The metaverse is increasingly at the forefront of what is being referred to as ‘Web 3.0’ as we go to the next stage of the internet’s evolution. According to Grayscale, a crypto investment firm, the metaverse might represent a $1 trillion business opportunity as digital worlds continue to permeate our daily lives.
Grayscale’s prediction is based on opportunities that will arise from the intersection of ongoing trends in our social lives and online gaming with blockchain’s potential to provide the infrastructure to digital worlds, according to a report published on Thursday titled “The Metaverse, Web 3.0 Virtual Cloud Economies.“
“The business opportunity for bringing the Metaverse to life may be worth more than $1 trillion in yearly revenue and may compete with Web 2.0 companies valued at $15 trillion today” Grayscale stated.
As the Internet and software revolutions began, a question arose: “Will connecting the world usher in a new era of individual empowerment?”
It appears that there is a paradox here, as connecting is now not just connecting people with others, but also connecting people with everything around them, as a result of the emergence of a handful of mega-platforms, which subsequently leads to an increase in individual self-esteem. And it leads to people becoming disconnected from one another.
As a result, the challenge is: “How can we connect the world while digital technology is rapidly developing?” When we want to connect people in the most technologically advanced way, the answer is “The Parallel.”
It is so obvious that one of the most basic requirements of humans is social interaction. We’re social beings by nature. Even if we have unlocked amazing technology and can now talk with AI virtual beings such as Siri and Alexa, the need for interaction with a real person based on friendship and companionship remains irreplaceable. And The Parallel can combine all of these elements into one universe for you!
There are no longer such models as “Play-to-earn” and “Free-to-earn” for you to explore on your own; instead, we give you a ticket to another metaverse. What The Parallel can provide is not only a “Game,” but a completely new universe and a one-of-a-kind platform for everyone, from creators, gamers, and potential investors to Gaming Studios and Entertainment corporations, to integrate their games and products on The Parallel’s platform.
The ability of the community to develop to its greatest potential is dependent on each individual inside it. In The Parallel, we build a platform and want to see the various world of your imagination transferred to our universe.
Find out more about The Parallel:
Website: https://theparallel.io/
Twitter: http://twitter.com/theparallel_io
Medium: http://medium.com/@theparallel
Discord: http://discord.gg/ex6SckmWqp
Facebook: http://facebook.com/theparallel.io/
Telegram:
Youtube: http://youtube.com/channel/UCKvlkWCeNDEgxa41k1wBZYA
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
KAZ
Coincu Ventures
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