feel like i need to do a little disclaimer on this video here before we fully get into
what is the metaverse what is web3 i don't want to see a bunch of the comments being like it's
such a stupid thing why are you even talking about birds i don't know where that voice came from but
i understand there are a lot of people who are super for this and are super against this now
i'm not here to tell you what is right and what is wrong what i am for what i'm against i'm just here
to share with you the information so whether you are for or against the metaphors and web
3. i think right now we just all need to be in a stage of education learning exactly what are these
platforms what are we speaking about what are people speaking about when they say web3 what are
they speaking about when they say metaverse and from there make an educated decision on if you're
into it or if you aren't there isn't one right way or one wrong way but i think people are just being
really close-minded and just shutting things down really quickly without even understanding exactly
what they are so today we are going to do just that talk about what is the metaverse and web3
before we get into it though make sure to hit that subscribe button for more tech encoding related
videos leave in the comments other videos you want to see and okay let's just get right into it
so no surprise this whole video was based on there's been so much hype and talk recently
around the metaverse and web3 and blockchain and crypto and i can keep on going on and on and a lot
of people are like what the heck this is terrible and a lot of people are like this is amazing
and i'm just over here in the camp of i just want to learn more so that's what we're doing
today and i also want to say i'm still learning so it's not that i'm an expert at this but i'm just
when there is so much hype and so much talk and so much millions and billions
being invested into this i want to know what's going on so let's start with the metaverse the
concept of a metaverse of spending time online in a virtual world isn't really something new
think about the platforms we already have where we do just that whether you're you are someone
on roblox maybe you know someone roblox or even fortnite building characters um then
living in this virtual world it's not really a new concept so why all of a sudden is this becoming so
controversial and so hyped up well i think for one because people are scared because when you think
of a metaverse and people start talking about living and working in the metaverse it can freak
you out because it's like am i going to spend all my life all my days all my hours online or like
making virtual friends i want to live in the real world and i think that's one of the areas people
get really freaked out about the metaverse okay so the metaverse when you think of it you can think
that technologies that make up the metaverse can include virtual reality um virtual worlds that
exist that continue to exist i should say even when you're not playing even when you're not
part of it so typically when we think metaverse as of recently anyways we think of ar a lot we
think of putting on the goggles and going into this virtual world but as i mentioned it doesn't
have to be accessed that way for example once again fortnight and roblox also when we think of
metaverse you can think of the ways that it will translate into the digital uh economy where users
can buy create and sell goods you know for example nike just got on board and bought a company
for virtual shoes actually and i think they didn't actually announce how much they spent on it but
all these big companies adidas being another one fashion companies are getting into
virtual clothing because as there are more people getting into the metaverse they are
going to want to dress their characters address their mini me or whatever you want to call them
very stylish and this is a huge economy but the reality is and i think it's more important than
anything to keep in mind no one really well i shouldn't say no one i'm sure some people do but
the average person doesn't really know what the metaverse when we speak about it like this
is fully going to look like there what we know at this point in time is there are tons of companies
investing millions and millions of dollars into this to kind of see what will happen in it for
example facebook or sorry let's rephrase that meta thinks that it might mean including fake
houses where you can invite your friends to hang out whereas microsoft seems to think
it could involve more virtual meeting rooms so at this point i think the term is still really
vague and being explored now i'm not saying you need to be an expert on what the metaverse is
but even having an understanding virtual world why would people want to do this especially as we are
being more remote and working from home and isolated it might be nice in a way to feel part
of your office again by going in the metaverse and having those virtual meetings just saying
okay now that we've kind of covered what the metaverse is let's talk about the blockchain
but before we do that i need to get some tea where is some tea over here actually maybe some coffee
okay i'm back how do you get some coffee you know it's just been like a long
long long day but it hasn't been that bad today i've been talking to you so it's been good
but um as you can see it is so snowy outside and just like crazy crazy cold so welcome to
canada okay let's get back to it the question we were answering is what is web3 so i have
some notes here on it because as i said i'm not an expert i'm still learning but i think it's really
important to just like talk through this and learn together so on my notes here i have web3 refers to
a potential new iteration of the internet internet that runs on public blockchain so what exactly it
means from my understanding is when it's running on blockchain it's decentralized which means
users can access the internet for themselves they don't need to go through these big companies such
as google apple facebook whereas they can just go on their own terms and also too you can think
of it about the data collection side so web3 would protect you more so from the data side
by being able to have better privacy not have to go through all the permissions of oh i accept all
these permission permissions from facebook or from whatever company it is versus it's decentralized
no one owns it and no one is taking that data from you of course let's let's be real at this point
there is no necessarily web3 that we can access it's just a concept that is going to be a reality
very soon um and kind of thinking about from a perspective of blockchain developers so so many
blockchain developers really see a future with this a better future with this there are a lot
of drawbacks or negatives to it as well so i'm not saying that web3 is the end-all feel but rather
an alternative and also too it's really important to note that when web3 comes around it's not just
going to replace what we currently have but i really believe it will run alongside of it you
can't completely get rid of um the current web and how we currently use systems but rather it
will slowly over time be integrated okay but one of my questions i had is what came before
web 3 like what is web 2 and what is web one so i have notes here about that as well so web one uh
covers you know the 90s and the early 2000s which was more decentralized and um really was more open
source and then what came along is what we have now which is web 2. and when you think of web
2 you can think of it more so as the internet today how did you search something online well
you probably used a big company such as google to do so how did you speak to your friends online
well you probably used a big company such as facebook to do so or the metaverse um different
things like that that's what we currently have now our big companies really run the web so it
only makes sense that there's going to be another portion to this and something else will come along
coffee coffee what they say the liquid drink the drink of programmers it's very true i drink a lot
of coffee okay and then the last question i had is what does web 3 really have to do with the
metaverse like why are they talking about both of these so much and a lot of technologists are
saying that web3 will really help incubate the metaverse or contain a metaverse that is ran on
the decentralized blockchain so the metaverse would be run by a network of computers around
the world rather than a few big companies which when you think about the metaverse and you think
of the few big companies that could run it it's terrifying whereas if you think if it was more
so built on web 3 or with web 3 it's way less intimidating it seems like okay this could be a
lot more friendly and less of these tech companies kind of controlling our data and everything we
do okay so that is from what i've learned so far the metaverse and web3 and once again this video
isn't to convince you it's a good thing or bad thing it's just to share with you information of
what these two these two things are these two buzzwords really are and what the
potential for them are i hope you found this video really helpful and insightful
and also really friendly i didn't want to make this video and it become across as very
static or dry but rather just some information that i would share with a friend as i'm continuing
to learn about it as well i'm curious to know though what are your thoughts on the metaverse and
web3 leave in the comments below and remember just stay open minded we are people in technology it's
important to just stay open-minded if you haven't already make sure to hit that subscribe button for
more tech and coding related videos shout out to some of these subscribers here thank you for being
amazing you all just wrong okay i'll see you all soon thanks everyone you