The Dangers and Benefits of the Humans Metaverse

The Humans Metaverse is a virtual world built on OpenSea. It contains approximately 6,500 unique Meta Humans NFTs stored as ERC-721 tokens on the Ethereum blockchain. It is also hosted on IPFS. Each human in the metaverse is given a unique identifier and a blockchain address. The Humans Metaverse is an open source project with plans to grow exponentially. Several projects are in the works to make it a fully functioning virtual world.

Realistic representations of humans of the metaverse

The term “metaverse” is not new. In 1992, Neal Stephenson first used it to describe the future of computer technology, and the concept is only getting more advanced. Computer scientists are starting to see metaverses as ecosystems that connect and overlap with real worlds. A metaverse could potentially transform the way we live, work, and play. Several entertainment use cases have emerged. The gaming industry was an early adopter, and music and movie industries followed shortly after. For example, a Travis Scott, Ariana Grande, and Deadmau5 concert in the metaverse was attended by an estimated 12.3 million people.

The metaverse may even be useful to local governments, who could use them to connect more citizens to public services and update city infrastructure. For example, they could simulate urban redevelopment projects. The Boston Planning and Development Agency, for example, is currently using a digital twin of the city to better understand the effects of increasing population. And cities like Singapore are already using such technologies to visualize the impact of population growth and new housing developments.

Future plans for the metaverse

A metaverse is an alternate digital reality in which humans work, live, and play. It is also known as the mirror world, virtual reality, AR cloud, Magicverse, and the Spatial internet. It can be accessed via VR headsets or by other means, but no one is sure how it will be used. There are many possible uses for the metaverse, but its future is still unclear. Nevertheless, it is anticipated that in the future, it will be a fully immersive aspect of daily life for half a billion people worldwide.

Metaverse experts voiced their thoughts in written responses. These responses were distilled into three tables: the first one lists the major themes, while the second table summarizes the details tied to the two broad themes. The third table describes the reasons why the metaverse will be more or less advanced in 2040 and what it won’t be. Because this survey used a sample that was not random, results cannot be extrapolated to other populations.

Challenges associated with its buildup

Bernard Marr, an influential thinker and best-selling author of 20 books, recently discussed the challenges and benefits of the Metaverse. He also writes a regular column for Forbes, and advises many of the world’s largest organisations. His network includes 2 million Twitter followers, one-million newsletter subscribers, and a ranking by LinkedIn of the top five business influencers worldwide. In his latest article, Marr outlines seven potential downsides of the Metaverse.

For instance, in a poll conducted by the WEProtect Global Alliance and the Economist Impact, one-third of respondents said that they had engaged in sexually explicit online activity at some point in their lives. In the United States alone, one in four Black and one-tenth Hispanic children have experienced online discrimination in some form. Those statistics raise questions about the role of a metaverse in a digital age.

Potential for decentralized identity systems powered by blockchain

As we move further into the future, the metaverse may bring with it the need for biometric authentication. With its vast array of sensors, the metaverse could potentially enable richer biometric authentication methods, such as gestures and body motions. Further, the metaverse may allow a federated approach to identity. Currently, the dominant big tech platforms don’t support such a system.

Current digital identity infrastructure is insufficient to protect users from bots. A decentralized identity management system can establish authentication using a wallet, and require users to create a profile using the credential. Using these credentials, a user can create a single account that is unique, and can be easily verified. The decentralized identity management system will enable users to differentiate between real people and fake bots.

Blockchain technology could help create a more unified social environment in the Metaverse. Because it can protect the identity of individuals without requiring permission, it can also provide a reliable asset value. As the metaverse has no strong centralized organization, it’s essential that users can transfer digital assets between platforms without requesting permission. Moreover, blockchain technology provides a credible value for assets.