Web3 and the Metaverse": A Guide to Decentralized Digital Revolutions and Immersive Virtual Worlds

By: West, John D.

Web3 and the Metaverse explores two pivotal paradigm shifts reshaping our digital landscape - the emergence of blockchain-based decentralized internet infrastructure called Web3, and the rise of immersive 3D virtual worlds known as the metaverse. In Part I, we chart the evolution of the traditional internet into the centralized Web 2.0 system dominated by tech giants, and how emerging Web3 models aim to redistribute control and participation using innovations like blockchain, cryptocurrency, decentralized finance and decentralized autonomous organizations. We analyze benefits around censorship resistance and user empowerment as well as scalability challenges and adoption questions.
In Part II, we examine key metaverse technologies powering more immersive social, gaming and commercial experiences including virtual reality, augmented reality and 3D engines. We explore concepts like interoperable digital asset ownership through non-fungible tokens (NFTs), creator economies for digital goods, and persistent decentralized identity schemes. As with Web3, we weigh uncertainties around access, moderation and consolidation.
Across both topics, the book investigates technological capabilities alongside social impacts and governance considerations to provide rounded, critical perspective. Web3 and the metaverse constitute twin digital revolutions rich with promise yet rife with tensions deserving constructive debate. By charting this unfamiliar landscape, we aim to assess implications and steer outcomes responsibly on societal terms rather than solely technological ones. Understanding and integrating these transformations proactively puts their possibilities to highest purpose for human flourishing.

• Format: Paperback
• Language: English
• ISBN: B0CRF1M5XL
• ISBN13: 9798873792542
• Release Date: January 2024
• Publisher: Independently Published
• Length: 68 Pages
• Weight: 0.23 lbs.
• Dimensions: 0.1" x 6.0" x 9.0"