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AN INTRODUCTION TO
METAVERSE
101blockchains.com
What is Metaverse?
The Metaverse is a type of digital world or
reality combining blockchain technology,
social media, online gaming, virtual reality,
augmented reality, digital tokens, and
assets.
This helps users to fully utilize this virtual
space to interact with one another. In
addition, virtual reality and augmented
reality creates various sensory elements to
make the experience more enjoyable for
the user.
How NFTs Are Being Used
in The Metaverse?
Metaverse offers 3D universes for individuals
and businesses to help them transfer real-
world assets or even services. NFTs can help in
representing those real-world assets.
Users or businesses can invest in NFTs and use
that to transfer assets between parties. It can
also help in creating community and identity
and other social experiences within the
Metaverse.
Elements of Metaverse
Web 3.0
Blockchain Protocols
NFTs
Games
Cryptocurrencies/Tokens
Augmented Reality (AR)
Virtual Reality (VR)
Mixed Reality (MR)
HTML
JS
CSS
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Web 3.0 Web 3.0 is a huge part of the
Metaverse. Web 3.0 is the next
version of the internet.
We will move away from
centralized servers to a
decentralized network system, so
there will not be any government
or centralized entity maintaining
the network.
Blockchain
Protocols
Blockchain and blockchain
standards help the Metaverse to
create that decentralized nature
of network where users can
connect with one another
without any third parties.
Using common standards of
blockchain, Metaverse can create
their own elements within the
ecosystem, which will be
immutable and secured.
NFTs Non-fungible tokens will become
a method of payment or a way to
represent real-world assets
within the Metaverse.
It will allow the users to have full
ownership over their assets and
will make them easier to
maintain.
Games Online games and offline games
will get digitized in the
Metaverse. Here, users will be
able to play games within the
ecosystem and earn incentives
based on that.
They can also invest in in-game
assets and sell and trade them on
supported marketplaces.
Cryptocurrencies
/Tokens
Metaverse will have different
currencies compared to the real
world. It will move on from fiat or
paper-based currencies to digital
currencies.
Digital tokens and
cryptocurrencies will be the main
source of value within the system.
Platforms within the Metaverse
already offer various forms of
tokens.
Augmented
Reality (AR)
Augmented reality is an
enhancement of the real world
using various sensory elements
such as sound, imaging, etc.
It will overlay this sensory
information in the real world and
enhance the user’s experience.
Using this in the Metaverse,
retailers or other companies can
promote their businesses or other
services.
Virtual Reality
(VR)
Virtual reality is the use of
technology to create a new and
different virtual world or
simulated environment. It’s
completely separated from the
real world.
For this, users will need a head-
mounted display (HMD). The uses
cases of VR in Metaverse are
education, games, fashion,
entertainment, workplace, or
businesses.
Mixed Reality
(MR)
Mixed reality will merge virtual reality
and the real world together and
create a different environment. Here,
digital and physical objects will co-
exist, and users will be able to interact
with both.
It does not exclusively occur in the
virtual or real world, but somewhere
in between. Applications of MR in the
Metaverse will include entertainment,
design, military training, etc.
The experience within the Metaverse can open up new opportunities for
individuals and businesses. For example, individuals can showcase their works or
sell their services within the Metaverse in full digital form.
It can become a place for entertainment, commerce, workplaces, and even social
gathering venues. Users will only need access to the internet to go into the
Metaverse.
The Metaverse can be the next phase for the internet where every type of digital
experience can be in one place, making it efficient for the users.
Importance of the Metaverse
Industries Using Metaverse
Technology
Finance
Gaming
Fashion
Marketing
Art Galleries
Virtual Shows
Architecture
Entertainment
Metaverse Property
Ownership Using NFTs for representing
virtual real estate, users can own
their properties in the Metaverse.
The users can sell the land, rent it
or even build structures on it like
shops or even host social events.
As everything is stored on the
blockchain, it’s easy to prove their
ownership of this type of asset.
BUY
SELL
92.18
72.19
46.42
46.42
Metaverse and DeFi
Metaverse and DeFi or MetaFi covers
everything related to standards,
protocols, services, products that helps
to define the finance within the
Metaverse.
Basically, in Metaverse, the finance
sector will deal with fungible and non-
fungible tokens, cryptocurrencies, etc.
The governance is community-driven,
similar to Decentralized Autonomous
Organizations.
The Leading Metaverse Projects
Decentraland
The Sandbox
Axie Infinity
Bloktopia
Star Atlas
Metaverse and
Games
Games are a major part of the
Metaverse ecosystem. In Metaverse, the
game will not have a centralized model
system.
It will also come with an internalized
economic structure that will help users
to buy in-game assets. Unique assets
are represented by NFTs, and these
assets can be sold on other NFT
marketplaces. The users buying these
in-game assets will have sole ownership
over them.
What’s The
Future Like for
Metaverse?
At present, Metaverse is still far behind
in giving the full experience to the
users. After proper integration of
extended reality systems, the users will
be able to fully utilize Metaverse for all
its benefits.
Metaverse has the prospect of
becoming a second digital world where
people will socialize, play games, work,
and make an income. However, mass
adoption will still need more time.
Learn More About Metaverse
Metaverse Fundamentals
Course
https://academy.101blockchains.com/courses/
metaverse-fundamentals
Introduction to DeFi
Course
https://academy.101blockchains.com/courses/d
efi-course
NFT Fundamentals
Course
https://academy.101blockchains.com/courses/
nft-fundamentals
Tokenization
Fundamentals
https://academy.101blockchains.com/courses/to
kenization-fundamentals
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Blockchain Professional
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Security Expert
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The presentation is not intended to provide any investment advice and should not be
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and should not be taken as such. Do your own research!
While the information contained in this document and presentation has been
obtained from sources believed to be reliable, 101 Blockchains disclaims all
warranties as to the completeness or accuracy.
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An Introduction to Metaverse.pdf

  • 2. What is Metaverse? The Metaverse is a type of digital world or reality combining blockchain technology, social media, online gaming, virtual reality, augmented reality, digital tokens, and assets. This helps users to fully utilize this virtual space to interact with one another. In addition, virtual reality and augmented reality creates various sensory elements to make the experience more enjoyable for the user.
  • 3. How NFTs Are Being Used in The Metaverse? Metaverse offers 3D universes for individuals and businesses to help them transfer real- world assets or even services. NFTs can help in representing those real-world assets. Users or businesses can invest in NFTs and use that to transfer assets between parties. It can also help in creating community and identity and other social experiences within the Metaverse.
  • 4. Elements of Metaverse Web 3.0 Blockchain Protocols NFTs Games Cryptocurrencies/Tokens Augmented Reality (AR) Virtual Reality (VR) Mixed Reality (MR)
  • 5. HTML JS CSS JAV A P HP C++ </> Web 3.0 Web 3.0 is a huge part of the Metaverse. Web 3.0 is the next version of the internet. We will move away from centralized servers to a decentralized network system, so there will not be any government or centralized entity maintaining the network.
  • 6. Blockchain Protocols Blockchain and blockchain standards help the Metaverse to create that decentralized nature of network where users can connect with one another without any third parties. Using common standards of blockchain, Metaverse can create their own elements within the ecosystem, which will be immutable and secured.
  • 7. NFTs Non-fungible tokens will become a method of payment or a way to represent real-world assets within the Metaverse. It will allow the users to have full ownership over their assets and will make them easier to maintain.
  • 8. Games Online games and offline games will get digitized in the Metaverse. Here, users will be able to play games within the ecosystem and earn incentives based on that. They can also invest in in-game assets and sell and trade them on supported marketplaces.
  • 9. Cryptocurrencies /Tokens Metaverse will have different currencies compared to the real world. It will move on from fiat or paper-based currencies to digital currencies. Digital tokens and cryptocurrencies will be the main source of value within the system. Platforms within the Metaverse already offer various forms of tokens.
  • 10. Augmented Reality (AR) Augmented reality is an enhancement of the real world using various sensory elements such as sound, imaging, etc. It will overlay this sensory information in the real world and enhance the user’s experience. Using this in the Metaverse, retailers or other companies can promote their businesses or other services.
  • 11. Virtual Reality (VR) Virtual reality is the use of technology to create a new and different virtual world or simulated environment. It’s completely separated from the real world. For this, users will need a head- mounted display (HMD). The uses cases of VR in Metaverse are education, games, fashion, entertainment, workplace, or businesses.
  • 12. Mixed Reality (MR) Mixed reality will merge virtual reality and the real world together and create a different environment. Here, digital and physical objects will co- exist, and users will be able to interact with both. It does not exclusively occur in the virtual or real world, but somewhere in between. Applications of MR in the Metaverse will include entertainment, design, military training, etc.
  • 13. The experience within the Metaverse can open up new opportunities for individuals and businesses. For example, individuals can showcase their works or sell their services within the Metaverse in full digital form. It can become a place for entertainment, commerce, workplaces, and even social gathering venues. Users will only need access to the internet to go into the Metaverse. The Metaverse can be the next phase for the internet where every type of digital experience can be in one place, making it efficient for the users. Importance of the Metaverse
  • 14. Industries Using Metaverse Technology Finance Gaming Fashion Marketing Art Galleries Virtual Shows Architecture Entertainment
  • 15. Metaverse Property Ownership Using NFTs for representing virtual real estate, users can own their properties in the Metaverse. The users can sell the land, rent it or even build structures on it like shops or even host social events. As everything is stored on the blockchain, it’s easy to prove their ownership of this type of asset.
  • 16. BUY SELL 92.18 72.19 46.42 46.42 Metaverse and DeFi Metaverse and DeFi or MetaFi covers everything related to standards, protocols, services, products that helps to define the finance within the Metaverse. Basically, in Metaverse, the finance sector will deal with fungible and non- fungible tokens, cryptocurrencies, etc. The governance is community-driven, similar to Decentralized Autonomous Organizations.
  • 17. The Leading Metaverse Projects Decentraland The Sandbox Axie Infinity Bloktopia Star Atlas
  • 18. Metaverse and Games Games are a major part of the Metaverse ecosystem. In Metaverse, the game will not have a centralized model system. It will also come with an internalized economic structure that will help users to buy in-game assets. Unique assets are represented by NFTs, and these assets can be sold on other NFT marketplaces. The users buying these in-game assets will have sole ownership over them.
  • 19. What’s The Future Like for Metaverse? At present, Metaverse is still far behind in giving the full experience to the users. After proper integration of extended reality systems, the users will be able to fully utilize Metaverse for all its benefits. Metaverse has the prospect of becoming a second digital world where people will socialize, play games, work, and make an income. However, mass adoption will still need more time.
  • 20. Learn More About Metaverse Metaverse Fundamentals Course https://academy.101blockchains.com/courses/ metaverse-fundamentals Introduction to DeFi Course https://academy.101blockchains.com/courses/d efi-course NFT Fundamentals Course https://academy.101blockchains.com/courses/ nft-fundamentals Tokenization Fundamentals https://academy.101blockchains.com/courses/to kenization-fundamentals
  • 21. 101 Blockchains Certifications Certified Enterprise Blockchain Professional Certified Enterprise Blockchain Architect Certified Blockchain Security Expert https://academy.101blockchains.com/cour ses/certified-enterprise-blockchain- architect https://academy.101blockchains.com/cours es/certified-blockchain-security-expert https://academy.101blockchains.com/ courses/blockchain-expert- certification
  • 22. Why You Must Go With 101 Blockchains Certification Courses? High-Quality Research Information First-class Training Content Interactive Exercises Flexible Learning Using Modular Approach Access to Bonus Training Materials Various Training Strategies for Faster Learning Tangible Proof of Course Completion Weekly Hands-on Assignments Professional Instructors Premium Support
  • 23. Free Resources Enterprise Blockchains Fundamentals - Free Course Blockchain Webinars Blockchain Conferences Access Free Resources Now! Blockchain Glossary Blockchain Flash Cards Blockchain Presentations Blockchain Infographics
  • 24. Trusted By 30,000+ Professionals! Read real stories on Trustpilot and G2Crowd. 650+ reviews
  • 25. The presentation is not intended to provide any investment advice and should not be taken as such. Claims made in this presentation do not constitute investment advice and should not be taken as such. Do your own research! While the information contained in this document and presentation has been obtained from sources believed to be reliable, 101 Blockchains disclaims all warranties as to the completeness or accuracy. Although 101 Blockchains research and training may address business, financial, investment and legal issues, 101 Blockchains does not provide any business, financial, legal or investment advice and this training should not be construed or used as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this presentation. Disclaimer
  • 26. Thank You © 2022 101 Blockchains. All rights reserved. This document may not be distributed, transmitted or reproduced in any form or by any means without 101 Blockchains’ prior written permission. While the information contained in this document has been obtained from sources believed to be reliable, 101 Blockchains disclaims all warranties as to the completeness or accuracy. Although 101 Blockchains research may address business, financial, investment and legal issues, 101 Blockchains does not provide any business, financial, legal or investment advice and this document should not be construed or used as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this publication.