Web3 vs Metaverse: Everything You Should Know

author

Cubix

2 Sep, 2022

.

4 min read

We hear people chatting about the latest technological trends every day, but what’s the driving force behind all of these advancements? The internet.

Cybersurfers are aware of the terminologies such as Web 3.0 and Metaverse, and we learn about them through social networks. Metaverse and Web 3.0 are closely related but also contain distinct and diverse features.

The third-generation internet, Web 3.0, is the next advanced step the World Wide Web takes. In comparison, metaverse enables users to be in the digital space.

So what are the main differences between Web 3.0 and Metaverse?

Web 3.0

Metaverse

Technology

Blockchain, cryptocurrency, and decentralized autonomous organization.

Human interface, Augmented reality, NFT’s creator economy, multitasking such as 5G.

Representation

Owned individually and regulated by the internet.

The physical entity is dematerialized into a digital property.

Application

Blockchain developments.

Games, entertainment industry, social media, education, and health.

Requirements

Blockchain developments.

Interfaces, connections, decentralization, economy, and developing technologies.

Technicalities

Powered by Artificial Intelligence, Blockchain, and Decentralized Autonomous Organization.

Powered by 6G, wifi, Geo mapping, VR, XR, and NFTs.

Scope

Web applications

The potential areas are still being scrutinized and are under development.

Use Cases

Look up data and information, communicate with others, and produce content.

3D virtual combination and social VR.

Target Audience

Blockchain Technology, Peer-to-Peer network.

Virtual Reality (VR), Extended Reality (XR), Augmented Reality (AR), and world facility.

Fundamental Technologies

Blockchain, cryptocurrency, Decentralized Finance (DeFi), NFTs, and DAOs.

Human Interface and Connectivity technology.

Ownership

Public-controlled property.

Metaverse firms.

Read More: What are Web3 Contracts? Exploring Smart Contracts

What is Web 3.0?

Imagine having a computer that gives you the expected output in a blink of an eye. Pioneers call this advancement Web 3.0. The third-generation internet, or Web 3.0, is a platform that allows websites and applications to process information similar to humans. Web 3.0 leverages machine learning (ML), Big Data, and decentralized ledger technology (DLT) to perform advanced operations.

Web 3.0 can be explained as a process of interconnecting the data in a decentralized way, resulting in a new process, unlike centralized data stores. It will allow direct communication between the person and the machine. For this communication to happen, programs must interpret the data theoretically and provisionally.

What’s Metaverse?

Metaverse is the fusion of mixed reality and virtual reality. It requires a browser and a headset to be part of this extraordinary reality. In today’s world, a list of detached metaverses is part of the real metaverse, including aol.net, bit.net, and darpa.net.

Each metaverse has its own composition. For example, Pokemon Go differs from Roblox, which is different from Fortnite. In addition, each of the metaverse’s environments has its own way of communication, forms, access, and currency.

Connecting Web 3.0 and Metaverse

Web 3.0 and Metaverse relate to each other as both of them are constructed by using blockchain architecture, providing an unprecedented level of access. They are considered the most advanced technologies of this generation. Both require the most up-to-the-mark web technologies to get constructed.

Artificial Intelligence (AI) is the core technology used by both advancements. It provides unimpaired interfaces to the end users. Web 3.0 development utilizes (AI) for semantic connections, and metaverse uses AI for 3D construction. They both integrated can provide various benefits to the investors, such as:

  • SMART VALOR
  • Provides access to blockchain projects involved in megatrends.

  • Cryptocurrencies
  • Used in the digital world of the metaverse to purchase or sell goods.

Read More: Why Invest in Web3 and How to Do It?

Why should you invest in Web 3.0 and Metaverse?

Investing in the IT industry is a considerable risk but investing in these two domains of technology is not. Web 3.0 allows its users full authority over their data and assets, allowing them to recreate their content fully.

They can share and scrutinize their data. With the freedom from not depending on centralized repositories, the users of Web 3.0 can own their tokens and can vote on their desired platforms.

The risk of losing everything is exchanged for the possibility of significant gains on the Metaverse platform. Investing in the metaverse can generate additional revenues, build connectors between the real and the virtual worlds, and attract potential customers.

The operations of the metaverse enable the marketing plans to get implemented optimally, bringing brands together. In addition, metaverse provides an opportunity to expand sales by suggesting the production of new virtual products as Non-fungible Tokens, most commonly referred to as NFT.

Web 3.0 vs Metaverse: Conclusion

The blog highlights the main differences between Web 3.0 and Metaverse. They both are primarily different concepts but are nearly related to one another. It is fair to say that Web 3.0 is a by-product of Machine learning techniques, and the same can be said for metaverse, an integration of disconnected metaverses.

The Metaverse with Web 3.0 will explicitly implement decentralized repositories in the virtual world. Web 3.0, combined with the metaverse, will shape the future of technology, paying the amount invested on its own.

Read More: Top 5 Metaverse Development Tools, Technologies, & Their Use Cases

How Cubix Helps with Web 3.0 and Metaverse Development?

We at Cubix offer the development of a virtual world with the help of our experienced Metaverse developers. Our mission is to take your business to the highest peak of success by providing quality development services at affordable prices.

We also offer the following game development services integrated with Web 3.0 and Metaverse:

  • Blockchain Game Development.
  • Augmented Reality.
  • Mobile Game Development.
  • Non-fungible Token (NFT) Games.

Cubix caters to the needs of its clients by transforming their visions into successful ventures. We will create a world you can visualize and be part of. Our professional team fulfills all your criteria, from topography to characters to NFT-based digital virtues.

We at Cubix promise to deliver high-quality technological creations employing Web 3.0 and Metaverse that would meet the standards of your business operations.

author

Cubix

Spanning a diverse range of content, our Editor keeps a close eye on all published materials while publishing and making edits to existing posts.

Pull the trigger!

Initiate your project
the moment has arrived.