The Metaverse is a term on everyone’s lips currently. How do NFT collections like the soon-to-mint Book of Gates fit into that convoluted concept? And how will the two develop each other? Let’s take a look.
Recapping the Metaverse
Part of the issue lies in the current ambiguity of the Metaverse for many people right now. Putting it simply, it’s an interconnected digital landscape of 3D virtual environments where people can work, play, socialize, collaborate, and join live eventing. Something of a ‘parallel universe’ online- but rich in immersive potential and novel concepts.
Many brand new technological concepts are involved in building this space, including both web3 and the blockchain. Web3 seeks to reimagine how we conceptualize ownership of the digital assets we consume, decentralizing their ownership and giving participants greater stakes- and say- in how these spaces grow and evolve. The blockchain, of course, gives the potential to secure and verify that underlying ownership. Coupled with the growing fields of augmented and virtual reality, it’s a powerful package.
NFTs are a vital part of this journey, part of the reason there’s been a heavy focus on these assets recently. Especially as we see NFTs with utility grow, they are becoming more than just pictures, but evolvable digital assets that can be integrated into these Metaverse landscapes.
How NFTs like Book of Gates Power the Metaverse
Take the Book of Gates NFTTrading Card Game, for example. This beautiful (and fun) new collection is uniting web3 gaming and NFTs in a unique way. Yes, players own their NFT assets, with the underlying Ethereumblockchain securing that ownership. But they can also participate in the fascinating story. From seeking their place in a world powered by secret orders, to exploring new worlds in a style reminiscent of the heydays of Hollywood grand adventures. Players will have the opportunity to grow and shape the game, not merely participate in it with what they’re given by a company as in classical AAA gaming. As web3 gaming NFT collections go, it’s one of the strongest entering the market at present.
Purchased NFTs like that of the Book of Gates represent ‘digital real estate’, in a way, that will be taken into the wider Metaverse. The Book of Gates web3 gaming experience will provide its own landscape within the wider concept of the Metaverse. Players control their presence in these varied landscapes, and can take such things as their ‘digital persona’ or ‘real estate’ into other Metaverse spaces as it becomes more widely populated.
While web3 gaming is one of the biggest thrusts in the Metaverse space currently, we’re seeing similar concepts widely explored. From using NFTs as tickets to digital events, to your personal avatar, and even digital fashion collections, there’s been a huge expansion of how these digital assets are conceptualized and used, and how they intersect with immersive online landscapes.
It’s a fascinating technology, and one that’s still in its infancy. No doubt we will see even more exciting things from this space soon!