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Decoding Metaverse and its Business Opportunities - Metaverse Services - MoogleLabs

If you want to get into a business, you need to dig deep and analyze the market thoroughly. Take a unique business ideology and frame it with a user perspective. That is always the key to a successful business. Here, I listed some companies we can start in the metaverse.u00a0Read more...<br>

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Decoding Metaverse and its Business Opportunities - Metaverse Services - MoogleLabs

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  1. ​MOOGLELABS - SERVICES “Decoding Innovation” in AI/ML, Blockchain, DevOps, Data Science & Metaverse Many organizations are afraid to take the leap toward AI/ML, Blockchain, DevOps, and Data Science. MoogleLabs makes the journey streamlined and smooth for you. Founded by seasoned IT experts, the company has the resources to help your business embrace new-age technology. At MoogleLabs, we help you compete effectively by leveraging cutting-edge technology, and in this endeavor, we have a talented team that is certified in the technologies it works on. We have transformed businesses with our deep understanding of technology that can be utilized for various industries. The company is known for building a great client-business relationships by being transparent throughout the whole journey. MoogleLabs is always ready to better itself and provide its clients with the best services. 

  2. Metaverse​ The New Reality

  3. Overview of Metaverse​ Today, I’ll be covering the following points Technologies which can be integrated.​ Business Idea’s.​ Augmented reality (AR) and Virtual Reality (VR).​ Virtual office project description with live example.​ Artificial Intelligence (AI).​ Features involved.​ 3D Reconstruction.​ Explaining the working of project. Internet Of Things (IOT).

  4. Technologies Which Can Be Integrated or Used​ Augmented reality (AR) and Virtual Reality (VR)​ Artificial Intelligence (AI)​ 3D Reconstruction Internet Of Things (IOT)

  5. 01 Augmented Reality (AR) & Virtual Reality (VR)​ Virtual Reality Augmented Reality Augmented Reality and Virtual Reality are the gateways for metaverse solutions, but there are quite a lot of differences between these two. Augmented Reality lets users get exposure to the surroundings with interactive digital visuals, whereas virtual reality is a kind of programmed virtual environment. Users can access it via headphones and VR-powered glasses. 

  6. 02 Artificial Intelligence (A I)​ Artificial Intelligence (AI) is an emerging technology that many programmers are working on. It has the power to process the bulk volume of data, and the metaverse utilizes AI for non-players, some gaming elements that are part of metaverse gaming. 

  7. 03 3D Reconstruction​ 3D Reconstruction is not nearly new stuff and is used widely in the real estate and film industries. With the help of 3D cameras and realistic photo models, one can render physical objects and locations in the 3D dimension to the metaverse space. 

  8. 04 Internet Of Things (IOT) IOT, in similar terms, is tech that connects every other thing in the real world with the internet, via which one can send and receive messages automatically. IOT also uses machine language to collect data. 

  9. Business Ideas

  10. Road Map To Start A Metaverse Research, Dig Deep and Pick Precisely If you want to get into a business, you need to dig deep and analyze the market thoroughly. Take a unique business ideology and frame it with a user perspective. That is always the key to a successful business. Here, I listed some companies we can start in the metaverse. 

  11. Metaverse Gaming The younger generation gravitated towards gaming and will find gaming platforms very addictive in the future metaverse world. Building gaming platforms with immersive gaming experiences is one area with immense scope for business in the Metaverse world. 

  12. Metaverse E-commerce The younger generation gravitated towards gaming will find: 1. New Shopping Experience 2.  Virtual Reality 3. Augmented Reality 4. Shopping With AI Avatars 5. New Virtual Clothes Creation

  13. Metaverse Banking​ Imagine virtually entering a bank branch and using customer rep avatars' help to enter the vault and digitally deposit or take out money. Imagine being given the option to pay with dollars in your savings account, a digital currency issued by the bank, or even through tokens from a digital wallet like Ethereum. These far-fetched theories hold the potential to come true at the back of banking in the metaverse.   Technologies that are a combination of decentralized and immersive tech stack. While decentralized technologies like NFT, DLT, and Web3 offer a resilient infrastructure and secure exchange approach, immersive technologies like AR/VR creates an enhanced virtual experience.   To truly understand the potential of metaverse use cases in banking, it is necessary to look at the evolution of banks – something that brought them to a stage where the industry is now prepared to introduce a new chapter.  

  14. Metaverse Teaching​ Nowadays, online learning is becoming mainstream, especially after the pandemic. The education sector is now dominantly focused on integrating immersive technologies into academic curricula to make learning fun and engaging. Here are a few metaverse applications in education:-   Virtual 3D classrooms With the emergence of online schools and colleges, students have begun to experience a gap between immersive physical classrooms and virtual ones. The metaverse can bridge this gap by creating 3D virtual classrooms where students can virtually meet and interact with their classmates and teachers. Students from any geographical location can be a part of this metaverse-powered learning setup and do much beyond what a physical classroom allows.   Digital learning When smart classes were added to school education curricula, they enhanced students’ learning with video projection on various subject topics. The metaverse aims to make these classrooms a notch smarter by allowing students to fully immerse in such videos, helping them experience all the content more closely. Moreover, it provides a space for them to experiment, fail and learn from their failures in subjects that require practical experiments. Even physical classes can use 3D virtual learning to achieve desired learning outcomes.   Virtual campus activities The metaverse allows students to participate in extra-curricular activities like sports and arts in a virtual setup. Students can undertake various fun activities like engaging in music or mathematics club, similar to physical campus activities. They can also walk around their virtual campus right from the comfort of their home.  

  15. Blockchain with Metaverse Many businesses have started experimenting with developing their proprietary blockchain solutions due to the advancement of blockchain technology. One such group is Metaverse.   The objective of Metaverse is to offer a scalable, safe, and simple-to-use blockchain platform. Additionally, it emphasizes the creation of digital assets and smart contracts. Users can build and release their distinctive digital assets using the Metaverse Digital Asset System, which can contain anything valuable like stocks, bonds, or even reward points. On the Metaverseblockchain, smart contracts are programs that may be used to control the transfer of digital assets automatically. Because it enables the creation of a virtual economy with different kinds of utility tokens and NFTs, cryptocurrency can be an excellent fit for the Metaverse. You can access digital assets using NFTs, including virtual houses and businesses, apparel for your avatar, digital art, and other virtual goods. Your digital assets will be shielded from copying and hacking thanks to NFT. 

  16. Virtual Office

  17. Features Proximity Chat Text Message Chat​ Flexible Screen Sharing Custom/Private Rooms Multifunctional Rooms Embedded Whiteboards

  18. Proximity Chat (Distance-Based Interactive System)​ Specialized algorithm to mimic how sound travel in real-life Video On when close-by Video Off

  19. Multifunctional Rooms​ 1-on-1 meeting room Private Office Space Conference Room For Group meeting or discussion (proximity chat turned off) General Office Room Productive cubicles (easy to find colleagues)

  20. Flexible & Immediate Screen Sharing​ Want to share screen? Just find a computer! Presentation Mode Pair Sharing Mode

  21. Text Message Chat (With Real Time Dialog Bubbles)​ Message show directly on top of the characters

  22. Embedded Whiteboards​

  23. Custom/Private Rooms​

  24. Technologies Used​ Phaser3 Colyseus Game engine WebSocket-based server framework React/Redux PeerJS Front-end framework​ WebRTC for video/screen sharing​ TypeScript and ES6 For both client and server sides​

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