Is the structure of Metaverse centralized or decentralized?

by | 7 Dec 2022 | metaverse

The Metaverse is an immersive and adaptable platform, so that when we enter different
virtual spaces it’s easy to notice they are not all the same.
One of the main distinctions is made on Metaverse’s structure, which can be either centralized or decentralized.

 

The Metaverse was born from the need to create a virtual space where users can access freely and carry out in there all the activities they want, without having to worry about the barriers caused by distance. The aim is that to offer give participants a new, completely immersive reality in which it is possible to build, make, learn and discover.

Previously dealt with in an article of our blog, the Metaverse’s chain of value – theorized by Jon Radoff – stands out for being composed of 7 layers, including decentralization. This concept recalls the Metaverse structure, but we must make some points clear to understand it in its wholeness.

 

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FIRST AND FOREMOST, METAVERSE OR METAVERSES? WHO RUNS?

Even if it’s common to refer to a “single” Metaverse, bringing out the idea that this is a unique virtual space inside which there are other entities, reality is quite different: there are many Metaverses, about forty and each one independent. Clearly, everyone’s aspiration for the future is to make it possible to create a single, interoperable system of avatars and assets among the various virtual spaces, so to get users able to switch easily from one place to another.

As regards web 2.0, we are aware that we’re talking about a system ruled by a few big players. Users’ and companies’ actions within the platform are influenced by the choices, policies and boundaries set by the governors. On the contrary, the Metaverse not only stands out for its immersion level, involving interactions and innovative, enabling ITs, but also because, in its most utopian version, it would be a free platform, unencumbered by any single person’s or company’s ruling power. In other words: everyone could create their virtual space. The choice of rendering a single digital environment centralized or decentralized depends on the entity that regulates it and, of course, on the aims because of which it has been created. It’s easy to imagine a metaverse exclusively aimed at business objectives.

CENTRALIZED SYSTEMS VS DECENTRALIZED SYSTEMS

The substantial difference resides in how much control is allowed to every single Metaverse’s community. Either users can simply login, perform there their activities and customize their avatar, or their actions can influence and affect the marketplace of the Metaverse they are in. In a centralized Metaverse, users can freely create contents or games, but the property of these last is given to the entity behind that virtual world. In the case of a decentralized Metaverse instead, the contents or games that are being set up in there remain owned by the creator users.

Dematerialization of physical objects, which is typical of the virtual world, makes it possible games and contents’ making and sale. From the exact chance for users to commercialize products or services within the Metaverse may derive an entity’s decision to make its virtual space either centralized or decentralized. Basically, this Metaverse’s feature depends both on the objective of the gestor entity and on the activities that are offered to internal users. A decentralized system is preferrable if a virtual space is the scene of transactions resulting from agreements between users and a related exchange between goods and cryptocurrency. This because it is essential to collect and guard data, identities and history of the sales taking place on the platform, in order to grant users clear and transparent forms of purchase. As a consequence, a decentralized system appears to be unnecessary if the virtual space is the scene of activities that do not require the sale of goods or contents. In such a case it is preferrable a centralized system, where every factor is under the brand control.

HOW IS OUR VIRTUAL SPACE META PRESENCE® CLASSIFIED?

TechStar virtual space, Meta Presence®, is a centralized system. In this case, being the platform dedicated to activities such as learning, training and meeting, it turns out to be necessary to keep this approach. In Meta Presence®, in fact, users log in with an avatar that can be tailorized at their convenience and, furthermore, they have the possibility to choose the environment that best suits their needs. From that moment on, they are free to follow the in-progress lessons or to interact during a meeting, they can visit a showroom or more simply catch up with customers and suppliers. Meta Presence® is the perfect place for companies since it supports and accompanies them to bring their business in a virtual world that is professional, centralized, analysable and manageable on the basis of all the corporate KPIs.

Discover Meta Presence, our solution for business in  the Metaverse

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