Everdome Crypto and the Metaverse
The Metaverse could be here a little sooner than you think, courtesy of Everdome crypto.
The concept of the "Metaverse" is thrown around at an exceedingly overused rate. For a buzzword, it's probably foremost in crypto – very few people know how to define the Metaverse. Massive corporations rename themselves after it. Many believe that the concept of the Metaverse is a potential investment.
Like anything we can invest in, the first thing we have to do is understand it.
What is the Metaverse?
The term meta is a Greek term meaning to encompass something. It is a prefix that means “transcending.” According to English StackExchange, the prefix meta indicates a concept that is an abstraction from another concept.
Essentially, add the prefix meta to the word universe and you bridge two abstract concepts – our physical reality (which, let's face it, is a pretty abstract concept if you think about it) and virtual worlds, our interactions in them, and how blockchain technology facilitates it. If this isn't "Meta", then I don't know what is.
Facebook to Meta
When Mr. Zuckerberg rebranded Facebook and turned it into META, it was the height of the NFT craze and most recent bullish crypto run. However, as time passed, something became increasingly clear: the Metaverse can never be one company.
The very idea of one corporation owning the Metaverse is the exact opposite of the goal of the Metaverse.
The first thing to realize about the Metaverse is that, right now, it is very much in the infancy stages. It is a concept.
The Metaverse is to our world today what the internet was to the world of the '80 and early '90s.
That means that some people believe the Metaverse is the new evolution of the internet, and next is the step to Web3. The Metaverse may be this impactful. A better way to view it is to imagine it as the evolution of the world wide web, where one can visit "sites" through a 3D virtual world. The Metaverse should not be considered something utterly new. Instead, it seems experts in the field want us to view it as the next step up from the current world wide web.
Try to consider it as a 3D virtual world accessed by anyone, where people can interact, build, and function as a society, but in a setting unconstrained by the boundaries of a pre-developed simulation – like a modern video game.
Matthew Ball describes the Metaverse in this YouTube video:
The Metaverse is ideally a "massively-scaled interoperable network of real-time rendered 3D virtual worlds", he says, "experienced synchronously and persistently, by an unlimited number of users, each with an individual sense of presence while supporting continuity of data, such as history, identity, communications, payments, entitlements, and objects".
Seems highly ambitious. The real good news? We are closer than ever to the above, for the most part.
A great example of how the Metaverse can be used is by looking at the positive effects that real-life interactions in a virtual space can have. For instance, one veteran used a virtual space to treat her PTSD, feeling safe enough to talk about her experience. This brings up a pivotal crux of the Metaverse which will inevitably be discussed: anonymity.
The biggest step toward the Metaverse so far: Everdome
The next step in the Metaverse is creating it, and no one seems to be closer so far than Everdome.
According to CoinGecko, the Everdome crypto offering is the digital frontier's first hyper-realistic Metaverse.
Built on Unreal Engine 5, that really seems to be the case. On their website and promotional videos, Everdome features a beautiful futuristic space beginning on Earth and ending on Mars. The video features an option to "Connect Wallet", which opens a door to the Everdome crypto sphere, seemingly on a virtual 'red planet'.
Inside the Everdome is where it gets really interesting. Here is where the first true high-quality hyper-realistic Metaverse might come into existence. Also, it is best not to think of one company or project, Everdome crypto or any other, as the "Metaverse".
Instead, consider the idea that the Everdome crypto project is just another "verse", albeit a high-quality one with much potential. This verse is part of a multitude of other verses. By now, you are probably thinking about Dr. Strange.
It is important to realize the ambitious goals behind a project like Everdome. The project aims to facilitate a new age of interaction across virtual spaces, which has never been done before. The Everdome litepaper says it best: people, brands, and organizations looking to showcase themselves and their brands in a high-quality format will make Everdome the place to do so.
Author: Damir Khamzin
Having begun his career as a copy editor at Stockwatch, Damir was uniquely equipped to enter the crypto world by writing content for blockchain games. After learning about Bitcoin, he dove right in and has written for several cryptocurrency and finance blogs. He lives in Vancouver, BC and enjoys writing science fiction/fantasy in his spare time.