Get All Access for $5/mo

A Meeting Of Two Worlds: Gaming In The Metaverse When it comes to emerging technologies, we can't miss out on the metaverse, powered by disruptive VR technologies, that has given a whole new realistic experience to the gaming world.

By Kabir Singh Bhandari

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

A scene from the movie Ready Player One

The 2018 science fiction film Ready Player One, based on Ernest Cline's novel of the same name gave us a glimpse of what a dystopian future would look like where humanity mostly lives in a virtual reality world. Directed by the one and only Steven Spielberg, it's possible that it would have given a solid push to Facebook founder Mark Zuckerberg for his extravagant metaverse adventures, which till date haven't borne much fruit. But the one field which could benefit from its union with the metaverse is gaming and esports. New horizons and out of the world simulated experiences could be the next stage which gaming could be looking at.

As Ishan Verma, Founder and Director, Chemin Esports, says, "The world has had a major shift taking place when it comes to accessibility to the internet and connectivity. With growing internet penetration, there has been a drastic increase in virtual conversations, online shopping, etc. Moving forward, virtual reality is one of the concepts which is creating a major buzz."

It is an undeniable fact that the gaming industry has seen a drastic shift and improved in a lot of terms of interaction, attractive gaming models, extended user experience, in-game purchases, and much more. When it comes to emerging technologies, we can't miss out on metaverse, powered by disruptive VR technologies, that has given a whole new realistic experience to the gaming world. It is considered as the most potent part of technology nowadays, and the way the metaverse has turned the games is just mind blowing. With the help of this technology, gamers can now interact with each other, look around the environment with its impeccable AR/VR technology, and play games.

"We believe that the way metaverse is providing the features, experience, and improved games to the community, the esports industry will be definitely one of the major sectors that would make use of the metaverse features to offer a next-generation gaming experience to the users," Verma says, who has recently associated with the Federation of Electronic Sports Associations of India (FEAI) to organize a nationwide University and College Esports Tour - 'FEAI Collegiate Tour' and spread awareness about Esports as a career opportunity in India. FEAI and Chemin Esports together, are bringing in renowned personalities from the industry and country to educate people on how they can build their career in esports and all the other job sectors associated with it.

Mihir Sanchala, Assistant Vice President of Technology, PlayerzPot, agrees that the metaverse is still a developing world that draws inspiration from the environments built in games. "In essence, it is the gamification of a physical connection or interaction. Thus, it is obvious how gaming has always been a key contributor to virtual reality and the addictive user experience it provides. Offering users the ability to connect with multiple virtual worlds, the metaverse will help the gaming industry to design and develop futuristic gaming experiences," says Sanchala.

Sanchala elaborates by explaining that as users get to navigate and interact with digital avatars, this unique technology will help gamers to create their virtual worlds, characters, tools, and weapons that they can transfer to other universes, thus developing USPs from the end-user. "This activity will create deeper connections between users and games. Revolutionising monetisation, NFTs and Blockchain technology will be indispensable in games, thanks to successful runs in metaverse. NFTs will enable people to trade game characters within the virtual world and eventually bring in a risk-free, virtual cash ecosystem. On the other hand, gaming companies can create exciting initiatives within their decentralised metaverse using blockchain technology," he concludes, drawing out for us what the future of gaming holds.

The author can be reached at bkabir@entrepreneurindia.com and Instagram.com/kabirsinghbhandari

Kabir Singh Bhandari

Former Senior Assistant Editor

Leadership

ITC's Marketing Wizard: Shuvadip Banerjee, Chief Digital Marketing Officer

The FMCG giant's successful campaign #MyFantasyAdWithSRK broke the Internet and in just a few weeks of launch had 10 lakh participants

News and Trends

Empowering MSMEs: Unlocking India's Trillion-Dollar Manufacturing Potential

By empowering MSMEs, India can realize its vision of a robust trillion-dollar manufacturing sector, fueling economic prosperity and sustainable development

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.