The Metaverse Overview : Vision, Technology, and Tactics | Vision and Values platform to design a game, and launch cheap, despite it being just a piece of value in the real world, that is, this game for other users to play. In the of coding. Metaverse platforms will exclusivity, competition, and the spatial context of the virtual world mirroring create limited space to simulate the and temporal scarcity of things. Many the real world, UGC is closer to how natural scarcity of space in the real people think that the Metaverse, as a the real world works, with people world, and charge people based on digital virtual space like the internet, finding new land, building homes, and that scarcity rather than length of will be inexhaustible and easily copied, developing their own rules. code pasted, and used for their own use, • Identity economy: This experience but the Metaverse does not work Characteristics 4: Huge potential revolves around avatars. Everyone like this. The creators of Metaverse economic value will have their own avatar in the platforms will endow the Metaverse Based on what the Metaverse can virtual world and will pay for this with scarcity through technologies provide for people, its value arises personalized version of themselves. including information anti-proliferation, from five elements: This realm of the Metaverse will homomorphic encryption, code and attract attention from capital chain non-homogenization certificates, • Social economy: The Metaverse and manage digital asset rights provides various social scenarios with • Digital art economy: this is based through these technologies so data immersive experiences and people on the value of various forms of NFT becomes tamper-proof. pay for these digital artworks, including audio, video, pictures, and even virtual At the same time, the Metaverse • Land economy: As in the real-world shoes has less scarcity than the real world, property industry, there is "land" • Finance economy: The value of making it possible for it to surpass in the Metaverse, and people need financial investments or speculation the real world's economic value. It to pay real money to buy it before opportunities will achieve this through powerful building virtual companies, homes, digital productivity, allowing everyone or communities. Virtual land is not In essence, the value of the Metaverse to create diverse forms, all of which comes from its equivalent sources Figure15: Centralization vs decentralization Centre Consensus Mechanism Centralized Structure Decentralized Structure DefinitionThe center is associated with nodes. Nodes must depend on Definition Nodes are interconnected. Under a consensus mechanism, the center and are not directly associated with one another. each node can become a phased center, and the platform is maintained by all nodes. Features Poor data privacy, vulnerable to attack, slow response speed, Features Strong data privacy, anti-attack, fast response, open & nodes lack information control transparent, traceable Cases Bank, Traditional Internet, Social & Game Platforms Cases Bitcoin, DeFi Traditional Regulation New Regulation Source: Deloitte analysis 18