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Metaverse – basic principles

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Metaverse is a permanent virtual space in which people can interact with each other and with digital objects through their avatars using virtual reality technologies.

Interaction can take place using a variety of technology devices, both traditional PCs and virtual and augmented reality headsets.

7 basic principles of metaverse

  • Stability. No pause or restart – this is an immanent, endless world.
  • It must exist synchronously for everyone and in real time.
  • There is no limit to the number of users.
  • Metaverse must to have a fully functioning domestic economy. People can not only spend money in it, but also make money, start their own business, invest and sell.
  • Connecting real and virtual life. It is not so much a world separate from the real as it is an extension or addition.
  • Users must be provided with “unprecedented interoperability” of data. So if you bought clothes for your Fortnite avatar, you can use it in any other game or application.
  • Openness to all authors and content creators who can create their own “experiences” within the metaverse.

How to buy, sell and create NFT on OpenSea

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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