Metaverse is the hottest topic in the technological world today. Every tech giant is pivoting towards the concept. Many of these Metaverse Projects have released their vision about the topic and many are still developing it. But, the major question that arises here is When will the Metaverse be here?
Facebook changed its name to “Meta” in order to announce the shift of its technology from Web 2.0 to Web 3.0. If you ask any technical expert about the evolution from the second stage of the Internet to the third. All will have the opinion that the time has come to step up. But, how long will it take to step up from the present stage?
Well, no definite time can be given with conviction. But as Facebook announced to launch its metaverse within 5 years. You can expect the stable Metaverse to be released by the year 2030. Although Meta (Facebook) has launched its Virtual world, Horizon Worlds on 09 December 2021.
Metaverse has got the potential to change the world, how it looks today. Web 3.0 will change every aspect from your visit to a friend to the office meeting everything will be revolutionized. But when will this Metaverse revolution come. Let’s find out.
What Is Metaverse And Where Did The Term Come From
If you look closely at the term “Metaverse” then you will find that it is made up of two words “Meta” and “Universe”. It is a universe full of Virtual reality in which humans can interact with digital beings and characters.
If we dig into the past and go to find the origin of the word “Metaverse” then, it was first found mentioned in Neal Stephenson’s Sci-fi novel, Snow Crash. The author used the term for the system in which people create their avatars and interact with virtual objects. Avatars are the virtual representation of the human beings who are using the Metaverse. Talking about the use of Metaverse in the novel,v then it was the space that people use to visit as an escape from the greedy world.
The term has been in continuous usage since then, especially in the gaming sector. And why not? What do you do when you want to escape the real world? I know what a gamer does. He creates his character and develops his world in the RPG games (Role Playing Games). Well, till now this virtual world developed in RPGs is 2D. But, soon with the advancement in technology, the players will be able to interact physically with the virtual objects in the digital world.
Also Read, Marketer’s Guide To NFTs And The Metaverse
Well, we know you must be waiting for the definition of the term Metaverse. But, let us tell you that there is no set definition for it. According to us, you can call Metaverse a universe where the physical life of the person will be overlapped with the social and digital life.
According to Meta (Facebook), Metaverse is defined as “A set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you. You’ll be able to hang out with friends, work, play, learn, shop, create, and more”.
According to Oxford’s definition of Metaverse, it is “a virtual-reality space in which users can interact with a computer-generated environment and other users.”
Different companies have different ideas about the term Metaverse. But, in today’s world. Metaverse refers to Virtual Reality where individuals create their avatars and interact with virtual objects wearing Virtual Reality Headsets, Smartwatches, and smart glasses.
When Will The Metaverse Be Here?
Now, you have got the proper idea of what Metaverse is and how it would look like. But, the major question is When will Metaverse be here. No, a specific date can be given for the announcement but you can expect the fully developed Metaverse in the next 10 years or maybe earlier.
Earlier because there are a few companies that have already started to work on the Metaverse concept. Even before Facebook announced its name change.
Metaverse That Already Exists
As we said, some companies have already started to work on the Metaverse concept. Here is the list of the projects that are ready with the framework of their Metaverse.
Decentraland is a 3D blockchain running on Ethereum. It is the application that allows the users to purchase the virtual land on its platform and own properties. In short, the application allows the users to develop their virtual world and interact with the other characters in it.
Well, this virtual world has got some rules if you want to live in it. The company has introduced the crypto tokens called “MANA”, which are used to purchase goods and land within the game.
Sandbox is another Metaverse play-to-earn game that allows users to buy products and plots on its virtual platform. It is similar to Decentraland and also works on the Ethereum blockchain.
The sandbox game offers the users more than just purchasing the land building in the city. You can also play games and come across various quests and challenges. Completing these successfully may lead you to win exceptional rewards.
Microsoft Mesh For Teams
Microsoft Mesh is a work of Metaverse developed by Microsoft. The metaverse can be used by professionals to develop their avatars and have business meets online. You can access Mesh through the VR headsets of any company and the application is accessible on mobile, tablets, and laptops.
When Will Facebook Launch Its Metaverse
Mark Zuckerberg said that Meta (Facebook) will be launching its Metaverse within five years from now. Well, you can expect the soft launch of the Facebook Metaverse in the year 2025. Although it has launched Horizon Worlds, a virtual Reality world by Meta.
If you ask for the time when Facebook will be out with its full Metaverse then it may take upto 10 years that is by the year 2030.
No fixed answer about “When Will The Metaverse Be Here?” can be given. But, by looking at the speed the Metaverse Projects have acquired. You can expect the Metaverse or Web 3.0 to be here within 10-12 years.
We hope that we have answered all your queries and if you still have anything left in your head then feel free to ask us in the comments section. If you found this article interesting then do share it with your friends.