Metaverse: The Future Of Digital Worlds

Harry Chen May 17, 2022
Metaverse Event
The metaverse is a distributed alternate reality platform unlike any you've seen before. Its potential for events and entertainment is enormous. 

1. What is the Metaverse?

The metaverse is a digital space that uses new technologies like virtual and augmented reality to take users beyond the screen. It aims to provide an immersive experience that can be used to explore other virtual worlds.

2. How Does Metaverse Work?

The metaverse is a network of three-dimensional virtual worlds where people can interact, do business, and forge social connections through their virtual "avatars."

3. What are Metaverse's Applications?

Healthcare

Due to its accuracy and speed, AR has become an important tool in medical procedures. This technology can help improve precision and speed, which can make treatments more effective. 

Metaverse technology can make it easier to monitor patient data such as body temperature, respiration rate, heart rate, and blood pressure.  Visual-based technology such as CT scans and X-rays are effective ways of identifying veins in a patient, as they can see them better than other methods.

Real Estate

Metaverse real estate is parcels of land in virtual worlds that can be used for a variety of purposes. They are not just pixels, but spaces that can be programmed to provide users with a range of benefits and experiences such as socializing, online gaming and NFT events.

Education

Creating engaging and immersive learning environments for students in different learning institutions. Supporting the easy and frequent detection of errors alongside offering real-time editing capabilities.

The barrier to learning can be removed by using technology in metaverse platforms for education, which would allow students to learn and understand any language.

Events

A metaverse is a digital platform that allows for the creation and sharing of virtual experiences with anyone, anywhere in the world. This technology can be used to boost employee engagement and company culture by removing the remoteness of home-based work.

EventX purchased the virtual land of the blockchain sandbox game "The Sandbox", and launched a metaverse event technical support plan to help event organizers grasp the general trend of Web3 and the metaverse. Sum Wong, CEO of EventX, said: "As the hybrid work model becomes mainstream, we believe that the virtual or hybrid event market will become the new normal after the epidemic, and the public needs a more high-end, immersive experience. EventX will be committed to enterprise and brands to provide one-stop metaverse solutions to help them create an innovative and effective economic activity that brings performance to more companies to develop digital markets and create metaverse business opportunities.”

 

 

4. Who's Behind Metaverse?

Meta is a company that is developing a metaverse for users and players to be in the vast network of real-time 3D virtual worlds. They have announced that they are working on building the world's most powerful computer to power the Metaverse.

NVIDIA is providing free copies of their Omniverse software to help developers create Metaverse-ready assets. The Metaverse company has a series of partnerships related to the sharing of Metaverse-related content, and will also provide help for users creating personalized avatars.

Epic Games and LEGO Group announced that they have raised $2 billion to further build out their future metaverse platforms. This funding will be used to create new experiences and applications for users of these platforms, as well as expand the reach of the existing ones. The companies said that this investment will help them "continue building a more seamless experience across devices and bring gaming to even more people around the world."

EventX is Your trusted Virtual Event Platform for successful online event

If you're still looking for a suitable software for your online events, exhibits, conferences, or webinars, do check out EventX, and feel free to contact us if you need any clarification!

Frequently Asked Questions about the metaverse 

Q: How can an event be held in the metaverse?

A: Users of the metaverse can create and interact with their avatars, while organizers can add AI chatbots to provide helpful assistance or enriching experiences. This creates a more open and social environment where attendees can connect with others in a fun and engaging way.

Q: What are the benefits of holding events in the metaverse?

A: Event platforms can allow for large numbers of visitors to attend events. This means that no one has to wait in line or push, as they can be right in the front row of the action.

Q: Will metaverse events be a trend in the future?

A: EventX surveyed 1,500 event organizers and experts across large enterprises and SMBs in Asia about their views on event settings. Out of the respondents, 70% said they planned to host hybrid or virtual events in the coming year. The three most important elements needed for an online experience according to these professionals were "a digital footprint for analysis", "enabling digital transformation", and "provision of flexibility and variability".

Interested in our solution?

Are you looking for a great one stop hybrid event solution for your virtual, physical or hybrid career fairs?
You may want to have a chat with our event consultant.

 

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