Ten activities already available in the metaverse

The metaverse is still in its early stages, but that doesn’t mean it’s unattainable. It may take several years for the metaverse to reach its full potential, but there are already plenty of things you can do in this immersive virtual world.

What exactly is the metaverse? It’s a 3D virtual world where people can interact with each other and create their own experiences, landscapes, and objects. Just like in the real world, these virtual worlds can have their own economies and currencies, allowing people to buy and sell items.

Interestingly, the concept of the metaverse is not new. It was actually coined by Neal Stephenson in his 1992 novel, Snow Crash. In the book, the metaverse is described as a virtual reality world with its own economy where people can buy and sell real estate while inhabiting 3D avatars. In addition, massively multiplayer online games have featured metaverse-like environments for years.

With the advent of blockchain technology and cryptocurrencies, companies are now building metaverses that integrate these technologies, revolutionizing the metaverse experience. Crypto assets, such as non-fungible tokens (NFTs), allow people to have complete ownership of their virtual assets. For example, NFTs can represent ownership of virtual real estate, and these ownership records are stored on the blockchain. NFT holders can even trade their tokens for major cryptocurrencies like ETH on decentralized exchanges.

So why are people and investors so excited about the metaverse? Well, for one, big companies are investing heavily in it. Venture capitalist Matthew Ball describes the metaverse as the next phase in technology, and companies like Facebook (now called Meta) are pouring their resources into it. Other major players like Microsoft, Epic Games, Google, Roblox, Shopify, and Nvidia are also investing in the metaverse to gain a competitive advantage in this future virtual world.

Crypto metaverse projects are also seeing high NFT sales volumes. According to NonFungible, some crypto metaverse projects have recorded NFT sales in the hundreds of thousands, and even millions, of dollars. Investor speculation is driving the demand for metaverse NFTs, particularly those representing virtual real estate. The most expensive metaverse real estate sale to date was a plot of land that sold for $5 million on TCG World.

Celebrities have also jumped on the metaverse bandwagon. Snoop Dogg, Paris Hilton, model Sara Sampaio, and tennis star Stanislas Wawrinka all own virtual land in various metaverses, showcasing how influential and popular these virtual worlds have become.

Now, let’s explore what you can do in the metaverse today. First, you can invest in virtual real estate. Many metaverse platforms operate on blockchain technology and require you to use cryptocurrencies like BTC or ETH to purchase and trade digital assets. Platforms like Decentraland and Somnium Space allow you to buy virtual land and develop it into various virtual properties.

You can also create and play games in the metaverse. This requires knowledge of 3D modeling, game design, and coding. Platforms like Unity, Unreal Engine, and Roblox Studio enable you to create games and publish them to the metaverse, where you can showcase them to a wide audience and earn cryptocurrency rewards.

Hosting virtual events is another popular activity in the metaverse. You can choose a virtual world that suits your needs, set up your event space, and promote your event through social media and crypto-specific channels. Virtual events are a great way to bring people together from all over the world and foster interaction and engagement.

Creating your own virtual avatar is a fun way to connect with others in the metaverse. Platforms like VRChat, Second Life, and Meta (Facebook) allow you to create and customize your avatar, adding unique features and animations to make it stand out. As the metaverse evolves, having a personalized avatar will become an essential part of digital identity and social interaction.

With the metaverse, you can meet new people from all over the world. Explore different virtual worlds, attend events, and join communities and groups that share your interests. Strike up conversations with others using voice or text chat. The metaverse is a social space where people are open to making new friends and connections.

Hang out with your friends in the metaverse. With the help of avatars, you can explore virtual spaces, engage in social activities, play games, attend events, and create unique experiences together. Platforms like Second Life, VRChat, and Rec Room offer various activities and opportunities for socializing and having fun with your friends.

Go on a virtual shopping spree in the metaverse. Virtual marketplaces like OpenSea, Nifty Gateway, and SuperRare allow you to browse and purchase unique and rare digital items, including art, collectibles, and virtual real estate. Some companies even have virtual reality storefronts where you can browse and buy products in a 3D environment.

Selling virtual goods is another popular activity in the metaverse. Skilled artists and designers can create virtual clothing, furniture, weapons, and other items that can be sold to other players. The advantage of selling virtual goods is that there is no need for physical inventory or shipping, and transactions can be done instantly with cryptocurrency payments.

The metaverse also offers job opportunities. From game developers to virtual architects, there is a wide range of jobs available in the metaverse. Game development, virtual architecture, virtual event planning, and social media management are just a few examples of the jobs you can find in this digital world.

Lastly, you can collaborate with your colleagues in the metaverse. Virtual offices are being set up, allowing colleagues to work together remotely on tasks. The metaverse provides a unique and innovative space for collaboration and productivity.

In conclusion, the metaverse is an exciting and rapidly evolving virtual world where people can interact, create, and explore. While it is still in its early stages, there are already countless opportunities to engage in various activities like investing in virtual real estate, creating and playing games, hosting virtual events, creating virtual avatars, meeting new people, hanging out with friends, shopping, selling virtual goods, finding jobs, and collaborating with colleagues. As the metaverse continues to develop, it will undoubtedly become an integral part of our digital lives.