India has a growing gaming industry, with a large and active community of gamers. The adoption of the Metaverse in the Indian gaming space could help to further fuel this growth. By offering a more immersive and interactive gaming experience, the Metaverse could attract new players and keep existing ones engaged for longer periods of time.
The Metaverse could also provide new opportunities for monetization, such as virtual goods and services, advertising, and sponsorships. This could create new revenue streams for game developers and publishers and help to further drive the growth of the industry.
However, there are also concerns around the impact of the Metaverse on privacy and security, as well as issues around governance and regulation. We spoke to Jayaveer Bhupalam, CTO, Adda52 to understand the issues and the benefits of the Metaverse are realized in a responsible and sustainable way.
▾ Gaming in the Metaverse
The use of the Metaverse, a virtual shared space, where people can interact and participate in activities, has the potential to greatly impact online games. The metaverse could provide a more immersive and interactive gaming experience for poker players, allowing them to see and interact with each other and their cards in real-time. This could make the game more engaging and social, and potentially attract more players.
Additionally, the Metaverse could provide new opportunities for online platforms to monetize their services. For example, platforms could create virtual gaming rooms where players can buy or rent assets or offer virtual items and accessories that players can use to customize their avatars. These types of revenue streams could help online poker platforms generate additional income and sustain their operations.
▾ Looking to the future
This story is from the Mar,2023 edition of PCQuest.
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This story is from the Mar,2023 edition of PCQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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