Metaverse online 3-D virtual environments

What is The Metaverse how people are making their own digital virtual world. We interrupt this program to bring you a special report in 1991 the first ever website went live and it looked like this not much going on here just a page with some text on it a couple of years later a video went live on another website alright so here we are one of the elephants fast forward a couple of years you have youtubers with a wider reach than entire news outlet giants throughout history technology made jumps that created entire new industries and economies another jump is happening as you watch this video it's called the metaverse and it'll change how everything works welcome to alux will meta make everything better ever since mark zuckerberg made the announcement every news outlet started to paint out this dystopian future where all of us are doomed to be mindless robots in a cog a ready player one meets the matrix where the zuck controls everything it's the easy narrative to go with and the one that gets the most clicks this video isn't about big companies trying to build the matrix it's about you understanding what's happening and how you can profit from it and the best way to understand this is to look at something of a smaller scale the multiverse have you watched the new ariana grande concert no not that one this one they really did a full production concert inside the game imagine telling someone a couple of years ago that in 2021 ariana grande will tour in fortnite it did however manage to create a unique experience with a completely new level of interaction something similar happened with travis scott last year what this type of experience does really well is connecting something from the real world with something from the virtual world something very interesting is happening right now across all industries at the same time bmw announced their new car in rocket league you have streaming companies like netflix making video games you have video game companies like riot making netflix shows the result is a disruption of how we interact with both worlds and what's really possible so what exactly is the metaverse saying what the metaverse is now is like saying what the internet was in the 90s you can now glimpse the future with nothing more than a modem a phone line and a few dollars a month there was no concept of social media content creators sharing platforms trading platforms platforms that make other platforms and the list goes on so technically the metaverse is whatever we build on it it sits at the crossroads of web 3.0 blockchain and virtual reality it's the combination of these three elements that make it possible we need to take a look at the three parts individually starting with web 3.0 which is the next version of the internet yes there are more versions of the internet web 1.0 looked like that website we showed you at the beginning it's just a page with a bunch of text and some hyperlinks to more pages with more text there is no interaction no user generated content pretty much nothing but text on a screen web 2.0 is what we currently have now it's largely community-based most of it is user-generated content is highly interactive and you can do a bunch of stuff on it one really important thing to mention here there's only one thing you can buy and own on the internet a single thing it's a domain name just like we own alux.com nobody in the world can make another website with the same domain name everything else is owned by corporations take this video for example sure we made it but if youtube wants to they could just poof and it's gone which leads us to web 3.0 the most important thing you can do on web 3.0 is own parts of the internet everything that you make buy or sell on the internet is yours and you have the full rights this happens because of blockchain and more specifically because of nfts there are the foundation blocks of value in the metaverse you probably have an idea of what they are but most disregard them as useless pixels on a screen for which some idiots are paying millions of dollars but alex what's stopping me from doing a right-click save of an nft to my desktop how is that valuable great question for you to better understand how nfts work let's talk about money or the story of money or how money came to be what makes you think this piece of paper is worth 100 who told you that why would someone trade goods for your piece of paper well it's because over the years we agreed that a dollar is worth a dollar and we trust that it always does it's a social construct it's not even real but it makes it easy to exchange stuff so we all agree to use it so the value of an nft is how much those who embrace it decide that it's worth and it provides ownership because it can be tracked in the blockchain it cannot be copied what you're failing to see is what nfts can become in the future the same way websites transform over time compare the first page with let's say google maps they're both website pages accessed from a specific link yet the difference between them is astronomical there's this great tweet that says something like people say nfts are a scam but they post their original creations on instagram in exchange for a digital heart so you have this way of truly owning something and using it in the context of web 3.0 now what would be a great way to interact with this virtual reality well yeah a virtual reality this seems to be the only thing people talk about even though it's just part of the metaverse until holograms become a thing this is the coolest thing we have right now it's the natural technological progression so when someone says facebook is building the metaverse it's fundamentally wrong because they don't own the internet or the blockchain or virtual reality it's like saying apple built telecommunications when they launch the iphone and it doesn't really matter what they or google or any other company are doing once blockchain becomes mainstream the internet is owned by individuals and this is what most people can't wrap their heads around so here's an example imagine you're an artist you make one song and sell it for one dollar as an nft in your smart contract you add that every time your song gets sold you make 80 with 20 going to the seller let's say we buy your song for one dollar and we sell it to someone else for one dollar in this case you the artist make one dollar from the initial sale and 80 cents from the second sale while we also make 20 cents and this can go on and on every time your song is sold you get 80 percent of it automatically in your digital wallet no spotify involved no apple music involved no label involved not only do you make a whole lot more money your community also makes money from your work and this is how individual ownership is happening everything in the metaverse works with this formula that's what the metaverse really is the rise of individual ownership so how can you profit from it you need to become a native to this new land in order for you to see new opportunities you need to understand how they're created and you do that by getting educated if you have no idea how this new thing works and you quickly dismiss it as a dystopian nightmare you'll be left behind when reality both natural and virtual hits you the good news is we're in the super early days people are just starting to get educated in this space there's a lot of room for growth and a whole new pie to eat from we hope you find this video valuable and as a thank you for watching until the end we have a bonus for you here are some pretty cool things happening in this space right now you can buy digital land in video games for the uneducated this means wasting money on pixels for the educated it's the first step in owning parts of video games imagine being a digital real estate investor in the next 10 years nike just patented digital goods and they'll sell virtual air jordans at some point in the future imagine being a digital reseller Search Words : Metaverse,Metaverse explained,meta verse,Mark Zuckerberg,facebook metaverse,future of the Internet,metaverse video,virtual world,virtual reality,metaverse 2021,metaverse technology,metaverse news,what is metaverse,technology,latest, metaverse updates,2021,rumble,rumble videos,usa,canada