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Metaverse, making science fiction a reality

So what exactly is the meta-universe?

By How GreerPublished 2 years ago 3 min read

What is the meta-universe?

The meta universe may have been familiar to digital geeks for a long time, but it's only recently that it has really hit the public eye. The simplest definition of the term metaverse is a unified and persistent virtual environment accessible through extended reality (XR) technology, which you can think of as a scene or stage of an ongoing digital transformation. People now like to believe that virtual worlds, combined with connected devices, blockchains and other innovative technologies, will become so widespread that the metadverse will become an extension of reality itself.

And that will have a big impact on society. Just as the Internet and smartphones have changed the way our societies and businesses operate, the metasurses could change the way people and businesses communicate and operate in innovative but unpredictable ways.

The meta-universe is the best application of the integration of multiple industries, the best scene of mutual empowerments of digital economy and real economy. Meanwhile, it is also the best opportunity for traditional enterprises to overtake each other and reproduce their glory.

Ii. Meta-universe Real Estate

People have been talking about the concept of "digital real estate" for decades. Historically, the phrase referred to rare space (often devoted to advertising) on a particular publisher's website, such as the New York Times homepage. Today, people are used to centralized entities and attention platforms like Meta and Google owning many of these Spaces and then renting them out.

Digital real estate has always had value. What makes Web3 different is that digital asset paradigms such as digital goods enable people to own, rather than just rent, specific digital real estate and virtual world land and locations in unique ways for private or shared use.

In real estate, internationally, Republic Realm, a U.S. digital real estate company, has entered the metasomes. In China, Wanda Group, Greenland Group, Poly Real Estate, Joy City Real Estate and other high-profile announced their entry. Adrian Cheng, chief executive of Hong Kong real estate giant New World Development Group, also announced an investment to buy digital land.Third, the real estate layout of the meta-universe

Beyond the geographical value of digital and virtual worlds, there is the question of which platforms are more valuable. This is where the classic chicken-and-egg relationship of guiding and building trading markets comes into play: best built on a platform with a large existing user base; But at the same time, users are more likely to join a platform where the ecosystem is thriving.

1. Greater China Meta-universe

Greater China yuan universe, refers to the greater China group, all the buildings, the undeveloped land parcel via digital twin technology, in the phone APP form a huge virtual space, issued by digital goods, access to a number of the original user (residents), again by the operator (property), to the user in the virtual world need various consumption scenarios, such as: Games, deals, auctions, social networking, live streaming, concerts, etc.

The physical rights and interests that the user needs will also be mapped through the meta-universe, such as the rights and interests of house purchase, hotel membership card, shopping mall preferential rights and so on.2. Wanda Plaza Metaverse

Wanda Commercial has entered the era of 4.0 and innovated around content, scene and technology. The core of scientific and technological innovation is to create digital virtual reality experience based on digital twin. Meanwhile, it innovates in content and scene to break the boundary of life scene and create a better lifestyle.

BIM and 3D point cloud scanning technology are applied to establish the digital twin of Wanda Plaza, forming a "parallel world" corresponding to the physical plaza. This virtual digital scene breaks the boundary of the real scene and creates a "commercial space meta-universe", allowing people to shuttle and interact with each other in the virtual and real world.

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    HGWritten by How Greer

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