‘Meta’ means ‘after’ or ‘beyond’ in Greek. Meta will now be the name of the overall Facebook company. The ‘Meta’ symbol is “designed to actively reside in the metaverse.”
Neal Stephenson came up with the term in his 1992 science fiction novel Snow Crash, which included concepts like computer science, politics, encryption, and philosophy. It’s being promoted as the internet’s future. The metaverse is a virtual world in which individuals can communicate and manoeuvre around in their three-dimensional avatars or digital depictions. It is being widely lauded as the foundation of business and social connection. It seamlessly integrates physical and virtual realities in a shared online area using augmented reality elements.
The security of the metaverse requires further emphasis. The fundamentals of how privacy will work in this metaverse are currently unclear.It’s hard to ascertain and verify who owns digital assets.
Metarix is a metaverse experience framework that is fully integrated. The biggest feature about it is that it makes really good use of NFT. It provides a secure NFT marketplace where you can use NFT’s for gaming without fear of being hacked. An NFT marketplace streamlines user engagement and facilitates asset tokenization quickly.
Metarix uses advanced integrated technologies such as SDK to ensure the platform’s stability while also keeping it user-friendly.
The virtual land presented here is pretty exhaustive and provides clients with an authentic scenario. Users will be able to engage a range of landscapes, activities, destinations, hubs, and games through the Metarix platform.
Individuals can also employ their avatars to participate here and discuss their insights with a large community of like-minded individuals.
Metarix will also include a Game Maker that will enable you to create, experiment, and share games and other Metarix Metaverse experiences. The Game Maker will be an easy-to-use tool.
In addition to playing games and conversing with other metaverse users, one may also own a virtual piece of land in the Metaverse. In the Metaverse, a parcel of land is fundamentally a piece of virtual real estate indicated by a Non-Fungible-Token, or NFT. Because every parcel of land in the Metaverse is on the blockchain, its authenticity can be easily confirmed. Virtual land is purchased for a fee that is largely cryptocurrency, analogous to real land.
The majority of people purchase it for amusement or maximizing profits. Virtual land is commonly purchased for amusement purposes, and then virtual experiences are developed on top of it. A user can build multiple experiences and install a multitude of digital assets on them based on whatever project they have engaged in.
People also purchase virtual land in the Metaverse as an investment. One of the major reasons for this is that NFT land is getting progressively scarce. Metaverse users are snatching up parcels in virtual projects at a breakneck pace, causing their prices to skyrocket.
On the Metarix blockchain, every piece of land will be denoted by a non-fungible ERC-721 token. Metarix will have 105,000 plots of land purchasable. On the platform, a total of 9 theme parks and 3 islands will be featured. Every theme park will have a maximum of 10,000 plots, while each island will have a total of 5,000 plots. A district could be formed by connecting three or more parcels. An Estate can be formed by joining two or more districts collectively.
The virtual plots can be bought with the Metaverse’s native Metarix currency.
That’s essentially all there is to know about buying virtual land in the Metaverse. Now is the right time to invest in virtual plots. So, when are you planning on buying your virtual plot?