Question 1

What Is the Metaverse?

Accepted Answer

The general understanding that it is a shared virtual world that exists in the internet of things. It would be designed in a way wherein it can be accessed by people in their online avatars and users would be able to interact with other virtual  people, places and things.
Metaverse is still in its infancy and some of the biggest tech companies are racing to build their own versions of it.
The metaverse will basically be like stepping inside of the internet. Everything about the internet will be brought to life as virtual worlds.

Question 2

How do we access the Metaverse?

Accepted Answer

You will need the following:
 • An  internet connection
 • A virtual reality headset, such a oculus quest
 • A PC or mobile device
 • A blockchain wallet such as Metamask or other popular web based wallets.

Question 3

What will the metaverse look like?

Accepted Answer

It will look like a 3D version or digital version of the internet. Users will be able to drive into the metaverse using their VR headsets and interact with animated objects, buildings, streets office spaces events and much more

Although, at this moment companies are more interested in making their own metaverse - in the future one would expect seamless travel and interoperability between said metaverses.

Question 4

What are some popular metaverse games or platforms?

Accepted Answer

True decentralized metaverse games  are built on blockchain. The most popular blockchain for developers right now is Ethereum. Some truly decentralized popular metaverse games are as follows:
Decentraland(https://decentraland.org/)

The most famous game currently is Decentraland. It was launched in February 2020 and is a browser-based platform. Users may buy, sell and rent virtual plots of real estate in the platform as NFTs and the currency of exchange is the MANA token.
The games also  allows you to socialize with other avatars, trade you wearables and other in game objects
Sandbox(https://www.sandbox.game/en/)
It is a play to earn game that  offers players a virtual world to live where they can build and monetise their own virtual experiences.
There are a variety of quests spread throughout the game and can be completed for various rewards. Sandbox is in its early stages and growing rapidly the utility in -game token for transaction is SAND

Axie Infinity(https://axieinfinity.com/)
Axie Infinity was launched in 2018 and is the third most popular game in this space. It is a trading and battling game that allows players to collect, breed, raise, battle, and trade creatures known as "Axies" which are digitized as NFTs, similar to Pokemon games in that regard.
Players  can use their creatures  to battle, build and even hunt for treasure. Each Axie is a unique creature and has its own set of qualities and powers.

Question 5

How many metaverses will be there?

Accepted Answer

It's hard to say given there is a race between tech giants like Meta, Nvidia, Epic Games and others  to build their own franchises or worlds.
But in all honesty it will be a failure if these are not interoperable. For example you should be able to take your belongings or objects acquired from one world to another, because essentially the vision for users will be to be part of one big metaverse.

Question 6

What Is Virtual Reality (VR)? What Is Augmented Reality (AR)?

Accepted Answer

Augmented reality,made popular by Apple, uses a device with a camera to overlay holograms of objects on a screen. AR is experienced using mobile or other wearables like smart glasses. Pokemon go is a classic example of this.

Virtual reality on the other hand is a completely immersive experience, which is achieved using a VR headset. These experiences allow users to interact with items (people, places and objects) inside of the virtual world.

Question 7

How do I access the metaverse? What are popular Virtual reality headsets I can use to access the metaverse?

Accepted Answer

Oculus Quest 2.(https://www.oculus.com/quest-2/)
It is a very popular and affordable headset  The Quest is a good entry-level, all-around VR headset and able to operate independently. It is an all-in-one VR Swiss army knife, capable of great on-the-move VR and gaming across SteamVR and Oculus Rift compatible titles.

Valve Index VR Kit(https://store.steampowered.com/valveindex)
Valve is a serious competitor in his business and their Value Index kit is no slouch. It is reasonably priced compared to other VR equipment and is a PC-tethered VR headset
The Valve Index is for VR enthusiasts and dedicated PC gamers.

HTC Vive Pro 2(https://www.vive.com/us/product/vive-pro2-full-kit/overview/)
The HTC Vive Pro 2 is the latest headset to hit the market, and it brings with it a number of updates on the display front to make it one of the most impressive mainstream options around.

Question 8

What is decentralization?

Accepted Answer

Read here.(https://www.metaversefordummies.com.au/general-8)

Question 9

What is an NFT?

Accepted Answer

It stands for Non-Fungible Token. An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold on online platforms like Opensea and they are generally encoded with the same underlying software as many cryptos. The idea behind it is that you are the undisputed owner of the ‘original’ item.

Question 10

Why are NFTs popular?

Accepted Answer

Because an NFT allows the buyer to own the original item. It also contains a mechanism that serves as a way of authentication as proof of ownership. This gives collectors  ‘bragging rights’  of ownership

Question 11

How does an NFT Work?

Accepted Answer

NFTs exist on a blockchain, which is a distributed public ledger that records transactions. an NFT is created, or “minted” from digital objects that represent both tangible and intangible items.

Ethereum is the most common blockchain for use of NFTs, however there are upcoming blockchains like Cardano and Solana which are gaining in popularity.

FAQ