Live like an NFT in the Metaverse

*Tom Graham

The Metaverse isn’t just about creating realistic virtual experiences, it’s enabling hyper-real experiences. This is the process of creating personalized content based on data, or what people do and say and what they reveal.

In a sense, hyperreality is not just a goal, but may be a necessary end state for the metaverse. Immersive digital experiences can only be scaled to billions of people when content creation is automated through artificial intelligence (AI).

Hyperreality happens when we interact with real digital content that looks exactly like real life – it’s so immersive that the distinction between “real” and “digital” is less important than the experience itself. In this way, surreal is an extension of reality, not just a lower-resolution “digital version.”

The way AI uses facial and voice biometrics — and the preferences we reveal in that data — will not only recreate our favorite physical environments online, but alter them. In this context, we must build tools to help us regain control of our digital lives and experiences.

The Metaverse promises that everything from work meetings to parent-teacher interviews will take place in the same real-world virtual world as our homes, schools, and offices. Let’s interact as an embedded avatar. There will also be game worlds and fictional universes – we can be whoever or whoever we want.

With the emergence of this surreal metaverse where our avatars merge seamlessly with our real-life identities, it is imperative that we maintain control. We need to protect our identities and have deep personal biometrics that AI models use to build and animate our lifelike avatars.

In fact, Web 3.0 added a layer of user-centric ownership of the Internet, today based on a “read/write” model (a term referring to a type of computer memory that can be viewed/read and modified/written).

Non-fungible tokens (NFTs) will play a key role in enabling more realistic forms of content engagement and will also lead to the creation of new digital economies. Ultimately, the Web 3.0 Internet will be “read/write/own.”

NFTs and blockchains are essential technological elements that will enable ordinary people to create and have their own hyperreal synthetic avatars in the metaverse.

In the future, everyone will have an NFT in their wallet that links their sensitive biometric data stored offline. These NFTs will provide the basis for our persistent virtual identity. We’ll use our wallet to log into experiences like immersive 3D Zoom meetings or hyper-realistic sports games, just as we log into apps with a Google account.

However, this is very different from the relationship between people and their data in the Web 2.0 paradigm. Blockchain will allow users to verify their identities in the real world, control access to their biometrics, and agree on how to present them in hyperreal content.

This also allows us to directly participate in the new wave of virtual economy. For example, we may track our participation in virtual events and be compensated for the data we create online and our share of any advertising revenue or brand activation achieved through participation in the Metaverse experience.

We will also be able to contribute our personal datasets to build more representative and realistic virtual worlds. When we become part of the content experience, it makes sense that we share your financial advantage.This is the power of Web 3.0

new data attribute

Since the birth of the Internet, we have lost control of our data in two ways: gradually, and then suddenly. For a long time, the only people who raised concerns about data ownership were activists, who watched in horror as companies built toll booths on the “information superhighway” and began to extract value from personal data.

With the rise of social media and Web 2.0, it’s impossible to ignore how big tech companies have amassed unimaginable amounts of personal information without our knowledge or true informed consent. Who actually reads the terms and conditions?

For many people, giving up control of their data is an easy choice. The internet services and products we use every day are so convenient, our personal data is the price we pay for using them.

Web 3.0 offers a revolutionary window of opportunity through which we can claim our hyper-real virtual identities without handing over our personal data to centralized third-party platforms.

There are still many questions to be answered about data security in Web 3.0—for example, whether we can recover our identity if we lose our keys. Likewise, it is critical that the high-resolution biometric data on which personal avatars are based does not fall into the hands of every company or developer creating virtual experiences in virtual worlds.

The concept of extending our personal sovereignty into virtual spaces without owed business is a powerful idea.

If the metaverse is to be a seamless extension of physical reality and other things, we will need to enable persistent, portable versions of our virtual selves. We don’t need to change our identities when we go to a store, office, or a gathering of friends in the real world, nor should we in the virtual world.

While we may have multiple versions of surreal avatars that allow us to play with our identities — such as creating a younger version of ourselves or presenting ourselves as a different gender — these surreal creative permutations are based on our data The world, reality, personality and desire.

When we store personal data securely on NFTs, we can transmit that information in the virtual space of Metaverse.

At the same time, non-fungible tokens give users complete control over when and how third parties use this personal information. We can prove that we are who we say we are in all circumstances without us first disclosing confidential personal information.

Hyperreal NFTs like this can become a decentralized, user-controlled authentication platform built into the fabric of Metaverse.

This transition to the surreal is already well underway. Those working to use NFTs to protect personal data are charting a path to a virtual world where our virtual selves possess all the traits we value in our flesh-and-blood identities.

In fact, our physical selves are irreplaceable, and under ideal conditions, we are in control of our bodies and behaviors. Now we finally have technology that enables ordinary people to protect and control who they are and what they do in the virtual world.

But the more realistic the virtual world becomes through technological advancement, the more we need to think about who we “be” in an internet that looks like reality. The surreal metaverse may be more like Web 3.1 than Web 3.0, because we will have a “read/write/own/be” Internet.

If the digital world we occupy looks like it was captured with a camera and filled with real versions of ourselves and our loved ones, is it still just the internet?

Or are we creating a perfect extension of reality that forces us to “be” ourselves beyond the confines of the physical world? Or do we create a little more than ourselves?

* Tom Graham is co-founder of Metaphysic and developer of Every Everyone, an AI platform for creating NFT-based hyperreal avatars

How far can cryptocurrencies go? What’s the best way to buy them? We have prepared a free course step by step.Click here to watch and receive InfoMoney’s Cryptocurrency Newsletter

Leave a Comment

Your email address will not be published.