network: Web 3.0 vs. Metaverse: similarities and differences

network: Web 3.0 vs. Metaverse: similarities and differences

< Show Wisdom Collection: Web 3.0 vs. Metaverse: similarities and differencesarticle avatarHussein Hashish

Blockchain academic & analyst.

In your opinion, what are the differences between Web 3.0 and Metaverse?

Well many people get confused on what the Metaverse is, and to put in extremely simple terms, its a new way for people to interact with content online, so instead of interacting with 2 dimensional applications on a mobile phone, or browsing through the web flipping through pages or tabs, these websites are transformed into 3-dimensional objects. So, instead of browsing through an apparel store or an online sports shop, the website is transformed to a 3-dimensional building or mall, where users interact with it as in-game characters or avatars. instead of flipping through pages on a web browser, users will be able to interact virtually and immerse themselves in the virtual building. not only that, they will be able to walk or virtually teleport from one "website" to the other but in 3-dimensions. The next level is integrating Virtual reality headsets which will push the experience to another level where users can then "feel" & interact with objects and other users virtually. So the concept of the Metaverse would be like a more interactive & immersive internet where users will be able to jump from one virtual world to the other. Web3.0 is the evolution of how users control their online identities and digital assets. in Web2.0, which we have been living & experiencing, is where companies and developers develop online products and services, such as social media apps for instance, for users to interact with, but in a centralized manner, meaning the companies own everything on the platform and users have little to no control over the content they create. So web2.0, users create content, companies control the content and monetize it. Web3.0 users create the content, and users control & monetize the content. how? through blockchain & cryptocurrencies. Blockchain enables users online to interact with online services which are governed by a decentralised network of computers, not a single company, with access to these services being totally open and permissionless for anyone with an internet connection & a cryptocurrency wallet. In this setting, users have full control of their online identities & control when and how they share their data with different online applications through their private keys. in Web2.0, the centralized entity controls access to the service, and control user data. in Web2.0 users register to access a service and give up their precious data and content in exchange for convenience of the service. unless they agree to the terms of service, they are bared for access. in Web3.0, the online service is open for access to anyone and no registration needed, so users have full control of their data but at the same time bear the risk of protecting their digital data and assets as they become the only custodians and therefore forego the convenience of centralized services.

What common ground are between the Metaverse with Web 3.0?

With all of this into consideration, the OPEN Metaverse is indeed WEB3.0. An internet with no gatekeepers and centralized entities. An internet that is governed by a decentralized community of nodes that offer open, permissionless, censorship resistant access to users around the world to exchange value and information on their own terms. An internet that is immersive and provide a way to digitally own & transfer data and content freely.

article avatarVictoria Ejumegu Eloho

Web developer

In your opinion, what are the differences between Web 3.0 and Metaverse?

Web 3.0 is firstly an improvement on Web 2.0 internet and it is the technology that enables internet activities to be done on it. While Metaverse talks about futuristic era where computer supported devices generate ways for humans to move into the digital realm.

What common ground are between the Metaverse with Web 3.0?

1. The internet (online)- having to connect to the internet through Mobile network or service provider. 2. Computer and digital devices that serves as a medium or point of contact to the online world. 3. Technology- that phase of revolution that makes life easier. 4. Humans/users that use or will use such technology

article avatar

Giorgi Tsukhishvili

In your opinion, what are the differences between Web 3.0 and Metaverse?

Metaverse is collective, shared virtual space that is created when the physical realm converges with the virtual realm, which includes virtual reality, augmented reality and the internet. And Web 3.0 is defined as the creation of high-quality content and services produced by gifted individuals using Web 2.0 technology as an enabling platform. Web 3.0 refers to specific technologies that should be able to create the Semantic Web.

article avatarBatang Riles Riles

Crypto & Happy

In your opinion, what are the differences between Web 3.0 and Metaverse?

web 3.0 is the portal internet gates that let's the user's use to access the world of metaverse while metaverse is the virtual internet world that bind the tangible and intangible process.

What common ground are between the Metaverse with Web 3.0?

the common ground of both is that they need each other to interact one another using codes and system technology, using same network and blockchain to combine and use it as a virtual world

article avatarYudha Eka Saputra

Web Developer

In your opinion, what are the differences between Web 3.0 and Metaverse?

In my opinion, the Web 3.0 definition can be expanded as follows: data will be interconnected in a decentralized way, which would be a huge leap forward to our current generation of the internet (Web 2.0), where data is mostly stored in centralized repositories. Then Metaverse is real world simulation that create on blockchain system with emerging technology, like artificial intelligence, and expanded reality, like VR and AR, create versions of their own digital realities.

What common ground are between the Metaverse with Web 3.0?

Metaverse is an extension of our current existence. Think of it as another virtual world that lives in parallel to our physical world — a world that we can freely access through the internet and compatible hardware devices. Metaverse need an open, trustless and permissionless network and Web 3.0 is the best place to do.

article avatarLester Liwag

Trader

In your opinion, what are the differences between Web 3.0 and Metaverse?

Web 3.0 is the development of blockchain in which social network applies including such activities on how to interact with people, while metaverse is the amplication of social activities like chatting, events, virtual interaction etc.

What common ground are between the Metaverse with Web 3.0?

The common ground between metaverse with web 3.0 It both uses blockchain technology with social network that operates in the same ground that enables new product that interact the people in their doing.

article avatarOmotolani Jaji

Blockchain developer

In your opinion, what are the differences between Web 3.0 and Metaverse?

Web 3.0 and metaverse a both new technologies and at there early stages, They have similarities and as well as differences, Web 3 is different from metaverse in lot of ways, one being that web 3 can function on different blockchain network examples ethereum and the bsc network.

What common ground are between the Metaverse with Web 3.0?

Similarities between web3 and metaverse is virtual world concept, Metaverse plan to build a virtual world where long distance communication would be more true to life, web3 on the other hand has implemented something similar.

article avatarAbdelaziz Hosny Attia

accountant

In your opinion, what are the differences between Web 3.0 and Metaverse?

Web 3.0 Web 1.0 (around 1991 – 2005) consisted of mainly static websites on desktops and laptops. It was expensive to create a site and so only big companies had them and they were mainly for pushing information or as replacing things like the Yellow Pages for finding things. Web 2.0 is social and mobile and characterised by an explosion of digital creation though blogging, podcasting, social media, video, comments, digital publishing and digital commerce. The cost of creation basically went to zero and everyone with a mobile device and/or access to the internet could have an online presence. Facebook launched in 2004 and Twitter in 2006. The iPhone and the Kindle were both launched in 2007, which is when web 2.0 really took off. Web 3.0 is the next stage and we are in the early stages now, kind of like the years 2004-2006 when early adopters began blogging, way before it went mainstream. Web 3.0 is about exponential converging technologies, rather than one thing on its own. It encompasses the decentralized web powered by blockchain technology and decentralized finance including tokenization and digital currencies (which will be launched by banks as official country-specific currencies). It will also encompass the spatial web which will blur the boundaries between digital and physical though the use of sensors (the Internet of Things), AR and VR. Artificial intelligence and 5G connectivity will underly everything, a bit like electricity and mobile internet do now. The Metaverse Neal Stephenson first came up with this term in his 1992 novel, Snow Crash, and it encompasses both physical and digital worlds. It won’t be a single place run by one specific company. It’s more like ‘the internet,’ a term that encompasses so much. It will be accessed and experienced through AR and VR devices, rather than just 2D screens. Venture capitalist Matthew Ball describes the metaverse not as a virtual world or a space, but as “a sort of successor state to the mobile internet” — a framework for an extremely connected life. There “will be no clean ‘Before Metaverse’ and ‘After Metaverse.' Instead, it will slowly emerge over time as different products, services and capabilities integrate and meld together.”

What common ground are between the Metaverse with Web 3.0?

In October 2020, The Verge reported that “more than a million people showed up to an album launch party inside the virtual world of Roblox. American pop star Ava Max held a ‘virtual fan meetup’ in the game to celebrate the launch of her new album Heaven & Hell.” Roblox is a gaming platform that’s been around since 2006, but Jon Vlassopulos, Roblox’s head of music said, “The stretch goal is to go to the non-obvious places, where we can make the virtual experience even better than the real-world experience … The confluence of virtual spaces and music has been steadily growing for some time, but it’s really accelerated in 2020 due to the pandemic. With live, in-person events almost entirely canceled across the globe, artists have been searching for new ways to connect with fans.” [The Verge] At WIRED Live (online) in November 2020, the CEO of Improbable.io, Herman Narula, said that “the virtual world won’t replace the ‘real’ world,” but it will improve our interactions, because it is one of the few places where age, gender, race, sexuality, nationality and language don’t matter. He predicted that there would be jobs inside virtual worlds within five years, and that VR has the potential to be as transformative as the internet. There have been virtual economies within virtual worlds for years. Second Life was established in 2003 and still has active users who interact, buy and sell with avatars, but it’s all 2D on a screen. As the price of virtual reality headsets drop, and more people use them for work, education, and gaming, new forms of retail will emerge. VR offers a new way to teach, connect, earn additional revenue and market books. Many writers teach, and many also speak and network at in-person events and conventions. While these physical events will continue, online and virtual events will only expand, and I expect to be speaking in VR before 2030

article avatarLuis del Valle Ruiz Ortega

technical in PC and internet

In your opinion, what are the differences between Web 3.0 and Metaverse?

The differences are marked by security, simplicity, speed of transactions, the amount of rewards and profits earned by the user and their impact on both social networks and the user's daily life.

What common ground are between the Metaverse with Web 3.0?

Their most important similarity is the user, who brings projects to life and works with crypto assets. Web 3.0 can take all of that to the level that the metaverse requires in order to be the same in a decentralized network. In the metaverse it is not possible to fork the network as it is possible to do it in a chain of blocks, however more users can be gained through the rewards that the metaverse provides for simply talking about it, this is done by the ethereum network than the it grows by using its tokens and its network.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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