How the Metaverse is Changing the Virtual Gaming Industry

Digital Space with 3D Visualization

Does the metaverse represent a science fiction dream or a possible future? Apparently, both. The story began with Neal Stephenson's Snow Crash in 1992. It is a dystopian novel that depicts a future where people spend most of their time in a virtual world called the metaverse, which is owned by corporations and controlled by hackers. The worlds were intertwined and could influence one another. Are you familiar with Steven Spielberg's 2018 release, Ready Player One? The movie is a science fiction movie that takes place in a similar setting, where a young man tries to find a hidden Easter egg in a massive online game to win control of the game's creator's fortune.

In our reality, this is an immersive Internet that has its own rules. It never stops working and never ends. The system operates in real time and is not dependent on external factors. It is not possible to limit the size of the audience or the number of concurrent users. The transfer of data, objects, assets, and content between digital worlds must be compatible.

It is essentially a digital space with 3D visualization that simulates reality and integrates existing services, content, and branded products into one environment. Meta-universes exist alongside, intersect with, or complement the real world. A virtual office is a place where people work and meet with colleagues. Users can create their own avatar - a digital representation of themselves that can be viewed by other users. Mobile devices or a virtual reality headset can be used to control the avatar.

Metaverses have a number of important properties. Whether you are present or not, it never shuts down or ends. The virtual space is always accessible, and everyone can participate in its activities on an equal basis with others. It has its own laws and economy. Companies and individuals can earn money there, receive digital currency for completing tasks, providing services, and selling products.

Companies like Apple, Google, Niantic, Microsoft and many others are already developing metaverses.

However, gaming remains the main area of development in the metaverse. The metaverse has the potential to provide an extraordinary gaming experience for gamers around the world.

How does metaverse affect virtual games?

There is an emerging generation of virtual worlds that offer gamers a new way to participate in video games. Through these platforms, gamers around the world have access to exciting social and economic opportunities.

The game Fortnite is a multiplayer cooperative survival game and there is always something to do. The game world is vast and will provide the user with many opportunities. In this game, you will be required to roam the world looking for various resources and useful items that will help you save your life and even kill a number of enemies. Players can modify their avatars and communicate through them in this fully-fledged online world. It is even possible to attend virtual events. In 2020, Travis Scott performed a virtual concert there.

Minecraft and Roblox, for example, offer similar worlds. You can create and develop your character on these platforms. Advertisers have already been contacted by developers to discuss the possibility of placing brand ads within the game.

Before the metaverse, the purpose of games was to entertain. The primary focus of online gaming was multiplayer games and related gaming tournaments. There is a growing trend towards decentralization and hyper-connectivity in our world today. By merging the real economy with online gaming, the metaverses will enable the exchange of NFTs and cryptocurrencies for in-game assets. So the metaverses will bring us a new form of games.

What Characteristics of Games Are Affected by the Metaverse

Earn by playing. Play-to-earn games, which allow players to earn money, have become increasingly popular in recent years. In-game rewards with real value have become possible with the advent of blockchain technology and NFTs. The non-fungible token is a cryptographically unique token that can be used to prove ownership. Whether it is an item of clothing, a piece of art, or a piece of land in the metaverse, it can be anything that is unique. Unlike traditional games, NFT owners can also sell their goods outside of the platform on which they were created. Users can earn cryptocurrency simply by following the game's storyline and rules, as well as by selling their in-game goods to other players.

Taking part in social gaming. It is a social place. This is where metaverse differs from other forms of virtual reality. Real-life friends can be invited, relationships can be built, and players can converse. This allows you to host events such as fashion shows, musical performances, movie screenings, and many others. It also provides many opportunities for business development. The highly immersive nature of social gaming ensures a targeted audience, and product placement can be seamlessly integrated into the game.

The role of games as platforms. Compared to traditional game systems, they offer a unique gaming experience and are much more adaptable. The game environment can be used as a platform for a variety of other activities, and users can easily interact with the virtual world, produce their own content, and develop subgames within the game.

Mixed Reality. The use of virtual and augmented reality to enable interaction between a person, a computer, and the environment is an example of mixed reality. A user can interact with virtual objects using real world objects thanks to mixed reality technology.

Portable game assets. Portability of assets is possible with the use of an interoperable metaverse architecture. What does that mean? Avatars or weapon upgrades can be moved from one game to another. The NFT will be responsible for maintaining ownership.

What Technologies Expand the Possibilities of the Gaming Metaverse

Technological advances can expand the possibilities of metaverses in many ways.

• AR/VR. Technologies such as augmented reality (AR) and virtual reality (VR) are examples of this. As the name implies, augmented reality is the addition of virtual elements and sensory data to the real world. By adding digital images, graphics, etc. to the real world, it allows for a new level of interaction. The use of augmented reality on mobile devices, laptops and tablets changes the appearance of the real world. Virtual reality is a digital representation of a real-world environment. It creates a computer generated and controlled reality. Virtual reality is usually presented to the user through the use of a special helmet, glasses, or remote control. A person can control and manage their actions in a virtual environment with the help of special equipment that connects them to virtual reality.

• Blockchain technology. Because of their unique structure, blockchain metaverses provide equal opportunities for all participants. Early virtual worlds were owned and controlled by corporations, but the crypto-metaverse is generally decentralized. Rather than having a single owner, the metaverse is shared among its participants. It is important to note that even if the company of the original creators of the metaverse blockchain closes down, the game itself will continue to exist. Decentralized Autonomous Organizations and governance tokens are used in crypto-metaverses to allow users to make changes and updates.

• Internet of Things technologies. This is a system of devices connected to the Internet through sensors to automatically collect and analyze information. As the Internet of Things becomes more integrated into the metaverse, new possibilities will open up, allowing virtual spaces to freely interact with and access the real world.

The ilink team develops and integrates metaverse applications and platforms. The company offers a full cycle product development. ilink is ready to take on any challenge and realize your bold ideas. A team of experienced professionals will guide you into the metaverse and deliver quality solutions.