What is the Metaverse..?

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What is the Metaverse..?

Metaverse became a topic of discussion because Facebook changed its company name to meta and announced that it would invest 10 billion US dollars or the equivalent of 140 trillion rupiah this year to build Metaverse.

What is the Metaverse and how will it change the way we socialize, work and do business..? What are the pros and cons of the metaverse and how should companies respond to the metaverse?

One important thing is that the metaverse doesn't exist today, it just exists in the imagination of visionary entrepreneurs like Mark Zuckerberg and his friends. The metaverse, if it actually materializes, will have the potential to change the way we live, socialize, work and do business.

Including How capitalism works for metabolic companies opens up endless possibilities to make various profits in ways that were previously unimaginable for creative industry players, especially in the field of digital design and gaming, this is a land of hope that is wide open for you.

On this occasion we will discuss all of that, now let's first discuss what is the metaverse ..?

An originator and author of primary metals defines Metaverse as a vast network of three-dimensional virtual worlds that operate in real-time and persistently and support the continuity of the identity of payment history objects and rights, in which the world is experienced simultaneously by an unlimited number of users.

This definition of the metaverse from Facebook is easier to understand, the metaverse is a set of virtual money that we can go around and explore with other people who are not in the same physical space as you.

Have you watched the Ready Player One movie made by Steven Spielberg, That's the metaverse, haven't watched it yet, do you know the popular Fortnite game Roblox? It must be known that today's children do not stop playing these online games. Metaverse is like Roblox Where you play a factor that you create to live and interact with other Avatars in a virtual world, but the difference is that instead of you looking at the screen of your gadget, metabolism is played using a VR device that makes you really feel like you're there. in the virtual world.

Another difference with Roblox is that if the appearance and design of the Roblox world is very simple, they will be able to present a three-dimensional sound that resembles the real world, it could even be better, I give a more concrete parable. Imagine if suddenly a new planet was discovered. not far from earth, the beauty that we can find on that planet can only be limited by our imagination and all humans, whoever they can live on that planet, then big companies like Facebook are competing to control as much land in the world that newly discovered and in
on. Besides that they built a dream city where anyone can be whatever he wants, can do things they can't do on earth, partner with many development companies, they build more public facilities, there is a mall there are offices where school recreation and then sell plots of land, houses, apartments and also office space.

They present the latest technology and the concept of a world that is so stunning, all in order to lure as many people as possible to want to live in the dream city they created. Metal Birds is more or less like that, only the difference is that the planets and cities are virtual in a virtual world that we can access via devices, although it is appropriate that the experiences you experience in the virtual world are Real Time and permanently the same as our lives today.

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Everything we usually do in the real world we can do there, even more, including doing business and a career to make money. In the metaverse you can buy land, houses, clothes, cars or digital art and get a legal certificate of ownership of those digital assets, those assets will always be there and will always see you as long as you don't sell them to others. If you have a lot of goods, which other people are interested in buying, then the price of your goods may be high in value in the market.

Why is Facebook so passionate about building it ..? Partly because the metaverse is such a cool idea partly because the metaverse is jostled into a new, limitless field for making as much money as possible.

A 27-year-old PSD from Colombia University left his job at Golden Legal to pursue his fortune playing a video game called Infinity Action, a blockchain-based online game that uses Crypto money as a medium of exchange. to play virus-free you have to buy three monsters called exist for 500 dollars then this existence will be contested u with other players' existing with battle capital.

In the Pokemon game, the winner will get smooth love potions which can be used to breed existence. The more often you win, the more
many exist that have been successfully born, this new existence can be used by the preview to be competed again so that it can get more or it can also be sold to other players for approximately 150 US dollars.

Practically this is the location of the economy with a 500 dollar model on WiFi, many breeds exist and are sold with doubled profits, people like purefoy are certainly smart. They wanted to make as much money as possible, while knowing the rules themselves so they started hiring other players who didn't have the capital to play on their behalf. In addition, they also provide capital to other players in exchange for profit sharing for each victory they get so that the amount of wealth that can be collected by Empire voice is unlimited.

This is the metaverse economy in an infinite world, wealth becomes unlimited in metabolism. You can buy or rent land to build anything on it and earn money from it, you can create a virtual museum and collect fees from every visitor who comes or you can also build a Mall and collect commissions from every sale that occurs inside your virtual Mall, even you You can put billboards on the walls of your building and rent them out to brands that want to advertise.

The question is does anyone really want ..? the answer is really there and it has happened now and try to imagine when billions of people have filled the metaverse, just like Facebook which now also contains almost 3 billion people, the price of land that you own in the metaverse will definitely soar and the billboards that you install on the walls of your virtual mall it will become a bone of contention for big brands.

You can also sell virtual house design services on the metaverse, then collaborate with a programmer to build the house for your client or you want to be Elon Musk you can build a car factory in a metaphorical way and then sell those digital cars to residents in the world. there. For example, if you are a car manufacturer in the real world, you can make a digital version of your car and then sell it.

The NFC technology embedded in every digital asset is metabolized ensuring that the asset is unique, yours has value and can be traded, who will benefit the most in the metaverse of the answer. Obviously, the landlords and entrepreneurs who came in early, like those who bought Bitcoin 10 years ago are now rich and when the metaverse is getting more and more mecure and new players are getting more and more quotas, then there will be economic inequality hundreds of thousands of people will try to open businesses. there and landlords will charge lapak rental prices that can be unreasonable, millions of job seekers hope to become employees in companies and while job vacancies are limited in dimensions far beyond supply, job seekers are forced to accept offers with low salaries, partners are forced to Sincerely accept the results that are not much, the rich get richer the poor just accept it.

Who benefits the most from all of that of course, yes he who built the world that made all that possible, as the phrase is often said in a Casino the house always with capitalism, has worked perfectly in a community managed by a just leader then The rules of the game will be made to build the common good that can improve the welfare of all its members.

Unfortunately Facebook, like other bosses, is an engine of capitalism with only one goal of making maximum profit for the shareholders, so other rules will always side with the landlords not the citizens, of course, yes they are smart to play the rules are made and presented in such a way that it looks like they are siding with the citizens. , business players are getting here the better they are at doing it, they are good at playing with our egos to provoke the desire to offer pleasure that is difficult for us to get in the real world.

Unknowingly we hand over our money once but many times we even leave our wallets to them, inviting them to take the contents regularly so that they continue to quench their thirst, hip-hop okay maybe I'm exaggerating this is describing the bondage of capitalism that can happen in the metaverse to be balanced.

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Let's look at the Metaverse from a different perspective. For some people, the metaverse is a YouTube libertarian that allows everyone to act and carry out economic activities without any intervention and manipulation from the government. They saw the return metal Birds There is a high possibility that it will run on Blockchain technology and cryptocurrencies will be able to present a free market or free market that actually everything returns to a pure market mechanism, that they believe will provide true justice for all economic actors.

The former British Prime Minister once said I believe that open markets and free enterprise are the best forces imaginable to enhance human well-being and happiness, they are the engines of progress generating business and innovation that lift people out of poverty and give people opportunities when markets work well. open and free enterprise can actually promote morality.

In the metaverse dance number will encourage free trade where fair competition will be created, everyone is treated equally and only high quality products can win there, anyone including small companies can become landlords, in this new world too they enter early and positioned itself well as before when entrepreneurs from developed countries sailed to explore the oceans to find their new continents, then controlled the lands there. They also become rich, even though in their original country they could be nothing, so companies with big visions like Facebook will definitely try to enter first in order to control the largest land and become rulers in the new world, that's what That's what made Facebook brave enough to invest heavily into building this metaverse, because that's where the future lies.

From multiverse capitalism, it takes a long time before it actually becomes a reality, but not a few companies have started stealing their start so that later they can gain profits in the new world.



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