Mark Zuckerburg, the CEO Facebook announced this news on 29th of October during the keynote of the annual Facebook Connect event. The meet was mainly focused on the Metaverse. Following the keynote, Zuckerberg told "The Verge" that “I think we’re basically moving from being Facebook first as a company to being metaverse first,”.
So let me first explain about the Metaverse.
What Is Metaverse?
Metaverse is a speculative future iteration of the Internet part of shared virtual reality, often as a form of social media. The metaverse in a broader sense may not only refer to virtual worlds operated by social media companies but the entire spectrum of augmented reality. In simple words, the flat apps and websites that we are using today are going to be steadily replaced by 3D environments and shared spaces.
The term Metaverse arose in the early 1990s. But later popularised by Snow Crash, a sci-fi novel written by Neal Stephenson in 1992.
The metaverse specifies the collection of shared online worlds where the physical, augmented, and virtual reality converge. Here the people can buy things and services, hangout with friends, attend meetings, etc. But the users cannot switch between many virtual worlds that exist online. Because they cannot retain their identities and assets. This problem can be solved by the Metaverse as it turns the distinct online worlds into a single, seamless entity.
It is not a new idea of creating an alternative digital universe. It was a thing that has always existed in games. The digital goods economy and platforms that offer augmented and virtual reality is boosted by the NFTs, the mania of digital assets. This helps in making virtual experiences more realistic.
Metaverse NFT Marketplace Development
Metaverse NFT Marketplace Development is a process of developing a platform that lets the user create a virtual place or land with their imagination. In the metaverse, anyone can interact with their avatars and thus it is a second world that is full of avatars. The NFT Marketplace is nothing but a platform operating on the blockchain network. The users can buy, sell, bid metaverses.
If you are one among those who are looking for Metaverse NFT Marketplace, then Sellbitbuy is the apt place for developing your imaginary ideas into a Metaverse.
Metaverse NFT Marketplace Development Company - Sellbitbuy
As a leading cryptocurrency exchange development company, Sellbitbuy offers you a premium Metaverse NFT Marketplace Development Services to help you launch your own NFT Marketplace for Metaverse.
The ambitious entrepreneurs earn huge revenue from various sources like listing fees to display the crypto-collectibles sold by the content creators, a commission on the final selling price of each NFT, auction charges, income from the private sale of NFTs to a small group of investors, minting fees, transaction processing charges, and bidding fees.
Entrepreneurs can reap rewards by attracting millions of retail and institutional investors by developing an NFT marketplace with dedicated assistance from AppDupe.
Entrepreneurs aiming to build a top-notch NFT Marketplace can partner with AppDupe for achieving their business goals easily.
We can develop cutting-edge NFT marketplaces on different blockchain networks like Binance Smart Chain (BSC), Cardano, EOS, Ethereum, Polkadot, Solana and TRON.
Visit the blog to know more about How to create NFT Marketplace.
