DecentWorld on What Matters Most in the Metaverse Industry

The idea of virtual worlds has stirred the imaginations of many. However, the reality is still far from beloved science fiction scenarios. The metaverse industry is picking up speed as more and more start-ups and tech giants rush to get on the development train. DecentWorld, a Swiss-owned blockchain-based metaverse, offers an innovative, offbeat approach. 

The platform has combined gaming and virtual real estate by digitizing every single Street on earth, offering them up as NFTs for traders and collectors, as well as creating a 3D virtual platform based on Dubai Downtown for the users to explore and interact with each other freely.

Metaverse Gateway for Easy Access

Many companies now are contributing toward the same goal of the creation of virtual worlds. While many of them have been swiftly introducing their own metaverse platforms and solutions, DecentWorld offers a universal metaverse gateway that is also needed for those businesses that want an already available solution. 

“Many people and teams are building both large and small metaverse projects. A well-developed metaverse, in our opinion, is a fully scalable, interactive, interoperable, real-time rendered 3D environment. So, there is still a long way to go, but I am confident that it will come sooner than we expect,” shares DecentWorld CTO. 

Having a solid digital identity is another vital aspect that the metaverse industry is yet to achieve. It is also essential for smoothless interoperability and ease of use. 

“The true metaverse is an environment in which you would use a single digital identity with which you would easily access all of your different accounts. It’s just like the real world. When you buy something online, when you buy something in a physical shop, or when you communicate with other people. You are always the same person, no matter which country you are in,” explained the DecentWorld team.

Interoperability is challenging to achieve because it requires the use of universal, standardized systems. Apart from the identity, owning your own data and having the ability to move virtual goods from one platform to another is crucial to making the metaverse a reality.

Real-Time Experiences

Another essential aspect of the metaverse is providing a real-time experience for all users at the same time. The DecentWorld creators have a vision that in the future concurrent users will be able to go places and participate in specific events and activities simultaneously by building an individual sense of “presence.”

To achieve such a thing, there are first a number of technological challenges to overcome, because such a metaverse requires infrastructure that does not currently exist. The internet was never designed for experiencing such levels of concurrent activity. 

“Synchronicity is an essential aspect of the metaverse. There are still many things that are not real-time when it comes to the internet. Most available content was uploaded sometime earlier than when you read it or watch videos. So you’re consuming this media, but not in real-time as it is created. Of course, it’s getting closer and closer to real-time, with the increasing popularity of live streaming shows,” explained the DecentWorld team. 

The breakthrough of blockchain technology opens the door to decentralization and community activation through inclusion. Using web3 networks, cryptocurrencies, and NFTs could be the answer to creating real-time experiences and the infrastructure that would make metaverse possible. 

About DecentWorld

DecentWorld is a Swiss metaverse digital real estate platform built on blockchain technology to introduce a next-generation web3 experience. The platform allows members to purchase and trade digital Street NFTs, which can then be combined into Collections. Completed and staked Collections have additional value as they generate yield that is paid out to the owner. Using state of the art security features, DecentWorld also stands for trust and transparency in the blockchain industry.

To fully explore our metaverse, please visit www.decentworld.com.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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