The concept of the metaverse, which was popularized by Meta (ex-Facebook) in 2021, has gotten a ton of attention. To stay competitive in their various industries, businesses large and small from all over the world are looking at ways to adopt this technology.
However, the Metaverse is not the only realm that people in the modern world are familiar with. In actuality, the phrases multiverse and omniverse both convey the idea of an expanded universe beyond what we now experience and understand. We must dive further into the definitions of these terms in order to comprehend Metaverse, Multiverse, and Omniverse more fully. In this blog, we provide answers to a number of questions, including how these notions differ from one another, why the IT sector should care, and what the future of cyberspace will look like.
What is the Metaverse?
It would be best to comprehend each of these three ideas separately before moving on to analyze the distinctions between the Metaverse, Multiverse, and Omniverse. Therefore, let’s start with the idea of the Metaverse.
Metaverse is a concept that makes use of virtual things to provide realistic experiences by utilizing technologies such as blockchain, AR, VR, AI, IoT, and more. Metaverse users have the option to purchase virtual rooms to set up virtual shops. In addition, users can use VR glasses to go around the Metaverse and engage in activities like socializing with friends, meeting new people, shopping, playing video games, and marketing in the Metaverse.
The Metaverse is a virtual version of the real world that you can explore at your leisure. You can view and interact with objects that are merely graphical representations of either fictional or exact replicas of real objects by utilizing technologies like AR and VR.
In a nutshell, the Metaverse is a virtual version of the real world that you can explore at your leisure. You can view and interact with objects that are merely graphical representations of either fictional or exact replicas of real objects by utilizing technologies like AR and VR.
According to the Statista data mentioned above, the Web 2.0 Metaverse had the highest market valuation as of October 2021. With a staggering market value of 14.8 trillion USD, the margin was far bigger than the valuation of other top Metaverse divisions including gaming and eSports, and Facebook (Meta).
Features of the Metaverse
The Metaverse, however, is a vast idea with many components that must be explored in order to fully comprehend it. To help you comprehend the notion better, let’s divide its key components into pointers and then discuss each one separately.
Virtual reality
Metaverse primarily relies on virtual reality for even its most fundamental functions. Users are required to put on VR headsets with adequate intelligence to support all Metaverse experiences in order to enter this virtual world. These VR headsets serve as a conduit between users and the Metaverse experience, allowing for socializing, interacting with virtual objects, and shopping for items. As a result, the effective implementation of Metaverse and its growth would not only popularise the idea of a virtual but authentic shopping experience but also have a beneficial effect on the sales of VR headsets and other auxiliary equipment.
Augmented reality
Similar to the VR idea, AR allows users to explore virtual items without the use of VR glasses. To observe, explore, and experience virtual reality, one only needs to use the camera and screen of the device. By utilizing this technology, Metaverse is also enabling users who do not yet own VR glasses to participate in some restricted but incredible experiences. If you’ve tried Snapchat filters, Pokemon GO, or other similar experiences, you may be aware that AR typically inserts virtual items into the actual world by using your device’s camera to scan the environment. Through the device’s screen, users may see these virtual items that have been put in the actual environment.
Cybersecurity
Cybersecurity on Metaverse is provided by AI. Additionally, blockchain strengthens Metaverse’s cybersecurity qualities by utilizing ideas like transparency, immutability, performance, and more. Blockchain-enabled AI monitors servers in real-time to guarantee that quick decisions are made if any suspicious activity is found. These technologies come in handy for safeguarding the many components of Metaverse servers, including transactions, user data, NFTs, cryptos, etc.
Cryptocurrency and NFTs
Cryptocurrencies and non-fungible tokens (NFTs) are fundamental components of the Metaverse since they drive the technology’s business model. Using NFTs enables sellers and artists to maintain ownership and trade rights over the items they sell or buy on the Metaverse. One of the important participants in enabling NFTs on the Metaverse is Metaverse development businesses like Decentraland.
What is the Multiverse?
Multiverse, as its name suggests, is made up of the words multiple and universes. The term “multiverse” denotes a collection of different universes that you can imagine, investigate, or actually encounter. The phrase “Multiverse” is used to refer to a variety of fictitious universes in the actual world, but when used in the context of technology, the connotation is slightly different. In the field of technology, there are a number of platforms that are referred to as different universes. Social networking platforms, for instance, are one universe, and gaming platforms, are another. In the same way, there are two universes: one where you order meals from and the other where eCommerce sites exist.
Although both universes are a part of the same Multiverse, it is important to remember that they each have their own rules and regulations that do not affect one another.
Understanding the multiverse is easy. Your social media content is unaffected by everything you do in video games. On the other hand, certain games, like Uno, let you post your gaming accomplishments on social media. You transfer information across two universes in this way. But you can accomplish that since both realities are a part of the same Multiverse. Although both universes are a part of the same Multiverse, it is important to remember that they each have their own rules and regulations that do not affect one another.
What is the Omniverse?
Multiverses and Metaverses are both included in the notion of the Omniverse. The notion encompasses every aspect of multiverses and metaverses, making it the broadest one currently in use in technology. The idea enables integration of all Multiverses and Metaverses for improved data transfer, technology sharing, team projects, communication, and remote working, among other things. In other words, it is the most data that has been gathered about a single universe, and it keeps growing in parallel as more Multiverses and Metaverses are discovered.
The Distinctions between the Metaverse, Multiverse, and Omniverse
Based on the size of the data
In any case, if we compare the sizes of the data that each notion has to keep and exchange, it is pretty simple to recognize that Metaverse remains at the lowest level. Since Metaverse only describes one world, it is a compilation of facts from several sources. It refers to a location where various organizations can register to offer common people the best Metaverse projects centered on entertainment, retail, education, and other activities. But everything is done in a single location that might or might not grow as demands increase.
Omniverse easily wins the prize for having a significantly larger amount of data to store and sell.
The size, capacity, and ability to store data and permit data transactions of the Multiverse, on the other hand, are significantly greater than those of the Metaverse. As was already indicated, the cause is very straightforward. It consists of various Metaverses, each of which has its own set of laws, norms, and customs. The idea is not exclusive to Metaverses, though. The multiverse concept is actually used in a lot of ideas and fictional narratives.
The Omniverse, as previously stated, is far more complicated and vast in comparison to the Metaverse and Multiverse. Since Metaverses are a part of all potential Multiverses that could exist in reality, Omniverse easily wins the prize for having a significantly larger amount of data to store and sell. As it creates a world where everything resides inside the concept, an Omniverse also supports the idea of improved connectivity and data flow. Therefore, if someone controls the Omniverse, they have access to all data stored in all conceivable parallel storages within the Omniverse.
A Few Examples
There are numerous existing instances from the real world that serve as references when defining metaverses. Consider the case of Sandbox. With the sandbox, you may purchase virtual land, construct buildings, run businesses, and do much more on property that only exists in a virtual setting. While there are also other well-known Metaverses, such as Epic Games, where users can interact with friends and strangers in a unique but structured virtual environment while playing a variety of virtual games.
The multiverse, on the other hand, is a concept that allows for the concept of independent beings that have no impact on any other. We may use PUBG as an example to illustrate this. The operation of your Instagram account won’t be affected by where you play that. But you also have control over the PUBG content you want to share on Instagram, like screenshots, videos, and other media.
Omniverse, on the other hand, provides a fantastic real-life example that is far more understandable. The idea of NVIDIA-Omniverse is to support and connect various sectors on a single virtual platform. Supporting technologies like NVIDIA PhysX and RTX allow for more realistic ray tracing of lighting and better visual representations of textures and materials. Additionally, NVIDIA Omniverse makes use of AI to implement far smarter behavioral patterns and interactions for a variety of functions, including gaming and entertainment. NVIDIA Omniverse is made to make smarter collaborations possible and to assist businesses in making incredibly lifelike virtual representations of physical goods.
Which technology will be around for a long time and is here to stay?
Well, Metaverse is still growing significantly compared to Multiverse and Omniverse. Key players including Microsoft, Meta, and Google among others are promoting the technology. In addition, thousands of startups and established businesses are looking into how they may use Metaverse to establish a lasting presence on their servers. It is therefore safe to claim that Metaverse is a technology that may endure for a very long period. In addition, Metaverse has the chance to empower itself and make the onboarding of more industries easier than ever before because of the growing adoption of technologies like Web 3.0.
The terms “metaverse,” “multiverse,” and “omniverse” all refer to related but fundamentally distinct concepts. These ideas support the notions of connectedness, huge data handling, data transfer, etc.
The terms “metaverse,” “multiverse,” and “omniverse” all refer to related but fundamentally distinct concepts. These ideas support the notions of connectedness, huge data handling, data transfer, etc., while simultaneously separating operational units from one another. However, there are a number of variables that are boosting the appeal of these ideas, including the demand for more comfortable technology, an increase in virtual technologies, and more global user contact via the internet. A greater need for better connectivity is emerging as a result of these rising demands, which are producing an expanding volume of data.
Technology like Metaverse and Omniverse will become much more widespread in the future as successors of technologies like 5G become more widely used. There will be more instances from the actual world to discuss under the terms Omniverse and Multiverse as there are more organizations and a greater demand for connectivity.
