[ad_1]

Despite all the hype around the metaverse, it’s easy to forget that it’s still in its infancy. While the term has only recently entered broad public awareness, its impact on how we interact with technology is already expected to have a profound impact. McKinsey & Company estimates that annual global spending within the metaverse Could reach $5 trillion by 2030 Across broad areas such as gaming, social, fitness, commerce, and distance learning.
The question of how to define and build technology with such broad capabilities is in flux. While a number of games – such as Roblox, Fortnite, and Minecraft – have been hailed as early examples of successful metaverse platforms, a more holistic approach will see unfettered interaction of players across these games. Interoperability between metaverse platforms is one major component to consider.
Witek Radomsky He is the chief technology officer and co-founder of Enjin, a blockchain technology company that makes products for the next generation of NFTs. Witek is the author of the ERC-1155 token standard, the only token standard that enables the configuration of both redeemable tokens and NFTs in a single smart contract.
[ad_2]
Source link