⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

Familiarity in Metaverse – Why Having Digital Memories Matters

Published 08/23/2022, 04:18 AM
Updated 08/23/2022, 05:02 AM
© Reuters.  Familiarity in Metaverse – Why Having Digital Memories Matters
META
-
TWTR
-

Have you ever held on to sequences of old photos on your phone even though they are the same? From physical photos and letters to digital files and folders, people all around the world treasure their most precious moments, only the way they access it has been changing. Digitalization is not only affecting how people operate, learn, and communicate. It also has a substantial impact on the way individuals perceive and store their memories.

DecentWorld, a Swiss-owned metaverse, has taken the digitalization of memories a step further. By creating a metaverse based on the interpretation of the real world, the DecentWorld team is betting on the familiarity as a luring tool to access, enrich, and liven up one’s memories.

On a Quest to Re-Design Reality Instead of investing their resources in fantasy and Sci-Fi ideas, as is common for most metaverse companies, DecentWorld has decided to choose a different approach. The team has focused on creating a simulation of the real world that is easily recognizable to its users.

“When thinking about the product, we were very conscious of the fact that the metaverse world can become bewildering for its first users. The terms like blockchain, virtual reality, and NFTs, might in and of themselves be quite obscure. When it’s topped up with a fantasy layer it can seem alien to the users.

This is why we decided to focus on the real world. With our 3D interpretation of Downtown Dubai, we are inviting our users to explore our metaverse in an intimate and realistic way,” the team shares.

Without a doubt, the recently launched 3D Downtown Dubai brings something unusual to the table. Both for those who have already been to Dubai and for the first-time city explorers, it poses a new, fresh way of looking at the metropolis from an authentic and personal perspective. Most importantly, though, it allows users to visit the city from their homes without the need for traveling.

Advertising Made Easy Experts predict that the global metaverse market has the potential to reach $750 billion by 2030, which points to a rapid increase in demand for 3D experiences.

Besides the ability to purchase Streets and – soon – 3D Buildings, the team is also opening up the possibility for businesses to co-exist in the metaverse by placing their advertisements on billboards available on Dubai’s most famous properties on DecentWorld.

“Our goal is to make our metaverse a place that is rich with entertainment, a place for co-creation and community building activities. We believe that by opening our APIs to business, the experience will become only more exciting. The ideas and possibilities are limitless, which is what is so appealing about the metaverse as a concept,” Audrius, one of the DecentWorld product owners, shares.

Advertising on metaverse is still a very fresh concept, barely explored even by the market’s biggest players. Audiences have seen some major collabs between world famous brands and metaverse platforms such as Roblox. But there is almost no supply for classic in-metaverse advertising options such as billboards, signage, or posters.

“Being at the frontier of technological innovations, we are extremely excited about what the future will bring us. It is no doubt that the metaverse will soon become the center of attention, and we believe that those who invest their resources early do get a head start,” the team shares.

DecentWorld 3D metaverse already has Billboard advertising placements available, with more exciting advertising spaces coming soon.

About DecentWorld DecentWorld is a Swiss metaverse digital real estate platform built on blockchain technology to introduce a next-generation Web3 experience. The platform allows members to purchase and trade digital Street NFTs, which can then be combined into Collections. Completed and staked Collections have additional value, as they generate yield that is paid out to the owner. Using state-of-the-art security features, DecentWorld also stands for trust and transparency in the blockchain industry.

To fully explore our metaverse, please visit www.decentworld.com.

Follow our latest updates on Twitter (NYSE:TWTR), Telegram, Instagram, LinkedIn and Facebook (NASDAQ:META).

For further inquiries & talent outreach, please message hello@decentworld.com.

Continue reading on DailyCoin

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.