Forbes estimates that Metaverse property prices will rise even more in 2022 after rising 700% in 2021.
There is no doubt metaverse is the new game changer in this digital era. Many tech companies like Microsoft, Adobe, and Facebook have started investing in the metaverse. Although it is still in the planning stage, it has already shown its potential in various trends and projects, like projects and games in https://www.ignitioncasino.eu/virtual-sports.
So, how about learning the top five metaverse trends in 2022 and how it is taking the technology in a completely different direction? Let’s get started!
1. Augmented and virtual reality in gaming platforms
3D Technology, AR and VR assemblies, or sonic systems are the top players in the virtual gaming business. And with the rise of the metaverse, they have gained exponential growth, strengthening their relevance and valuation in the gaming market.
A Hong Kong-based gaming platform, The Sandbox has created a decentralized virtual world for its users. Here you can create your avatars, govern the land and even host events, innovate and exchange ideas. Moreover, with metaverse, the players can buy and sell digital assets in the form of NFTs whenever they want.
The market for augmented reality (AR), virtual reality (VR), and mixed reality (MR) was 28 billion U.S. dollars in 2021 and will reach over 250 billion U.S. dollars by 2028.
2. Metaverse events
By 2024, the industry for online game developers and gaming hardware will exceed approximately US$ 400 billion, while the other opportunities will come from social media and live events.Â
And the reasons? Metaverse can meet the demands of any individual event or conference with the facilities like smaller areas and breakout rooms. It will help to run any presentation or lectures simultaneously. MultiNFT, for example, organizes events on VR platforms like Somnium Space and Decentraland through virtual nightclubs.
3. Motion Tracking
We all know that metaverse is trying to make a connection between the virtual and real world. And do you know the biggest example of that? It’s motion tracking.
With time, it will be easy for us to interact with the devices more straightforwardly. Without making any input request on your smartphone or computer, you can interact with the machines via motion, speech, or just the blinking of your eye.Â
But for this, we need more advanced and powerful technology to monitor every gesture or movement.
4. Data Science
Metaverse can able to capture a large amount of data, which you can use practically. It acts on the basis of distributed technology like blockchain. It, in turn, has started to grow the popularity of the metaverse in the next generation of data science engineering.Â
However, to maximize the utility of metaverse, the approach of data science should be simple, effective, and straightforward.
5. The blockchain, NFT & crypto projects
Blockchain is now the game changer in the business industry with the introduction of the decentralized internet. NFTs are there as well. It is a beneficial part of the metaverse that allows people to sell anything like data, services, or experiences.
There is a vast use of NFTs in crypto projects. Decentraland, for example, has a thriving sector for NFT land sales.
Wrapping up
There is no doubt metaverse will soon going to take the world by storm. With the growth of the online world, many big companies have started to invest their money in the metaverse. So, investing in metaverse technology will be a wise decision—if you want to become a part of this changing world.
Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.