worry, your metaverse identity will be essential to your day-to-day life and will be integral to all your future internet interactions. only only This article was originally published by on Tim Hinchliffe The Sociable.

The Metaverse Identity: A Soon-To-Be Cornerstone of Daily Life According to WEF Report

দ্য মেটাভার্স আইডেন্টিটি: ডব্লিউইএফ রিপোর্ট অনুসারে দৈনন্দিন জীবনের একটি শীঘ্রই হতে হবে

Die Metaverse-Identität: Laut WEF-Bericht bald ein Eckpfeiler des täglichen Lebens

La identidad del metaverso: una futura piedra angular de la vida diaria según el informe del WEF

L'identité du métaverse : une pierre angulaire de la vie quotidienne selon le rapport du WEF

मेटावर्स पहचान: WEF रिपोर्ट के अनुसार दैनिक जीवन की जल्द ही आधारशिला बनने वाली है

メタバースのアイデンティティ: WEF レポートによると、まもなく日常生活の基盤となる

메타버스 아이덴티티: WEF 보고서에 따르면 곧 일상 생활의 초석이 될 것입니다.

A identidade do metaverso: uma futura pedra angular da vida diária, de acordo com o relatório do WEF

Согласно отчету ВЭФ, идентичность Метавселенной: скоро станет краеугольным камнем повседневной жизни

Metaevren Kimliği: WEF Raporuna Göre Günlük Yaşamın Yakında Olacak Bir Temel Taşı

Bản sắc Metaverse: Nền tảng sắp có của cuộc sống hàng ngày Theo Báo cáo của WEF

世界经济论坛报告称，元宇宙身份即将成为日常生活的基石

In 2020 and 2021, the hype surrounding the metaverse as a concept reached a fever pitch. Facebook changed its name to “Meta,” and several other services and companies soon switched their focus towards entering this brand-new space and shaking things up. However, 2022 came, and the market for the Metaverse product soon dried up. Primarily, companies were forced to pull back their resources and focus on survival, and that meant that concepts like non-fungible tokens (NFTs) and the metaverse had to be put on the back burner for the meantime. Because the metaverse is still very much attached to the traditional crypto space, there has been a lot of excitement about a possible rebound this year. Coin prices have made a considerable comeback, and the hope is that the metaverse is next in line for a bounce. However, the space is also seeing the introduction of new projects and concepts that could easily redefine our view of the metaverse and what it stands for. We’ve interviewed Marco Tonetti; the founder of Metable - a groundbreaking project looking to create a metaverse platform with the use of blockchain technology - to understand his view of the market going forward: 1. Can the metaverse really become the new frontier for social interactions? The metaverse, with its blend of virtual reality, augmented reality, and blockchain, offers a revolutionary platform for social interactions, challenging the constraints of physical distance and traditional social environments. It enables people to meet, collaborate, and share experiences in virtual spaces that are as diverse as the real world. This digital frontier fosters a new level of engagement and community, where interactions are not only about communication but also about shared experiences and collaborative creation. The immersive nature of the metaverse opens up opportunities for more profound, meaningful connections, redefining what it means to socialize in the 21st century. 2. What does the metaverse offer brands and business interests that could attract them to it? In the e-learning and education sector, the metaverse offers innovative avenues for immersive learning experiences. For example, Arizona State University partnered with Dreamscape Learn to create immersive VR biology labs, allowing students to explore and interact with biological concepts in ways that traditional classrooms cannot offer. This approach not only enhances student engagement and understanding but also opens up new possibilities for remote learning, making education more accessible. Such real-world applications demonstrate the metaverse's potential to transform educational methodologies, offering interactive, engaging, and accessible learning experiences that transcend traditional boundaries. 3. With the crypto market now rebounding, do you envisage a better market environment for the metaverse? The resurgence of the crypto market is a boon for the metaverse sector, especially for initiatives like Metable that intertwine blockchain technology with e-learning. A healthier crypto market boosts investor confidence, leading to increased investments in innovative metaverse projects. For instance, platforms like Decentraland and The Sandbox have seen significant growth and investment, underscoring the potential for educational projects within the metaverse to attract funding and interest. This environment fosters technological advancement and broader adoption, indicating a promising horizon for Metable and similar endeavors in blending education with cutting-edge digital landscapes. 4. What is the unique value proposition for Metable, and what makes it stand out from other established metaverse platforms? Metable differentiates itself by uniquely integrating blockchain with e-learning in the metaverse, focusing on decentralization to ensure equitable access, transparency, and a secure learning environment. Unlike traditional platforms, Metable empowers users with control over their educational data and achievements, facilitating a global, inclusive educational community. This approach not only enhances learning experiences but also fosters innovation in delivering educational content, setting Metable apart in the evolving landscape of digital education. 5. How does decentralization play a role in determining the future of the metaverse as we know it? Decentralization is critical in evolving the metaverse into an ecosystem where users have unprecedented control and ownership over their data and digital assets. This shift promises a future where privacy is safeguarded, and access to digital experiences is democratized, enabling a more open and equitable digital world. By distributing power from central authorities to individual users, decentralization fosters innovation, enhances security, and ensures a more transparent and fair digital realm, which is pivotal for the sustainable growth of the metaverse. Conclusion The metaverse hype is returning, slowly. Markets are looking up once more, and this means that a lot of people are looking to buy into the metaverse hype. However, it is important to focus more on projects that have a unique value proposition, instead of just those capitalizing on the hype.

Why Investors Are Excited About The Metaverse In 2024

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