• Metaverse technology is making a resurgence at the start of 2023 due to recent advances in AI and the cryptocurrency market.
• To reach its full potential, metaverse needs to be multi-functional, dynamic, adaptable and intelligently designed.
• Those who benefit most from a multi-functional metaverse are those who explore numerous metaverses, take risks and innovate; artists, musicians and performers will use it to engage with new audiences; fashion designers will have an opportunity to explore their ideas for the fashion industry.
Introduction
Metaverse technology is making a resurgence at the start of 2023, after the recent revival of the cryptocurrency market and the recent and significant advances in AI technology. With a change of fortunes in the market encouraging further development in the metaverse space, new opportunities are on the horizon.
Requirements
For the metaverse to truly succeed and reach its full potential, however, it must become multi-functional and future-proof. What is meant by this is that it needs to be a space where people can engage with content, gaming, fashion, other people, income-generating opportunities, creative expression, businesses, arts, competition, and so much more. Less niche, more inclusive. What this indicates to developers is a need for dynamism, adaptability, and intelligent design that allow for the integration of a diversity of industries