Table of Contents
Due to the constant launch of innovative and cutting-edge technological advancements, our world is continuously evolving. Global communication was tough for us a few decades ago. And now, thanks to the development of the internet, communication is much simpler. We are now being introduced to the Metaverse and the Multiverse ideas, which could change how we connect with others and access information. Most people think they sound and look the same. They are not, though. In this article, let’s understand the difference between both concepts.
Metaverse in a nutshell
In the Metaverse, you can easily communicate with others worldwide in a virtual setting. You can express yourself in these realms by making your own avatar and other modifications. Additionally, everyone can join environments of their choice. If you enjoy real estate, gaming, business, or virtually any form of scenario, the Metaverse is for you. Even though you are engrossed in technology, these virtual worlds integrate tangible elements to give you the impression that you are in the real world.
Multiverse in a nutshell
Every virtual world in the Multiverse has its own unique set of rules, characteristics, and ecosystems. We are actually in the Multiverse period of technology if you look carefully.
The various virtual worlds in online games provide the most precise illustration of the Multiverse. Virtual worlds, in general, are evolving into important centers for social interaction and entertainment. Therefore, it is simple to see that social media platforms, online games, and massively multiplayer role-playing games (MMORPGs) are already an element of the Multiverse.
Multiverse Vs. Metaverse: How are they different?
- Concept:
Both ideas are relatively young, with their roots extending back many years.
In 1992, science-fiction author Neal Stephenson used the term “Metaverse” for the first time in his book Snow Crash.
In a different context, American philosopher William James first used the term “Multiverse” in 1865. In many areas of study, the idea of several universes was a theoretical concept. But massively multiplayer online games are where the term “Multiverse” first appeared in a technological context. These games provide numerous instances of shared virtual worlds for a limited number of players.
These video games commonalities and differences were referred to as the “Multiverse.” It was also slightly connected to the idea of the Metaverse.
The existence of the Metaverse and Multiverse is one of their primary distinctions. A Metaverse is a platform or setting that is under construction. While the Multiverse might exist or not, there won’t be any creation or processes; they just exist in theory.
- Interoperability:
In the Metaverse, interoperability is essential. It denotes the unification of economies, systems, and avatars on a single platform. The development of an interoperable Metaverse faces numerous difficulties. Nevertheless, a vast range of applications will be made possible via interoperability, which is how Metaverse manages identity, property, and finance.
There is uncertainty about the interoperability of the virtual worlds in Multiverse. The Multiverse may or may not have interoperability. People may claim that interoperability in the Multiverse is constrained since it is more closely tied to multiplicity (parallel virtual worlds).
- Entities:
When considering entities, the Metaverse will contain more than the Multiverse. It will include people, technology, tools, platforms, robots, avatars, etc. Within a single unified platform, each of these entities has a distinct role to play.
Only different gaming virtual platforms with unique characteristics, behaviors, and traits have been observed throughout the Multiverse. Contrary to Metaverse, very few individual parts would be involved in its creation.
- Ownership:
This basis of ownership will also set the Metaverse and Multiverse apart from one another.
As we’ve already mentioned, the Multiverse is a collection of various disconnected virtual universes. This implies that the company that established it will have ownership over all of the assets, experiences, data, and payments. Users can take part in various worlds or purchase properties, but they cannot collectively think about or benefit from them as one.
When it comes to Metaverse, users will have total ownership and control over all of their possessions, money, properties, works of art, and other things. Your avatars in the Metaverse can acquire complete ownership of NFTs and virtual assets, and they can even trade NFTs among various Metaverse platforms.
Which is a better choice?
There is a distinction between the Multiverse and the Metaverse, as can be seen by the comparisons between them. The Metaverse concept sets the way for a time when everyone can live in a networked virtual environment. However, the Multiverse offers the prospect of numerous digital ecosystems.
Due to its cohesive user experience, the Metaverse is preferable to the Multiverse. However, the question arises – Will the Multiverse crash as the Metaverse expands? To be precise, the Metaverse is still being developed. And various virtual worlds in the Multiverse can be used to solve real-world issues.
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.