Humans are natural escapists. We like reality, sure, but we also like to escape reality sometimes. Life is difficult and taking a break is only necessary.
There are several ways we escape from reality across different civilizations. Most common are via books, music, games and social media.
In the span of decades we have evolved from the analog stage of books, to 2D-internet platforms of social media and streaming shows. Tomorrow, we are going to escape via 3D-internet platforms, like VR gaming, virtual bars/clubs, and immersive shows and movies.
It's the natural progression of things. 3D-internet platforms represent the next evolution of human escapism. Our jump to those platforms isn't a matter of "if" – it's a matter of "when."
Access to the Metaverse would be through hardware tools being powered with the technology of augmented and virtual reality.
The Metaverse presents a vista of possibilities which has the potential to upend not just how we work, earn and spend, but also the fundamental ways in which we live, plan and run our lives.
The economic opportunities here are huge.
A new generation of metaverse gaming will reshape the multi-billion-dollar gaming market. Already, there is a proliferation of Play-to-Earn (P2E) crypto games which serves as a source of income for many gamers.
A new generation of metaverse entertainment will reshape the multi-trillion-dollar leisure and travel markets.
The Metaverse in its simplest terms, is a virtual replica of the real world. It would be one of the world's most transformative technologies, its fuel being crypto.
Facebook knows how large this technology could be and has positioned for the seismic shift.
Blockchain metaverses are decentralized metaverses that aren't owned and operated by a central entity – but rather, are built on the blockchain and governed by stakeholders.
Decentralisation is here to stay and is a better alternative. That's why we need blockchain metaverse.
One successful #P2E game is Axie Infinity, a NFT-based online video game which uses Ethereum-based cryptocurrency AXS (Axie Infinity Shards) and SLP (Smooth Love Potion). With over 360,000 concurrent players, majority of whom base in Indonesia, the game is a source of income for many.
I hope to see more successful #P2E games.
We're still in the early days and many things haven't taken shape. This is a big deal.
Welcome to the metaverse, alternate digital realities where people work, play, and socialize.
See you in the Metaverse! 👾