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and know also in book form. the only way i can be on the top is to create my own empire, discover stories with just to click away. majority the destination, right? find out this documentary is with the full subscribe. now d, w. okay, ma'am tree. a mess averse the tech buzzword over the past few months. the virtual world is supposed to offer unlimited opportunities for fun, games and work. the tech sector has invested huge amounts of cash into the med of us, but what has actually happened to the original dream of a virtual universe? ah,

a pawn from met as horizon worlds. others are also working on making the vision of a met averse a reality, such as roadblocks, the sandbox and the central land. for example, mark zuckerberg has invested billions into his met averse idea. but will it pay off an all encompassing met. there's like in the science fiction novels, snow crash does not exist yet. instead, there are more than $100.00 virtual worlds. it's unclear which will come out on top, but we can already see what people like doing and spending money on intimate reverse. this will music events are popular. arianna grande's snoop dog and others have attracted more than 60000000 fans to the most of us. but there is often no charge for the tickets that will really stay trading. on the other hand is a major source of income in the matter of us. they have already been sales of nearly full 170000000 euros for virtual houses and land.

the total value of all via goods is currently more than triple that at around $1500000000.00 euros. visual dating is yet to take off. but forbes magazine predicts the number of via dating apps will grow. one example is us does have planets, sita hello, chris, my virtual danes. lovely to meet you. nice to meet you. we've set up a number of places to be able to either organically meet new people or through our micro dating, which is an over here to your left the in the v i p area. it's like a quick kind of speed date. and if it goes well then they can go on to a coffee date that's a little bit longer. visual scores and fitness programs will be a big part of via and the met of asks a industry experts working out immersed in

a completely different world around assist the potential via hardware customers in the usa that's more appealing than any other the on application the front run is though still the via multi player games like fortnight and the roadblock scaling platform. they generate billions in revenue roadblocks allows users to create their own virtual environments and games that other uses can play themselves. every day, up to 58000000 gamers are active at the same time on roadblocks of as a loan. yet the project created back in 2006 hasn't made any profit so far. so the met of us is state in a very early stage in terms of development at big part to what a piece i see on the met of us right now is focused around m, getting attraction from investors. it's all about getting to that next stage getting development a bit further. and currently we're not at

a stage where the met of us is any when they're ready yet to bring on and find appealing m office to consumers or to businesses really that can help driving the met of us forward outside the gaming industry. there are other issues with the med of us, even if big companies like mental or microsoft promised. otherwise. the promises were huge, especially regarding the graphics pre produced trailers, shown as met as annual keynote, for example, raised high expectations. but in reality, metas may nap horizon worlds is a bit of a letdown. torsos without legs, jerky, animation, and virtual worlds that are often deserted. these issues also play competitors like v r. chat. enter one of these virtual worlds to hang out with the fantasy avatars. and you might find the interaction of little strange maybe how you been. are you all right?

everything. okay. but it's not quite the revolution of social interaction that was promised not yet. anyway. many of these social b r worlds are also not seeing the user numbers they'd hope for. according to the wall street journal meadows horizon worlds were visited by only 200000 active users in october 2022. far from the initial $500000.00 and target for the end of the year, and alternative to met averse is the central land overseen by a non profit foundation. it's a decentralized world where users can buy virtual land as nf t's the graphics are more evolved than in metas horizon world. the avatars even have legs. but it's also a lonely world. the website, d. c. l metrics measures around 8000 visitors a day. the question is, what kind of met averse to we actually want one where we can experience everything from music festivals, to dates and business lunches, or could have met a verse like via chat which has one clear focus come out on top because what

exactly is met is horizon world's unique selling point? without that it could be difficult for zak, a bugs drain to take off. format meadow advisors have voiced their skepticism, such as video game, develop a legend, john commack. in his speech at the 2022 meta connect conference comic said instead of programming an entire virtual universe, then that others should emerge from an existing popular game or ap. he compared this to his development of the 1st person, shooter games. dim and quake in the 19 ninety's, which created technology that was later used for the game fellow rents. for many mark zuckerberg, horizon worlds just isn't developed enough yet. some people are skeptical that one single company can create a successful worldwide met of us, myself included, and met as stock value has plummeted. but the idea of a med, of us is still appealing for many investors. analysts predict the sector could reach

a value of 750000000000 euros by 2024. central america also wants to jump on board, but it's risky and difficult to make money with a med of us. as our next example from guatemala shows. virtual houses, you oppose, and my in pyramids, it's all for sale and plots the land. this metaphors project was founded by the guatemalan real estate investment fund portfolio diverse kado. each virtual property or plot see costs $500.00 us dollars. plots, he land sold 3000 of them. it was one of the 1st committed versus in latin america . i'm looking back there now and i think it projects, but then not that popular. most of them work with mesa versus with an f t economy. and like to give a land walk hollandia and be a bar salon and each one gives that a style a different user experience. with l metal. budded ownership of the plant

sees is established by unique and f t certificate, a non fungible token that can't be copied, substituted or subdivided. and if t's are recorded in a block chain to certify authenticity and ownership, they can be sold and traded blotchy land founders promised their investors a return of 8 percent in the 1st year. but open see the biggest and f t market that hosted plots he land remove the digital collection from its servers, triggering a panic on instagram posse land founder rodrigo blanco, has asked owners to remain calm and says their properties are safe in the n f t wallets. or marine for current deciding scale of the most important thing is to know which block chain you'll, while it is in, it's implemented a hand on that because there are block chains that just stop working no matter how secure or decentralized they on the call. now remember my it element in when i say what i can see is a platform that doesn't really offer security level. it doesn't have the

decentralization that is needed in the world of block chain and crypto. busy only we have to be sure that no one can get into our wanted see my class yet in a many, many of those platforms have their own economic system based on and if tease and block chains, this is how they're hoping to attract investors and generate revenue. so when we talk about and cheese and block chain, i in a sense think they provide an example of the technology and the angled. it's needed to really take the met averse to the next step. the other question is also ah, and if she's unblocked shane a mass market focused tool, the terms block shannon and cheese together with crypto currency. ah, almost scary words. ghost are associated with technological development, but they're also associated with high risk. there aren't just problems with the use of nf t's which form the backbone of economic systems in the meadow verse. a lot

needs to also improve in terms of user friendliness and immersion before them adverse can really get going. oh, most of us worlds have one thing in common. no matter how well developed the visual experienced, you don't feel anything which starts users from being fully immersed to their number about some challenges. first and foremost is, is optics not that is a fundamental issue because the way that we interact with the real world is, is driven by it. so our servers, sensory motor system. so we, we are actively gathering the information from the world around as to interactions . and that was the key thing with the our, to work with jackets enable sensation in b. r uses can feel, hugs, heat, and even pain. the sense of touch is vital for

a realistic experience. this is also challenging for the design. if you're using a virtual laptop, you should be able to feel the keyboard so called tracking systems can map objects and transmit them as virtual objects or avatars. but we have a few solutions now of bringing a virtual keyboard, introvert, reality and then mapping it over you realize keyboard. so you see your virtual hands on a virtual keyboard there, one for one with your real life hands on a real keyboard. this also means that laptop and phone screens need to be visible in the matter verse. here literally as he comes in handy, can create multiple monitors. and so instead of having one screen to work on, you can have 5 screens to work on. so if you're someone who has a lot of tabs open are applications, you can spread out nicely. however you want. in virtual business conferences uses one to look the part i don't like themselves. london bay starts at bloom. arithmetic is working to create realistic avatars. we believe in the met her birthday will be many gaming and non serious applications. we can get away with the

non realistic avatar. but the, tomorrow's matter verse will really all to be about serious work, where you really need to put project your real self and not, not your cartoon for these hot, realistic avatars are created using artificial intelligence and 3, these guys they could encourage uses to try out more serious applications in the midst of us, even more important than half dixon avatars is connectivity. future virtual worlds need to be linked to one another to avoid having to sign in or create new evidence every single time this way. the dream of a truly digital universe can become reality. how much potential do you see in the idea of a med of us, and what could it be useful? let us know by for now and see you next on. ah ah

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