Have you noticed the sudden surge of metaverse projects recently? The metaverse is currently shifting its focus to make room for new technologies. It is adjusting its gears and developing new software and technological advancements like artificial intelligence (AI), augmented reality (AR), and virtual reality (VR).
If you notice, the metaverse was able to mimic the real world and placed everything in a virtual reality. Business, brands, fashion, music, and, especially, sports and fitness are now in it too. We can predict that the metaverse will flourish with the help of web3 and blockchains because virtual reality may revolutionize the health and fitness industry, increase engagement and participation, and expand the market for the fitness sector.
Bloomberg Intelligence projects that the metaverse market will grow to $800 billion by 2024, illustrating its broad capabilities and cutting-edge scientific advancements. You could argue that investing in one of them — the so-called virtual lands — makes sense given that the value of real estate is currently on the rise. It’s best to check on Lootmogul’s global metaverse stadium on this one and see the potential it may bring just by simply investing in it as early as now.
What shapes the metaverse?
The metaverse will be built on seven key technologies, according to experts: 5G communication, extended reality, brain-computer interfaces, cloud computing, blockchain, digital twins, and artificial intelligence. Just think of it as a well secured space where you can keep all your assets in the palm of your hands, connect with thousands of people, transfer digital assets from one platform to another, create avatars and see your digital twin. It will all be possible in this digital space. Although it is not yet a reality, the metaverse has the potential to be the next step in the development of the internet.
Metaverse inventions
All of us are familiar with the metaverse games that only require movement or walking to play. Your smartphone will be able to determine whether you are moving and how far you have traveled. Imagine all those innovations made because of these technologies. You can also expect a lot of virtual worlds that mirror the real world. Have you ever thought of having a shopping spree in this augmented reality where you create your ideal items and see them in the real world as well? There have also been concerts and fashion runways held on Metaverse recently. Maybe it is the reason why creators would benefit so much from these spaces.
Athletes, sports, real estate, and stadiums can also be found in the metaverse, and it is made possible by Lootmogul. You may soon consider exercising and playing your favorite sports in virtual reality. Meeting your favorite influencer athletes, getting to know more about them, and having a game with them is an opportunity only the virtual world can give. Who would have thought that virtual lands could also be valued as much as those physical lands?
If you feel that you have already missed the boat on this topic, fear not — we are only now beginning to launch them, and you have come to Lootmogul at the perfect moment to learn and have them. Don’t be surprised if the virtual world, together with web3 and blockchain, becomes the center of business in the near future. Let’s look forward to that!
What can Lootmogul offer?
Fitness and sports are also booming in this space, as is what Lootmogul is offering. Not to mention their digital real estate, which allows you to reach out to the virtual world. We all know that advertising through billboards is one way to earn money. Do you know that you can promote brands, link to your website, attend exclusive events, build relationships with influencers, and more using metaverse real estate?
Sports influencers from the NBA, WNBA, NFL, MLB, NHL, ICC, Olympics, and many more are driving the fan engagement paradigm in their metaverse through gaming, unrivaled experiences, NFTs, and crypto tokenomics. 15 sports leagues and more than 180 professional athletes are currently signed with LootMogul as influencers.
Through multiplayer blockchain sports games on LootMogul, including basketball, football, soccer, baseball, pickleball, and others, athletes and other influencers communicate with their fans at their nearby stadiums, arenas, and playgrounds. Customers can receive tangible rewards from businesses like shoes, athletic wear, event tickets, etc. Fans can engage in immersive interactions with influencers by building fantasy teams using the avatars of athletes from different sports and playing games with them.
LootMogul is currently constructing more than 200 arenas, stadiums, meta shops, and training academies in the major sports cities around the globe. In order to interact with your favorite sports team or athletes, fans can buy merchandise or metaverse properties. Athletes can engage with fans and brands to boost their social media presence and make money. By interacting with more members of the web3 community and utilizing distinctive NFTs with practical merchandising benefits, brands can boost their revenue.
You can possess metaverse assets, purchase metaverse land, and brand stadiums, seats, and spaces as NFTs. You can trade them all on the OpenSea. Each of these metaverse properties offers advantages and uses in the physical world. You can also win premium passes, merchandise, and tickets, and mingle with sports stars, among other things.
Since they have already completed more than half of what they promised, in Q4 2022, Lootmogul is creating an athlete-led community and gaming hub with Learn2Earn and Play2Earn models.
You can also expect more in the upcoming year.
Q1 2023 — Integrating crypto-fiat payment, interactive games, and merchandizes. More partnerships are to be introduced.
Q2 2023 -Launch experimental LM Metaverse, Own multichain marketplace, and integration with other virtual worlds
Q3 2023 — Launch tokens with staking option, Android app, and optimize the website. Perform blockchain audits
Q4 2023 — Integrate AR and VR technologies accompanying multiple games on various sports.
What makes sports in the metaverse better than in the real world is that they allow you to be in control. Achieve your goals. Regardless of gender, status, or disabilities, you are allowed to be part of the growing community in a space where you can be everything you desire to be. Not to mention the profits you can earn without the need to step outside of your home. You can still invest, expand your knowledge and abilities with their boundless opportunities.
You can expect innovations along the way as Lootmogul is making sure that this project will stay for good. Your feedback is highly appreciated in completing this project and making it the best one to exist in the virtual universe.
Don’t forget to follow their socials to stay updated and be the first to know about their future launches.
Website link : https://metaverse.lootmogul.com/
Twitter Link : https://twitter.com/LootMogul
Discord Link : https://discord.com/invite/mHUqAm8fsh
Telegram Link : https://t.me/LootMogulcommunitychat
