Steemit Crypto Academy Contest / S3W1 - The Metaverse by @sameer07

^{Header is Designed by me from Canva}

Hello Everyone, i hope all members and Professors will be fine, and enjoying your life. I'm also fine and enjoying myself with steemit.
I pleased to say that we are enter in Season 3.
A warm welcome To all members in Steemit Crypto Academy Contest Season 3 Week 1.

In this week we will discuss about The Metaverse. Now , we will discussing what is The Metaverse and other tasks that are assigned us by Steemit Team for this contest.

Define Your Understanding of The Metaverse What Has The Metaverse Aimed To Achieve? Is Metaverse Here Fully With Us Yet?

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Many people's in all over the, are know about internet and and it's potentials, but not everyone has heard the word "Metaverse". A Metaverse is a Virtual space accessed through Computer.

Metaverse is a Unique Concept, in which we people's can virtually interact with another. People's can play games, go different countries, and attend function virtually . This is known as The Metaverse. We can access it on any Device through browser, or and software. That's means, we can use Metaverse to develop virtual world with our own rules and policies. That's why, Metaverse is called future of virtual reality.
In this post, i will give you brief overview about Metaverse.

Pixabay

Metaverse is a Decentralized platform that is built on blockchain and allows their members content, application. Metaverse has been in Development for six years. Metaverse is the world 1st, functional VR blockchain platform. Same as Blockchain Technology, The Metaverse is the next evolution on the Internet. Metaverse is expanding all time and in future the Metaverse will be on fire and will ready to compared to the previous technologies.

The Metaverse will have everything, practically we can buy weapons from one place. You don't even need to move because you can do anything by just one click. We can watch movies and visit places in Metaverse. Example, Metaverse is use of virtual reality headset, when we wear and feel this we are not here and we feel ourselves in image.

Metaverse aims to develop a digital world with set of rules and and not specific to anyone country. It also aims to enables to people's to create own distal assets and trade with others. They are developing a platform for developers to create own distal assets.

Pixabay

It's purpose is allow to people's to exist in reality in even if they are not there in real life. Imagine you have Watching your favourite serial or being in the crowd with the football world cup wearing headset. Its aims to allow companies to create new revenue opportunities by providing different technologies advertising and NFT and virtual Shopping is already happening.

On the internet, The Metaverse is next evolution. Where members can create publish and share 3D, applications and content and their experience that has around years.

Metaverse help to people's escape from reality , to be able to live in different world and have don't worry about what's going on world . The Metaverse has the potential to Revolutionizes how we interact with technology.

The largest Centralized social media platform Facebook has entered the Metaverse as it announced last year 2021 in October. According to announcement Facebook will allocate about $10+ billion to install Metaverse.

Not Yet, but I'm sure the developer are planning and writing. Metaverse is not fully here's. We are only a little bit in Metaverse because its dream to implement Metaverse a virtual universe in people's lives. Metaverse is a virtual reality world developed by The Metaverse Foundation. It is digital world that provide us a full spectrum of services to users. They have their own currencies and it is possible to buy a digital in Metaverse. That's possible to buy a virtual land in Metaverse and also possible to create a virtual world in Metaverse.

Metaverse is first blockchain project that is built for the mass market with focus on user experience. Metaverse is a Global Community for Developer, creators, and in which members work together to build their future.

State The Technologies That Can Be Utilized to Achieve Security, Ownership, and others in The Metaverse. In Your Own Words How Are The Technologies going To Be Utilized To Achieve Security and Ownership?
(Include Any Components Of The Technologies That Would be of Great Advantage To The Development of Metaverse).

Security and ownership are the Most major features of Any Project. If the security of project is not secure and strong so the project cannot survive and it's destroyed.

The Metaverse is about to change the world. There are various factors that need to be considered security. If they fail, members will get frustrated and won't play that will beat the problems.

The Metaverse is a Digital reality created by computers, allows to users to create and share. A digital world is complete 3D environment. Metaverse is virtual 3D created environment by users through a computer and headset.

Basically There are several types of Technologies that used to achieve Security and Ownership. Some These are Technologies are mentioned below;

• Virtual Reality (VR)

• Augmented Reality (AR)

• Artificial Intelligence (AI)

• Blockchain and AR Cloud

• Machine Learning(ML)

• Internet of Things (IoT)

We know that in real life a user need username and password to login in different websites. We also that these password that can be hacked at any time. By watching this process, the Metaverse will have a personal and own Identity System. This will include user ID card, user fingerprint, user bank statement and other. So no one can corrupt the Metaverse by fake System.

Metaverse have a lot of users information will be available in user profile. So protecting this this information must.

• Protection Against Tempering

• Protection Against Theft

• Fake Identity Protection

• Protection of Owner

• Must Protection From Hacking

Therefore, these measures will be helpful for the growth Metaverse and maintain the protection , security and ownership.

Do We Have Any Gamification Development That Look The Metaverse? Discuss Any Two Protocols and How They Work.

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Metaverse is virtual Reality that based on Decentralized blockchain world. This is science fiction and fantasy novel , developed by Neal Stephenson in which controls a virtual world. User's are able to create their own design of avatar and interact with another by different ways.

Yes, we have Gamification Development That Look like The Metaverse. Below in will show you Gamification Development , and we will discuss two games that looks like Metaverse.

• Axie Infinity
• Horizon Worlds
• Decentraland
• Sandbox
• My Neighbor Alice
• Chain of Alliance

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🔹Axie Infinity

Axie Infinity is new that is taking the nation by storm. This game is like bowling on a big screen of LED . Axie Infinity is played on big screen with different colour. This platform is one of the most successful games mod . It is online gaming platform that is developed by Vietnamese and this game is modified using Ethereum Technology. The game is based on video character of NFT. When a user win the game he is given a character of NFT which user can sell and eran.

Axie Infinity belong to the Metaverse where user can raise pet in a virtual world and use them to earn money in battles. In real life, people's use ram's to fight with other and earn money. This is carried over to the virtual world.

Players buy Axie on the platform they may have to consider some things like Axie Genes, Axie Stats , Axie Classes and many others. The purpose of these features is ensure that a player has best Axie that can complete with others to win.

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🔹Decentraland

Esteban Ordano and Ariel Meilich are two personalities who founded Decentraland in 2017 and both working hard until 2021

Decentraland is another famous Gamification that's look like the Metaverse. The game that allows players to win, run property which is essentially land and trade. It a land developed in the form of NFT where user can sell and buy their land in market. In this case native Tokens called MANA which is the Metaverse Token. The token is used to purchase assets in game, land property. Decentraland allows players to control their own property and giving full ownership to players of their property.

What Are The Pros and Cons of Metaverse? Do You Believe In The Future Of The Metaverse? Discuss.

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Metaverse is Another evolution on the Internet in virtual universe form. But as we know that it is natural everything has its pros and cons. Metaverse is a wonderful development but on the other hand its cons.

Some of Pros and Cons of Metaverse are Given below;

Pros Of Metaverse

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🔹Earning Opportunities

Metaverse will add various means through which user can earn money for themselves. The virtual economy will be huge advantage because many user it and over time people's will not care about unemployment in this world.

🔹Improve Business Opportunities

We know that social media evolved. But there will be more ways to enhance business using Metaverse technologies. Any Ads will be like in real world because using Metaverse , technologies will be able to feel and hold the Advertising products.

🔹Social Interaction

Metaverse will make the strong social interaction seamless. And able to virtually attend meetings ,Function and other activities.

🔹 Cryptocurrencies and NFTs Scope

Metaverse will expand the scope of Cryptocurrencies and NFT. As in Metaverse digital assets and use of NFTs Will automatically increase in value.

• User can communicate with each other through text , voice or and video call.

• It helps to Increase the blockchain power and also help to promote blockchain.

• It brings better means of communication.

• There are no physical limits to what you can do and user can free do anything.

Cons

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🔸Security and Privacy

For every user privacy and security is important thing and many people's how do not know how to protect their data properly , they will lose their data. User's will face privacy problems due to being unfamiliar with the new terms and conditions .

🔸 Addiction

Metaverse will create many individuals who lose interest in real world and only focus on virtual world. This effect many relationships and leading to the separation of families.

• In Metaverse you have no control over your body and also your emotions.

• The Technology uses lot of Power and also cause some electric problems such as Burning wire, sometimes user computer.

• Another Cons is that it can be difficult to find job in Metaverse because its new for many people's in real world.

• Consumer privacy and security issue is stake.

• People will lose culture and Thier traditions because they can communicate virtually.

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Future of The Metaverse

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Yes, i believe in the future of the Metaverse. I have many reasons to trust in its future because i truly believe that Metaverse will enhance an individual's digital identity and change the way we work in real world.
Metaverse projects have been successful so far as we have see Crypto projects launch with Metaverse and increase the value of their assets

I believe Metaverse will change the way virtually gaming and social media platform work in next few years.

Conclusion

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Metaverse is a technology that want to change the way of communication. The Metaverse wants us to do virtually everything do in real life.
Now I tried my best to explain this contest in simple way and easy to understood.

I would like to invite @faran-nabeel @josemen and @aaliarubab for participating in this Challenge.