WEB 3.0: The Digital Evolution Has Changed The Game
What is the digital transformation & Web 3.0
The digital transformation is a broad, sweeping transition in how we live, work, and play that is driven by the adoption of digital technologies. The digital transformation is about how we use technology to transform organizations, customers, and partners. Digital technologies have disrupted businesses, industries, and government agencies, leading to a dramatic and positive change in the way we live. We’re at the beginning of the digital transformation of Web 3.0. The changes will increase in pace and intensity in the future as digital technologies continue to disrupt and transform our world.
The digital transformation is an evolutionary process and it’s going to get a lot faster from here. The digital transformation has been underway for several years, but now businesses, organizations, and government agencies are realizing the full potential of these new technologies of Web 3.0. The digital transformation is accelerating at an exponential rate and will continue to accelerate in the future. It is the fifth phase of the web and Web 3.0.
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Miracle can do for you
Miracle Hong Kong has been professional metaverse marketing design and development agency including Virtual Reality (VR) solutions, 3D content and eCommerce Agency in Hong Kong. Our metaverse development team prides itself as one of the pioneering VR Solution companies in Hong Kong. Our Development team explores the home remodeling industry, helping businesses to increase both their sales and design efficiency by metaverse, VR and eCommerce solutions in Hong Kong.
FREQUENTLY ASKED QUESTIONS
The metaverse marketing strategy offers companies and brands a chance to reach the worldwide market. Some of the biggest corporations in this world have already started integrating their digital presence into our physical reality, otherwise known as “the metaverse.”
Web 3.0 is a new version of the World Wide Web or internet, which incorporates decentralization and token-based economics ideas like blockchain technology. Technology engineers and journalists have contrasted it with Web 2.0, wherein they say data are centralized in just a few companies that can be referred to as “Big Tech”. The term “Web 3.0” was coined by Ethereum cofounder Gavin Wood in 2014; it gained interest among cryptocurrency enthusiasts, large tech firms, and venture capitalists from 2021 onward
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online with cryptocurrency or other types of money on the internet. It has been around since 2014 but gained notoriety because it became an increasingly popular way to buy and sell digital artwork during 2021 alone. The market for NFTs was worth $41 billion by then which is near the total value of global fine arts industry’s value as well! An NFT can be one-of-a kind most times or at least designed for a very limited run which gives them their own unique identifying code after all! Arry Yu says that “essentially” (in reality) these things create digital scarcity along with other benefits too such as being decentralized; this makes even more people want to use them now than ever before
The Sandbox Game is a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain. The Sandbox has two smash-hit mobile games which combined generated 40 million downloads across iOS and Android.
In 2018, developer/publisher Pixowl made the decision to bring this successful User Generated Content gaming IP and large community of creators onto the blockchain ecosystem. The goal is to disrupt existing game makers like Minecraft or Roblox by providing creators with true ownership of their work as non-fungible tokens (NFTs) so that they can be rewarded for their participation in the ecosystem.
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