“You were supposed to attend an auspicious event, and you got some urgent work to finish and realized you could not reach the venue on time. But you are not worried at all! You just put on a VR headset and start attending it right from home.”
The pandemic has completely transformed how we used to work or imagine things virtually that we had never thought of before. And technology is the major contributor to it. One such technology that has gained traction these days is “Metaverse”!
Microsoft’s planned acquisition of Activision Blizzard, for $99 billion, is considered to be their strategic move toward becoming Metaverse, early adopters. The global Metaverse market is predicted to reach USD 872.35 billion by 2028 with a CAGR of 44.1%.
Since Mark Zuckerberg announced that Facebook’s future would be in the Metaverse, everyone is rushing to figure out what the Metaverse means. Starting from Microsoft to Nvidia, everyone has suddenly started exploring the opportunities within the Metaverse business and many have even become Metaverse, early adopters!
But what is the Metaverse? Why does it matter, and who all needs to consider this next evolution of the internet? This blog post will help you find the answers to your queries.
What Exactly is A Metaverse?
At its core, the Metaverse is an embodied internet: a social sphere where people may meet using customized avatars that make them feel more present than a simple video conference. It’s synchronous, making you think it is more relatable than today’s feed-based social networking applications. You can get a chance to meet them in almost real-time instead of trying to figure out what they’ve been up to.
To be precise, the Metaverse world is yet to be experienced in the real world. But what we do have, though, are some forerunners:
-Virtual reality
-Roblox and Fortnite
How can AddWeb Solution help in your Metaverse journey?
AddWeb Solution has been at the forefront of technology innovation. As Metaverse early adopters, we take you through any stage of the process of building your virtual world and enriching it with experiences, landscapes, items, assets, and opportunities to connect with customers for the hottest technology spaces for developers brands, and investors.
705, Silicon Tower, Opp. Law Garden, Off C.G. Road Ahmedabad, Gujarat 380009, INDIA
About
AddWeb Solution is a leading IT development, consulting and outsourcing company headquartered in Ahmedabad. With a collective experience of more than 24 man years, we’ve successfully partnered an array More
How Much Does It Cost To Build A Learning Management System with WordPress?
- People spend 59% more time than expected on any Learning Management system.
- 92% of LMS users are satisfied with their school’s existing setup. Only 3% were found dissatisfied.
- During the COVID-19 pandemic, 74% of users found that LMS had a positive impact on their teaching aspects, such as increased student satisfaction, improved productivity, and enhanced teaching.
The second quarter of 2020 left shops shut and the consumer with only the essentials. So when the economy was placed before the pandemic, shops have opened up and people want to shop with a vengeance. And the winner in this unique situation? E-commerce. This pandemic has converted a large population of traditional shoppers into e-shopping customers.
According to a optinmonster, The global online shopping market is expected to hit $4 Trillion in 2020.
Working with PWAs & Vue JS Know How It Benefits Your Business
When it comes to the online business, you always feel sceptical about using the technology stack that benefits you the most. And with rising mobile usage, it is essential to make sure you have a tight grip on the web and mobile too! Progressive web applications are a great solution to address the problem of catering to the smartphone audience.
PWAs are faster, engaging, and reliable, and there is no...
