How to create the metaverse?

One of the big developments that promises to revolutionize the way we live is the link with immersive technologies such as virtual and augmented reality in order to add another layer to our daily lives. While the advanced benefits are incalculable, there is a question that arises: how can the new virtual spaces take on the properties of public spaces?

Today, there are two types of spaces that allow people to gather and share experiences: physical and virtual, represented by social networks. Physical public spaces play an important role, as they are some of the most common attractive spaces found in cities. They allow for various social pressures to be felt by those who insist on making them felt without having to extend too far, which is what many appreciate about them. However, when the pandemic starts and everyone tends to hide it, the limitations encountered occur the times when there are spaces to climb. Instead, it was necessary to have virtual social spaces that helped to meet a lot of requirements.

Of course, virtual platforms also contain some risks that can be challenging for users: for example, the structure of the platforms often dictates what could or could not be done on the medium, just as personalities are restricted to text form. However, the power of the medium has its own limitations: whether it is a two-dimensional mode only text or video. Then we are faced with the question of what kind of interaction can be achieved between human beings.

The virtual world will create an immersive three-dimensional experience where users interact organically and unstructured. The metaverse concept is trying to be defined, but it is coupled with internet 3.0 that allows users to interact securely and privately with each other. Valued in Bitcoins. These are some of the features of the new version of the Internet.

Facebook, Instagram and other types of applications are an integral part of the metaverse, but it is not a very common product per se. From their point of view the development can grow gradually as the Internet per se does. The intricate creation of technologies and platforms, is driven by public and private initiatives. Unlike the existing Internet, platforms do not have universal standards to ensure interoperability. Each is free to create its own internal environments and set its own rules.

One of the first things that developers generated in social networks was to start using virtual 3D environments. However, it is not just a change in the technology that was to achieve this, but rather a cultural change as we can all see the presence of the stereotyping of different aspects given by the new platforms. They are creating environments that mimic large housing developments, metaverse, freehold plots but reserved for themed communities. That is, if you live in London and you want to create your own little square and now it is also called “part or ground” as opposed to when they were sold 20 or 30 years ago.

The promising virtual land economy is driving the value of virtual land, but we are still shaky on how we can move the economy partly because market forces are unstable and beliefs and images distorted.

Roads and squares, which in a world with teleportation are no longer relevant, take on a different role. In the Spatial Plan of this Virtual City they become navigational tools that expose the content and the ability to increase the value of the land. This demonstrates how it happens that similar criteria can produce different results between the physical and virtual worlds.

This is difficult to translate to digital social networks. On platforms that are outside of physical reality and therefore a feeling of immersion could increase the sense of undesirable behaviors, such as summary judgments based on statistical data. Companies such as Meta are announcing limits to protect their users against such unwanted interactions.

Metaverse platforms are a new typology of virtual spaces that give people access to certain important aspects of social life, but the challenge is that people may not be exposed in person and there are some risks. The economic and social potential is enormous as they are developed in a collective, transparent and socially responsible way.