Stepping into a world where reality merges with fantasy, where you can be anyone and transport into a whole new dimension without leaving the comfort of your home - that’s what metaverse gaming is giving to players. It's the dream of many gamers to explore this new experience, and the number of players joining the metaverse is greater every day.
As a consequence, the metaverse is growing bigger as we speak, and this virtual realm is becoming increasingly intertwined with our daily lives. Every new technology brings a new wave of opportunities, and some of the most popular brands, like Google, Nike, and Adidas, have started to explore the metaverse to help their customers engage with their products.
In this blog, we'll delve into the exciting world of metaverse gaming, explore its characteristics, discuss how to access it, and examine its inevitable impact on the online gambling industry. So, let’s dive in.
Let's Start With the Basics - What Is Metaverse Gaming?
The metaverse is building a collective virtual shared space by blending augmented reality (AR) and virtual reality (VR) to create an immersive digital universe. It is the world that is designed to provide players with a chance to experience a whole new dimension of gaming by allowing their avatars to explore all its aspects freely.
And we can’t talk about metaverse gaming without mentioning the metaverse gaming platforms. These platforms host the entire gaming world on them, including user-created games, digital assets, virtual casinos, and their own virtual currency. Some of the most popular metaverse gaming platforms are Roblox, Decentraland, Fortnite, and Illuvium.
So, in short, what is metaverse gaming? Metaverse gaming is a place where social gaming, play-to-earn incentives, portable game assets, unique experiences, and mixed reality assemble to redefine how we interact with the digital realm.
Characteristics of the Metaverse
The metaverse is bridging the gap between the real and virtual worlds while allowing players to enjoy a fully digital crypto gaming experience. There are a few things that set it apart from regular gaming, and that’s what attracts players to the metaverse. These characteristics create a deeply engaging experience for players, but when it comes to gambling, they also recreate the traditional casino atmosphere in some ways.
Let’s explore some of the most notable metaverse characteristics.
The metaverse fosters social interaction on a scale we've never seen before. This aspect is also preserved in land-based casinos, but we can’t escape the feeling that online gambling has been missing out on social interaction among players. After all, iGaming is sometimes not just about playing games; it's about experiencing them with friends and strangers alike.
Metaverse allows for player interaction in the virtual world, where avatars move and interact freely with each other. Of course, there is always the possibility of using chat rooms to socialise with other players from anywhere in the world.
Play to Earn
In the metaverse, your gaming skills can translate into real-world earnings, usually through digital assets, such as NFTs or non-fungible tokens. NFTs are securely stored on a blockchain, and they are vital for some crypto games. All these assets have certifiable ownership and can continuously bring profit to their owners in the virtual world and later in the real world, as well.
It's a paradigm shift where virtual achievements hold tangible value when players receive cryptocurrency for selling or allowing the use of their NFTs. The concept can transfer into the world of online casinos as well, and players can use or buy other players’ NFTs for a certain price.
Portable Game Assets
Your in-game items and characters (NFTs) aren't locked to a specific platform or game. They usually live on a blockchain and can travel with you across the metaverse. There are practically no physical limitations in the metaverse, so you can expect an immersive experience in every game you choose to play at a metaverse casino.
Unique Gaming Experience
Gaming designers are creating breathtaking landscapes, fantastic worlds, and limitless possibilities for players to embrace everything that metaverse gaming has to offer. Online casinos can also explore the metaverse to create new online gambling trends and allow players to step into the casino game, whether it’s a new and innovative slot or a multiplayer game, like poker, for example.
Online slots can include revolutionising game mechanics and designs that allow players to create their own avatars and experience the game from a whole new perspective.
The metaverse bridges the gap between the real and virtual worlds, making it a dynamic and interactive environment. It is an experience like no other, where you can actively participate in the game, even in the online casino game. Gambling in the metaverse resembles the traditional gambling experience to a certain extent.
For example, when a player decides to play poker at a metaverse online casino, they can enter the game that provides a true casino experience through AR and VR equipment. They can get to experience the atmosphere of a real poker room, including the surroundings, interacting with other players’ avatars, music, and sounds, and even spot the "tells" in someone’s game.
How to Access the Metaverse
Contrary to what people may think, you don’t necessarily need all the equipment to step into the metaverse. However, if you want a fully immersive experience, you'll need some essential technology and gadgets:
VR Headsets: The market offer is vast, and you can choose the model that best suits your needs.
AR Glasses: AR glasses or augmented reality headsets (like Microsoft HoloLens) are other cool tech gadgets that contribute to creating engaging mixed-reality experiences.
Stable Internet Connection: A robust internet connection is crucial for seamless metaverse exploration, just like with many other online environments.
Digital Currency Wallet: Many metaverse ecosystems operate on cryptocurrencies like Ethereum, so having a digital wallet is a must.
So, how to access the metaverse? To get started, you first need to gear up, of course. After that, it’s time to create an account, set up the game or platform of your choice, and secure a digital wallet to manage your in-game assets and currency. There are quite a few digital wallet options available, so you can make sure to choose the one that is suitable for your chosen currency and other preferences.
The Metaverse’s Impact on Online Gambling
As the metaverse continues to expand, it's poised to have a profound impact on the online gambling industry. With the convergence of virtual worlds and betting, many aspects will become more engaging, but many will potentially be lost or cause concern to some players.
One thing that we can expect to shine when it comes to gambling in the metaverse is the game selection and their adaptation to the mixed-reality world. There is plenty of potential in this area, and providers can up their game significantly when creating slots or table games for the virtual world. Gambling in the metaverse can even allow the players to feel like they are in the game itself or in a real casino, playing a game of poker with other players.
It might seem like the traditional casino experience will be lost in the metaverse casino, just like in online casinos, especially when it comes to table games. However, that doesn’t have to be the case, especially when players’ avatars join the game together. Players could be able to spot other players’ behaviour and “tells” in the multiverse, which is unlikely to happen in a regular online casino.
What could be a concern for some players is payment methods. Probably, the only payment method available in the metaverse will be cryptocurrency. Cryptocurrency is digital, just like the metaverse world, plus they are safe, decentralised, easy to use and suitable for making instant transactions across borders.
What Are the Risks of Metaverse Gaming?
Well, no surprise there, but it's not all fun and games in the metaverse. Potential risks are connected to the online world and the risks it carries for all connected devices and users. The risks are many, but the good news is that they can be mitigated with the proper precautions.
These are some of the risks of metaverse gaming:
Hacking attacks happen when your system is vulnerable and exposed, and the key to protecting your assets is to purchase and regularly update antivirus software. Phishing attacks are more sophisticated and usually come in the form of an urgent call to action, prompting the victim to reveal sensitive information to the attackers. Phishing attacks could eventually even lead to identity theft if the attacker gains access to its victim’s personal information.
Unfortunately, cyberbullying is also not uncommon in the gaming world, and it usually happens in the game chat. In the metaverse, cyberbullying could take a whole new dimension, so it is of vital importance that players report any such behaviour and prevent the spread of bullying in the iGaming world.
Metaverse Gaming - the Future Has Already Happened
Even though it’s still in the making, the metaverse is not some distant concept. It's here, and it's changing the landscape of gaming and beyond, so it makes perfect sense to start talking about the metaverse and how it will revolutionise everything. It is becoming more accessible for players, and they choose to enter it and find out what it has to offer.
The use of artificial intelligence in online casinos has been present for a while now in an attempt to make the gaming experience more personalised and secure. Since technology is evolving in this field as well, it is only expected to see all the benefits of virtual and augmented reality in the iGaming industry.
With almost endless opportunities but also potential dangers, it's essential to navigate this digital frontier with caution and curiosity. The future of metaverse gaming has already happened, and it's up to us to explore and shape it.