The metaverse is the next stage in the evolution of the internet and social networks, utilizing real-time 3D technology, which combines the physical and digital realms. It offers a chance for top online entertainment and social media businesses to profit from new revenue streams. It is the next major technology platform, drawing online game producers, social networks, and other tech leaders to participate in what we anticipate to be a nearly $800 billion market. Early adopters and builders are rapidly emerging as leaders in the fast-growing world of virtual reality. According to a recent research analysis by Cointelegraph, the global trends have been in favor of the NFTs and larger metaverse surpassing the term “crypto”. With celebrities and consumer brands diving deeper into the realms of metaverse and NFT, the huge demand is evident in the growing digital landscape. While virtually exhibiting their talent and providing an immersive experience to their audience, the metaverse narrative has drawn traditional know-how in the digital sphere. Blockchain Solutions with Innovation The Metaverse has attracted a lot of attention in 2021, as big corporations like Facebook (now Meta) and Nike make plans to establish infrastructure in the sector. However, Move Digital claims to have been working with blockchain initiatives to integrate immersive digital realities long before these big corporations got on the bandwagon. Kristof Schöfflin...
