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Metaverse

About Metaverse

Metaverse is a simulated 3D digital environment described by digital representations of people, places and things. It is animal gamation of numerous components of ground breaking technology such as augmented reality (AR), virtual reality (VR) and video where people gather to socialise, play and work within a digital world.

Simply put, metaverse is a digital universe wherein real people represent themselves using 3D avatars as their digital twin. Believers of the Metaverse envisage that its users can learn, work, shop, play, do interactions with friends and colleagues just like real world. In metaverse, users via digital avatars can go to their workplaces,  virtual trips, entertainment venues, retail stores and interact with each other in real time.

By just putting on a set of VR goggles and choosing a persona of your interest will get you into this immersive and imaginary digital world. The big technology companies like Facebook, Microsoft etc. see the metaverse as the future of the Internet, web 3.0. It can be termed as a next-gen internet.

Even though it may appear unbelievable and incredible to many people just like sci-fi movies, in the metaverse,  it will be feasible to perform several activities in virtual tourism, real time Web communication, retail shopping, remote working  and P2E gaming  etc.

Users will start to buy and build "assets" whichcan exist in the Metaverse and have real economic value. Digital currencies will be required to pay for utility services in the Metaverse and can be earned by users as well.

Metaverse normally have their own monetary value based digital currencies using which users can buy, sell and trade several digital products and services.

The digital space and environment has immense economic possibility and it is expected to reach $ 800 billion by the year 2025 , and by 2030 this  figure is expected to multiply to 2.5 trillion.

FameVerse ( a part of FameNet ecosystem )  is a pioneer, highly innovative as well as unique blockchain based  play to earn (P2E) Metaverse gaming platform designed to discover, build, own, play and monetise through the virtual world powered by the convergence of cutting-edge technologies like AI, virtual reality (VR) and augmented reality (AR).

Being a vibrant and distributed company, we are bringing cutting-edge revolutionary breakthroughs in the gaming industry which has become considerably bigger than the movie and music industries combining together by introducing all new technological advancement.

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