work: Web 3.0 vs. Metaverse: similarities and differences

work: Web 3.0 vs. Metaverse: similarities and differences

< Show Wisdom Collection: Web 3.0 vs. Metaverse: similarities and differencesarticle avatarPaul Tansley

Admin

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

Meta verse as in decentraland for example is a virtual world where Web 3.0 is a layer on Top of the www These are different but work in sync together

What common ground are between the Metaverse with Web 3.0?

Virtual reality Augmented reality these are two of the features to meta verse it’s a world within the world of the internet where people go to socialise through use of A.I

article avatarRommel Daguio

Programmer

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

Web 3.0 is permissionless while Metaverse is immutable ownership of digital goods and currency. Web 3 enhances the internet as we know it today with few other added characteristics like verifiable, trustless, self-governing, permissionless, distributed and robust, stateful and native built-in payments.

article avatarESMAEL DE GUZMAN

Technician/Trader

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

I think the differences of web 3.0 to Metavers are, Web3 consumers own their data, they able to control their own data, While metavers is the creation of a digital space for us to live, socialize, and work that transcends the space-time of our physical world.

What common ground are between the Metaverse with Web 3.0?

They are both using advance and beyond digital space, concept of a future iteration of the internet, made up of persistent, shared 3D visual spaces linked into a perceived virtual universe.

article avatarAkeem Lekan

Community manager and marketer

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

There's been this hype about the METAVERSE, but most people are yet to understand it. I'll be explaining it in details. The word METAVERSE is made up of the prefix; "META" which means "beyond". And "VERSE" which is derived from the word "universe". Thus 🔸METAVERSE is a combination of physical, virtual and augmented reality, in a shared online environment. Just like in the normal internet, you get to login and connect to the virtual world with the help of a head mounted display of a virtual reality headset. Humans get to experience life or exist in a virtual world in form of avatars and also get to see buildings, people and vehicles just like in the real world. With the metaverse, you get to exist in a virtual world where you're previleged to experience similar real life scenarios but in a virtual form with limitless abilities. It is more like being present in the internet rather than staring at it on a screen 🔸In a layman's understanding: Instead of video chatting your friends on a screen, the metaverse puts you in a virtual 3D environment (of your choice) similar to the real world where you get to interact, play games, discuss etc with your friends who are represented by their avatars, all with the help of a specially designed virtual reality headset. It is still quite unclear what the metaverse will look like and how it'll work. 🔸But, it will not be attaining it's climax stages anytime soon due to its complexity and the whole new bliss it offers. • The #metaverse is transforming the entertainment industry really fast. 🔸It is believed yet the market opportunity for the metaverse will hit about $800,000,000,000. (80 billion dollars) by 2024. HOW DOES METAVERSE APPLY TO REAL LIFE? 🔸Metaverse technology has experienced massive adoption recently from tech companies like Facebook Microsoft, Epic games etc. They can't risk getting left behind. 🔸Facebook is transitioning from just a social media app to a metaverse company. 🔸The gaming industry remains one of the top industries that'll benefit from this technology. It'll give users a better gaming experience compared to the the# normal gaming system. Instead of playing games on the screen, the metaverse gives you the feeling of being present in the game. 🔸In the words of Mark Zuckerberg: "it is a Virtual environment where you can be present with people in digital spaces. You can think of this more like an embodied internet that you're inside of rather than just looking at. We believe that's it's gonna be the successor to the mobile internet". Meetings,seminars, hangouts, parties, Music festivals and other occasions can be hosted inside the metaverse digitally. That's what the metaverse is all about. In the next article I'll be reviewing how you can benefit from it and the opportunities available in this new technology, and how you can invest in it... There's been this hype about the METAVERSE, but most people are yet to understand it. I'll be explaining it in details. The word METAVERSE is made up of the prefix; "META" which means "beyond". And "VERSE" which is derived from the word "universe". Thus 🔸METAVERSE is a combination of physical, virtual and augmented reality, in a shared online environment. Just like in the normal internet, you get to login and connect to the virtual world with the help of a head mounted display of a virtual reality headset. Humans get to experience life or exist in a virtual world in form of avatars and also get to see buildings, people and vehicles just like in the real world. With the metaverse, you get to exist in a virtual world where you're previleged to experience similar real life scenarios but in a virtual form with limitless abilities. It is more like being present in the internet rather than staring at it on a screen 🔸In a layman's understanding: Instead of video chatting your friends on a screen, the metaverse puts you in a virtual 3D environment (of your choice) similar to the real world where you get to interact, play games, discuss etc with your friends who are represented by their avatars, all with the help of a specially designed virtual reality headset. It is still quite unclear what the metaverse will look like and how it'll work. 🔸But, it will not be attaining it's climax stages anytime soon due to its complexity and the whole new bliss it offers. • The #metaverse is transforming the entertainment industry really fast. 🔸It is believed yet the market opportunity for the metaverse will hit about $800,000,000,000. (80 billion dollars) by 2024. HOW DOES METAVERSE APPLY TO REAL LIFE? 🔸Metaverse technology has experienced massive adoption recently from tech companies like Facebook Microsoft, Epic games etc. They can't risk getting left behind. 🔸Facebook is transitioning from just a social media app to a metaverse company. 🔸The gaming industry remains one of the top industries that'll benefit from this technology. It'll give users a better gaming experience compared to the the# normal gaming system. Instead of playing games on the screen, the metaverse gives you the feeling of being present in the game. 🔸In the words of Mark Zuckerberg: "it is a Virtual environment where you can be present with people in digital spaces. You can think of this more like an embodied internet that you're inside of rather than just looking at. We believe that's it's gonna be the successor to the mobile internet". Meetings,seminars, hangouts, parties, Music festivals and other occasions can be hosted inside the metaverse digitally. That's what the metaverse is all about. In the next article I'll be reviewing how you can benefit from it and the opportunities available in this new technology, and how you can invest in it

What common ground are between the Metaverse with Web 3.0?

They are decentralized, more fun and in the aspect of Music and Art, entertainment as well. NFT is a non fungible token, while metervase can also be refer as that, we can exchange metervase token, we Play2Earn while on NFT we design for an exchange, everything speaks about different aspects of skills... I might be a game type while my friend my be a designer we can both earn with our skills

article avatarZahid Hassan

I am a professional crypto trader

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

In my opinion metaverse is too futuristic. And this can change everything in future but web 3.0 is not good enough. And I haven't any Idea about web 3.0

What common ground are between the Metaverse with Web 3.0?

Web 3.0 and metaverse both are still not available. And this can change everything in future . And both project work are similar. And both are in research mod

article avatarOliver Ugwuoke

Entrepreneur & Digital Marketer

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

First and foremost, I believe that Facebook's decision to change its company brand to Metaverse, or 'Meta' for short, is a fantastic move. Metaverse, in my perspective, is more like a world for advanced digital socialization, whereas Web 3.0 is the next stage of web evolution that will make the internet more intelligent or process information with relatively close to human intelligence.

What common ground are between the Metaverse with Web 3.0?

The two work closely and are mainly created on the web, which is available to individuals all over the world. Web 3.0, in conjunction with Metaverse, will be a fantastic advancement for the digital world.

article avatarGerhard Schoosleitner Schoosleitner

Fitter

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

The metaverse: A virtual space that is created when the physical area converges with the virtual area. Web 3.0: The third generation of Internet services for websites and applications. Web 3.0 enables the creation of smarter, more connected, and more open websites.

What common ground are between the Metaverse with Web 3.0?

Metaverse and Web 3.0 interact together as a whole. And thus work together on different blockchain networks. Metaverse as a workspace and Web 3.0 for concluding intelligent contracts.

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 avatarAthanasios Sarigiannidis

Algorithm creator, coder, chem. engineer,trader,investor

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

web 3.0 is a new protocol that we interact with the WEB. it certainly has a more solid definition and it's boundaries are well thought where Metaverse is a more fluid meaning that has not yet still solidified inside humans. web 3 is: “Open” — meaning built on open standards, by an open and accessible community of developers and executed with full transparency “Trustless”— meaning in that participants can interact with the comfort that all information is correct and authenticated — without needing to trust a third-party to verify “Permissionless” — meaning that no one can be barred from participation, even from an authority figure like a government Metaverse is too many things with too many meanings. I'd like to focus on our extension of our existence inside the digital world. should it be just an avatar ,just an augmented reality and then we get bored, should it be a digitazation of human experiences and thoughts and memories and THEN we get bored? should it be the fully merge of AI with a human on a decentrilized protocol that keeps us alive for as long as we can afford? all those are questions only to be answered from this generation and the next one. I'm not the one who decides. maybe Meta one day evolves to ALPHA , the collective AI of all souls of all humans right before we take off and travel to Earth 2.0. who is the one to know everything? the one who his mind plays tricks with him. I certainly don't know what the MeTA and the Gamms and the Alpha will be. all I know is that I will have a taste of it seeing the growth of this space. in blockchain we trust

What common ground are between the Metaverse with Web 3.0?

the direction of humans towards decentrilization can lead to the connection of those 2 fields. but the one can certainly exist without the other. the best scenario ofcourse is the 2 to merge and work together. like I said the time is close.

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