Parushya Kotoky's presentation discusses the metaverse, augmented reality (AR), virtual reality (VR), non-fungible tokens (NFTs), and cryptocurrency. The metaverse combines these technologies to create a digital world. AR adds virtual elements to the real world, while VR provides a fully immersive virtual environment. Blockchain technology, crypto currencies, and NFTs will be important within the metaverse for transactions. Users will be able to game, work, learn, shop and more in virtual spaces. However, the metaverse may also raise privacy, health, and access issues.
6. Augmented Reality
We can add digital elements
and virtual elements or
object into our real world
environment.
Virtual Reality
VR is a completely
immersive experience
that replaces a real life
environment with a fully
simulated artificial one.
7. Blockchain is a system of recording information in a way
that makes it difficult or impossible to change, hack, or cheat
the system.
The goal of blockchain is to allow digital information to be
recorded and distributed, but not edited.
It helps the Metaverse to create a decentralized nature of
network.
8. It's a digital form of Currency. Crypto is decentralized
currency, No one can monitor, its works based on a powerful
technology called Blockchain technology.
Cryptocurrencies will be the main source of value within
the metaverse
9. • These are cryptographic assets on a
block chain with a unique identification
codes. Simply we can consider unique
digital assets as a NFTs.
• NFT’s will become a method of
payment or a way to represent real world
assets within the Metaverse.
10. • Online games and offline games will
get digitized in the Metaverse. Here,
users will be able to play games within
the ecosystem.
11. Real Estate
Travelling
Education
Fitness
Shopping
Video Games
12. IMPORTANCE OF METAVERSE
• The experience within the Metaverse can open up new
opportunities for individual and businesses.
• It can become a place of entertainment, commerce, workplaces,
and even social gathering venues.