The Metaweek 2022

Metaverse, an avant-garde creation of the blockchain development world, even though being in its early innings, promises to deliver a trailblazing experience for millions of users and shake the world’s economy and innovative landscape. The market opportunity for launching the Metaverse may bring an annual revenue of over $1 trillion. Web 2.0 companies, tech giants like Facebook, have already picked up the Metaverse stance, raising questions on whether they will become centralisation proponents for Web 3.0 or not.

Breaking barriers between digital and physical space, Metaverse is best described as a virtual world with highly sophisticated visual and art experience and crypto based DeFi backbone, filled with self-governed communities, and powered by interoperable blockchain networks. Inside a Metaverse, users can share and store an unlimited amount of data, use self-sovereign IDs, play games and earn & trade digital assets, create limitless digital art pieces and play with NFTs and virtual…