What can we expect in the metaverse this year?
While virtual real estate and the metaverse may still be in their infancy, they’re growing fast. Investors and corporations are making moves, and the growing popularity of augmented reality (AR) and virtual reality (VR) experiences are adding to its popularity. So, while the metaverse may still be learning to crawl, it’s already impacting the tech industry, and investors are taking notice.
Wearable AR and VR Devices Will Soar
The whole point of the metaverse is to blur the line between online experiences and the physical world. People are ready for a more immersive experience in their meetings and virtual events, and tech companies have noticed. At the same time, multiple companies have gotten on the AR and VR wagon with VR headsets and other wearables. Companies like Oculus VR, Google, Samsung, and Microsoft are getting on board to create the hardware that will make the metaverse even more engaging.
Look Out for Augmented Reality NFTs
NFTs are everywhere right now, and the metaverse is one of the factors driving demand for blockchain-based currencies and tokens. In a recent article, Sky Mavis CEO Aleksander Larsen said, “Personally, I’m excited to see NFTs as access passes for various experiences both [in real life] and online. Imagine a model in which creators make content that can only be accessed by fans that own a specific NFT, which will have greater utility and more value for owners.”
Thanks to global supply chain challenges, unstable markets, tensions between major world economies, and other factors, traditional currencies are unreliable. Investors are looking for better options to get more return on their tech investments. The metaverse and digital currency go hand in hand to provide that opportunity.
Expect More Large-scale Gaming and E-Sports
Decentralized, immersive games provide a whole host of new experiences and opportunities for gamers and game designers. In a 2021 report, Blockchain Games Alliance reported that “in-game NFT collectibles generated $2.32 billion in sales during Q3.” With blockchain gaming generating multiple billions in a single quarter, it’s safe to say that we’re likely to see even more gaming and e-sports in the metaverse over the coming months.
The metaverse is changing the way we interact online, how we invest and spend, and how we play games. Keep an eye on virtual spaces, VR real estate, and decentralized gaming for the next biggest tech trends in 2022 and beyond.