We've seen several developments as more companies look to enter this digital realm. Importantly, consumers are becoming more familiar with the term. As our agency continuously keeps a pulse on new technologies and is becoming more involved with the metaverse, we've done our fair share of research on how brands can ease into this new frontier practically.
So, how are people's opinions on the metaverse shaping up, and what do brands need to know as they begin their journey?
Metaverse - A Quick Glimpse
First, let's take a refresher on what the metaverse is. Author Neal Stephenson first coined the term in his 1992 science fiction novel Snow Crash. There, he envisioned people taking on lifelike avatars and interacting with a realistic digital world. The reality today isn't far from Stephenson's vision, largely thanks to online games like Roblox, Fortnight and Minecraft.
However, online gaming is only the tip of the iceberg for what the metaverse can do. While the growing popularity of gaming helps companies develop the technology needed for a full metaverse and raises consumer awareness of the idea, companies investing in the technology want it to be about more than just leisure.
What Do Consumers Think About The Metaverse So Far?
Recently, HubSpot released its 2022 Consumer Trends Report. While understanding and adoption of the metaverse are still small, it is growing. Importantly, a majority of the 1,000-plus U.S. respondents have positive outlooks about the metaverse:
• 34% said that the metaverse is the "future of technology."
• 30% feel brands should open virtual stores.
• 28% believe the metaverse is an extension of reality.
Importantly, those who opt into the metaverse continue to use it. For them, the metaverse has become an important part of leisure and social activities, with 54% of users engaging in the metaverse for gaming and 46% for meeting with friends. For half of the metaverse users, the connection is about authenticity. They feel more themselves when they're in this virtual space.
While the metaverse has been plagued with controversies in the past year, primarily through its adjacent technologies of cryptocurrencies and NFTs, that hasn't harmed the overall face of the metaverse. When it comes to data security, something consumers feel strongly about, 53% of metaverse users felt confident their information has been stored safely on the metaverse.
Source: Forbes
Why Hire A Metaverse Developer?
Hiring a metaverse developer is essential for businesses and organizations looking to venture into the metaverse space. Metaverse developers bring specialized expertise in the technologies, frameworks, and platforms required for metaverse development. They have a deep understanding of virtual reality, augmented reality, blockchain, NFTs, and other key components of the metaverse ecosystem. By hiring a metaverse developer, businesses can leverage their skills and experience to create immersive and interactive virtual experiences, design and develop metaverse applications, integrate blockchain and NFT functionalities, and ensure seamless user experiences. With a Metaverse Development Company, one can navigate the complexities of metaverse development, optimize performance, and bring innovative and engaging metaverse solutions to life.
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