Metaverse and Blockchain - Crypto Academy / S5W1 - Homework Post for @wahyunahrul by @abdu.navi03
Hello everyone how are you all doing? I hope fine. I warmly welcome you to the first week of the 5th season. This is my first Intermediate course of this season.
Thank you, professor @wahyunahrul, for this insightful explanation of patterns. My homework is listed below.
In this lecture by Professor @wahyunahrul, we learned the basics of Metaverse and its projects on Blockchain and also the advantages of Metaverse on Blockchain Network.
This picture is edited by my mobile's default app
Yes, I genuinely think that Metaverse could be the next level of advanced or future technology, in that everything we experience in the real or actually a virtual world today can now be managed to bring into virtual reality. This solution makes Metaverse much more fascinating, because it puts everyone in a total isolation position, despite of their status or influence in the community.
The Metaverse is a technology which has not yet been fully established in real life, but we have had the opportunity to connect with it through various mediums such as video games, different movies or dramas, and even novels. Let's suppose the Metaverse is a set of exterior realities with which we are unfamiliar, but we can understand what we're talking about owing to the places indicated above.
Metaverse alludes to the notion of a remarkable simulated environment in which people assemble to socialise, play, and work, and also make a virtual presence or investment, in its current form. A person can, for example, purchase something in the metaverse and then invest the proceeds in the future.
The Metaverse is a large and broad topic that aspires to supersede the technological system popularly referred to as the internet in some fashion, but how? Simply said, it's about fusing the greatest qualities of the actual world with those of the virtual world, resulting in what people know as an actual world reality. We can engage in a completely other environment and carry out actions that would otherwise be impossible, but are feasible owing to the Metaverse, such as seeing or visiting individuals who are far away and making ourselves present in a virtual fashion. We can go to other worlds or cities, converse technologically, and perform tasks that we previously thought were impossible.
This is a true and present example of how the world has revolutionized and grown with technology, which is why I believe the Metaverse's world can be fully realized once it has been fully created, and that this will not take long. And after its creation, it will be fascinating and fun
Metaverse is actually a new kind of universe, it's an idea of having a totally virtual life. As our life is already very virtual and we've seen the par of living improve from the improvement of technology and social or virtual worlds plays a great deal of role in it. Just like you not only can talk, see and have fun with each other in today's virtual world, you can also do business and important meetings on it. I'm seeing it to become a necessity rather than a time pass in the upcoming world. In recent games such as GTA 5 where you bargain and bought the car and sell it in the game to the people or such as newly launched game RIFI United where you will build a team and play with them just to earn from them and have fun
Now the difference between the two mentioned examples is GTA 5 doesn't a blockchain-based game but RIFI United is. Therefore, this technology already showing its par level potential and its proof of future rather than the expectation of the future.
Metaverse and blockchain are two words right now everyone is singing,Why? Because they are the peer contributors in future technology moreover from many aspects they are same and quite compatible, some of them are;
1-DECENTRALIZATION:
As blockchain is decentralized that means no single authority is controlling this chain and everyone has voting power so as metaverse has aspects of decentralization like you you can control your virtual world and no single entity can rupture or deshape your virtual world by any means only you have control on your environmental space
2-CONSTANCY:
Blockchain is immutable no one can hack or damage any single block of transaction. Like this metaverse is also immutable no one can change your virtual space like no one can change my RIFI United eleven
3-VIRTUAL ASSETS:
In Blockchain technology and metaverse one thing is superbly common that anything you own is not in the real-world and in the digital world. From currencies to collectibles and from cars to lands you can own anything but virtual assets. One of the great examples of it is NFTs which can be used in both blockchain and metaverse
4 CONNECTING TWO WORLDS :
Both technologies have another thing in common as this interacts your real world with virtual world. Without a certain, both technologies are quite compatible and have some connections, which is why I feel that combining them would result in a magnificent revolutionary technology capable of providing us with the best tools for many tasks. Because the virtual world is now the most approachable and inventive, the Metaverse aims to bring the two worlds together entirely.
As previously described, a metaverse is a virtual world in which users may interact in a three-dimensional environment, and this commencement led to the development of Blockchain. As previously stated, the blockchain's goal is to allow digital-based data to be stored and accessed, but not manipulated. As a result, a blockchain is a system for permanent records or records of transactions, that cannot be changed, deleted, or obliterated by any third party. The blockchain also enables digital currencies that are widely accepted, and the innovation allows financial forms to communicate without the involvement of a third party.
In this response, I will provide a comprehensive study of a metaverse project that is used to obtain NFTs or TLM virtual tokens. Aliens World is the name of this metaverse project. It is a virtual game in which several people participate and are connected via the game. This implies that it connects the real and virtual worlds.
- To start this metaverse project, visit AliensWorld
The Aliens World is a three-dimensional virtual environment platform built on blockchain. NFTs are a virtual domain in Aliens World that can be acquired with the digital money TLM, which is a cryptocurrency project based on Ethereum Wax and the Binance smart chain. The goal of the Aliens Universe project was to empower content developers to create a world.
- You can do a lot of Programmed missions here.
Teleport is a advanced seeting. Through this, you can shift or transfer your TLM token of Aliens world to your WAX wallet by Meta mask
Through this, you can connect with different communities, groups and create your different scenarios
Non Fungible Tokens (NFT) of Aliens World is TLM which is used to perform different transactions and ownerships in different process
It is one of the largest Decentralized metaverse game. Millions of users are active on this game
The Social Network option provides you a access to link your metaverse project to different social accounts including Discord, Instagram, Twitter and etc
Tokenomics, by this you gen get details about the cryptocurrencies.
You can also select and change your Avatars. It is a very good and advanced access
TLM Token
The cryptocurrency used on the Aliens World platform is their natice token known as TLM. The TLM token price today is $0.26 with a 24-hour trading volume of $284,890,526. The TLM token is ranking #281 on CoinMarketCap , with a Market cap of $287,204,173 The TLM Coin has a circulating supply of 914,030,370.25 TLM coins and the maximum supply is 10,000,000,000.
To conenct start it.
then click on Connect Wallet. Wallet Cloud Wax would be opened in extension.
You will be taken to the home page of wallet. If you do not have this wallet, simply Sign Up
After signup, then return to the home page and sign in your wallet. Thus wallet is connected.
As I have already discussed a meta verse project **Aliens World in the previous question, so in this question I'm chosing a different metaverse project. Im pretty sure, you all are aware of this metaverse project. Its name is DECENTRALAND
Decentraland is a fantastic Metaverse project that allows people to interact with a virtual environment. Decentraland offers a number of intriguing aspects to investigate if you want to learn more about it. Marketplace, events, Builder, Documentations, DAO, and Blog are the key points of interest for users looking for all types of details and information and necessary data to get actively engaged in this metaverse project.
In this explore section, the users can explore different lands wherever they want that land obviously will be virtual and digital. By taking land, the users can also construct or make anything on their land and that all will be virtual, created on Decentraland Platform. The things created on Decentraland platform are all virtual and created by the users.
One of the Decentraland features is to a Create function or any thing. As they can create anything so it is a good thing for users since it allows them to put their ideas and the extreme level of their imagination can be put in that virtual world to the create and execute the amazing things. With the aid of the Builder tool offered on the Decentraland platform, users may build settings, artwork, competitions, and more based on their own ideas. Users may also compete in events to earn rewards for their original work. Obviously, as everywhere, skilled users tend to create games and social programmes to make the virtual environment more appealing.
Decentraland also has the trading feature which allows the users to perform the virtual trade in digital currency, the cryptocurrency. On the Decentraland Marketplace, users may buy and sell Land, Estates, goods necessary to complete Avatars, and names in order to make money. Every transaction that takes place there is encrypted and stored on blockchains. This is a fantastic feature since it allows investors to gain money quickly.
Decentraland allows people to engage in a virtual environment. It is a Metaverse project that allows the users to purchase and sell Land, some areas & Estate for investments that will prove to be highly beneficial and can be surely profitable in the upcoming future. Users may profit from their investments by managing land, the property they possess & Estate in a virtual world market and environment. This is a real advance and invention with enormous future possibilities.
Decentralized system is a metaverse project and fully decentralised so that is a mechanism in which all transactions, exchanges, and whatever action or job has been done are documented and secured on a blockchain network. This mechanism of security is unreachable by anyone except everyone, since every operation performed on the decentralised system is always transparent and visible to all. There is no "Third-party" in the decentralised system.
NFT (MANA) is a virtual asset or currency and on Decentraland, all the transactions and trades are done by the help of this token. MANA token symbolises the user's ownership of the virtual world investment made on the Decentraland platform. Because of the Metaverse interaction and Blockchain, NFT is the greatest answer for every sort of ownership and transaction that can be carried out on the on this metaverse project platform.
Apart from being a creative platform, Decentraland members may also choose to rent out their Land, property. Users may also earn MANA tokens by creating and selling items on the Decentraland platform which includes marketplace
The Decentraland metaverse project allows its users to create an imaginary world, execute their fantastic ideas and construct the imaginary ideas in the virtual world. As a result, people may take control of how the Decentraland world operates by suggesting and voting on decentraland changes.
- Land:
Users may purchase pieces of land in the Decentraland metaverse project, which they can then explore, extend, and also trade whenever they want or in the future.
- Collectibles:
There are many collectibles which may include the avatars that users may themselves construct in the decentraland metaverse project or they can also purchase some from the marketplace, and they are purchased in the form of digital cryptocurrency, so for Decentraland, it will be purchases using the user's MANA Token.
- Builder:
Users may utilise the building features to expand their Lands on the decentraland metaverse project, as well as to create landscapes for other users so they can explore.
We've completed our task and all I can say is that it's been a very wide and fascinating topic for discussion, as the Metaverse guarantees to be the unique and new technology of the future, perfect combination of the real and virtual worlds, allowing us to expand and strengthen our capacities in our present living world.
The Metaverse is a virtual project or platform that allows people to engage and interact electronically via the internet and three-dimensional displays. The term "metaverse" is derived from the terms "meta" and "universe," and refers to a world that does not exist in the real world but does exist in a virtual simulated space.
In the end, I would like to thank, professor @wahyunahrul because of whom we came to know about the Metaverse projects, its combination with the blockchain, its advantages and how it revolutionized the world.
I hope I was able to meet all the objectives of this task as I put in all my efforts. So this is the end of my assignment. I hope you were able to grasp the basics of my lecture.
THANK YOU.
ps: all the pictures have been sourced accordingly. The grammar was checked from grammarly.com while the markdowns have been done according to the Markdown Styling Guide.
Cc;
professor @wahyunahrul
regards,
@abdu.navi03
Your balance over the past month...
Taken from https://steemworld.org/transfer-search
Sir when I posted my assignment, I was 100% eligible for #club5050. I am saving my steem for big powerup on 1st of December, for #spud4steem contest. Please mark the date when I posted my assignment. The professor also gave me the number for that.
Thank you
By the way, I have powered up some steem to be eligible for now.