• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, July 18, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Metaverse

The Metaverse Shaping the Events & Virtual Gatherings Landscape

by Rohan Mathawan
May 21, 2022
in Metaverse
Reading Time: 3 mins read
0
The Metaverse Shaping the Events & Virtual Gatherings Landscape
TwitterWhatsappLinkedin

You might also like

US Judge Rules Pegasus Spyware Maker Liable for WhatsApp Hack

Meta to Pay $32 Million Over Cambridge Analytica Scandal

Google Labs Unveils Whisk: A Fast and Fun AI Image Generator

The metaverse is what all are talking about in 2022. Be it news outlets, social media, or ads, the metaverse is everywhere. It is especially dominating the talks in terms of its influence on the global events industry, worth $886.99 billion in 2020. 

A host of top-level events are already taking place in the metaverse. For example, the Australian Open in Decentraland took place in January 2022, and Metaverse Fashion Week in March 2022.  

The list doesn’t end here, as the metaverse will host even more events in the coming days, essentially shadowing the number of real-world events. This is something even Bill Gates believes in. His exact words in his year-end blog post were, “Within the next two or three years, I predict most virtual meetings will move from 2D camera image grids…to the metaverse, a 3D space with digital avatars.”

Now, let’s take a look at the influence the metaverse will have on the events & virtual gatherings. So, without further ado, let’s dive straight into it.

Unlimited Space at Reasonable or no Cost 

Neal Stephenson coined the concept of online events in the 1980s when he envisaged a future where humans will interact with each other through their digital avatars in a virtual setting. His vision is finally becoming a reality with the emergence of the metaverse. Such is its potential that Facebook, one of the leading social media giants, rebranded into Meta, reflecting its ambitions of ruling the global metaverse market.

Talking about events, what really enables the metaverse to stand out from its physical counterpart is the unlimited space. After all, the events in the vast metaverse can hold an innumerable number of attendees without any issues, which is something that real-world event locations cannot compete with. In contrast, offices and meeting rooms can only hold a small number of people. 

Thus, by nature, the metaverse is an ideal solution for almost all large or small events such as office meetings, trade fairs, etc. Not only that, but it also adds a touch of fun to online events, resulting in an interactive experience for attendees. For instance, businesses can create a virtual booth in a metaverse attracting high footfalls from attendees, similar to physical events. 

When it comes to companies hosting small events, the metaverse offers them something missing from the remote work: Employee Engagement. 

Gamification Like Never Before

Audience engagement is what events aim for, and gamification goes a long way to achieve it. And when it comes to gamification, the metaverse is second to none, as it grants attendees the ability to self-express themselves & be creative. As for the businesses hosting events in the metaverse, they will benefit from the different ways they can interact with customers, which is only limited by their imagination.

Then comes the changing expectations of the audience as the number of Genz & Gen Z Alpha users is eclipsing other user categories. Thus, offering powerful audience interaction becomes even more critical today. That’s where the metaverse comes into the picture, as, unlike in-person events, the tools and infrastructure available at disposal in this technically endless virtual world make audience engagement easier to achieve. That said, the metaverse industry must come together and solve the interoperability puzzle to ensure that it can cope with the spurt in the number of events moving to the metaverse.

Gamium, a digital identity and decentralized social metaverse-focused blockchain and Web3 company, is tackling this problem heads on. It is building the world’s “first metaverse aiming to connect all the metaverses & making the avatars and digital identities multi-metaverse compatible.” Thus, making seamless experience possible across metaverses. Additionally, Gamium’s digital identities will be represented by a unique non-transferable NFT serving as a universal username and offer on-chain as well as off-chain data. All in all, sooner or later, a large number of in-person events will move to the metaverse. 

Tweet54SendShare15
Previous Post

How the Free-2-Play Model is Changing Gaming

Next Post

Meta trademark filing shows plans for crypto-supported payment platform

Rohan Mathawan

Content Editor at Techstory Media | Technology | Gadgets | Written more than 5000+ articles about different niches from Tech to online real money gaming for reputed brands and companies. Get in touch Email: [email protected] For Business Enquires related to TechStory [email protected]

Recommended For You

US Judge Rules Pegasus Spyware Maker Liable for WhatsApp Hack

by Anwesha Datta
December 21, 2024
0
The logo of NSO Group

In a groundbreaking legal decision, a US judge has held NSO Group, the Israeli creator of the infamous Pegasus spyware, liable for hacking into WhatsApp accounts in 2019....

Read more

Meta to Pay $32 Million Over Cambridge Analytica Scandal

by Anwesha Datta
December 17, 2024
0
META AND FACEBOOK LOGO

Tech giant Meta has agreed to pay $32 million in a settlement related to its role in the infamous Cambridge Analytica scandal. The settlement underscores the lingering consequences...

Read more

Google Labs Unveils Whisk: A Fast and Fun AI Image Generator

by Anwesha Datta
December 17, 2024
0
WHISK

Google Labs has just introduced Whisk, an innovative AI-powered image generator designed to be fast, intuitive, and user-friendly. This new tool allows creators, hobbyists, and professionals to generate...

Read more
Next Post
Meta trademark filing shows plans for crypto-supported payment platform

Meta trademark filing shows plans for crypto-supported payment platform

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?