Will the Metaverse be Impactful?

In the whirlwind that is the blockchain and cryptocurrency space, it is easy to get swept up and lost in what is valuable and what is not valuable in the space. This report intends to explore and increase the understanding of blockchain technologies, primarily the emerging metaverse and its use cases, and to demonstrate a better understanding of where this emerging market can create value. Although blockchain has received negative publicity (due to market speculation and price volatility, as opposed to the real value of the systems), the metaverse is a blockchain centric reality with use cases as of today. The community is seeing faster adoption of metaverse and virtual reality environments than other blockchain projects, simply due to its functionality and adoption status. In this report, I will detail the state of the art as we are seeing it today, including but not limited to meetings, land contracts, stores, major companies\u27 outlook in this new reality, marketing endeavors, and other industrial uses. Engage Virtual Reality will provide many of the insights I found on both the desktop and Oculus headset versions. The metaverse is also host to many learning opportunities and classroom applications, which will be detailed on its own for the purpose of this research report. VictoryXR and Engage will be the programs employed to attend virtual class sessions, meetings, and other academia related disciplines. As I explore the metaverse with my advisor Daniel Conway, I will outline all experiences with him, and whether I found there to be shortcomings in these interactions or what excelled. Later, we will build our own program to demonstrate the ease in which anyone can utilize these applications (I have minimal coding knowledge but will be able to construct these environments). And finally, I will give my expectations for the future of this “second world”. This will include where I would continue in the study and what would need to be addressed to move forward. Throughout the process, the underlying question is this: Is it all useful and/or valuable