Metaverse development services: The future of web3 world

Neil Stevenson coined the term "metaverse" in his 1992 novel Snow Crash. The American science fiction author created a world in which real people fled from the future's dark reality into colorful virtual worlds. He's in a computer-generated universe where his computer draws on his glasses and pumps them into jargon, this fictitious location Metaverse, says Neil Stevenson. The author described the 'Metaverse' as a virtual reality version of the Internet in which people move as avatars, three-dimensional images that can interact with space, objects, agent programs (AI avatars), and real people through their avatars. This reality gets connected via helmets or virtual reality glasses. Even in its early stages, the metaverse promises to transform the user experience in unprecedented ways.

Metaverse market Statistical View

In 2020, Apple acquired the virtual reality startup NextVR. Microsoft recently paid $68.7 billion for gaming behemoth Activision Blizzard. Tencent and Alibaba, two Chinese tech behemoths, have registered metaverse-related trademarks. Epic Games raised $1 billion in an attempt to develop a virtual world concept. In February 2022, South Korea's Ministry of Science and ICT announced plans to establish a 223.7 billion Korean won (US$180 million) fund to invest in the country's metaverse industries. Seoul has implemented the 'Metaverse Seoul' platform to provide services and information to its citizens in a virtual space. The metaverse Advertising market is estimated to be worth $53.7 billion by 2024. Virtual training may get four times faster in the future, while simulated training achieves 75% retention and up to 33% cost savings.

Technologies underlying the metaverse

Metaverse development services rely on several technologies. A few technologies are listed below:

NFT-technologies

This technology maintains the identity of the avatar and objects, as previously discussed. All avatars, objects, structures, skills, and other unique things in the meta universes will be implemented as NFTs because this technology is currently the best way to identify and transfer ownership of digital assets between people from one metaverse to another.

Interactive 3D technologies

Any metaverse requires technology to scan the real world to create a 3D image of it and then transfer this model to the virtual world. And this technology should be fast enough and produce excellent graphics because users will struggle to immerse themselves in the virtual world if there is input lag and a poor picture.

Mixed or Extended reality

Mark Zuckerberg emphasized that people will interact with virtual spaces without physically entering them. He introduced the Meta app that works on smart glasses with augmented reality as part of Project Nazare. According to Meta, the new device will be the first full-fledged AR glasses, allowing the creation of MX, XR-reality. New business models, such as shopping with virtual clothing fitting or virtual machine testing, can be created using MX / XR. By the way, this is the simplest method for developing a metaverse application.

Large-scale computing storage

Building truly fascinating meta-universes will necessitate massive computing power without interruption or crash. The simplest way to accomplish this is to distribute computations and storage across multiple nodes, like blockchain technologies.

Artificial intelligence (AI)

Future meta-universes will also necessitate quite powerful artificial intelligence. It is necessary to interact with people more closely using assistants such as Google Now, Apple Siri, Amazon Alexa, and Microsoft Cortana. Furthermore, AI is required to create and audit platforms, to build more reliable protection for users' data and money. Of course, artificial intelligence can enhance the biological forms of the virtual world, like NPCs in games.

5G network communications

Furthermore, developing the metaverse platform and related applications will necessitate a faster Internet connection between the system and the user, through which massive amounts of data - from audio files to high-resolution textures - will be transmitted. Only the fifth generation of mobile networks, 5G, will be able to handle the increased load, with peak download and upload speeds far exceeding those of 4G - 10 GB/s versus 100 MB/s.

Metaverse development process

The Metaverse development services would distinguish your brand from competitors. Users of the metaverse platform can enjoy the features and gain control over their assets. The steps for developing a successful metaverse platform gateway are listed below.

Business Analysis

The metaverse development services begin with an idea. It doesn't have to be revolutionary. A metaverse project must incorporate a monetization policy. The ideology must provide tangible benefits to the target audience or improve one of the metaverse platform elements. For example, you could start a cryptocurrency project to move avatars and objects between the VR universe or design a new virtual reality controller.

Prototyping

The information design architecture created at this stage, user flows are developed and optimized. The design team will offer the best user interface design. Their efforts will yield a prototype - an animated visualization of the interface for future product end-users.

Development

At this point, the developer team begins coding the Metaverse application. They build the future project's components and integrate external services like payment gateways. The process of writing the code can take anywhere from one to several months in real time, depending on the project's complexity.

Testing

QA specialists are in charge of this. The QA specialists thoroughly test your metaverse application in terms of the user interface, storage, and security features. They also inspect the finished product for bugs, functionality, usability, load, and compliance with the technical specifications usually takes about 20% of the development time.

Deployment

When the metaverse platform has completed testing, it is moved to the launch phase and deployed with high-security features. The application is deployed to local or cloud servers after it has been built and thoroughly tested. If this is a mobile application, the experts launch it on app stores such as the App Store, Google Play, Microsoft Store, Amazon App Store, and others.

Maintenance

The process of developing an application does not end with its release. Typically, the development team requires additional time to catch all bugs, assess user reaction, and improve or add (or remove) some features. The support service will assist users in resolving problems with your application and collecting feedback from them.

Wrap up

While a unified metaverse is on the way, we can already see developments that could lead to its creation. We can already experience metaverse-like projects starting to integrate blockchain into our daily lives. Furthermore, as the VR platform's popularity grows, we can expect many more Metaverse development services in the coming decades. If you want to build a metaverse platform, now is the best time. Pick a best Metaverse development company that delivers a robust platform based on your business requirements.