Everything You Need to Know About Metaverse

AddWeb Solution
3 min readJul 12, 2022
Metaverse eCommerce

Just imagine this:

“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 ActivisionBlizzard, for $99 billion, is considered to be their strategic move towards 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 Metaverse means. Starting from Microsoft to Nvidia, everyone has suddenly started exploring the opportunities within 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

Is the Internet & Metaverse Same? Understanding the Difference

People constantly connect with something on the internet, whether it’s a website, a game, or a social networking platform that connects us to our friends. On the other hand, the Metaverse takes it a step further by placing the user right in the heart of the action. That is one feature that sets the Metaverse apart from the internet.

Physical reality, virtual reality, augmented reality, artificial intelligence, social media, online gaming, and cryptocurrency are all part of the Metaverse, which allows people to connect virtually. The term Metaverse is different from the web world since it is more aligned towards reality.”

Except in games like Fortnite, the Metaverse opens the door to a more robust, more genuine experience than browsing the web or viewing a movie now provides. One of the most significant distinctions between the Metaverse and the internet is their intended use.

How can AddWeb Solution help in your Metaverse journey?

AddWeb Solution has been at the forefront of technology innovation. As a 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.

From creating immersive virtual or augmented reality services, digital economics, and digital simulations to establishing a brand experience, we can help you with the immense possibilities of the Metaverse you can imagine.

Looking for a partner to help you bring your imagination to reality using Metaverse development? Whether you are looking for real-time 3D simulations for your business needs or want someone to assist you from the vision to the design and development of the meta world applications, we can help you! Please take a look at how we helped one of our clients ByondXR, in their Metaverse innovation.

Source by: AddWeb Solution

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AddWeb Solution

AddWeb Solution is a leading IT development, consulting and outsourcing company headquartered in Ahmedabad. https://www.addwebsolution.com/