• News
  • Celebrities
  • Finance
  • Crypto
  • Travel
  • Entertainment
  • Health
  • Others

Gaming At the Forefront of Metaverse Development

The virtual economy is growing on the back of the popularity of massively multiplayer online games (MMOs). Players are getting immersed in MMOs for entertainment and recreation purposes but change is brewing. These gaming environments are now blurring the lines between the physical and virtual world, creating metaverses.

A metaverse is a higher-level virtual world, where the physical, virtual, the internet, and augmented reality all converge to create a technological marvel. Silicon startups are immersed in the technology of metaverse creation and Facebook has adopted 'Meta'' as its identity.

A few years ago, the term metaverse was a sci-fi realm term. It was first coined by sci-fi writer Neal Stephenson. In his novel Snow Crash, Stephenson created a massively multiplayer virtual world. Players would don specialized goggles to access this metaverse. That said, Ready Player One might be the most popular and recent mainstream version of the metaverse. Steven Spielberg's rendition of the metaverse is a technological futuristic fantasyland where the disenfranchised people of the world go to live a better life.

Players in their avatar form engage anonymously with each other via expensive VR sets experiencing everything the OASIS has on offer. Players only get back to the “meat world” for sustenance.

The Metaverse In Gaming

The actual definition of the metaverse might be nebulous at the moment, but what we know for a fact is that games created the first metaverses. Roblox, Minecraft, Fortnite already have self-sustaining metaverses.

Some of the gaming sectors' formidable metaverses today include Call of Duty Warzone and Fortnite. These video games' stories are constantly evolving in a recognizable environment and there are a lot of activities that players can be part of.

MMORPGs like World of Warcraft and GTA Online accounts take players to otherworldly realms offering complex role-playing gaming options. Jagex has also brought back one of the oldest metaverse MMORPGs in existence… Old School Runescape (OSRS).

Twenty years ago, OSRS had a functional metaverse that allowed players to interact and experiment in a virtual world. Its metaverse had features such as impressive demand and supply mechanisms of rare game assets. On-demand, in-game assets such as "Party Hats" would skyrocket in value over time and players could agree on prices of assets via peer-to-peer agreements.

Its game developers later created the "Grand Exchange" to lower scams and fraudulent activities. Over time, OSRS items would sell on eBay against developer wishes, of course, but the fact is players could at last exchange their value for real-world cash.

The growth of the OSRS metaverse economy became so phenomenal that in Venezuela, players could settle their bills using OSRS gold. Secure third-party marketplaces such as Eldorado.gg now support a safe play to earn OSRS gold and even for the upcoming prospect Lost Ark gold trading environment via its TradeShield element.

What's more, in Eldorado, players can exchange OSRS gold for cryptocurrencies such as BTC and USDT. They can alternatively settle their cheap OSRS gold sales using USDT, BTC, ETH, BCH, and DOGE.

Conclusion

The metaverse will blow the potential of the virtual out of the water, giving billions of people access to revenue generation platforms. As is with most advanced technological developments, gamers will be first to partake of the benefits of the metaverse.

About The Authors

Susan Murillo

Susan Murillo - Susan has been interested in real estate since she was a child in Halifax, Nova Scotia. Susan had always wanted to pursue a direction that would encourage her to support others, and she discovered her true calling in real estate, where she could serve her clients and direct them through one of their most significant investments. Shannon has been involved in the selling and distribution of one billion dollars in real estate in Western Canada over the last ten years.

Recent Articles

  • Crypto Accessories Every Crypto Holder Should Know About

    Crypto Accessories Every Crypto Holder Should Know About

    These days, crypto accessories and gadgets can be found everywhere. There is a vast selection of products available for purchase, ranging from cryptocurrency wallets to devices that make buying and storing NFTs easier. If you enjoy cryptocurrencies and would like to own some, trade some, and play around with it, read on. These Bitcoin accessories will quickly become some of your favorite electronic gizmos.

  • MoviesCouch Hollywood Movies Download – Down, Down The Drain

    MoviesCouch Hollywood Movies Download – Down, Down The Drain

    It looks like one site will let down film lovers who used to frequent it for movies that they can download for free. If you’re looking for MoviesCouch Hollywood movies download, prepare to be disappointed.

  • Best Lotion For Jerking Off That Won't Damage Your Skin In 2022

    Best Lotion For Jerking Off That Won't Damage Your Skin In 2022

    Many people nowadays are looking for the best lotion for jerking off that will enhance their self-pleasure moments while not harming their skin.

  • Gerard Butler Net Worth - The Real Leonidas Of Sparta

    Gerard Butler Net Worth - The Real Leonidas Of Sparta

    The Scottish actor Gerard Butler net worth is $40 million. Gerard originally majored in law, but he gradually drifted toward acting and grew to be one of Hollywood's most known faces.

  • Keanu Reeves - $380 Mill Net Worth, Career, Earnings And Lifestyle In 2022

    Keanu Reeves - $380 Mill Net Worth, Career, Earnings And Lifestyle In 2022

    A musician, actor, producer, and philanthropist, Keanu Reeves net worth is $380 million. He has acted in scores of movies throughout the years, some of which have grossed billions of dollars at the box office. He is likely best known for the John Wick and The Matrix movie series.

  • MoviezAddiction.Website – Feeding People’s Craving For Films, TV Shows

    MoviezAddiction.Website – Feeding People’s Craving For Films, TV Shows

    Addicted to movies and TV shows? Not wanting to make you become more obsessed, but have you heard about MoviezAddiction.website, a source of thousands of films and shows you can download?

  • Can You Trust Rhino Air Hockey?

    Can You Trust Rhino Air Hockey?

    Work and family take up so much of our time these days that it's surprising how little time we have left for our enjoyment and fun. But just because we're adults doesn't mean we have to make our whole lives about work. You need to play Rhino Air Hockey Table to add joy to your life, relieve stress, and connect with other people and the world around you.

  • How Much Is A Mail Order Bride? Mail Order Bride Cost Estimated

    How Much Is A Mail Order Bride? Mail Order Bride Cost Estimated

    Interested in mail order bride pricing? Our estimations of mail order bride cost will help you on your quest for a foreign soulmate. Read this to learn more!

  • Head Of AmCham Guatemala Juan Pablo Carrasco De Groote: The “Art Of The Deal” (Guatemala-style)

    Head Of AmCham Guatemala Juan Pablo Carrasco De Groote: The “Art Of The Deal” (Guatemala-style)

    For over 10 years, the head of AmCham Guatemala has been Juan Pablo Carrasco de Groote – the unchanging face of the chamber of commerce.