The metaverse, from an airy concept, is becoming a reality. It is predictable that as the metaverse matures and becomes complete, we will see the birth and emergence of more new concepts derived from the metaverse. If we regard the Internet era as an era of separation of virtual economy and real economy, then the metauniverse era is an era of deep integration of virtual economy and real economy. In a sense, the metaverse has unleashed much greater potential for development than we have ever experienced in the Internet age.

One of the reasons so many players are involved, and so much capital is focused on it, is that the metaverse is going to unleash a bunch of growth dividends. However, judging from the current development of the metaverse, it seems that there is a certain gap between it and the expected development momentum. This is evident when we look at Meta’s current struggles.

As a result, talk of a metaverse began to emerge, and some even argued that the metaverse was a false concept with no commercial value. If we only measure the development of the meta-universe based on the performance of the meta-universe, and even deny the inevitability of the meta-universe, it will not only fail to promote the benign development of the meta-universe, but will even bring the development of the meta-universe to a dead end. Only by correctly examining and viewing the current development status of the metauniverse at that time and now, and finding the correct development path that is really suitable for the metauniverse, can the development of the metauniverse be truly brought to a new stage of development.

Metaverse, you need a process

But almost all players in the meta-universe business are under the illusion that the myths of the dotcom era can be easily replicated through short-term, geometric growth. Whether it’s Meta or any other player, this is almost always the case. However, we should also see that the metaverse from germination to maturity is bound to undergo a long and continuous development process. Only after such a process can the development of the metaverse truly mature and complete.

First, technically. Although the new technology has made great progress compared with the past, it still has a long way to go before it is mature and complete in the real sense. If we only use the current technology to implement and practice the meta-universe, it will not only be unable to perfectly interpret the meta-universe, but also will lead the development of the meta-universe into a dead end. We can see a hint of this from Meta’s exploration and practice of meta universes.

In the author’s opinion, only by constantly improving and developing new technologies, especially reducing the cost of their implementation and application, and truly treating these new technologies as the internal driving force for the development of the metaverse, can the development of the metaverse be brought to a new stage of development. Although new technologies are no longer developed by blood transfusion as in the past, there is still some distance between real maturity, especially the maturity of the Internet style.

Only by constantly developing new technologies, strengthening the implementation of new technologies, and making new technologies become the endogenous driving force for the development of the metacosome, can the development of the metacosome truly get rid of its dependence on capital, can the metacosome find its own business model, and can the development of the metacosome truly enter a new stage of development. However, considering the current state of development of new technologies, we can clearly feel that there is still a long way to go before the maturity of new technologies in the real sense.

Second, from the commercial application. In my opinion, whether it is the meta-universe or other new species, the key to truly measure whether its commercial application is mature lies in whether it can benefit more people and change the production and life of more people at the lowest possible cost. In the end, it is the maturity and completeness of the business model. However, the metaverse is not in such a state of development as it is now. In many cases, the metaverse is still a castle in the air, a fantasy that players are looking for. In essence, only by continuously realizing the maturity and completeness of the commercial application of the meta-universe can it really be brought to a new stage of development.

This is also a process. We can see this very clearly with the development of the Internet. The development of the Internet has also experienced a process of ups and downs. What we see in the real sense of the Internet era is actually developed after the Internet business model is really mature and perfect.

From the business model of the metaverse, it is clear that it has not really reached a mature and complete state of development. When the business model of the meta-universe is not mature, it cannot allow as many users to apply, it cannot connect with people’s production and life as much as possible, then it will always be an existence that depends on the transfusion of capital. This is the fundamental reason why the development of the metaverse as we see it now comes to a slow or even a standstill.

Through the above analysis, we can clearly see that the development of the metaverse is in a relatively primary and primitive stage of development, both in terms of technology development and business model. For the metaverse, only by constantly improving the internal technology and constantly promoting the landing and application of business models, can the development of the metaverse be truly taken away from the immature and primitive stage of development and truly enter a new stage of development.

The meta-universe needs an ecology

Just regard the meta-universe as an isolated and closed existence, and only apply the meta-universe in a certain or even a few fields, then its function and role cannot be maximized. This is the fundamental reason why we see so many meta-universe players get stuck, why they get stuck. To solve such a problem and break through such a development bottleneck, we need to create an ecological system covering a variety of scenes and industries. Only under such an ecological system can the functions and roles of the meta-universe be given full play.

However, from the current reality of metaverse development, it is clear that it has not reached such a state of development. The meta-universe players we see are either limited to certain areas and scenarios, or they are limited to certain industries. If the metaverse only followed such a trend of development, then its development would not be breakthrough in any way.

First of all, the metaverse doesn’t really form a complete ecosystem. To measure any kind of mature business form, it is inevitable to take a set of complete and mature business ecosystem as the standard. This is true both in the Internet age and in the metaverse that has arrived. Despite years of metacomes, and despite the number of players we’ve seen applying them to different scenarios and industries, the metacomes haven’t really formed a complete ecosystem.

When the metaverse has not really formed a complete set of ecosystems, its development has always been a one-way existence, relying on the transfusion of external capital to run. When capital loses patience with the meta-universe, its development is bound to reach a dead end. This is the root cause of the development difficulties we see in metacomes.

To solve such a problem, to really construct a set of complete ecosystem, to let the metauniverse in and out, input and output, is the key to ensure its development can enter a new stage of development. It is predictable that the metaverse industry of the future will be those players who can actually build a complete business ecosystem, and such an ecosystem can grow on its own.

Second, the metaverse has not really developed a complete way of life. If the metaverse is only a limited to some scenes, some fragments of the existence, then its development in any case can not be called the true sense of maturity and perfection. Then, its development is in any case not really into a benign state of development. The metaverse, as we see it now, is going through such a phase of development.

Yes, the metaverse has been implemented and applied in more and better scenarios than ever before. However, distance has a long way to go to make the metaverse a way of life, a kind of existence that can include all the things people eat, wear, live and use. After all, the metaverse is a niche, special being. When the metaverse is in such a state of development, then, its development is in no way possible to achieve a breakthrough. Metacomes players hoping to use metacomes to generate traffic and replicate the mythology of the Internet age will also be disappointed.

At the end of the day, we have to really build a whole way of life for the metaverse. Under such a complete life style, all aspects of people’s life can be achieved and realized with the help of the meta-universe. Just imagine, when all aspects of our life are connected with the meta-universe, when the pain points and problems we encounter in life can be solved with the help of the meta-universe, when the meta-universe truly becomes the mainstream of our life, then the flow and realization expected by the meta-universe players may no longer be a problem. That’s when the metaverse really goes from ideal to reality.

conclusion

The metaverse, from an airy concept, is becoming a reality. However, there is still some distance between the metaverse and the true sense of maturity and completeness. We can see some clues from the performance of Meta. In essence, this is determined by the fact that the metaverse is a process and the metaverse is an ecological reality. Only when the meta-universe truly experiences such a process, and only when the meta-universe truly constructs a complete ecology, can the meta-universe in a real sense be realized and the era of the meta-universe in a real sense come.