There are different types of metaverses that exist, including immersive, Ready Player One-style metaverses, and blended ones that incorporate the real world. The structure and infrastructure required for metaverses are essential, with digital twins and spatial computing being key components.
Building a metaverse is a technical challenge, with factors such as whether it is persistent or decentralized and how it is deployed coming into play. Transport, transform, and transact are three vital aspects of a metaverse, with transaction being essential for users to interact with the space.
Transactions are also crucial for the long-term sustainment of any metaverse, particularly in the Creator economy. In web 3, users own their data, and external repositories of decentralized servers and networks store the data instead of within the system. This enables users to choose what data is accessed by websites, and if full access is given, they can be compensated or transacted with that data. The shift from centralized data in web 2 to decentralized data in web 3 enables users to monetize their information and content creation.