The idea of the Metaverse attracted a lot of interest from venture capital firms and the cryptocurrency community during the boom. The idea gained even more traction when tech behemoths like Apple and Meta (formerly Facebook) joined the Metaverse trend. These multibillion-dollar tech firms have taken distinct tacks when it comes to the Metaverse, though.
With a complete focus on virtual reality (VR), Meta recently unveiled new smart glasses created in association with Ray-Ban. Apple, on the other hand, released its own augmented reality (AR) glasses earlier this year and has embraced spatial computing.
The CEO of MultiversX, a blockchain-based Metaverse platform, Beniamin Mincu, feels that Apple's spatial computing strategy is more in line with the objectives of the Metaverse than Meta's focus on virtual reality. Although Apple's spatial computing approach provides a more intuitive AR glasses experience, Meta's VR focus may be less intuitive.
Mincu made the observation that while Meta's glasses are mainly designed for a particular virtual world, the Metaverse's true value is found in the interactive experience that takes place inside that virtual world. While the Metaverse has several use cases, Meta's glasses are primarily intended for just one.
Mincu also talked about the upcoming October 19 technical updates for MultiversX, highlighting how they are in line with the spatial computing methodology and have the potential to improve scalability. Key features like consensus signature checks, parallel node processing, early block proposals, and dynamic gas cost improvements will be included in these upgrades. Consequently, it is anticipated that transactional throughput will increase seven times, resulting in shorter finality and faster confirmation times. On-chain governance, a better virtual machine, and an improved relayed transaction model that enables network tokens to pay for gas expenses are some of the other upgrades.
These technological advancements and the use of spatial computing may have a big impact on how the Metaverse develops.
