The concept of the metaverse has been around for decades, but it is only recently that we have seen significant advancements in technology that are making it a reality.
The metaverse is essentially a shared virtual space where users can interact with each other and digital objects in a three-dimensional environment.
The metaverse is not just a technological advancement, but it is also a cultural shift towards more immersive and engaging experiences.
In this blog post, we will explore two metaverse platforms: Special and Decentraland.
Rahul Sethi, Gobal Metaverse Expert, gave a presentation on these two platforms and showcased some of their features and benefits.
Spetial: A Centralized Metaverse Platform
Spetial is a centralized metaverse platform that allows individuals to put their 3D digital models on the platform. It is an immersive platform that allows users to collaborate on 3D content as avatars. Special has given a platform for 3D rendered models that were earlier standalone pieces that you could only access on a computer. With Spetial, you can now pick up those 3D models, place them into the metaverse platform, and collaborate with others.
One of the great benefits of Spetial is that it has given us the wings to create bigger experiences. The penthouse project is a great example of this. Exclusible, a company that sells exclusive penthouses, has sold many of their penthouses to people in the IT industry. The penthouse project is loaded on the metaverse platform, and users can access it using avatars.
Decentraland: A Decentralized Blockchain-Based Metaverse
Decentraland is a decentralized, blockchain-based metaverse built on the Ethereum blockchain. It has its own currency called the MANA, and it is one of the most popular platforms for content creators. Decentraland allows individuals to create gamified experiences, validate nfts, and engage audiences. It is a great platform for individuals, entrepreneurs, and companies who want to create different types of metaverse experiences.
One of the benefits of Decentraland is that it allows individuals to build on the platform, but only with elements that are approved by the TNC of the Dow. Another benefit is that it has a lot of traffic on the platform, with over a hundred thousand users. Decentraland is becoming more popular in India, and we can expect to see more adoption of the platform in the future.
Metabharat: A Retail Mall on Decentraland
Metabharat is a retail mall that is being built on Decentraland. It is being developed by Gagan, an entrepreneur who is building the mall to provide retailers with space to put up their products, commercialize nfts, and utilize them for events and co-work. The mall will have shops on the ground floor and an event floor on the upper floors. The goal is to provide a mall for Indian brands on the metaverse.
Conclusion
The metaverse is an exciting development that is transforming the way we interact with digital content. Special and Decentraland are two great examples of metaverse platforms that are pushing the boundaries of what is possible. With more and more companies and entrepreneurs exploring the possibilities of the metaverse, we can expect to see even more exciting developments in the future.
