{"id":2523,"date":"2022-06-28T15:46:58","date_gmt":"2022-06-28T12:46:58","guid":{"rendered":"https:\/\/evercodelab.com\/blog\/?p=2523"},"modified":"2022-08-01T13:00:57","modified_gmt":"2022-08-01T10:00:57","slug":"metaverses-as-a-new-web3-frontier","status":"publish","type":"post","link":"https:\/\/evercodelab.com\/blog\/metaverses-as-a-new-web3-frontier\/","title":{"rendered":"Metaverses as a new Web3 Frontier"},"content":{"rendered":"

Not so long ago, Gartner, a famous company dealing with tech advice and industry research, <\/span>said<\/span><\/a> that the Metaverse belonged to the circle of \u2018the top 5\u2019 new sectors capable of totally transforming the world we live in. In this piece, we will describe this phenomenon and a number of ongoing trends. Our team will also tell you about the advantages of the <\/span>Evercode White Label<\/span><\/a> for your ambitious Metaverse-related initiatives.\u00a0<\/span><\/p>\n

Metaverse: The Essence<\/strong><\/h2>\n

The Metaverse is obviously a buzzword nowadays. Among other things, in 2021, this word was <\/span>featured<\/span><\/a> on the TOP-10 list of trendy words, with such other words as \u2018NFT\u2019 and \u2018crypto.\u2019 As it seems, since then the concept has gained even more popularity.\u00a0<\/span><\/p>\n

But what is behind it, in practical terms? <\/span><\/p>\n

As the Deloitte experts <\/span>put it<\/span><\/a>, the Metaverse can be defined as \u2018the Internet, but in 3D.\u2019 As simple as that. Joking apart, as the Metaverse is still in its formative years, no one can offer an all-embracing and precise definition. What is clear is that it is a domain of digitized interactions \u2018where connected virtual experiences\u2019 either simulate the real world around us, or even extend beyond it.<\/span><\/p>\n

In more practical terms, the <\/span>Metaverse<\/span><\/a> is a \u2018shared environment\u2019 accessed by end-users via the Internet. As such, it encompasses social media, VR and AR, NFTs and crypto assets, as well as gaming.<\/span><\/p>\n

Metaverse: What Is the Buzz?\u00a0<\/strong><\/h2>\n

How big is that slice? While the crypto market, together with web3 in general, is experiencing difficult times, until recently the projections concerning the Metaverse have been more than impressive.<\/span><\/p>\n

According to <\/span>Bloomberg<\/span><\/a>, the expectations were as follows in December 2021:\u00a0<\/span><\/p>\n