This level of simultaneous activity was not intended for the Internet. Metaverses therefore require infrastructure still to be built. Web3 networks, cryptocurrency, and NFTs form the core of the metaverse. However, despite the impressive developments in recent years, the creators of brand new metaverse DecentWorld believe that the industry’s biggest challenge is still ahead.

It was more than thirty years since the first idea of the metaverse emerged. But, the blockchain and 3D technology are only now making it a real possibility. The result is that dozens upon dozens have been launched during the last year.

According to current trends, there are more companies joining the metaverse marketplace. Brands like Starbucks (NASDAQ), NBA (NASDAQ), Samsung (KS) and others lead the charge. It is predicted that the global metaverse market could reach $8 trillion to $13 trillion by 2030.

Hardware that creates Immersive experiences

Interoperability and ownership are essential features for the complete metaverse experience. Web3, blockchain & NFT solutions are already solving the problem of ownership, and pushing even closer towards full interoperability.

Limited hardware supply is still the greatest challenge. DecentWorld, an international metaverse platform based in Switzerland, entered the sector by digitizing all streets in the world. It believes that more advanced hardware is needed in order for fully-immersive virtual realms to become possible.

“There have been a lot of improvements—Meta is investing a lot in Oculus, we have HTC Vive Pro, Vive Pro 3, and others investing a lot of money into headsets. We have forward-facing cameras that enable augmented reality, but they are devices that you simply put on for a limited time—they are not suitable to be worn for long, therefore cannot enable the full metaverse experience,” the DecentWorld team explains.

There is a growing demand for high-resolution, accessible displays, powerful computers and tech solutions to recreating the senses.

Interoperability through Collaborations

Some might argue that creating the metaverse is like creating another internet – it is beyond the capabilities of one single company. To advance any metaverse, it is important to encourage collaboration and cooperation between industries.

DecentWorld offers a geo-based Map that includes 18.5 Million digital Streets and is ready for blockchain. This confirms their commitment to the NFT Market. The team plans to develop Building NFTs and add an immersive layer to the map.

“The next step in our plans is to open up our APIs for business integrations. Users will have the ability to walk, shop, view galleries and make friends. The more companies join–the more fulfilled and the more interoperable the metaverse becomes,” the DecentWorld team says.

They believe that there is only one metaverse. Therefore, the goal should not be to host multiple creators and multiple services in one space.

DecentWorld

DecentWorldThe Swiss Metaverse Digital Real Estate Platform is built using blockchain technology. It aims to create a new generation of web3 experiences. Members can trade and purchase virtual Street NFTs. These NFTs can be used to create Collections. Complemented Collections are worth more because they yield additional income that can be paid to their owners. DecentWorld uses state-of-the art security measures to ensure trust and transparency within the blockchain industry.

Please visit www.decentworld.com for a complete exploration of our metaverse.

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For further inquiries & talent outreach, please message hello@decentworld.com.

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