The metaverse became an internet buzzword since tech giant Facebook rebranded to Meta in late 2021. So, what is the metaverse?
The metaverse is a virtual reality space where users can interact with a computer-generated environment and other users in real-time. It’s more immersive and interconnected than the internet today and offers endless possibilities for entertainment, socializing and even work.
Users can create, interact and transact with each other using advanced technologies such as Virtual Reality (VR,), Augmented Reality (AR,) blockchain and artificial intelligence.
In this guide, we’ll explore the different metaverse platforms available, the technology required to join, the risks associated with the metaverse and how to protect yourself within this virtual realm.
Characteristics of the Metaverse
The metaverse concept is relatively new and constantly evolving. According to current discussions, the metaverse has the following defining characteristics.
Immersion
Advanced technologies like VR and AR create an engaging and interactive environment where users feel present and connected.
Persistence
The metaverse is a continuous, ever-changing space that exists independently of individual users or devices.
Interoperability
Seamless connections between virtual worlds and applications enable users to interact and move their avatars and assets between platforms.
User-Generated Content (UGC)
Users contribute to the metaverse by creating and customizing digital content, fostering a dynamic and diverse ecosystem.
Social Interaction
Real-time communication and collaboration allow users to connect, socialize and engage in various activities with others.
Economy
A decentralized virtual economy emerges within the metaverse, driven by cryptocurrency and secure blockchain transactions.
Decentralization
The metaverse is not owned by any single entity; instead, it is collectively shaped and controlled by its users, granting greater autonomy and ownership over digital identities and assets.
Choosing a Metaverse Platform
VR environments are already available to a wide audience. While they’re not yet combined into one metaverse, users can get a glimpse of what’s to come. Below are some of the most popular metaverse platforms that already exist.
Roblox
Originally a gaming platform, Roblox is a massive multiplayer online (MMO) game that allows users to create their own virtual economies and games within the game and interact with others.
Decentraland
The Decentraland metaverse is a virtual world built on blockchain technology and runs on Ethereum cryptocurrency. Decentraland allows users to own, build and monetize virtual real estate and land.
Fortnite Creative
Fortnite is a battle royale game that has become a cultural phenomenon. The Creative mode offers a metaverse-like experience where players can turn their visions into reality. Fortnite regularly hosts virtual concerts and events with top artists.
Minecraft
A famous and highly adaptable game that allows players to build and explore a 3D digital world made up of blocks. You can build a shed in your garden or a medieval castle while interacting with others.
Pokémon Go
A game that combines online gaming with AR, creating immersive experiences and a sense of virtual presence. While not technically a metaverse, Pokémon Go utilizes AR technology to enhance immersion.
Second Life
Second Life is considered the pioneer platform of the metaverse. It allows users to express themselves with VR through avatars and immersive environments.
Essential Tech for Joining the Metaverse
What you need to join the metaverse depends on the kind of experience you’re after. While the metaverse is still in its infancy, you can get a good feel for its potential. Here are some things you may need when connecting to the metaverse.
VR Headset
A VR headset is crucial for fully immersing yourself in the virtual space. It provides a more realistic experience and allows you to interact with virtual reality in 3D.
AR Glasses
AR glasses are similar to goggles and you can use them to enhance the virtual reality experience. The glasses present digital overlays to real-world objects.
Powerful Computer
You’ll need a computer, tablet or mobile device connected to the internet. For the complete experience, you should stick with a PC or a powerful laptop. A computer with a capable graphics card, processor and sufficient RAM will ensure smooth gameplay and interaction.
Internet Connection
You need a reliable and fast internet connection to experience the metaverse at its best. Extensive virtual worlds with many real-time participants may be bandwidth-intensive.
Digital Currency
As in the real world, some metaverse platforms use digital currency to purchase digital assets like non-fungible tokens (NFTs,) services or experiences.
The Metaverse and Online Casino Games
With the integration of the metaverse, online casinos are offering immersive and interactive experiences like never before. Players can step into virtual casinos with personalized avatars, explore realistic virtual environments and engage in live multiplayer casino games with fellow gamblers.
Additionally, the metaverse allows for innovative gameplay mechanics (as with online slots) and virtual economies, providing a new level of excitement and engagement. The fusion of the metaverse and online casino games opens up a whole new world of entertainment and opportunities for virtual gambling enthusiasts to play casino games.
Risks of Joining the Metaverse
As with any online platform, there are risks associated with sharing personal information and interacting with strangers.
Cybercrime
The metaverse can be a target for cybercriminals, so be mindful of the personal information you share, especially when participating in the metaverse involves your crypto wallet.
Addiction or Overuse
Spending excessive time in the metaverse can also lead to neglecting real-life responsibilities and relationships. Addiction and overuse are concerns with the metaverse, so set limits and prioritize a healthy balance between your virtual and physical life.
Cyberbullying
The metaverse also raises social concerns. There can be instances of harassment, cyberbullying or inappropriate behavior. Familiarize yourself with the platform’s reporting and blocking features to protect yourself.
Protecting Yourself in the Metaverse
Protecting yourself in the metaverse requires a combination of caution, awareness and following cybersecurity best practices. The following tips should help ensure you have a safe and secure metaverse experience.
Create Strong and Unique Passwords
Use different passwords for each platform and ensure they are complex, consisting of a combination of letters, numbers and symbols.
Enable Two-Factor Authentication (2FA)
Implement 2FA whenever possible to add an extra layer of security to your accounts and prevent unauthorized access.
Don’t Overshare
Avoid sharing personal, sensitive information within the metaverse, such as your real name, address, phone number or financial details.
Beware of Phishing Scams
Don’t click on any links in unsolicited emails and never download attachments from unauthorized sources.
Use a VPN
Cybersecurity tools like VPNs protect your internet connection and privacy online. It encrypts your incoming and outgoing data, making it harder for hackers to access.
Use Legitimate Software and Platforms
Make sure your metaverse has a good reputation and provides strong security measures. Also, keep your software up to date to avoid the most recent security threats.
Join BetMGM for a World of Entertainment
By joining the metaverse, you’re opening up a world of limitless entertainment, socializing, personal growth and work opportunities. Register with the right platform, utilize essential technology and stay mindful of the risks to enhance your experience as you embrace this vibrant digital realm.
