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mostlysignssomeportents · 2 years ago

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Zuck’s gravity-defying metaverse money-pit

Tomorrow (Oct 31) at 10hPT, the Internet Archive is livestreaming my presentation on my recent book, The Internet Con.

Think of everything that makes you miserable as being caught between two opposing, irresistible, irrefutable truths:

"Anything that can't go on forever eventually stops" (Stein's Law)

"Markets can remain irrational longer than you can remain solvent" (Keynes)

Both of these are true, even though they seemingly contradict one another, and no one embodies that contradiction more perfectly than Mark Zuckerberg.

Take the metaverse.

Zuck's "pivot" to a virtual world he ripped off from a quarter-century old cyberpunk novel (reminder: cyberpunk is a warning, not a suggestion) was born of desperation.

Zuck fancies himself an avatar of the Emperor Augustus (that's why he has that haircut) (no, really). The emperors of antiquity are infamous for getting all weepy when they run out of lands to conquer.

But the lachrymosity of emperors has little causal relationship to the anxieties of tech monopolists! Alexander weeps because he just loves a good conquest and when he finishes conquering the world, he's terminally bored. That's not Zuck's problem at all. When Zuck attains monopoly status, his company develops an autoimmune disorder, as his vicious princelings run out of enemies to destroy and begin to knife one another.

Any monopoly faces these destructive microincentives, but tech is exceptional here because tech has the realtime flexibility and speed that brick-and-mortar businesses can never match:

https://pluralistic.net/2023/02/19/twiddler/

Sociopaths with tech monopolies are worse for the same reason that road-rage would be worse in a flying car: adding new capacity to indiscriminate self-destructive urges turns ordinary car crashes into low-level airburst warfare:

https://pluralistic.net/2023/07/28/microincentives-and-enshittification/

The flexibility of digital gives tech platforms so much latitude to break things in tiny increments. A tech platform is like a Jenga tower composed of infinitely divisible blocks. The Jenga players are the product managers and executives who have run out of the ability to grow by attracting new business thanks to their monopoly dominance. Now they compete with one another to increase the yield from their respective divisions by visiting pain upon the business customers and end users their platform connects. By tiny increments, they increase the product's cost, lower its reliability, and strip it of its utility and then charge rent to restore its functionality:

https://pluralistic.net/2023/10/24/cursed-bigness/#incentives-matter

This is the terminal stage of enshittification, the unstoppable autocannibalism of platforms as they seek to harvest all the value created by business customers and end users, leaving the absolute minimum of residual value needed to keep both stuck to the platform. This is a brittle equilibrium, because the difference between "I hate this service but I just can't stop using it," and "Get me the fuck out of here" is razor-thin.

All it takes is one tiny push – a whistleblower, a livestreamed mass-shooting, a Cambridge Analytica – and people bolt for the doors. This triggers the final stage: the "pivot," which is a tech euphemism for "panic."

For Zuck, the pivot got real after a disappointing earnings call triggered a mass sell-off of Facebook stock, history's worst one-day value incineration, which lopped a quarter of a trillion dollars off the company's market cap:

https://www.bloomberg.com/news/articles/2022-12-19/dramatic-stock-moves-of-2022-led-by-meta-dive-nordic-flash-crash

This was when the metaverse became the company's top priority.

Now, in my theory of enshittification, the step that follows the pivot is death: "Finally, they abuse those business customers to claw back all the value for themselves. Then, they die":

https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys

Many people have asked me about the conspicuous non-death of Facebook! That's where I have to fall back on Stein's Law: "Anything that can't go on forever eventually stops." Facebook can't continue to annihilate value, alienate its workers, harm the public, hemorrhage money in support of a mediocrity's cherished folly forever. Can it?

Admittedly, it sure seems like it can. Facebook's metaverse pivot has thus far cost the company $46,500,000,000. That is: $46.5 billion. That's even more money than Uber torched, seeking to maintain the illusion that they will be able to create monopolies on both transport and the labor market for driving and recoup the billions the Saudi royal family let them use for the con:

https://pluralistic.net/2022/02/11/bezzlers-gonna-bezzle/#gryft

Don't worry: the Saudi royals are fine! They cashed out at the IPO, collecting a tidy profit at the expense of retail investors who assumed that a pile of shit as big as Uber must have a pony under it, somewhere:

https://pluralistic.net/2023/05/19/fake-it-till-you-make-it/#millennial-lifestyle-subsidy

Uber has doubled the cost of rides and halved drivers' wages, using illegal gimmicks like "algorithmic wage discrimination" to squeeze a little more juice out of the nearly exhausted husks of its workforce:

https://pluralistic.net/2023/04/12/algorithmic-wage-discrimination/#fishers-of-men

But Stein's Law hasn't been repealed. Drivers can't drive for sub-subsistence wages. Do that long enough and they'll literally starve: that's what "subsistence" means. We lost a decade of transit investment thanks to the Uber con, at the same time as traditional taxi drivers were forced out of the industry. Uber can't be profitable and still pay a living wage, and the fantasy of self-driving cars as a means of zeroing out the wage-bill altogether remains stubbornly, lethally unworkable:

https://pluralistic.net/2022/10/09/herbies-revenge/#100-billion-here-100-billion-there-pretty-soon-youre-talking-real-money

Which means we're at the point where you can get off a commuter train at a main station and find yourself stranded: no taxis at the taxi-queue, no busses due for an hour, and no Uber cars available unless you're willing to pay $95 for a ten-minute ride in a luxury SUV (why yes, this did happen to me recently, thanks for asking).

As more and more of us are exposed to these micro-crises, the political will to do something will increase. This can't go on forever. "Don't use commuter rail" isn't a viable option. "Walk three miles each way to the commuter rail station" isn't viable either. Neither is "Pay $95 for an Uber to get to the station." Something's gotta give…eventually.

"Eventually" is the key word here. Remember the corollary of Stein's Law: Keynes's maxim that "markets can remain irrational longer than you can remain solvent." Sure, anything that can't go on forever eventually stops, but that is no guarantee of a soft landing. You can't smoke two packs a day forever – but in the absence of smoking cessation, the eventual terminus of that habit is stage-four lung cancer. Keep hammering butts into your face and your last smoke will come out a crematorium chimney.

Zuckerberg hasn't merely blown a whole-ass Twitter on the metaverse with nothing to show for it – he's gotten richer while doing it! In the past year, his net worth increased by 130%, to $59 billion, thanks to an increase in Facebook's share-price, driven by investors who stubbornly remain irrational, keeping the Boy Emperor solvent long past any reasonable assessment of his performance.

What are these investors betting on? One possibility is that the rise and rise of Facebook's share-price represents a bet on technofeudalism. Since the Communist Manifesto, Marxists have been predicting the end of capitalism. That end seems to have come, but what followed capitalism wasn't socialism, it was the return of feudalism, an economic system where elites derive their wealth from rents, not profits:

https://pluralistic.net/2023/09/28/cloudalists/#cloud-capital

Profit is the income you get from investing in capital – machinery, systems, plant – and then harvesting the surplus value created by workers who mobilize this capital. Capitalism produces massive returns for its winners – in the Manifesto's first chapter, Marx and Engels just geek out about how productive and dynamic this system is.

But capitalism is also a Red Queen's Race, where the winners have to run faster and faster to stay in the same place. Capitalism drives competition, as other would-be winners pile into the sector, replicating the systems that the current winners are using and then improving on them. This is why the prophets of capitalist end-times like the FBI informant Peter Thiel say that "competition is for losers."

Capitalism's "profits" stand in contrast to the feudalist's "rents." Rents are income you get from owning something that other people need to produce things. The capitalist owns the coffee-shop, but the feudalist owns the building. When a rival capitalist opens a superior coffee-shop and drives the old shop out of business, the capitalist loses, but the rentier wins. Now they can rent out an empty storefront in the neighborhood everyone's coming to because of that hot new cafe.

Feudal and manorial lords also made their fortunes by extracting surplus value from workers, but these rentiers don't care about owning the means of production. The peasant in the field pays for their own agricultural equipment and livestock – control over the means of production is necessary for worker liberation, but it's not sufficient. The worker's co-op that owns its factory can still find the value it produces bled off by the landlord who owns the land the factory sits on.

The jury's still out on whether American workers really see themselves as "temporarily embarrassed millionaires," but America's capitalists have a palpable, undeniable loathing for capitalism. The dream of an American "entrepreneur" is *PassiveIncome: money you get from owning something capitalists and/or workers use to create value. Digital technology creates exciting new possibilities for rent-extraction: a taxi-operator had to buy and maintain a car that someone else drove. Uber can offload this hassle onto its drivers and rent out access to the chokepoint it created between drivers and riders, charging all the traffic can bear. This is feudalism in the cloud – or as Yannis Varoufakis calls it, cloudalism.

In Varoufakis's Technofeudalism, he describes Amazon as a feudal venture. From a distance, Amazon seems like a bustling marketplace of manic capitalism, with sellers avidly competing to offer more variety and lower costs in a million independently operated storefronts. But closer inspection reveals that Amazon is a planned economy, not a market.

Every one of those storefronts pays rent to the same landlord – Amazon – which determines which goods can be offered for sale. Amazon sets pricing for those goods, and extracts 45-51% of every dollar those sellers make. Amazon even controls which goods are shelved at eye-height when you enter the store, and which ones are banished to a dusty storeroom in a distant sub-basement you'll never find:

https://pluralistic.net/2023/06/14/flywheel-shyster-and-flywheel/#unfulfilled-by-amazon

Zuck's metaverse is pure-play technofeudalism, Amazon taken to the logical extreme. It's easy to get distracted by the part of Zuck's vision that will convert us all into legless, sexless, heavily surveilled low-resolution cartoon characters. But the real action isn't this digitization of our fleshy wants and needs. Zuck didn't spend $46.5B to torment us.

The cruelty isn't the point of the metaverse.

The point of the metaverse is to rent us out to capitalists.

Zuck doesn't know why we would use the metaverse, but he believes that if he can convince capitalists that we all want to live there, that they'll invest the capital to figure out how to serve us there, and then he can extract rent from those capitalists and start earning "passive income." It's an Uber for Cyberpunk Dystopias play.

Zuck's done this before. Remember the "pivot to video?" Zuckerberg wanted to compete with Youtube, but he didn't want to invest in paying for video production. Videos are really expensive to produce and the median video gets zero views. So Zuck used his captive audience to trick publishers into financing his move into video. He fraudulently told publishers that videos were blowing up on Facebook, outperforming boring old text by vast margins.

Publishers borrowed billions and raised billions more in the capital markets, financing the total conversion of newsrooms from text to video and precipitating a mass extinction event for print journalists. Zuck kept the con alive by giving away (fewer) billions to some of those publishers, falsely claiming that their videos were generating fortunes in advertising revenue. These lucky, credulous publishers became judas goats for their industry, luring others into the con, the same way that the "lucky" guy a carny lets win a giant teddy-bear at the start of the day lures others into putting down $5 to see if they can sink three balls in a rigged peach-basket.

But when we stubbornly refused to watch videos on Facebook, Zuck stopped spreading around these convincer payouts, and precipitated a second mass-extinction event in news media, as the new generation of video journalists joined their predecessors in Facebook-driven unemployment. Given this history, it's surreal to see publishers continue to insist that Facebook is stealing their content, when it is so clearly stealing their money:

https://www.eff.org/deeplinks/2023/04/saving-news-big-tech

Metaverse is the new Pivot to Video. Zuckerberg is building a new world, which he will own, and he wants rent it to capitalists, who will compete with one another in just the way that Amazon's sellers compete. No matter who wins that competition, Zuckerberg will win. The prize for winning will be a rent increase, as Zuckerberg leverages the fact that your "successful" business relies on Facebook's metaverse to drain off all the value your workers have produced:

https://pluralistic.net/2022/12/18/metaverse-means-pivot-to-video/

This can't last forever, but how long until Zuck's reality distortion field runs out of battery? That's the $46.5B question.

The market can certainly remain irrational for a hell of a long time. But the market isn't the only force that regulates corporate outcomes. Regulators also regulate. Europe's GDPR is now seven years old, and it plainly outlaws Facebook's surveillance.

For nearly a decade, Facebook has pretended that this wasn't true, and they got away with it. Mostly, that's thanks to the fact that Ireland is a corporate crime-haven with a worse-than-useless Data Protection Commission:

https://pluralistic.net/2023/05/15/finnegans-snooze/#dirty-old-town

But anything that can't go on forever will eventually stop. Facebook has finally been dragged into EU federal jurisdiction, where it will face exterminatory fines if it continues to spy on Europeans:

https://pluralistic.net/2022/12/07/luck-of-the-irish/#schrems-revenge

In response, Facebook has rolled out a subscription version of its main service and its anticompetitive acquisition, Instagram:

https://about.fb.com/news/2023/10/facebook-and-instagram-to-offer-subscription-for-no-ads-in-europe/

For €10/month, Facebook will give you an ad-free experience across its service offerings (it's €13/month if you pay through an app, as Facebook recoups the 30% #AdTax rents that the feudal Google/Apple mobile duopoly extracts).

But this doesn't come close to satisfying Facebook's legal obligations under the GDPR. The GDPR doesn't ban ads, it bans spying. Facebook spies on every single internet user, all the time. The apps we use are built with "free" Facebook toolkits that extract rent from the capitalists who make them by harvesting our data as we use their apps. The web-pages we visit have embedded Facebook libraries that do the same thing for web publishers. Facebook buys our data from brokers. Facebook has so many ways of spying on us that there's almost certainly no way for Facebook to stop spying on you, without radically transforming it operation.

To comply with the GDPR, Facebook must halt surveillance advertising altogether. There's no way to square "spying on users" with "you can't surveil without explicit consent, and you can't punish people for refusing."

And of course, "not spying" isn't the same as "not advertising." "Contextual advertising" – where ads are placed based on the thing you're looking at, not who you are and what you do – is hundreds of years old. Context ads underperform surveillance ads by a slim margin – about 5% – but they're vastly more profitable for publishers. That's because surveillance ads are feudal, controlled by rentiers like Facebook, who own vast troves of the surveillance data needed to run these ads. Traditional ad intermediaries (agencies, brokers) took 10-15% out of the total advertising market. Ad-tech companies – the Google/Facebook duopoly – take 51% out of every ad dollar spent.

Eliminate surveillance ads and you torch their feudal estates. Facebook will always know more about someone reading a news article than the publisher – but the publisher will always know more about the article than Facebook does:

https://www.eff.org/deeplinks/2023/05/save-news-we-must-ban-surveillance-advertising

There are rents under capitalism, just as there are profits under feudalism. The defining characteristic of a system is what happens when rents and profits come into conflict. If profits win – for example, if productive companies beat patent trolls, or if news publishers escape Facebook's rent-extraction – then the system is capitalist. If rents win – if investors continue to bet large on the metaverse as its losses pass $50 billion and head for the $100 billion mark – then the system is feudal.

Anything that can't go on forever will eventually stop. The question isn't whether the platforms will eventually become so enshittified that they die – the question is whether they will go down in an all-consuming fireball, or whether they'll go down in a controlled demolition that lets us evacuate the people they've trapped inside them first:

https://pluralistic.net/2023/07/09/let-the-platforms-burn/

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/10/30/markets-remaining-irrational/#steins-law

Image: Diego Delso (modified) https://commons.wikimedia.org/wiki/File:Puente_de_las_cataratas_Victoria,_Zambia-Zimbabue,_2018-07-27,_DD_10.jpg

CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/

#pluralistic #mark zuckerberg #meta #enshittification #facebook #twitter #elon musk #billionaires #follies #failing up #metaverse #steins law #big tech #technofeudalism

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sexymemecoin · 1 year ago

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The Metaverse: A New Frontier in Digital Interaction

The concept of the metaverse has captivated the imagination of technologists, futurists, and businesses alike. Envisioned as a collective virtual shared space, the metaverse merges physical and digital realities, offering immersive experiences and unprecedented opportunities for interaction, commerce, and creativity. This article delves into the metaverse, its potential impact on various sectors, the technologies driving its development, and notable projects shaping this emerging landscape.

What is the Metaverse?

The metaverse is a digital universe that encompasses virtual and augmented reality, providing a persistent, shared, and interactive online environment. In the metaverse, users can create avatars, interact with others, attend virtual events, own virtual property, and engage in economic activities. Unlike traditional online experiences, the metaverse aims to replicate and enhance the real world, offering seamless integration of the physical and digital realms.

Key Components of the Metaverse

Virtual Worlds: Virtual worlds are digital environments where users can explore, interact, and create. Platforms like Decentraland, Sandbox, and VRChat offer expansive virtual spaces where users can build, socialize, and participate in various activities.

Augmented Reality (AR): AR overlays digital information onto the real world, enhancing user experiences through devices like smartphones and AR glasses. Examples include Pokémon GO and AR navigation apps that blend digital content with physical surroundings.

Virtual Reality (VR): VR provides immersive experiences through headsets that transport users to fully digital environments. Companies like Oculus, HTC Vive, and Sony PlayStation VR are leading the way in developing advanced VR hardware and software.

Blockchain Technology: Blockchain plays a crucial role in the metaverse by enabling decentralized ownership, digital scarcity, and secure transactions. NFTs (Non-Fungible Tokens) and cryptocurrencies are integral to the metaverse economy, allowing users to buy, sell, and trade virtual assets.

Digital Economy: The metaverse features a robust digital economy where users can earn, spend, and invest in virtual goods and services. Virtual real estate, digital art, and in-game items are examples of assets that hold real-world value within the metaverse.

Potential Impact of the Metaverse

Social Interaction: The metaverse offers new ways for people to connect and interact, transcending geographical boundaries. Virtual events, social spaces, and collaborative environments provide opportunities for meaningful engagement and community building.

Entertainment and Gaming: The entertainment and gaming industries are poised to benefit significantly from the metaverse. Immersive games, virtual concerts, and interactive storytelling experiences offer new dimensions of engagement and creativity.

Education and Training: The metaverse has the potential to revolutionize education and training by providing immersive, interactive learning environments. Virtual classrooms, simulations, and collaborative projects can enhance educational outcomes and accessibility.

Commerce and Retail: Virtual shopping experiences and digital marketplaces enable businesses to reach global audiences in innovative ways. Brands can create virtual storefronts, offer unique digital products, and engage customers through immersive experiences.

Work and Collaboration: The metaverse can transform the future of work by providing virtual offices, meeting spaces, and collaborative tools. Remote work and global collaboration become more seamless and engaging in a fully digital environment.

Technologies Driving the Metaverse

5G Connectivity: High-speed, low-latency 5G networks are essential for delivering seamless and responsive metaverse experiences. Enhanced connectivity enables real-time interactions and high-quality streaming of immersive content.

Advanced Graphics and Computing: Powerful graphics processing units (GPUs) and cloud computing resources are crucial for rendering detailed virtual environments and supporting large-scale metaverse platforms.

Artificial Intelligence (AI): AI enhances the metaverse by enabling realistic avatars, intelligent virtual assistants, and dynamic content generation. AI-driven algorithms can personalize experiences and optimize virtual interactions.

Wearable Technology: Wearable devices, such as VR headsets, AR glasses, and haptic feedback suits, provide users with immersive and interactive experiences. Advancements in wearable technology are critical for enhancing the metaverse experience.

Notable Metaverse Projects

Decentraland: Decentraland is a decentralized virtual world where users can buy, sell, and develop virtual real estate as NFTs. The platform offers a wide range of experiences, from gaming and socializing to virtual commerce and education.

Sandbox: Sandbox is a virtual world that allows users to create, own, and monetize their gaming experiences using blockchain technology. The platform's user-generated content and virtual real estate model have attracted a vibrant community of creators and players.

Facebook's Meta: Facebook's rebranding to Meta underscores its commitment to building the metaverse. Meta aims to create interconnected virtual spaces for social interaction, work, and entertainment, leveraging its existing social media infrastructure.

Roblox: Roblox is an online platform that enables users to create and play games developed by other users. With its extensive user-generated content and virtual economy, Roblox exemplifies the potential of the metaverse in gaming and social interaction.

Sexy Meme Coin (SEXXXY): Sexy Meme Coin integrates metaverse elements by offering a decentralized marketplace for buying, selling, and trading memes as NFTs. This unique approach combines humor, creativity, and digital ownership, adding a distinct flavor to the metaverse landscape. Learn more about Sexy Meme Coin at Sexy Meme Coin.

The Future of the Metaverse

The metaverse is still in its early stages, but its potential to reshape digital interaction is immense. As technology advances and more industries explore its possibilities, the metaverse is likely to become an integral part of our daily lives. Collaboration between technology providers, content creators, and businesses will drive the development of the metaverse, creating new opportunities for innovation and growth.

Conclusion

The metaverse represents a new frontier in digital interaction, offering immersive and interconnected experiences that bridge the physical and digital worlds. With its potential to transform social interaction, entertainment, education, commerce, and work, the metaverse is poised to revolutionize various aspects of our lives. Notable projects like Decentraland, Sandbox, Meta, Roblox, and Sexy Meme Coin are at the forefront of this transformation, showcasing the diverse possibilities within this emerging digital universe.

For those interested in the playful and innovative side of the metaverse, Sexy Meme Coin offers a unique and entertaining platform. Visit Sexy Meme Coin to explore this exciting project and join the community.

#crypto #blockchain #defi #digitalcurrency #ethereum #digitalassets #Sexy Meme Coin #bitcoin

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makeitrealfromfictional · 20 days ago

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Other

Virtual Reality

How close we are to Ready Player One (Oasis) and other fictional virtual reality games

The Readyverse launched in 2024 (but is still growing; as of 2025, it’s in Early Access), in collaboration with the book author and one of the film producers. The Readyverse was stated to be a “multi-world, interoperable metaverse experience that will allow users to own avatars, participate in virtual spaces, and more.” (Links: 1 2 3 4 5)

Otherwise:

2018: Viveport's OASIS beta, including Planet Gauntlet, Planet Doom – Battle for the OASIS, and Planet Doom – Rise of the Gunters

2022: Meta Oasis

TheWaveVR recreated the experience from the antigravity dance/rave scene.

Sansar recreated Aech's garage.

+ Bonus: (These are involved, but we’re kind of real to begin with, so I’ll just stick these here.) At the time I started this list, I’d found a full-body haptic “full dive” suit and omni-directional treadmill. That suit company “went dark”, but there are full-body haptic “Teslasuits” (not affiliated with Tesla.)

Log Horizon’s Elder Tale: In this post, someone mentions that an independent game developer is trying to make Elder Tale as an actual game, and provides a link, though that link doesn’t seem to be working. There is, however, Ancient Tales/here/link, a game based on Log Horizon. Due to the name and the fact that the game doesn’t seem to feature any of the anime characters’ avatars (and instead allows you to create one), I think this is based on the game-within-the-show. It’s hard to tell, cause it’s in Russian.

Summer Wars’ Oz: The Oz world was created as a VRoid app in 2019, and then as a web-based game in 2021.

Links lead to —> geektyrant.com, latimes.com, forbes.com, miethereum.com, decrypt.co, blockonomi.com, roadtovr.com, youtube.com, inverse.com, modemworld.me, youtube.com, youtube.com, reddit.com, ancient-tales.ru, youtube.com, massivelyop.com, crunchyroll.com, and crunchyroll.com, respectively.

#defictionalization #fictional #makeitreal #makeitreal internet locations #makeitrealother #ready player one #the oasis #vr games #virtual reality #summer wars #log horizon

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oil-diffuser · 1 month ago

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Neal Stephenson’s 1992 novel Snow Crash presented the world with the concept of the “metaverse,” imagined in the book as a fully immersive virtual reality in which people interact through digital avatars. Facebook founder Mark Zuckerberg was so influenced by the novel that, in 2021, he changed the company’s name to Meta, signaling his desire to realize a version of Stephenson’s idea. The book was also an inspiration for the development of Google Earth, and was mandatory reading for all members of the Xbox team led by Microsoft executive J. Allard. These examples suggest that the role of technology is best understood not as an agent of capital, but rather as an agent of imagination. Precisely because science fiction is so generative for our technological imaginaries, we need it to be genuinely experimental, committed to an expansive reimagining of not only what technology is, but what the future can be—and, most importantly, who gets to create it.

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dojae-huh · 9 months ago

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Naevis

Naevis will debut soon. Her origin story is being revealed bit by bit.

Business reports say SM invests a huge amount into developing metaverse and avatars (other companies just buys shares in successful projects like Plave). Naevis has its own centre in the company.

I like the approcah. That Naevis is not an erzatz of an average real flesh idol (like all other current digital bg and gg are). It is an AI exploring the human world. It's a cartoon, a proper character in a story, not an empty emulation of a successful business model (an idol group married to novel harem games).

Naevis also doesn't have one shape. SM can hire any artist and use any media. Both helping the animators earn money, and bringing diversity/novelty to the audience. Fans are given a new fantasy world and not just fanservice.

Many NCTzens see resemblance with Doyoung (the 3D model), heh. I'm reminded of Ayanami Rei's design, the love of all nerds in 90s. So many current computer game companies regularly reference Evangilion and NERV (I really need to watch the classic, keep posponing it).

Naevis is A1, not her sister A0 (01 binary code). Would SM play on "patient zero" theme?

Singers hiding behind avatars is not new. Gorillaz are known globally. In Russia there was a pop-star who started as a cartoon before appearing in publich in flesh to add mystery and hype. There were anime pop-groups. KDY projects showed how video characters can become pop-stars. And, of course, Vocaloids. 11 years ago. Wait for Miku and Naevis to have a duet in Japan, haha.

#threeone #notes in the margins

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priyankashares · 11 months ago

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Breaking Boundaries: How Metaverse Development Companies are Shaping the Future

In today’s fast-paced digital world, the idea of the Metaverse has transformed from a mere fiction into a real and engaging space that is set to revolutionize how we interact with technology. Leading the charge are the metaverse development companies, who are shaping the future. They are pushing limits, questioning norms, and building the groundwork for a future where the lines between the real and virtual worlds fade away.

The metaverse has become a hot topic, grabbing the attention of tech experts, investors, and fans. It’s a virtual reality world where people can interact with 3D environments and each other, opening up endless opportunities and exciting possibilities.

“In January 2023, Google saw about 1.9 million searches worldwide for the word ‘metaverse’.”

With the rising popularity of the metaverse, there’s a growing demand for companies specializing in metaverse development to build and manage these virtual worlds.

Creating immersive and lifelike environments is crucial in metaverse development. This involves a strong grasp of technical and creative elements to create virtual worlds that feel real. A Metaverse development company needs a skilled team capable of everything from 3D modeling and animation to programming and interface design, ensuring captivating user experiences.

In this article, we’ll discuss the importance of metaverse development and the key role played by Metaverse Development Companies in shaping this advanced digital world.

What Is Metaverse?

The Metaverse is a collective virtual shared space, created by the convergence of virtual reality (VR), augmented reality (AR), the internet, and other emerging technologies. It’s essentially a digital universe where users can interact with each other and digital objects in real-time, often through avatars.

The concept originated from science fiction but is now becoming a reality with the advancement of technology. It’s envisioned as a persistent, immersive, and interconnected virtual world with limitless possibilities for socializing, gaming, business, education, and much more.

Important Statistics Showing the Metaverse’s Success:

By 2027, the global metaverse market is projected to expand at a Compound Annual Growth Rate (CAGR) of 47.2%, from $61.8 billion to an impressive $426.9 billion.

In the metaverse, real estate worth over $500 million has already been sold.

Nearly 400 million users actively engage with the metaverse every month.

The metaverse is currently under active development by over 500 companies.

Research predicts that by 2026, at least 25% of people will spend at least one hour daily in the metaverse, whether for work, shopping, education, or entertainment.

Why are new entrepreneurs investing in metaverse development companies?

Let’s explore how metaverse developers can assist businesses in various ways:

Creating a unique virtual world

Metaverse development companies help businesses in creating a unique and captivating virtual environment. They contribute to designing its appearance, integrating interactive features, and programming functionalities to enhance user immersion and enjoyment, ultimately setting them apart from competitors.

Building a social platform

Metaverse development companies can assist entrepreneurs in constructing a social platform within their virtual world. This platform enables users to interact and form communities, fostering a sense of belonging and community spirit. Such initiatives often result in increased user engagement and loyalty.

Generating revenue from the virtual world

Metaverse experts can aid entrepreneurs in monetizing their virtual world using strategies like in-world advertisements, virtual currencies, and other monetization methods. This approach can generate income for the entrepreneur and establish a sustainable business model for their virtual world.

Technical Support

Metaverse experts can assist entrepreneurs with technical support for maintaining, updating, and troubleshooting their virtual world. This support allows entrepreneurs to focus on community building and monetization efforts without worrying about technical issues.

Creating Networking Opportunities

Metaverse developers can facilitate networking for entrepreneurs by connecting them with other professionals in their industry or potential investors. This networking can significantly contribute to the growth of their business.

Fostering Innovation

Metaverse developers aid entrepreneurs in staying at the forefront of technology and innovation. This support enables entrepreneurs to remain competitive and attract new users.

Therefore, a metaverse development company can assist entrepreneurs in establishing and sustaining a thriving virtual world that appeals to users and generates revenue. They offer comprehensive services covering technical and creative aspects, enabling entrepreneurs to concentrate on expanding their businesses and communities.

How Metaverse Development Companies are Shaping the Future?

Metaverse development companies are driving a significant shift across industries, leveraging cutting-edge technology to redefine how we experience and interact with the world. Let’s explore how these companies are shaping tomorrow’s world today.

Real Estate

Virtual property tours have become a game-changer in the real estate industry, with a staggering 49% increase in sales attributed to these immersive experiences. These tours allow potential buyers to explore properties remotely, providing a comprehensive view of the space without the need for physical visits. Enhanced visualization tools further augment this experience, enabling buyers to customize virtual spaces and visualize potential renovations or designs. As a result, decision-making processes are streamlined, leading to quicker transactions and a 30% reduction in time-to-sale.

Healthcare

Metaverse development companies are making significant strides in healthcare by leveraging virtual reality (VR) technology. VR therapy sessions, for instance, have shown remarkable results, with a 65% improvement in patient outcomes compared to traditional therapy methods. Telemedicine platforms powered by the Metaverse enable healthcare providers to conduct virtual consultations, reaching and serving remote patients effectively. Furthermore, training simulations using VR technology are enhancing medical education and skills development among healthcare professionals.

Education

The education sector is witnessing a transformational shift with the integration of Metaverse technology. Immersive learning experiences within virtual environments have led to a remarkable 78% rise in student engagement. Virtual classrooms break down geographical barriers, providing students worldwide with access to quality education and expert instructors. Interactive simulations offer hands-on learning opportunities, facilitating better understanding and retention of complex concepts across various subjects.

Gaming

Metaverse development companies are at the forefront of revolutionizing the gaming industry. Virtual worlds created by these companies offer unparalleled levels of immersion and social interaction for gamers. In-game economies driven by virtual currencies are fostering a new wave of virtual commerce and entrepreneurship. The rise of eSports tournaments within the Metaverse has attracted millions of viewers and lucrative sponsorships, cementing gaming as a major entertainment and economic force in the digital realm.

Fashion

Fashion is embracing the Metaverse with innovative experiences such as virtual try-on sessions. These experiences not only reduce returns but also enhance customer satisfaction by allowing individuals to visualize how clothing and accessories look on them before making a purchase. Digital fashion shows hosted in virtual environments are expanding the reach of designers and brands globally, democratizing access to fashion events. Additionally, the use of non-fungible tokens (NFTs) is revolutionizing ownership and authenticity within the fashion industry, creating new avenues for creators and collectors alike.

Finance

Metaverse development companies are reshaping the financial landscape through virtual banking and investment platforms. These platforms offer personalized experiences tailored to individual financial needs and goals. Blockchain technology, integral to the Metaverse, ensures secure and transparent transactions, enhancing trust and efficiency in financial services. Metaverse assets, including virtual real estate and digital collectibles, are becoming valuable investment opportunities and diversification tools for individuals and institutions alike. Each of these industries showcases how Metaverse development companies are driving innovation, improving experiences, and shaping the future of business and interaction.

Conclusion

As the metaverse evolves and captures the interest of people and businesses, Metaverse Development Companies play a vital role. They act as the creators of the virtual world, blending various technologies to craft immersive, connected, and socially engaging digital experiences. With the rising need for metaverse development, partnering with a trusted Metaverse Development Company is crucial for those aiming to lead in this transformative digital era. Embracing the metaverse now opens doors to endless possibilities in the future.

ibentos is a leading Metaverse Development Company renowned for its innovative approach and expertise in creating dynamic virtual environments. With a focus on cutting-edge technology and user-centric design, Ibentos empowers entrepreneurs to unlock the full potential of the metaverse, from building captivating virtual worlds to implementing revenue-generating strategies. For those ready to embark on their metaverse journey and harness the power of this digital frontier, partnering with Ibentos ensures access to top-notch development solutions and industry-leading expertise. Take the first step towards a vibrant metaverse presence with Ibentos today!

Source: https://ibentos.com/blogs/breaking-boundaries-how-metaverse-development-companies-are-shaping-the-future/

#ai generated #metaverse #technology #event technology

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scottmorris02 · 12 hours ago

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The Future of Retail: Exploring Metaverse Virtual Mall Development

The concept of the Metaverse is transforming the digital landscape, and one of its most exciting applications is the Virtual Mall. A Metaverse Virtual Mall is an immersive, interactive 3D environment that replicates the experience of real-world shopping in a fully digital space. It enables users to browse, interact, and purchase products using virtual avatars while brands can engage with customers in innovative and personalized ways. Metaverse Virtual Malls Development go beyond traditional eCommerce by integrating advanced technologies like AR/VR, blockchain, NFTs, and AI. Users can try on clothes virtually, attend product launches, interact with digital sales assistants, and pay using cryptocurrency—all within a single, seamless ecosystem. These features not only enhance the customer experience but also open up new revenue models for businesses.

Key Features of a Metaverse Virtual Mall:

3D Storefronts:

Custom-designed virtual shops representing real brands.

Avatars & Social Interaction:

Shoppers interact, socialize, and attend virtual events.

AR/VR Integration:

Realistic product interaction using augmented or virtual reality.

Crypto & NFT Payments:

Secure transactions with support for digital assets.

Virtual Try-On:

Users can try products like clothes, makeup, and accessories in real-time.

Gamification:

Reward systems, quests, or virtual games to boost engagement.

AI Assistants:

Virtual shopping guides to enhance user experience.

Business Benefits :

Global Reach:

Sell products to a global audience without physical boundaries.

24/7 Availability:

Always online, always open.

Enhanced User Engagement:

Gamified experiences increase customer retention.

Brand Innovation:

Stand out by being an early adopter of futuristic retail tech.

New Revenue Streams:

Sell NFTs, virtual products, or advertise in the mall.

Why Choose Osiz for Metaverse Virtual Mall Development?Osiz stands out as a leading Metaverse Development Company, offering end-to-end Metaverse Virtual Mall Development solutions backed by over a decade of experience in blockchain, AR/VR, and Web3 technologies. As a trusted virtual mall development company, we specialize in creating highly immersive, scalable, and customizable digital shopping environments that align with your brand’s goals. From initial concept design and 3D modeling to full-scale development, deployment, and ongoing support, Osiz provides comprehensive Metaverse solutions under one roof. Our expertise in developing interactive, user-centric metaverse platforms makes us the go-to partner for businesses looking to establish a strong presence in the virtual retail space.

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metaverseconsultant · 2 years ago

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Advanced Metaverse Avatar Development Services

Get assured benefits with cutting edge technologies with the top Metaverse Avatar Development Services provider. Lead the market in no time with superfast Metaverse Avatar Development solutions from experts. Metaverse Avatar Development Company offers exclusive and extensive services for all your business needs.

#Metaverse Avatar Development Services #Metaverse Avatar Development #Metaverse Avatar Development Company

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henrymobileapp · 1 year ago

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In today's digital landscape, businesses constantly seek innovative solutions to improve efficiency, security, and transparency. Blockchain technology has emerged as a powerful tool, offering numerous advantages for companies across various industries. Here are some key benefits:

Enhanced Security: Blockchain uses cryptographic techniques to secure transactions and data sharing. By decentralizing information storage and using consensus mechanisms, it minimizes the risk of fraud and unauthorized access.

Increased Transparency: The distributed ledger nature of blockchain provides a transparent and unchangeable record of transactions. This transparency fosters trust among stakeholders and enables better accountability.

Cost Efficiency: Traditional business processes often involve intermediaries, leading to additional costs and delays. Blockchain eliminates the need for intermediaries by facilitating peer-to-peer transactions, reducing costs, and streamlining operations.

Smart Contract Execution: Smart contracts are self-executing contracts with predefined rules that automate and enforce the terms of agreements. By leveraging blockchain technology, businesses can streamline contract management processes, reduce administrative overhead, and mitigate disputes.

Data Integrity: The data stored on the blockchain is unchangeable and tamper-proof, ensuring its integrity and authenticity. This feature is particularly valuable for industries handling sensitive information, such as healthcare and identity management.

By leveraging the power of blockchain technology, businesses can transform their operations, drive innovation, and gain a competitive edge in digital transactions.

Partnering with a reputable blockchain development company is crucial for businesses seeking to integrate blockchain solutions. AnA Info stands out as a leading provider of cutting-edge blockchain solutions tailored to meet the unique needs of companies across industries.

#metaverse 3d avatar #crypto wallet #crypto marketplace #nft marketplace #opensea nft #binance marketplace #white label nft marketplace #nft selling sites #nft marketplace development company #nft marketplace development #nft marketplace development services

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knick-global · 1 year ago

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The top iOS game developer in India is Knick Global, one of the top software development firms in the nation. With a group of extremely talented and knowledgeable developers, Knick Global has carved out a place for itself in the gaming sector. The company's specialty is creating intriguing and interesting iOS games that captivate players for extended periods. To create excellent gaming experiences, the Knick Global team blends creative thought with technical competence.

#best 3d game development company in us #best nft game development company in us #game design and development company in us #game development company in usa #3d games #metaverse avatar development services in us #online games #across the spiderverse #top 2d game development company in us #nft game development company in usa

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brocoffeeengineer · 11 days ago

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Cinema to Social: How 3D Animation is Redefining Visual Communication

Animation has never been confined to cinema. What once belonged to the domain of large production houses like Pixar has now seeped into every corner of digital life—from video games and AR filters to social media reels. In 2025, 3D animation is not just a visual art form but a medium that adapts, evolves, and innovates with each new platform it encounters.

The transition from big screen to small screen didn’t happen overnight. As user engagement strategies changed and technology became more democratized, so did animation. But how exactly does 3D animation manage to stay relevant across such vastly different spaces—from storytelling-heavy blockbusters to bite-sized social media content? Let’s explore.

The Legacy of Pixar: Setting the Gold Standard

When Pixar released Toy Story in 1995, it was the first feature-length film made entirely with 3D animation. It wasn’t just a technical marvel—it was emotionally resonant. For years, Pixar films set the benchmark for what 3D animation could achieve, combining lifelike textures with universally relatable narratives.

Even today, studios like Pixar continue to push boundaries. In 2023, the release of Elemental showcased real-time rendering techniques that made fluid simulation more efficient without compromising quality. This kind of tech innovation trickles down and influences smaller studios and creators alike.

Shrinking the Canvas: Animation on Social Media

One of the biggest shifts for 3D animation has been adapting to the mobile-first world. Instagram, TikTok, and YouTube Shorts have become visual playgrounds. But the challenge here is scale and duration.

A film can take two hours to build a world. An Instagram reel? 30 seconds, if you’re lucky. This has given rise to a new breed of animators—nimble, creative, and platform-savvy. You’ll see 3D avatars, dynamic transitions, and AR effects built using platforms like Spark AR and Blender.

Take, for example, the viral success of Instagram creators like Polygon Runway, who use short videos to demonstrate complex 3D renders in fun, snackable formats. The focus isn’t on long-form storytelling but on aesthetics, technique, and innovation in brief flashes.

The Tools That Made it Possible

Software has played a key role in leveling the playing field. Programs like Blender (free and open-source), Cinema 4D, and Unreal Engine have allowed creators to produce professional-grade animation without needing Pixar-sized budgets.

Blender's recent updates, including GPU rendering and real-time viewport previews, have significantly reduced rendering time. Unreal Engine 5, meanwhile, is a favorite among game developers and filmmakers alike for its photorealistic lighting and ease of integration into live-action footage.

These tools are no longer niche; they’re becoming standard across industries—from architecture to advertising.

Branding Meets Animation

Another booming area where 3D animation has thrived is in brand storytelling. Whether it's a tech company launching a product or a fashion brand teasing a new collection, animated content is often the star of the show.

A recent example includes Nike's 2024 “Future Run” campaign, which featured 3D-animated sneakers sprinting through surreal, city-like terrains. The video garnered over 15 million views across platforms, thanks to its visually arresting design and cross-platform adaptability.

What’s clear is this: animation is no longer just about characters. It’s about experiences—immersive, captivating, and inherently shareable.

Gaming and the Rise of Metaverse-Style Worlds

Gaming continues to be one of the largest sectors benefiting from 3D animation. With titles like Fortnite, Genshin Impact, and Cyberpunk 2077 setting expectations for visual fidelity, animators are constantly pushing the envelope.

But beyond traditional gaming, there's also the metaverse—a loosely defined space where virtual and real worlds blend. Companies like Meta and Roblox are investing billions in creating shared virtual environments where avatars, environments, and interactions rely entirely on 3D modeling and animation.

According to a 2025 report by Deloitte, over 60% of Gen Z consumers interact with at least one form of metaverse content weekly, many of which are animated environments or avatars. The implications are huge, especially for freelancers and studios exploring new revenue models.

The Role of AI in Animation Evolution

It’s impossible to discuss modern animation without mentioning artificial intelligence. AI tools like RunwayML and NVIDIA’s Omniverse are making it easier to animate complex scenes, predict motion, and even auto-generate lip-sync for character dialogue.

AI can also analyze performance metrics to understand what types of animation work best on specific platforms. That means a reel on Instagram could be optimized frame-by-frame using AI to increase viewer retention, something that was unimaginable just five years ago.

This doesn’t mean the animator is obsolete—far from it. Instead, AI becomes an assistant, taking over mundane tasks and allowing artists to focus on creativity and narrative depth.

Global Talent Pool and Local Skill Development

With remote work and digital collaboration becoming the norm, animators no longer need to be located in Hollywood or Tokyo to work on big projects. Talent is being sourced globally, and countries like India are emerging as major animation hubs.

This surge has sparked a sharp rise in demand for quality training. In cities like Bengaluru, institutes are offering comprehensive modules tailored for industry-readiness. From foundational techniques to advanced VFX compositing, students are immersing themselves in hands-on projects and real-world workflows.

Courses like a 2D animation course Bengaluru are no longer just about software proficiency—they are about understanding storytelling across formats, mastering workflows for social media, gaming, and cinema, and preparing for a multi-platform world.

The Culture Shift: Animation as a Language

Perhaps the most significant evolution in 3D animation is its role in culture. It’s no longer “just cartoons” or “visual effects.” It’s now part of how we communicate, sell, teach, and entertain.

Medical professionals use 3D animation to explain complex surgeries. Museums use it for interactive exhibits. Even educators are building VR environments to teach geometry and physics through immersive animation.

The demand for animated content is outpacing most traditional video production formats, and this trend is only expected to grow.

Looking Ahead: The Platform-Agnostic Future

As we look forward, the real challenge isn’t adapting animation to different platforms—it’s building content that thrives regardless of the platform. That means being nimble with format, creative with execution, and strategic with distribution.

Whether it’s a cinematic masterpiece or a looping 10-second animation for social media, what remains central is the ability to tell a compelling story with visuals that resonate.

In this fast-evolving landscape, cities like Bengaluru are becoming vibrant ecosystems for animation and VFX professionals. With a robust tech infrastructure and a growing demand for skilled artists, local institutions are stepping up to meet industry needs. Programs like a Animation course Bengaluru are creating a pipeline of talent ready to take on multi-platform storytelling—equipped with the right tools, skills, and creative confidence.

#2d animation #3d animation #vfx course

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