'Defining The Metaverse: The New Internet Experience Built By Gamers' by chatwithcharles web3 understandingthemetaverse
The market continues to mature, so I wanted to get back to clearing up some common misconceptions about what the Metaverse is, what it means, and who is building it, hopefully resulting in more conversations with elite teams as we continue to fund in this direction three years after we began.
I largely consider myself a “citizen of the internet”. In many ways I hold a higher regard for the internet than I do for the country in which I was born, after all, I met many of my closest friends online, my business was built online, and so was my wealth. I grew up playing immersive and often multiplayer games like, where I learned the skills I needed to navigate the economics of blockchain ponzinomics.
Just recently Meta announced that creators on the platform would be charged 30% as a base fee, and then a further 25% fee on the remaining would be charged by the Horizon Platform. By comparison, Manticore is taking 50% and Roblox is taking a whopping 75% of creator fees. While this isn’t all bad, it’s definitely something we need to improve upon as we build platforms and tools for creators and consumers.
“Is the metaverse a virtual world? No. It’s going to have a virtual world, but that’s just going to be an element of it”Pokémon Go proved product market fit for the first time with AR, but we’re ready to go to the next level - and people are paying attention.actually showed that Pokémon Go actually decreased depression-related searches locally, which indicates that these interactive experiences could work to improve mental health, particularly in young people.
The Mirrorworld will be more reliant on our mobile phone cameras and real-world mapping than anything else, and will allow us to intelligently overlay digital experiences to physical environments - the core focus of my next company, which will do this in partnership with forward thinking cities and leaders of the digital world.
“The internet as we know it is antithetical to what it was designed for. The commonality, hyperlinks, gave it so much value… The current internet is like being in a shopping mall and needing a different identity card for every store. Where every store has different card vendors, sizing schemas etc.”While the iPhone isn’t the internet, its adoption has allowed hundreds of millions of people access to it, and it is a valuable piece of the internet story.
Right now, creating an MMO is very difficult in Unreal Engine, but as we continue to work toward scalability it will become much easier. The same can be said for mobile gaming tools like Unity having different rulesets to UE, which often means building things twice if you want a high-fidelity mobile and desktop game.
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