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METAVERSE – experience the virtual reality, the trend has just begun

METAVERSE – experience the virtual reality, the trend has just begun

Me: Dad I need money to buy concert tickets
Really really have to attend
Dad: in the corona?
Do you know how it’s spreading?
Chup chap Ghar baitho.
Me: Dad Ghar se hi hai concert
Dad : zoom par itni ticket
Kya Michael Jackson aa raha hai upar se?
Me: no Dad metaverse concert, it’s history in making
Dad: metaverse kahan hai, yeh kya nayi bala hai, mera bewakoof maat banao.

I had barely managed to explain the concept of cryptocurrency to him (just barely) and here comes Daler Mehendi concert and weddings on metaverse. How the hell am I gonna explain that? So I thought I would take the easy route and show him the advert of the concert floating around right before this much-hyped metaverse Shaadi.

The Daler Mehendi concert and how history was being created as the Punjabi singer became the first artist to perform in metaverse or rather his avatar became the first to perform. So I showed him the trailer being floated.

Daler Mehndi just conducted a full-on singing Metaverse show on January 26 to celebrate India’s 73rd Republic Day, and he became India’s first singer to ever hold a concert in the Metaverse. So the asking money for the concert was imaginary as the metaverse space but not a concert.

Lost you there?
How did he conduct this?

Just like Facebook is a community space to connect, there are other exclusive Metaverse spaces that help users across the world to connect. In Daler Mehndi’s case, he used an app called Party Nite. Party Nite is a similar space where, unlike Facebook where people can connect and post videos and comments, people can walk into a concert, move around and explore the party space – virtually. As you log on to this space called Party Nite, you will be asked to create an avatar that resembles you and that will represent you in this party space. This avatar or character can move around, jump, and explore this space and you will get to control it from your home. Many of your friends will be able to log into this experience and you will be able to see them as other characters who are jumping alongside you in the arena.

But looks like many couldn’t get in because the server crashed when about 2,00,000 people logged in together… but Daler was happy regardless! 
(With reference from dailyo.in)

So how would my Dad respond:
Dad: Matlab asli Daler Mehendi bhi nahin his cartoon you wanna watch sing?
(Expressions mera bachha bilkul pagal ho gaya hai)

And maybe he is rehearsing the start of my hard-earned money lecture(we all know that one and how we are wasting it)
So before he could ensure I thought to take the intellectual route and try to explain to him how this is a real thing and people are even buying land and assets in the metaverse. So I start my intelligent chatter on NFT.

Non-Fungible Token (NFT)

A Non-Fungible Token (NFT) is a one-of-a-kind digital token that is permanently linked to a piece and is encrypted with the artist’s signature. It validates the piece’s ownership and authenticity. It’s a form of digital asset that can be used to represent real-world artefacts like art, music, video, and in-game stuff. Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different. NFTs can really be anything digital (such as drawings, music, your brain downloaded and turned into an AI), but a lot of the current excitement is around using the tech to sell digital art.

But NFTs are designed to give you something that can’t be copied: ownership of the work (though the artist can still retain the copyright and reproduction rights, just like with physical artwork). To put it in terms of physical art collecting: anyone can buy a Monet print. But only one person can own the original.
(Sourced: from the verge)

Ughhh too much?
Well not if you realise that some people actually 6.6 million dollars to purchase an NFT video by Beeple. So where did it all start?? It all started with Traci and Dave Gagnon in USA. Dave, 60, and Traci, 52, both worked at eXP Realty, one of the many companies that have championed virtual workplaces and a group company of Virbela. The team worked hard to create images and details (like floral details) from their in-person wedding venue to the metaverse ceremony. The couple shared pictures of their guests who were also transformed into avatars for this gig. Interestingly, the couple’s relationship too blossomed in the virtual world back in 2015, when their avatars met at a company in Las Vegas.
(Sources:mansworld)

There is a little doubt that the Gagnons might have just created the next big trend especially during the kaal of Corona. And with the rapid movement towards the Metaverse and Web 3.0, Dinesh Kshatriya and his fiance Janaganandhini Ramaswamy decided to step into the metaverse trend.

The Indian couple tied the knot on February 6th this year at a Hogwarts themed wedding hosted by beyond club. (just as Daler Mehendi was at party nite) and the invitation NFT which was sold for $10, as the start finally touched and traded at $4,450 right before the event. And if you thought who would buy. Well, the NFT featuring the virtual avatars of the bride and the groom, was purchased and resold within nanoseconds of the drop.

A Hogwarts-themed wedding reception in Metaverse with guests joining from all across the world!? Chennai based start-up, TardiVerse, led by Vignesh Selvaraj, spearheaded the metaverse project.

You can watch the bit!

And now you ho explain it all because buying your piece of land in the metaverse is the investment of the year 2022. Move over crypto, Metaverse is the new king!!!

Checkout more such content at: https://gogomagazine.in/category/tech/

About The Author

Deepika Kochhar

Cliched totally— Traveller by passion Jewellery Designer by profession And A wordsmith by hobby😊

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