Over the years, the internet has changed, and the result of this development is the Metaverse. Existing at a time when a major shift in the course of human history is occurring, our actual lives are destined to bleed into the Metaverse. The Metaverse is the future evolution of how people will interact, work, and play in society. It will be made possible by integrating the advances in internet technology and fundamental shifts in human behaviour.
As the notion of the Metaverse combines Web3 technologies enabled by blockchain technology, the future Metaverse might resemble our actual world in many respects and even replace certain real-world activities.
Currently, the emphasis of the Metaverse settings is on socialisation and entertainment. The early phases of the Metaverse will likely be dominated by amusement and recreation (by playing, we learn how to adapt). However, it is anticipated to rapidly expand into other industries, including retail, manufacturing, and professional services.
Professional services companies may have offices in the Metaverse where they meet with clients as avatars. In a regulated industry, this avoids fundamental client-knowledge issues. This individual may be impossible to meet. They will likely pay using a digital wallet if they do not have a phone number. The digital avatar may represent an idealised or unrealistic representation of the client's personality; for example, it may have three heads and breathe fire to show anger. Advisors will need to develop new methods of client interaction and communication.