Why Metaverse will fail?
And the most important question is why is this question arising in people’s minds.
The word metaverse is still unfamiliar to millions of people around the world.
However, it has been around for decades.
However, it became a hot topic of discussion last year and one of the most searched terms on the internet when the founder of Facebook named his company after his future project.
Leading people to this unreal world which was limited only to movies and novels started to be understood as reality.
The Google trend shows how Metaverse becomes a hot and trending topic after Mark Zuckerberg’s announcement.
Along with this announcement, Mark also released a video that was very impressive and showed a world that seemed extremely improbable and imaginary.
However, this concept gradually left the minds of people and experts as a topic and instead of being a part of it, the discussion of its success and failure started.
And the google trends data shows the exact interest of people in this term in the image below:
The technology experts are divided on this topic and have a different points of view about the new world designed by humans for avatars.
Some call it the future of the Internet, on the other hand, for some, it may be a failed experiment and a waste of time, energy, and money.
We know that the history of humans is the progress of learning and developing new things to improve their lives from every angle.
Metaverse is also an advancement in technology and part of that progress.
Even today we are in the process of continuous development of science and technology. We are in an era where science is advancing day by day and developing new technologies to improve the quality of human life and to try and experience new things.
The strongest of which is probably the metaverse to many.
A digital world, where we can do most things that we do in our real life.
Today we will talk about how Metaverse can become successful.
What are the roadblocks to the success of Metaverse?
Why Metaverse Will Fail?
There may be reasons for this but it does not mean that these difficulties or obstacles cannot be overcome.
Or to conclude from them that the metaverse will fail anyway, not at all.
Like anything else, there are many debates and doubts about the Metaverse.
- What exactly will it bring and improve?
- Why is the metaverse possible?
- What are the chances of its success?
Let’s dive right in!
1- Disconnecting from the Real World
Creating a unique 3D world does not mean that humans are no longer satisfied with living on Earth, nor with the actual physical world. A world where we live, play, work, and interact.
Despite going to space, man still prefers to stay on his earth, travel, and explore new places in it. And this connection is bigger than any other world and place.
No other world can replace it.
We as humans are emotionally attached to our earth, linked with our natural environment and this can not be denied.
For the success of the metaverse, people must become significantly disconnected from their real world, which can be extremely difficult for many.
The physical world is still loved by humans and they enjoy living here for hundreds of reasons.
We have imagined the future and the Metaverse in novels and movies, depicting all the possibilities that humanity will face in one form or another in the future.
Today, the concept of the Metaverse allows us to see the possibility that what was once imagined and limited only to ideas will become reality.
A fantasy 3D world where you can only feel things to a certain degree, which is not entirely natural, can take a long time to succeed.
So you can call it a modern and advanced type of internet, which will be much more convenient than our internet today, but you can call it neither a replacement nor a substitute for our natural world.
2- Health Issues
What would be the impact of this technology on our real world and human lives?
These are the toughest question for those who are in favor of this technology and the 3D world.
Our world is still struggling and fighting a mental war with many diseases such as the pandemic.
Adding another technology that can be accessed only through devices that are proven to be harmful to our health is tantamount to inviting danger and ruin.
So much attachment to digital devices can be dangerous for our health, devices without which we cannot imagine the metaverse.
We have already seen that due to excessive attachment to digital devices (smartphones) people are suffering from anxiety, poor vision, and many other diseases-
According to research, the main reason for the increase in the rate of these diseases is the excessive use of digital devices.
Whereas, entry into and access to the world of the Metaverse is only possible through devices that have proven to be a threat to health.
It can be said without hesitation that this reality can prove to be an obstacle to the success of the metaverse.
3- Control Of Assets
The blockchain is the most vital foundation to support the web3, cryptocurrencies, and metaverse. The Metaverse needs to be decentralized and users’ virtual assets must be able to cross each sub-metaverse.
The users must have full control of their digital assets and what they own in the virtual world.
But securing your assets can be difficult because of identity authentication.
How do assets gain value and how can their value be measured and maintained in the Metaverse?
If you own real estate, how will possession be established?
While this can be copied arbitrarily
4- Identity Fraud
Securing the Metaverse is perhaps more important than anything else, and the most important step is to create a strong authentication system.
Which should be able to detect frauds and scams, and also to identify who is responsible for illegal actions and frauds inside the Metaverse.
In a world where everyone is represented by an avatar, and pretty much all the avatars look the same, identity fraud can therefore be more common and dangerous to people, and their assets in the digital world.
Unlike in the metaverse, in our real world, we can identify actions that undermine people’s reputations.
5- Cost Of Equipment
Another important point is whether the metaverse will be available at no cost
How much will it cost to work on it?
How will people adopt it who cannot afford it and its equipment
Yes, remember that metaverse will not be owned by any single organization nor will you have to pay any kind of money to metaverse to join it.
However, access to it will require equipment, which will not be accessible to everyone
To get access to the Metaverse, we need equipment like 3D headsets, a fast internet connection, and a strong computer with good graphics.
In fact, these can be costly, and not everyone who wants to get into the Metaverse can afford them.
This could prevent people from going inside a digital world where they need to buy products, and spend money just to enter and show presence.
Other advanced applications, such as augmented reality, will require faster connections than many have access to today. And a faster internet connection would require more money which would limit people’s access as well as affect the success of the metaverse.
Because without these tools you cannot observe the metaverse properly.
For many, the concept of the metaverse is just another new game that Mark Zuckerberg released a trailer for.
The usefulness of a video game is nothing but enjoyment in our life
Therefore, it is very important for the success of the metaverse that the big companies create employment opportunities for people in the field of entertainment, which can be an attractive way for the succeed of the metaverse.
Easy employment and convenience in work for people is very important and bad companies are already trying for it
The Prince of Dubai is predicted to create 40,000 metaverse jobs by 2030, prompting people to consider metaverse as a career choice.
6- Bad graphics design
Few people talk about it, but the bad graphical design is the most dangerous for the metaverse. Nowadays, people are familiar with 4K displays and it has become a common thing.
Metaverse will be 4K or better, no doubt.
But the first impression of metaverse completely disappointed people after release and slammed them for ugly graphics.
On the contrary, if the graphics of the metaverse decrease even a little bit, people will get bored and it will be very difficult for them to spend time in a boring world.
Recently, people criticized the game launched by Mark Zuckerberg and described the game’s graphics as a joke.
And this led to questioning the entire concept of Maturase and its success.
Disconnecting from the real world, health, and identity issues are major roadblocks for Metaverse to succeed.
However, this doe not mean that it is going to fail, we are just indicating the serious issues that metaverse investors and founders should take seriously and overcome.
That is the only way for Metaverse to succeed.