The Metaverse is focused on mimicking the characteristics of the real world in the digital space. Furthermore, interactions with this world will go beyond just mouse, keywords, or screen. VR in Metaverse will be completely changing the way we consume content on a daily basis. In this blog, we are going to discuss the potential of VR in Metaverse. 

Before diving into an in-depth discussion, we must understand the concept of the Metaverse in detail. 

What is a Metaverse?

In today’s internet, the user experience is quite confined to input devices like touchscreen, keyboard and mouse, and digital screens. Thus, the user experience is limited and not that interactive. 

In a Metaverse, the users can have realistic digital-world experiences by using a VR headset and interactive web content. Thus, they can buy digital products, play videos, and games, socialize with people, and consume interactive media in this virtual world.

We can take the liberty to say that the Metaverse is not a technology, instead, it is an innovative vision of engaging with the digital and real world. In fact, Metaverse could be the best attempt in trying to remove the difference between the real and the virtual world. 

Mark Zuckerberg isn’t the first person to coin the term ‘Metaverse’ to the public. In fact, the concept has been there for a long time. However, the vision and goals of the metaverse may differ from company to company. Still, the main idea of the Metaverse lies in a real-time rendered 3D world where multiple users can interact with each other. 

Development of the Metaverse 

The development of a Metaverse is highly dependent and influenced by advancements in technologies such as virtual reality, augmented reality, artificial intelligence, Blockchain, etc. Thus, it is still a concrete concept in today’s digital world. However, big players like Facebook, Microsoft, Nvidia, and Apple are investing heavily in VR in Metaverse and Blockchain development.

Rules of the Metaverse

There are certain rules which must be followed by the businesses trying to implement their own version of the Metaverse. 

1. There should be one single version of the metaverse if we want the actual Metaverse. 
2. The Metaverse should be available to use for everyone. 
3. No single authority or individual should be able to control the Metaverse. 
4. The Metaverse should remain open without any downtime. 
5. The Metaverse must be hardware-independent/agnostic.
6. The Metaverse will be dependent on the internet or a network. 

So, we have understood the definition and core rules of the Metaverse. Now, we should also understand the six main characteristics that will help you define the Metaverse. 

1. Identity 

The digital representation of an individual completely depends on the user. Above all, they can express themselves better by creating their own unique avatar. From head to toe, they can define the individual aspects of the character’s look and appearance. 

2. Multi-Device Support 

The main purpose behind metaverse is to provide maximum availability to the users. Thus, the Metaverse should be easily accessible from anywhere and on any device. In fact, it should be accessible from any phone, tablet, PC, or other device. However, the implementation of VR technology into the Metaverse would be the greatest leap towards an immersive experience.

3. Immersive Experience

We all know that a truly immersive experience includes the sensations of sight, touch, smell, hearing, and taste. The 7D movie theaters greatly provide such an experience by vibrating the chairs, controlling the temperature, or throwing sprinklers of water.

Thus, using VR technology with the Metaverse will be helpful for mimicking the images and sounds of the real world. Furthermore, the next-generation VR headsets are expected to be shipped with haptic bodysuits and omnidirectional treadmills.

Together, these extensions in the VR technology will give physical sensations via electro-stimulation as the users navigate in a digital environment. 

4. Digital Economy 

A fully interactive Metaverse is meant to have its own functioning economy separate from the real world. In fact, this digital economy would provide opportunities to the users to earn and spend in digital or fiat currencies. Roblox is an amazing example of a Metaverse implementing its own digital economy. Thus, implementing VR into such an interactive environment will make the virtual economy appear almost real. 

5. Community-Powered 

A Metaverse is a concept of next-generation instructiveness and digital communication. Thus, it will be built on a huge community that can interact and share experiences with each other. We can already see this engagement in interactive video games that share some characteristics of the Metaverse. 

6. Persistent with Real-Time

Open-world video games can be paused by the users. However, this is not the case with the concept of the Metaverse. This virtual world will be real-time persistent without having the ability to pause the game. In fact, the Metaverse will continue to exist even when the users leave the digital experience. 

Why Does Metaverse Need VR/AR Technology?

As discussed before, VR/AR technologies will be the major extension of the Metaverse. In fact, they will be adding real immersive elements to the virtual environment of the Metaverse. VR in Metaverse will be very helpful in breaking the difference between the virtual and the physical world.

Sensory experiences can also be achieved with the help of VR in Metaverse. It will be just like touching a specific object or walking within the real or virtual world. Moreover, we can add immersive elements to the Metaverse world with AR technologies. Consulting a Blockchain development company can help you prepare for the Metaverse.

Importance of VR/AR for Metaverse Development 

The digital world that we know today is mainly based on the interaction with screens and input devices like touchscreens, buttons, keyboards, etc. However, Virtual Reality provides a more promising interactive 3D environment. Users can ensure better telepresence when they use VR technology in an immersive Metaverse.

VR is already very effective in blurring the line between the real and the virtual world. There are so many games that give an almost life-like experience with incredible graphics and sound effects.

Bringing Metaverse and VR together can certainly change the way we would explore virtual locations like schools, concerts, parks, theaters, etc. Users are gonna have a real sense of presence in a virtual place while using the Metaverse. Collaboration and communication with people in the virtual world will feel more realistic and natural with the inclusion of VR/AR technologies.

Real-Life Examples of Some VR Apps 

1. Popular fashion brands like Tommy Hilfiger are offering a 360-degree experience of their fashion shows organized across the world. Thus, the users can just plug in a VR headset and be a part of the audience watching the fashion shows. This could be a great case study of VR technology in the fashion industry of the Metaverse. 
2. The famous shoe company Toms is using VR technology to launch its donation campaign online. Donation is given to children in the form of a pair of shoes with every new pair of shoes purchased by the customers. A partner company will be traveling around the world to donate the shoes directly. Thus, a VR experience has been built to invite the customers to virtually join this charitable trip. Through an interactive experience, the attendees can even virtually see the recipients and their living conditions. 
3. The Tilt Brush allows its users to paint in the 3D space with the help of virtual reality technology. Thus, the users can go beyond the limitations of the 2D canvas to unleash their creativity in the 3D space. 
4. There are hundreds of VR apps that allow users to just, hang out, and interact with each other. This is a great example of interactive communication with the help of VR technology.
5. Metaverse worlds like Decentraland and the Sandbox will take the use of VR technologies to the next level.

Evolution of VR Devices

The VR in Metaverse will open up new opportunities for businesses and individuals around the world. However, the current hardware and software might not be enough to simulate a truly immersive and realistic virtual world. We will certainly need a lot of development in the Virtual Reality technology to improve its capabilities for the Metaverse. Some of the features and changes could be a major step forward in VR technology; 

Haptic Body Suits  

Wearing a VR headset on your head might not be enough to give you sensory interactions. Therefore, future VR devices will come with a vest, full-body, or gloves to provide a sense of touch with vibration motors and electro-simulations. As users start to explore the virtual world, these suits will provide sensations like the real world.

Omnidirectional Treadmills 

Walking itself is a very engaging and interactive activity. In fact, you have to constantly optimize your center of balance to avoid falling. Using omnidirectional treadmills will enable the users to bring their physicality to the virtual world. Moreover, the future omnidirectional treadmills will allow people to walk, run, or even jump in the VR experience.

Brain-Sensing Devices 

Using any input device such as keywords, mouse, touchscreen, or motion controller is not truly interactive. Imagine a virtual world where users can control things in real-time by using their neural signals in digital inputs. Such concepts would require highly advanced machine learning algorithms to process brain activity and understand the active visual focus. Ultimately, the users will be able to move an object in focus in the virtual world.

Differentiating Between VR and the Metaverse

There’s often a misconception that VR and the Metaverse are the same things. However, there’s a huge difference between the two concepts. VR is an interactive technology that works as an extension of the Metaverse. Above all, it ensures better telepresence in the virtual world.

The Metaverse, on the other hand, is a much wider concept that aims to mimic the real world into a truly immersive world. It will enable people from all around the world to connect with each other. The Metaverse will function as a virtual, shared, and multifunctional universe. Essentially, Metaverse will bridge the gap between the physical and virtual world. It will also ensure better transparency and security for the users. Whereas, VR will be merely responsible for extending this virtual world into a more interactive and immersive experience.

Summing Up

Just like the Internet in the 80s or 90s, the concept of the Metaverse is still in its infancy. However, top organizations are investing heavily in Blockchain app development to take full advantage of the Metaverse in the future. Thus, this shows the potential of the Metaverse for businesses and individuals. This virtual world will be very immersive and have a real-time persistent economy. Thus, it would be highly advisable to prepare you to become a Metaverse-ready company. MobileCoderz is a prominent Blockchain development company that can digitally transform your business and prepare you for the Metaverse. 

The post The Role of VR in the Metaverse? appeared first on MobileCoderz.

What is VR Technology?

Virtual Reality technology uses computer modeling to create an artificial 3D (three-dimensional) simulation of the real world or other environments. Users using the technology are able to immerse themselves in a computer-generated environment. Furthermore, this simulation is only possible with the help of interactive devices such as VR headsets, goggles, bodysuits, or gloves. Lastly, a wide variety of industries are investing heavily in VR app development to fulfill their own unique use cases with VR ready apps. 

The Virtual Tours and COVID-19

The COVID-19 global pandemic changed many businesses and their operations. In fact, everyone had to rely on digital solutions to continue their business. As a result, the real estate industry also faced a massive backlash from the pandemic and ongoing lockdown norms. 

The innovative real estate businesses were starting to invest in VR app development services to create their own VR apps. These apps enabled the users to have 3D walkthroughs of properties in a completely virtual environment. Thus, no one had to break the lockdown norms and risk getting infected with the virus. These virtual tours became increasingly popular during the pandemic era. People were also loving the idea of exploring multiple properties at the convenience of their homes. 

Reasons to Consider VR in Real Estate Industry

Many businesses have already started investing heavily in VR app development after the global pandemic. This innovative technology could bring significant benefits to real-estate businesses. These are some of the notable reasons to consider VR in real estate industry; 

Conserve Time and Money 

By implementing VR in the real estate industry, both potential buyers and businesses can save a lot of time and money. In fact, no one has to physically visit the property site for examination or demonstration. Businesses can explore this advantage further since they can provide virtual tours to multiple clients with ease. Furthermore, each of the clients can be shown a different furnished version. 

1. The Ultimate Convenience 

Buyers usually have to spend an entire day exploring a property properly. VR for real estate makes it possible to remotely browse multiple properties without leaving their homes. Moreover, this convenience is more useful when the properties are in different cities. By just using a pair of VR headsets, buyers can explore properties with complete convenience. 

2. Extremely Realistic Experience 

VR technology with proper VR app development makes it possible to have the most immersive experience for the users. Above all, the Unity and Unreal Engine helps VR app developers to create photorealistic 3D representations. 

3. Improvement in Business Representation 

People love businesses that are willing to use the most innovative technologies and experiences. Thus, investing in VR app development services can help you create a positive brand image and build trust. 

4. Improved Online Communication 

Although, online communication can be done through traditional real estate experience. However, virtual reality in real estate industry can ensure better communication between clients and businesses. People can just comment or give remarks on an aspect of a property in the immersive world.

Using VR for Real Estate

VR technology is known for providing a very realistic and immersive experience to the users. Many businesses have finally learned to use VR technology for commercial and practical purposes. For this reason, real estate businesses are also flourishing by using VR technology to open up new opportunities for their business. 

This technology is bound to revolutionize the multi-billion dollar real estate industry. In fact, it will add a positive experience and open new prospects for real estate enthusiasts. 

These are some practical use cases of VR for Real Estate; 

#. Virtual property Showcases 

This is the most practical application of virtual reality in real estate industry. Every year clients have to spend countless hours browsing the properties before making a purchase decision. Implementing VR technology to provide virtual tours can drastically solve this problem. By simply using VR headsets, people can virtually visit properties without actually leaving their homes. 

VR app developers can help real estate businesses to ensure fully immersive and 3D property walkthroughs. Thus, the users are able to enjoy two types of 3D virtual tours; Guided and Interactive tours. 

. Guided Tours

These tours are similar to traditional tours where the business would just play a video and explain the features of the property. However, VR guided tours are presented in a fully virtual form or in 360-degree videos. This is far better than traditional video tours due to the immersive experience. 

. Interactive Tours

These tours provide users to explore the property more interactively and examine every aspect carefully. However, creating an interactive tour takes more time than guided tours. 

#. Architectural Envisaging 

Real estate businesses usually have to market and sell projects that are not yet built in the real world. Traditionally, they were often reliant on miniature models to help clients visualize the final project. However, there could be so many discrepancies and differences between the model and the final structure. Plus, building a miniature model also takes a significant amount of investment if they want to make it look realistic. 

Implementing virtual reality in real estate industry can solve this problem by enabling the potential buyers to explore and inspect the yet-to-be-built properties. Thus, VR technology makes architectural envisaging more affordable and cost-effective. Businesses are investing in VR app development to showcase both the exterior and interior of unfinished properties. As a result, the potential buyers are able to get a clearer perspective of the properties with an immersive experience. 

#. Designing the Interiors with VR 

Traditional drafting might be enough to define each and every aspect of the interiors of a project. Plus, the potential buyers might not understand the technical language of architectural drawings. For this reason, many businesses have started implementing VR technology to help designers and clients to visualize how home decor and interiors will appear in the final build. 

By getting an immersive visualization of the interior possibilities, the customers are able to make better decisions in creating the interiors of their homes. In fact, they are also to provide their own inputs to design the interior according to their preferences. A personalized experience is always preferred by customers especially in the real estate business. 

#. Virtual Instructions for Tenants 

Both real estate agents and landlords have to effectively communicate with the tenants. Traditional communication mediums might not be sufficient to explain the tiniest details of the property. Therefore, VR technology can be implemented to ensure effective and visual communication between the tenants and landlords. Tenants can simply use VR headsets to get a 3D guided tour of the property and receive the critical instructions. 

VR for real estate can help the tenants understand the nature of utility services at a property and avoid unnecessary conflicts with landlords. Furthermore, virtual instructions can also help the guests who stay on a temporary basis. The tenants don’t have to personally train the guests when they have access to VR technology. 

#. V-Commerce

Continuing the previous point, virtual interior design can open up a new business prospect for real estate businesses. They can start their own V-commerce services to help buyers to personalize the interior spaces according to their preferences. Thus, the customers are able to use an interactive interface to buy the furniture, light fixture, flooring, and more for their homes. Furthermore, the customers can clearly envision what their property will look like when they finally move in.  In this way, real estate businesses can expect better revenue by providing more customization options to the customers. They can create their own store full of purchasable items. 

Real Estate VR App Development Cost 

There are so many factors that might determine the total VR app development cost. You have to consider the visual content, tour flow, connection to the visual content, menu development, backend development, and other features. Plus, it could take around 2 months to develop the VR real estate app from the original plan to the production release. Usually, such a VR ready real estate app costs somewhere between $10,000 to $75,000. 

Why Hire MobileCoderz For Real Estate VR App Development? 

If you are planning to invest in VR app development, then MobileCoderz is a leading real estate app development company. We provide the most innovative VR app development services that help real estate businesses to achieve better sales and provide experience to their customers. Our team consists of VR app developers, top-notch designers, and quality-driven project managers. We thrive to take the extra mile when it comes to providing VR app development services.

The post How Virtual Reality Can Change the Real Estate Industry?  appeared first on MobileCoderz.

What is VR Technology?

Virtual Reality technology uses computer modeling to create an artificial 3D (three-dimensional) simulation of the real world or other environments. Users using the technology are able to immerse themselves in a computer-generated environment. Furthermore, this simulation is only possible with the help of interactive devices such as VR headsets, goggles, bodysuits, or gloves. Lastly, a wide variety of industries are investing heavily in VR app development to fulfill their own unique use cases with VR ready apps. 

The Virtual Tours and COVID-19

The COVID-19 global pandemic changed many businesses and their operations. In fact, everyone had to rely on digital solutions to continue their business. As a result, the real estate industry also faced a massive backlash from the pandemic and ongoing lockdown norms. 

The innovative real estate businesses were starting to invest in VR app development services to create their own VR apps. These apps enabled the users to have 3D walkthroughs of properties in a completely virtual environment. Thus, no one had to break the lockdown norms and risk getting infected with the virus. These virtual tours became increasingly popular during the pandemic era. People were also loving the idea of exploring multiple properties at the convenience of their homes. 

Reasons to Consider VR in Real Estate Industry

Many businesses have already started investing heavily in VR app development after the global pandemic. This innovative technology could bring significant benefits to real-estate businesses. These are some of the notable reasons to consider VR in real estate industry; 

1. Conserve Time and Money 

By implementing VR in the real estate industry, both potential buyers and businesses can save a lot of time and money. In fact, no one has to physically visit the property site for examination or demonstration. Businesses can explore this advantage further since they can provide virtual tours to multiple clients with ease. Furthermore, each of the clients can be shown a different furnished version. 

2. The Ultimate Convenience 

Buyers usually have to spend an entire day exploring a property properly. VR for real estate makes it possible to remotely browse multiple properties without leaving their homes. Moreover, this convenience is more useful when the properties are in different cities. By just using a pair of VR headsets, buyers can explore properties with complete convenience. 

3. Extremely Realistic Experience 

VR technology with proper VR app development makes it possible to have the most immersive experience for the users. Above all, the Unity and Unreal Engine helps VR app developers to create photorealistic 3D representations. 

4. Improvement in Business Representation 

People love businesses that are willing to use the most innovative technologies and experiences. Thus, investing in VR app development services can help you create a positive brand image and build trust. 

5. Improved Online Communication 

Although, online communication can be done through traditional real estate experience. However, virtual reality in real estate industry can ensure better communication between clients and businesses. People can just comment or give remarks on an aspect of a property in the immersive world.

Using VR for Real Estate 

VR technology is known for providing a very realistic and immersive experience to the users. Many businesses have finally learned to use VR technology for commercial and practical purposes. For this reason, real estate businesses are also flourishing by using VR technology to open up new opportunities for their business. 

This technology is bound to revolutionize the multi-billion dollar real estate industry. In fact, it will add a positive experience and open new prospects for real estate enthusiasts. 

These are some practical use cases of VR for Real Estate; 

#. Virtual property Showcases

This is the most practical application of virtual reality in real estate industry. Every year clients have to spend countless hours browsing the properties before making a purchase decision. Implementing VR technology to provide virtual tours can drastically solve this problem. By simply using VR headsets, people can virtually visit properties without actually leaving their homes. 

VR app developers can help real estate businesses to ensure fully immersive and 3D property walkthroughs. Thus, the users are able to enjoy two types of 3D virtual tours; Guided and Interactive tours. 

Guided Tours
These tours are similar to traditional tours where the business would just play a video and explain the features of the property. However, VR guided tours are presented in a fully virtual form or in 360-degree videos. This is far better than traditional video tours due to the immersive experience. 

Interactive Tours
These tours provide users to explore the property more interactively and examine every aspect carefully. However, creating an interactive tour takes more time than guided tours. 

#. Architectural Envisaging

Real estate businesses usually have to market and sell projects that are not yet built in the real world. Traditionally, they were often reliant on miniature models to help clients visualize the final project. However, there could be so many discrepancies and differences between the model and the final structure. Plus, building a miniature model also takes a significant amount of investment if they want to make it look realistic. 

Implementing virtual reality in real estate industry can solve this problem by enabling the potential buyers to explore and inspect the yet-to-be-built properties. Thus, VR technology makes architectural envisaging more affordable and cost-effective. Businesses are investing in VR app development to showcase both the exterior and interior of unfinished properties. As a result, the potential buyers are able to get a clearer perspective of the properties with an immersive experience. 

#. Designing the Interiors with VR 

Traditional drafting might be enough to define each and every aspect of the interiors of a project. Plus, the potential buyers might not understand the technical language of architectural drawings. For this reason, many businesses have started implementing VR technology to help designers and clients to visualize how home décor and interiors will appear in the final build. 

By getting an immersive visualization of the interior possibilities, the customers are able to make better decisions in creating the interiors of their homes. In fact, they are also to provide their own inputs to design the interior according to their preferences. A personalized experience is always preferred by customers especially in the real estate business. 

#. Virtual Instructions for Tenants

Both real estate agents and landlords have to effectively communicate with the tenants. Traditional communication mediums might not be sufficient to explain the tiniest details of the property. Therefore, VR technology can be implemented to ensure effective and visual communication between the tenants and landlords. Tenants can simply use VR headsets to get a 3D guided tour of the property and receive the critical instructions. 

VR for real estate can help the tenants understand the nature of utility services at a property and avoid unnecessary conflicts with landlords. Furthermore, virtual instructions can also help the guests who stay on a temporary basis. The tenants don’t have to personally train the guests when they have access to VR technology. 

#. V-Commerce

Continuing the previous point, virtual interior design can open up a new business prospect for real estate businesses. They can start their own V-commerce services to help buyers to personalize the interior spaces according to their preferences. Thus, the customers are able to use an interactive interface to buy the furniture, light fixture, flooring, and more for their homes. Furthermore, the customers can clearly envision what their property will look like when they finally move in.  In this way, real estate businesses can expect better revenue by providing more customization options to the customers. They can create their own store full of purchasable items.

Real Estate VR App Development Cost

There are so many factors that might determine the total VR app development cost. You have to consider the visual content, tour flow, connection to the visual content, menu development, backend development, and other features. Plus, it could take around 2 months to develop the VR real estate app from the original plan to the production release. Usually, such a VR ready real estate app costs somewhere between $10,000 to $75,000. 

Why Hire MobileCoderz for Real Estate VR App Development? 

If you are planning to invest in VR app development, then MobileCoderz is a leading mobile app development company. We provide the most innovative VR app development services that help real estate businesses to achieve better sales and provide experience to their customers. Our team consists of VR app developers, top-notch designers, and quality-driven project managers. We thrive to take the extra mile when it comes to providing VR app development services. 

The post How Virtual Reality Can Change the Real Estate Industry? appeared first on MobileCoderz.