Pandemic effect on Metaverse

METASPACE
2 min readApr 11, 2022

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Forced isolation urged all to be homebound for almost two years during the pandemic. People started using the internet for education, entertainment, shopping, earning, and much more when locked up in rooms. Isolating ourselves was the only escape from the pandemic. After a while, people got comfortable accessing digital facilities. The world started to grow gradually and slowly becoming fully digital.

A few months ago, Facebook re-branded and changed its name to Meta. After that, the concept of Metaverse came into effect at an accelerating rate. People started to engage in the Metaverse technology soon after Facebook changed its name. Companies generated a considerable amount of profits as soon after it began to grow. Hundreds of brands that suffered a massive loss during the pandemic started to incur significant earnings in the Metaverse. The production cost for the brands also decreased drastically. Companies that didn’t even exist several years ago are prominent and value more than 1 million dollars in Metaverse.

Digital replicas are developed in Metaverse. Users can now purchase and sell them in the digital world exactly like they do in the real world. Metaverse also helps you buy and sell real estate and let you earn money to play games.

Three ways — Pandemic is influencing the Metaverse to boom.

1. The debate is still going-on whether to work full time in the office or not?

During the pandemic, challenges arose in abundance. Work from home started to normalize. In companies where most jobs are done on laptops, continuing working online but there are many more big reputed companies which require physical work and labour to complete the daily tasks. The debate is still on whether to return to an office job full time or not.

Business owners argue that workers in one place tend to work in a more creative, energetic and collaborative manner. They become more productive, which gets humongous profits for the company. Others are still afraid to get back to the ordinary world where there could still be a risk of getting infected with covid-19.

Therefore, technology has come up with its best. Metaverse will continue to acquire a large part of the 3D virtual world which appears and works better than our natural world. Nevertheless, whatever is going on in the world, Metaverse will survive for many years ahead of us.

2. Children suffered huge education losses.

In times of pandemic, children started to panic….

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METASPACE
METASPACE

Written by METASPACE

METASPACE is a blockchain-powered metaverse that combines gaming, virtual concerts, holy pilgrimage, immersive shopping experience. https://metaspacechain.com

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