Could the Metaverse be the Internet’s Future? Benefits and Drawbacks of 2024

On October 28, 2021, Facebook Founder Mark Zuckerberg Changes The Name Of His Company To Meta , After Which A New Concept Comes Into Discussion Everywhere Which We Call Metaverse . Now Mark Zuckerberg Has Absolutely Decided That He Will Take The Metaverse To A Different Level. In this article we will try to answer the question “Is the Metaverse the Future of the Internet?”

What Is The Metaverse?

When we break it down, Meta means Beyond i.e. beyond thinking and Verse means Universe i.e. universe. If we understand in simple and ordinary language what Metaverse is, then it is a virtual world where you can imagine yourself. You can create an avatar and send it to the virtual world and there you can do everything except eating and drinking. Is the Metaverse the Future of the Internet?”

Even in Metaverse, we can buy virtual land with cryptocurrency where only digital currency will operate which is based on blockchain technology .

Metaverse is an imaginary world where you just imagine and everything will happen in real life, so let’s understand it very basically, what is Metaverse today, then in very simple words, today’s Metaverse is like – Decentraland . Which is the largest Metaverse today.

Is the Metaverse the Future of the Internet?

You Can Guess What The Future Of Metaverse Is Going To Be From The Fact That Big Businessmen Have Started Investing In Metaverse And If We Talk About Technology , Today Only Social Media Is Sitting In The Hearts And Minds Of People. Which Is A Normal Technology, Then Web 3.0 And Metaverse Are Many Times Bigger Technology Than This . So Imagine What Its Future Will Be.

Recently, Mahindra Group, which is involved in business ranging from automobile to IT, has announced its entry into Metaverse . Is the Metaverse the Future of the Internet?”

Group Chairman Anand Mahindra has announced this. This 3D version of the Internet, which provides a virtual experience of the real world, is expected to change the way people work and interact online.

These will include metaverse based car dealership Dealer Verse and NFT marketplace Middlemist . Recently Mahindra & Mahindra had started in the Non-Fungible Token (NFT) segment. Tokens related to the company’s sports utility vehicle Thar will be released. For this, help from Mahindra Group’s IT company Tech Mahindra will be taken.

In such a situation, different companies and big people are investing in this technology considering it as the future. Similarly, if we look at the gaming industry, its market has also increased a lot in a few years.

Since Metaverse Is Also Giving More Promotion To The Gaming Industry, It Can Be Predicted That Metaverse Will Bring An Earthquake In The Field Of Technology In The Coming Time. We Can Also Understand This From The Fact That If A Company Like Facebook Is Investing Billions In It, Then It Definitely Has Some Qualities Which Are Being Discussed The Most Today. In The Coming Time, This Industry Can Be Worth Up To Rs 74.8 Lakh Crore

Pros of Metaverse:

After what Metaverse is, if we talk about the benefits of Metaverse, its biggest advantage is that all the tasks which we do online in 2D or without feeling, we will be able to do in the 3D world with feeling in Metaverse .

In such a situation, there may be some other benefits such as:

  • Today, the online classes which we can do only through video, we can study that class in the Metaverse with the feeling of sitting face to face and can also answer questions directly from our teacher.
  • Today, when we are away from our friends and relatives, we are able to talk to them only through video calls, but in the Metaverse, we can sit face to face and talk to their avatar and also enjoy traveling somewhere even while being away.
  • The way of doing online shopping can also change, today during online shopping we buy the product only by looking at its image, but in Metaverse, we can go to the supplier’s shop and buy it by looking at the 3D image of the product, which is perhaps different from today’s way. Could be better than.
  • In this real physical world, we cannot easily go to every place in the world, due to which we cannot know the culture of every place, but in Metaverse, we can easily go anywhere and become aware of the culture there, apart from this there are many more. May have all the features and benefits.
  • If you are strolling or shopping in the Metaverse and you like some item there or you buy it with digital currency, then that item will be delivered to your home in real life i.e. in the real world.
  • With the help of Metaverse, the history of the country can be explained to children in a practical way.
  • In Metaverse we can buy land and later sell it at a profit.

Cons of Metaverse:

If we talk about the disadvantages of Metaverse , then the distance from people is increasing due to technology and the closeness with technology is increasing, in such a situation people can also reduce the importance of relationships. Is the Metaverse the Future of the Internet?

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