Accessibility barriers prevent even the hardware needed for a smooth experience from being fully functional. These require the use of powerful processors and graphics cards. These elements are further hampered by the disruption of the global supply chain.
For example, the first Fashion Week on Decentraland experienced several technical issues. The experience has been described as extremely slow, confusing, or not working at all by several users.
The average Internet user does not necessarily have a PC or a console powerful enough for the optimal rendering of these virtual worlds. Therefore, the majority of people cannot fully experience the metaverse as we currently conceive of it.
The infrastructure is not technically ready for mass adoption!
The use of social networks only really took off when the number of users of smartphones has overtaken the number of conventional cell phone owners. Nor would it have been possible without the development of digital cameras that rival built-in cameras and the growth of the mobile data network.
For the metaverse, the accompanying technologies are not very accessible: VR headsetpowerful computers and smartphones, etc.
Web3 companies are expanding the capabilities of today’s metaverse experiences. There is no doubt that they are forward-thinking and want to take advantage of this new opportunity and get a head start by entering the metaverse.
But to fully exploit this potential, companies must rethink their approach and explore the reasons for their participation in the metaverse. According to Vitalik Buterin, the co-founder of Ethereum, the companies got off on the wrong foot when it came to creating the metaverse.
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Alm Maye has been a trader and analyst since 2013. He is an expert in equity markets, Forex and cryptocurrencies. He is the creator of Almvest.com and Imveste.com, two sites dedicated to personal finance. He participates in the development of feature articles on specialized sites such as Actions-boursieres.fr, as well as the international network of Finixio.com.