June 2022
What will the Metaverse and NFTs be like in 2025?
At this stage of the Metaverse, what we can see is the start of onboarding more people.
I would say we have passed the stage of innovators. They are the first few people with the vision of the future.
Right now what we are seeing is the stage of early adopters coming in.
Have a look at this graphic to get a better understanding.
I'd say I am part of the early adopters and I can't wait to help onboard others into the Metaverse.
Anyway, let's get to the point of this post.
The Metaverse in 2025 (about 3 years from today) will most likely be at the early stage of the Early Majority part of the adoption curve.
In 2025, NFTs would be used by quite a lot more people. Let's imagine a few use cases that will be quite important and pervasive in the modern society.
Membership
A loyalty card with a restaurant or a branded clothing shop (think NIKE, GUCCI, Pizza Hut etc) will go digital. This loyalty card, or we can say a membership card will be a digital one. This is an NFT that is stored in a digital wallet that you have control over. This card can be transferred to any other wallet by means of a direct transfer without any monetary exchange. Or if you so wish, you can trade it. You can sell this NFT because it has value in the open market.
Lower cost of education
Institutions of higher learning can sell their entrance fee to their courses as an NFT. And when the student has graduated, he or she can sell this NFT to anyone who wishes to take up any course in that institution. This will make education a lot more affordable.
Royalties earned for the creator of the NFT
Any time that the NFTs are traded, a percentage of that monetary transaction can go to the creator of the NFT. The school that sells the entrance ticket to their courses as an NFT can receive a portion of that resale value in the market place. Every single time it is transacted.
Augmented Reality
in 2025, I assume that Augment Reality devices would be at the start of the adoption stage. This will be very interesting because through AR, we will experience a little bit of the Metaverse. It will not be like a Virtual Reality experience. But it will be quite immersive.
Imagine wearing a simple white shirt manufactured from a company that also has a presence in the Metaverse. They make in-real-life physical items that has their digital counterparts that look more fancy, and possibly animated. In real life, that white shirt will look plain and simple. But when viewed using an AR device, that white shirt will look dramatically different.
For the tech savvy, this will be a major flex. But for those who are not, they wouldn't have a clue.
Interoperable NFTs in various metaverse platforms
I can foresee there will be many different platforms. And a company like NIKE possibly, can create a single NFT that can be used by all these different metaverse platforms. For example, you have the Nike NFT which you can use when you visit a real life store to purchase an item like a shoe at a discount. The same NFT can also track that purchase enabling you to use that shoe in the Metaverse platforms like the Sandbox Game or Decentraland, or perhaps Meta's own platform. You can see this digital shoe using your AR devices! You can use it when you go to a concert in the Metaverse. You can use it when you play in the Metaverse.
We are already entering a new age in this world. I would say the Ethereal era.
We can now truly own an asset that is digital in nature. An asset that lasts forever and has use cases that will always evolve as years go by.
Welcome to the Ethereal world.
I would say we have passed the stage of innovators. They are the first few people with the vision of the future.
Right now what we are seeing is the stage of early adopters coming in.
Have a look at this graphic to get a better understanding.
I'd say I am part of the early adopters and I can't wait to help onboard others into the Metaverse.
Anyway, let's get to the point of this post.
The Metaverse in 2025 (about 3 years from today) will most likely be at the early stage of the Early Majority part of the adoption curve.
In 2025, NFTs would be used by quite a lot more people. Let's imagine a few use cases that will be quite important and pervasive in the modern society.
Membership
A loyalty card with a restaurant or a branded clothing shop (think NIKE, GUCCI, Pizza Hut etc) will go digital. This loyalty card, or we can say a membership card will be a digital one. This is an NFT that is stored in a digital wallet that you have control over. This card can be transferred to any other wallet by means of a direct transfer without any monetary exchange. Or if you so wish, you can trade it. You can sell this NFT because it has value in the open market.
Lower cost of education
Institutions of higher learning can sell their entrance fee to their courses as an NFT. And when the student has graduated, he or she can sell this NFT to anyone who wishes to take up any course in that institution. This will make education a lot more affordable.
Royalties earned for the creator of the NFT
Any time that the NFTs are traded, a percentage of that monetary transaction can go to the creator of the NFT. The school that sells the entrance ticket to their courses as an NFT can receive a portion of that resale value in the market place. Every single time it is transacted.
Augmented Reality
in 2025, I assume that Augment Reality devices would be at the start of the adoption stage. This will be very interesting because through AR, we will experience a little bit of the Metaverse. It will not be like a Virtual Reality experience. But it will be quite immersive.
Imagine wearing a simple white shirt manufactured from a company that also has a presence in the Metaverse. They make in-real-life physical items that has their digital counterparts that look more fancy, and possibly animated. In real life, that white shirt will look plain and simple. But when viewed using an AR device, that white shirt will look dramatically different.
For the tech savvy, this will be a major flex. But for those who are not, they wouldn't have a clue.
Interoperable NFTs in various metaverse platforms
I can foresee there will be many different platforms. And a company like NIKE possibly, can create a single NFT that can be used by all these different metaverse platforms. For example, you have the Nike NFT which you can use when you visit a real life store to purchase an item like a shoe at a discount. The same NFT can also track that purchase enabling you to use that shoe in the Metaverse platforms like the Sandbox Game or Decentraland, or perhaps Meta's own platform. You can see this digital shoe using your AR devices! You can use it when you go to a concert in the Metaverse. You can use it when you play in the Metaverse.
We are already entering a new age in this world. I would say the Ethereal era.
We can now truly own an asset that is digital in nature. An asset that lasts forever and has use cases that will always evolve as years go by.
Welcome to the Ethereal world.
Big companies getting serious on the Metaverse
I just read this article that headlined KPMG entering the metaverse.
Seriously. What? An accounting firm is dipping their toes into this.
Check their own articles on their website. They are definitely on to something here. They are not playing around. They can see it.
https://home.kpmg/xx/en/home/insights/2022/04/the-future-of-the-metaverse.html
Also, Meta (previously Facebook) is showing off their iterations of Meta's VR headset and they look promising.
Slowly, but surely these headsets are getting thinner, lighter and untethered. Very close to our regular glasses.
What will a full blown metaverse experience be like?
What will it look like?
The same question was asked about the internet. Back in 1995. At the time, people were so sceptical of it.
Check this article out.
And here we are in 2022. At the precipice of the next evolution of the Internet. The so called Metaverse.
Mind Blown.
In the next post, I will share my thoughts on how the majority of people are going to get on this Metaverse. Whether they want to, or not.
It is inevitable.
Seriously. What? An accounting firm is dipping their toes into this.
Check their own articles on their website. They are definitely on to something here. They are not playing around. They can see it.
https://home.kpmg/xx/en/home/insights/2022/04/the-future-of-the-metaverse.html
Also, Meta (previously Facebook) is showing off their iterations of Meta's VR headset and they look promising.
Slowly, but surely these headsets are getting thinner, lighter and untethered. Very close to our regular glasses.
What will a full blown metaverse experience be like?
What will it look like?
The same question was asked about the internet. Back in 1995. At the time, people were so sceptical of it.
Check this article out.
And here we are in 2022. At the precipice of the next evolution of the Internet. The so called Metaverse.
Mind Blown.
In the next post, I will share my thoughts on how the majority of people are going to get on this Metaverse. Whether they want to, or not.
It is inevitable.
Building for the Metaverse
I am knee-deep in this space.
I can't stop building in the Sandbox Game metaverse. Every single day I've been putting in the work into making 3D voxel assets.
I feel every passing day my skills just keeps going up.
I keep building and creating.
Right now, I've just released my first full experience inside the Sandbox Game. It's the first version, and I will keep on iterating and adding more to it.
Here's a trailer:
3D artwork, assets, models, sculptures, buildings etc. There is so much to do.
I am so excited to create stuffs that other people would love to have and use.
Once I have a good sized amount of voxel assets ready for the sandbox Game, I will be looking into creating assets for other platforms like Decentraland.
I'm not sure on the future of Decentraland, but for sure the Sandbox Game is going places. Their team and CEO is super hardworking. Really amazing.
I'm not the OG in this space, but I truly feel I'm right at the start of something so much bigger that will happen in the coming years.
The sentiment in the crypto space right now is very bearish. Funnily enough I don't pay that much attention to it.
Life itself is volatile. So all we can do is just ride the wave. In the meantime I keep building.
I can't stop building in the Sandbox Game metaverse. Every single day I've been putting in the work into making 3D voxel assets.
I feel every passing day my skills just keeps going up.
I keep building and creating.
Right now, I've just released my first full experience inside the Sandbox Game. It's the first version, and I will keep on iterating and adding more to it.
Here's a trailer:
3D artwork, assets, models, sculptures, buildings etc. There is so much to do.
I am so excited to create stuffs that other people would love to have and use.
Once I have a good sized amount of voxel assets ready for the sandbox Game, I will be looking into creating assets for other platforms like Decentraland.
I'm not sure on the future of Decentraland, but for sure the Sandbox Game is going places. Their team and CEO is super hardworking. Really amazing.
I'm not the OG in this space, but I truly feel I'm right at the start of something so much bigger that will happen in the coming years.
The sentiment in the crypto space right now is very bearish. Funnily enough I don't pay that much attention to it.
Life itself is volatile. So all we can do is just ride the wave. In the meantime I keep building.
NFT
Collectibles
special event
auction
fantasy
animated
collector
idea
metaverse
3D
voxels
statue
sandbox
roadmap
plans
NFTcollectors
Community
Crypto
web3
life
work
vector art
tutorial
youtube
drawing
events
game dev
property
voxedit
artificial intelligence
midjourney
Collectibles
special event
auction
fantasy
animated
collector
idea
metaverse
3D
voxels
statue
sandbox
roadmap
plans
NFTcollectors
Community
Crypto
web3
life
work
vector art
tutorial
youtube
drawing
events
game dev
property
voxedit
artificial intelligence
midjourney
January 2024
February 2023
January 2023
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
July 2021
June 2021
May 2021
December 2023
November 2023October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023February 2023
January 2023
December 2022
November 2022
October 2022September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021September 2021
August 2021July 2021
June 2021
May 2021