3 Reasons Why Tokoverse is the Promised Land of the Metaverse
The concept of Metaverse originated from a 1992 sci-fi novel titled “Snow Crash” by Neal Stephenson. The main protagonist of the novel is Hiro, a pizza delivery driver who moonlights as a hacker for the mafia though Hiro is somewhat unreal as he exists “in a computer-generated universe known as the Metaverse.” In Snow Crash’s version of the Metaverse, users can take on the form of virtual avatars that enables them to do all sorts of things in the Metaverse which “is a fictional structure made out of code… (and) everything that you see in the Metaverse, no matter how lifelike and beautiful and three-dimensional, reduces to a simple text file: a series of letters on an electronic page.”
Notwithstanding the digitized nature of Snow Crash’s Metaverse, events that take place in the Metaverse have real world consequences as illustrated by the fact that the main plot of the novel’s storyline is about Hiro fighting against a virus i.e. the Metavirus which threatens to incapacitate the brains of people who are connected to it. As the novel explains, “The Metaverse has now become a place where you can get killed. Or at least have your brain reamed out to the point where you might as well be dead.” Fast forward to 2022, the concept of Metaverse is a raging trend in the digital domain which would be heralding a new virtual reality that is set to be so real that it would be surreal.
Meta’s Metaverse and Microsoft’s Mesh
With the Metaverse market projected to be worth more than USD800 billion by 2024, it is not too surprising to find that Metaverse projects are mushrooming all over the digital realm. Leading the way is the social media giant which was formerly known as Facebook but had since October 2021 been rebranded as Meta, alluding to the company’s unwavering commitment to the concept of Metaverse. Along with its rebranding, Meta released a keynote video in which its co-founder and CEO, Mark Zuckerberg sets out his vision of the company’s Metaverse that would allow users to “socialize, learn, collaborate and play in ways that go beyond what we can imagine.” While Meta may have just joined the Metaverse party, its fellow Big Five tech companies i.e. Microsoft has gone about its own Metaverse project which takes the form of Microsoft Mesh.
The crux of Microsoft Mesh is its Holoportation technology which enables the 3D reconstruction of users to create their “lifelike and photorealistic” virtual avatars that would enable them to move around the Metaverse. Through the combination of Holoportation with another of Microsoft’s technology i.e. HoloLens, users can interact with each other through their virtual avatars as if they are face-to-face with one another in the same physical space. In November 2021, Microsoft announced that it plans to roll out Microsoft Mesh through the integration of the project’s Metaverse features with the company’s collaborative workspace platform i.e. Microsoft Teams in 2022. With this, the dawn of the age alternate reality is set to befall upon us with Tokoverse primed to lead the way as the Promised Land of the Metaverse.
Tokoverse, the Promised Land of the Metaverse
As an avant-garde crypto-based ecosystem, Tokoverse is home to a host of projects which straddle the key domains of the crypto world. Tokocrypto’s international development strategy for Tokoverse envisages the global expansion of the ecosystem through the creation of tactical functionalities for Toko Token (TKO) by equipping it with a full spectrum of cross-border use cases in multi-industries. In this regard, Tokoverse would be leveraging the concept of Metaverse to allow crypto enthusiasts from around the world to digitally experience the features and functionalities of the ecosystem’s components. Here are 3 features of Tokoverse which provide 3 reasons why the ecosystem is the Promised Land of the Metaverse:-
Feature #1 — Connecting the Metaverse Through Non-Fungible Tokens (NFTs)
Harnessing the fungibility of NFTs for community building, Tokoverse has combined with AZNverse (Asianverse) through a collaboration which entails the minting of 10,000 unique South-East Asian AZNs to represent our rich Asian culture while helping the community grow richer. In line with the community building agenda of the collaboration, AZN holders would be members of an exclusive club whose benefits and offerings will grow over time with AZN serving as a digital identity which opens doors for its holders in the digital world. Better yet, rare-tiered AZN holders will automatically get free access to facilities in T-Hub, a crypto hub for crypto and NFT enthusiasts located in the picturesque island of Bali in Indonesia.
Feature #2 — Gamifying the Metaverse with Play-to-Earn (P2E)
The Metaverse of Tokoverse would incorporate a host of initiatives driven by partnerships involving the deployment of the P2E framework such as the recent collaboration between Tokocrypto and blockchain-based game Duckie Land. Through its P2E partnerships, Tokoverse would pave the way for the video gaming community to have fun doing what they like best while being financially rewarded with cryptocurrencies. Moving forward, Tokoverse would be entering into future collaborations to replicate the success of the P2E domain in the Metaverse involving the deployment of the P2E mechanism in multi-industries including global fashion, lifestyle, technology brands and even government entities.
Feature #3 — Revolutionizing the Metaverse with Internet-of-Things (IoT)
With the advent of 5G technology rendering the dawn of the era of Internet of Things (IoT) to be a plausible reality, the next ideological leap is the embracing of IoT’s sub-concept of Internet of Bodies (IoB) whereby the use of wearable bionics could eventually lead to the amalgamation of our minds and body to be one with the Mixed Reality (MR) alternate dimension that blends together the physical and digital worlds to create a hybrid dimension in which physical and digital objects can co-exist in an interoperable manner. As the boundaries between the digital and physical worlds become increasingly blurred, Tokoverse will be leading by example when it comes to bridging the two worlds to bring to fruition the endless possibilities of the Metaverse.
Although the jury is still out as to the precise configuration of Metaverse, the common ground is that the Metaverse is set to transform the manner in which humans interact among themselves in the digital sphere. Whilst Metaverse has often been described as the future of the Internet, some big names in the tech industry notably Pokémon Go creator, John Hanke and the inventor of Augmented Reality (AR), Louis Rosenberg have painted a rather dystopian picture of the Metaverse with John describing the concept as “dystopian nightmare” and Louis hypothesizing that it could end up being a “dystopian walk in the neighbourhood.”
Notwithstanding the prevalent doubts pertaining to the precise configuration of the concept of Metaverse and what it would entail for the future of humanity, one thing for certain is that Tokoverse would be harnessing the concept to realize the innate potential of cryptocurrency as part of our efforts to fulfil the fundamental purpose of all technologies which is to improve quality of lives by making complex life-enriching functionalities simple to use. Armed with the future-proof utility token that is TKO, Tokoverse is all set to be the Promised Land of the Metaverse.
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