The internet is constantly evolving. The one we use today is drastically different from the slow, text-based one everyone thought was excellent in the ’90s, and tomorrow’s internet will be an entirely new beast. If you’ve been following predictions on the future of the internet, you’re likely familiar with the terms “Web 3.0” and “the metaverse”.
“Metaverse” may be interchangeable with “Web 3.0” among techies. The complexity of blockchain is beyond their comprehension, and this ignorance acts as a barrier to meta-Web 3.0. The widespread availability of personal computers and the internet brought this misunderstanding into the past. Users of fax machines frequently compare it to email, and many people still struggle to differentiate between computer science and its practical uses.
In this article, we examine two different versions of the Web 3.0 metaverse and discuss their implications for the future of the Web.
Concept of Web 3.0
With the Blockchain, Web 3.0 is possible. First, upgrading from Web 2.0 to Web 3.0 is the technological basis for all online activity. In this view, the Metaverse is an auxiliary layer that expands upon the features of Web 3.0. In one seamless experience, it merges gaming, cinema, concert-style entertainment, social media, instruction, and training methods based on simulation.
The arrival of Web 3.0 will cause a significant shift in thinking about managing digital assets and online identities. The emergence of Web 2.0 over the past several years has been characterised by centralised product and service creation by businesses for user engagement; as a result, users have little to no say over what content they generate on the platform, and enterprises own everything. On Web 2.0, businesses oversee and profit from user-generated content. Users in Web 3.0 produce, curate, and monetise their content. Just how? By use of blockchain technology and cryptocurrency.
Online services are now administered by decentralised computers instead of a single company, making them accessible to everybody with a Bitcoin wallet and an internet connection. Users may manage their online personas and the extent to which their information is accessible with third-party apps using their secret code.
Concept of Metaverse
“Metaverse” refers to a network of interconnected hyperrealistic 3D virtual environments. In contrast to the ways we may communicate now, this is a strategy for interacting with others. It integrates augmented reality (AR), virtual reality (VR), video, and Blockchain to build online communities where digital characters like avatars and real people may live together.
Users may superimpose virtual information over their surroundings using a mobile smartphone or other augmented reality (AR) technology. By incorporating smell, sight, and sound, they bridge the gap between the real and virtual worlds. One may create a synthetic world entirely unlike the actual one using VR technology. This category includes, for instance, video games. Offering a realistic experience set against a virtual backdrop gives the impression that anything is possible.
Similarities between Metaverse and Web 3.0
Some aspects in which the Metaverse is similar to Web 3.0 include as follows:
- One standard description of Web 3.0 is its decentralisation, yet the Metaverse will remain an integral element so long as deep webs are around.
- One other area where Metaverse and Web 3.0 are comparable is in their use of Semantic Web technology, which is constantly improving.
- Incorporating AI, a crucial Metaverse and Web 3.0 component, is essential for developing an advanced user interface.
- Metaverse and Web 3.0 have similarities in areas such as using blockchain technology. This technology can serve as a module for integrating the Web3 engine, which will power the products and services in Metaverse.
Difference between Web 3.0 vs Metaverse
Let’s look at the Web 3.0 vs Metaverse with the help of some key points:
Definition
Of course, comparing the Metaverse with Web 3.0 begins with their definitions. The Metaverse is a completely immersive 3D environment that lets users interact with virtual reality items. Virtual reality headgear will let metaverse users communicate with other users and virtual things.
Web 3.0 advances customer control over digital assets and online identities. It lets users create, control, and monetise content. Web 3.0 is an idea for the next generation of the internet in which users will have more control over their work.
Fundamental Tech
Next, compare Web 3.0 and Metaverse’s core technology. Several metaverse technologies support the ecosystem. The creation economy, interfaces, decentralisation, connectivity, immersive experiences, and enabling technology are essential building blocks of the Metaverse.
Digital currency and distributed ledger technology are at the heart of Web 3.0. Users can engage with decentralised internet sites using blockchain. If Web 3.0 is based on a public blockchain, everybody with an internet connection may participate.
Different Perspective
Web 3.0 focuses on who will dominate the internet (tech giants or people), whereas the Metaverse focuses on user interaction. Many people use the internet and apps on their mobile phones, tablets, and laptops. Proponents of the Metaverse believe that, in the future, people can navigate the internet using virtual reality headsets and explore virtual worlds using these avatars.
While one may do commerce via virtual reality, the other allows contributors to own their data using Blockchain technology. Peer-to-peer networks are open, dispersed, and collectively own data.
Applications
The usage of Web 3.0 and Metaverse would also differ. Metaverse is a developing dimension that combines education, entertainment, games, simulation-based training, concerts and social networks. All metaverse apps are currently under development. Thus, assuming the Metaverse could duplicate most real-world occurrences is premature.
Future Internet standards include Web 3.0, including restrictions on all Internet users. Not only would apps be part of Web 3.0, but the whole Web itself.
Conclusion
Even if the Metaverse and Web 3.0 are heading in distinct directions, they do not compete with one another or with the future directions the internet will go. The Metaverse can completely transform everything regarding our online economy, communities, and communications. Regarding virtual reality headgear, Web 3.0 will ultimately be accessible on mobile devices and desktop computers.
Once some time has passed, the Metaverse and Web 3.0 can still develop into an even more immersive experience. Both strategies have the same overarching goal: to create new global virtual worlds that are neither centralised nor closed. Thanks to Web 3.0 and the Metaverse, users may become part of the decentralised world.
