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1、Moving People in Web 3.0Web3/3.0 Also referred to as the“decentralized web”,Web3 is the engine that utilizes blockchain innovations.Web3 can exist without the metaverse but the metaverse could not exist without Web3.IntroductionOnce a niche concept beloved by tech enthusiasts,the metaverse careened
2、into the mainstream this year,peaking with Facebooks announcement in October 2021 that it is evolving into a social technology company.Tech giants are racing to establish a presence in global metaverse discussions and find ways to monetize this new virtual realm.Media coverage and industry analyses
3、are awash with metaverse-related content,all attempting to articulate a concept that is challenging to accurately describe with any confidence.The metaverse will exist within Web3,the next evolution of the Internet.The biggest distinction between the internet of today and the next evolution,Web3,is
4、decentralization.The decentralization within the metaverse would enable digital assets to be communally owned,free flowing,transparently traceable and protected from unauthorized access using advanced cryptography.This is why the metaverse is causing so much excitement.The decentralized nature of th
5、e metaverse is set to change peoples lives,because of the endless new opportunities it possesses for both individuals and brands.So many new opportunities in fact that the likes of Meta have set aside billions to develop it.And they arent alone.Tech investment has flooded into the space.So,what is t
6、he metaverse?The metaverse was first conceptualized in the 1992 science-fiction novel Snow Crash by Neal Stephenson as a virtual reality environment in which lifelike avatars met in realistic 3D buildings.Today,it is easiest described as a real-time virtual dimension that sits on top of physical rea