Is the Metaverse a digital economy?

⑴ What is Metaverse, and which Internet companies have launched Metaverse related businesses

What is Metaverse?

“Metaverse” first appeared in a science fiction novel “Avalanche” in 1992, derived from the word “Metaverse”, people can have their own virtual doubles in “Metaverse”, this virtual world It’s called the “metaverse”.

(2) Why did the concept of “metaverse” suddenly explode this year

1. Origination

“metaverse” The concept of “universe” originated from the science fiction novel “Snow Crash” published by American author Neal Stephenson in 1992. The novel builds a shared virtual world where real people can live and socialize, and parallel the real world. The concept of the Metaverse has become popular again, due to Facebook’s name change. Facebook changed its name to Meta, announcing that it was focusing on pivoting to emerging computing platforms, primarily virtual reality.

The boundary between games and reality is becoming blurred. The metaverse is not just a game, it is a new path for human society to expand into the digital space. It is even a new era of historic significance like the age of navigation, the age of the industrial revolution, and the age of spaceflight.

⑶ What is the concept of metaverse

The so-called “metaverse”, called Metaverse in English, is a collection of virtual time and space, composed of a series of augmented reality (AR) ), virtual reality (VR) and the Internet (Internet). The metaverse is not a real world, but a virtual world, and the metaverse is a virtual world of the future (which doesn’t exist yet).
The Metaverse is a concept that was proposed 29 years ago, but after absorbing the increasingly mature technological achievements of AI, game engine, AR/VR, blockchain and other technologies in recent years, it has also become popular in the A-share market. Gaining more and more attention (metaverse concept stocks). Whether it is now or in the future, the metaverse market has great development space and market prospects. But at present, the “Metaverse” is still in the stage of conceptual speculation, we need to distinguish carefully, and blind speculation is not recommended.
The definition given by Roblox includes eight elements: identity, friends, immersion, low latency, diversity, anytime, anywhere, economic system and civilization. There are many elements, and behind each element, there is a series of explanations. In short, one sentence is not clear, which just shows the ambiguity of this concept. Through the “archaeology” of the conception and concept of the metaverse, the metaverse can be cross-defined from the four aspects of space-time, authenticity, independence, and connectivity. From the perspective of space-time, the metaverse is a digital world that is virtual in the spatial dimension and real in the time dimension; from the perspective of authenticity, there are both digital replicas of the real world and creations of the virtual world in the metaverse; from independent From the perspective of nature, the Metaverse is a parallel space that is closely connected with the external real world and is highly independent; from the perspective of connectivity, the Metaverse is a sustainable and wide coverage that includes the network, hardware terminals and users. virtual reality system. To be precise, the metaverse is not a new concept, it is more like the rebirth of a classic concept, a concept materialization under new technologies such as extended reality (XR), blockchain, cloud computing, and digital twins.
On October 13th, the first Metaverse Association organization in China, the Metaverse Working Committee of China Private Technology Industrialists Association, was established in Beijing. According to Wu Gaobin, Secretary-General of the Metaverse Working Committee, the Metaverse Working Committee was initiated by nearly 70 institutions including “Financial Services for Industry, Education and Research”, and received more than a dozen awards including culture, wisdom, rural revitalization, intelligent manufacturing, VR, artificial intelligence, etc. Strong support from institutions and associations in the field. It is worth mentioning that on September 19, the Metaverse Working Committee, which is still in the preparatory period, carried out the online metaverse popularization work of “Metaverse First Lesson 50 Experts”; At the expo, Hangzhou, the first city acceleration base of China Metaverse, was officially launched, and working meetings were launched in Shenzhen and Hangzhou. It is reported that the Metaverse Committee is guided and managed by the Secretariat of the China Private Technology Entrepreneurs Association. and supervision.
Xinhua Finance, Beijing, November 1st (Reporter Han Jie) With the development of 5G, big data, AI and other technologies, the combination of virtual and reality seems to be an irresistible trend, and is considered to be a new trend in the next generation of Internet. The morphological metaverse has also been pushed to the vent. Industry experts said at the recent National Metaverse + Engineering Conference and the unveiling ceremony of the Metaverse Working Committee of the Chinese People’s Association that the popularization of the Metaverse in the future will promote the accelerated and in-depth integration of the real economy and the digital economy, and the value of various technologies will also be enhanced. It is gradually emerging in the real industry.

⑷ What is the economic logic behind the metaverse? Why is it the next outlet?

The economic logic behind the metaverse is:�Going through the Metaverse can improve the efficiency of people’s work and make people’s lives more diversified. For example, you can have meetings with other people directly in the metaverse. Then you can also invite your good friends to see the concert in the Metaverse. The metaverse has the potential to improve people’s work efficiency, which in turn promotes the speed of world development. But the famous author Liu Cixin, he opposed the metaverse. Because he believes that if people indulge in the virtual world, it will cause the development of the real world to slow down.

One. Metaverse logic

According to the description of Facebook boss Zuckerberg. He thinks that in this world, you can work in it. When you want to talk to other people about work, you can talk about work directly in the metaverse. And you can also invite your friends here to participate in a virtual concert. There will also be many virtual assets in it, and these assets are guaranteed value through blockchain technology. Some time ago, some celebrities spent millions to buy an avatar.

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⑸ What is the latest concept of “Metaverse”

Metaverse is to enter a virtual world with the help of real VR headsets or brain-computer interfaces and other devices In the real world, you can conduct social activities, competitions, life and other activities, and experience everything in the virtual world immersively.
In short, it is based on modern technological equipment to build a virtual world that is indistinguishable from the real world, in which we can live, socialize, work, etc. It can be said to be a virtual reality space parallel to the real world .

⑹ What is the Metaverse

The Metaverse is a collection of virtual time and space, consisting of a series of augmented reality (AR), virtual reality ( VR) and the Internet (Internet). Represents the concept of “Beyond the Universe”: a virtual space that runs parallel to the real world. Actually I don’t know what the Metaverse is, this is the easiest explanation to search on the web.

⑺ Is digital RMB developed by Metaverse?

Digital RMB is developed by Metaverse. This is a leading cloud communication service provider in China. The company connects with the central bank and major banks to create a digital RMB wallet based on 5G messages. As a digital currency implemented by the country, in the economic system of the metaverse, its function will not only be a payment method.

Characteristics of the Metaverse

The Metaverse is not a specific definition of a product, technology, or business form, but is all about the future that people have based on their actual technological capabilities. Reasonable imagination. The economic system in the metaverse is a very exciting exploration direction. Many people believe that it is an independent economic system with its own currency and an ecological closed loop of the entire commodity trading market. The construction of the currency system in the metaverse is related to the future development direction of the digital economy and the fundamental economic interests of the country.

⑻ What is the Metaverse Economy

The development of the Metaverse can be closely linked with games and social interaction, which makes many companies optimistic about the future of the Metaverse. The development of the metaverse will also bring about a new business model. During the game, many players spend in-game currency to buy skins, and then players can get more virtual items by completing tasks. If some items are rare items, they can Trading through the secondary market, then the benefits of this second-hand market are immeasurable.

The metaverse is a further interpretation of the experience economy. In the dimension of the metaverse, all objects may be virtual, only perception It is close to the truth. The premise of people spending money to buy is the experience, and the second is the actual product or service.

⑼ What is the concept of the metaverse

The metaverse is another parallel world where most people will live in the future, and this parallel world communicates with the real world. The future real world is responsible for meeting the basic daily needs of human beings, while the parallel world meets everyone’s spiritual needs. The Metaverse will be a collection of new technologies linked together by billions of lines of code, including virtual reality (VR), mixed reality (MR), augmented reality (AR), blockchain and cryptocurrencies. The three technologies of augmented reality, mixed reality and virtual reality are collectively referred to as extended reality (XR).

Industrial Development

From the perspective of enterprises, Metaverse is still in the initial stage of industry development. Whether it is the underlying technology or application scenarios, it will be more mature in the future. There is still a big gap compared with the form, but this also means that the metaverse-related industries have a huge space for expansion. Therefore, digital technology with multiple advantagesIf giants want to hold on to the market, start-ups in the field of digital technology must make arrangements in advance if they want to gain the opportunity to overtake in corners, or even add code yuan to the universe track.

⑽ LV Metaverse Mechanism and Economic Model

Abstract Metaverse enriches the transformation model of the digital economy and integrates digital financial achievements such as DeFi, IPFS, and NFT.


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