Metaverse is the newest, most exciting topic of the modern-day. But to understand how it affects the future of gamers, we need to understand what a Metaverse is. Metaverse is an artificial reality created by several different technologies that allow users to interact with the environment around them and experience it. Technologies continue to expand and grow. For instance, look at the online casino. Slot games have gained high popularity over time as they become more immersive and entertaining. Therefore some of the most popular online slots are available at the top UK casinos. UK players want a piece of that latest tech, which should be the same for the Metaverse. Users interact with their surroundings, so you can only imagine the potential for the world of gaming.
Factors Governing the Metaverse Future
Every growing and expanding industry has certain factors that decide its future, and the same applies to iGaming with Metaverse. Here are the points that determine the growth of the Metaverse:
For users to enjoy Metaverse to the fullest, it is necessary to have an interface that allows a seamless transition between the physical and digital world. The interface must also be easy to use. For a more satisfactory experience, the interface must be easy to travel with and be integrated easily into daily life to get the most out of the gaming experience.
The Metaverse interface needs to have governance. Some of the enormous concerns regarding that are whether there will be government regulation on Metaverse or there will be self-regulations only. As one of the future ideas for Metaverse is creating a currency for Metaverse, the safety and security of transactions are another important concern that users have verbalized.
One of the important factors that affect the growth of technologies is the competition in the market regarding that technology. Metaverse is not any different. The future of Metaverse needs to decide whether there will be one dominant platform that will host it or there will be several platforms, each specific for different use. Will there be one for gaming and another Metaverse for casinos?
The Metaverse must have standardization. Users have expressed concerns about whether one item bought on one platform would be available on the other. The identities that users will make and their availability over several platforms is another concern that has to be answered. A presence of standard economy over all platforms is necessary, especially within the world of gaming and online casinos.
Technologies Shaping the Gaming Future with Metaverse
Virtual Reality (VR) Headsets
Virtual reality headsets are the new gaming consoles when it comes to Metaverse. They help the users to have an immersive experience in the Metaverse. These headsets are currently being redesigned to better fit, better resolution, and prevent motion sickness in the users.
Augmented Reality (AR) Glasses
AR glasses technology is the next step required to integrate virtual reality with daily life seamlessly. Unlike VR headsets which are complete, in this case, augmented reality will be synced with our normal glasses. These may be used for real-life environment scanning.
To be a part of society, proper identification is necessary. Similarly, digital identification is necessary for Metaverse. This digital identity would be connected to the avatar of the gamer and will allow access to various gaming and gambling services. However, a major concern regarding this is whether every company that makes a Metaverse will check the digital identity or if they will ask service providers to manage that.
- As per the Public Gambling Act of 1867, all Indian states, except Goa, Daman and Sikkim, prohibit gambling
- Land-based casinos are legalized, with certain guidelines, in Goa and Daman, as per the Goa, Daman and Diu Public Gambling Act 1976
- Land-based casinos, Online gambling and E-gaming (games of chance) are legalized in Sikkim under the Sikkim Online Gaming (Regulation) Rules 2009
- Only some Indian states have legalized online/regular lotteries as per and subject to the conditions laid down by state laws. Kindly refer to the same here
- Horse racing and betting on horse racing, including online betting, is permitted only in a licensed premise in select states. Kindly refer to the 1996 Judgement by the Supreme Court Of India here and for more information
- This article does not endorse or express the views of Qrius and/or any of its staff.
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