Metaverse will Take Away the ‘Social Media King’ Title from Livestreams

Livestreaming has significant innovative tools AI, augmented reality, and virtual reality, which is the base of the Metaverse.

Metaverse is the talk of the town these days. Everyone seems fascinated with the concept and it won't be difficult to say that everyone will have a great time enjoying a one-of-its-kind virtual experience. But after the loss Meta faced in past recently, many tech companies are trying to take small steps towards metaverse. It's true that not all companies are going to accept metaverse as the future, but social media companies are effectively opening doors for metaverse. Many are now creating augmented reality and virtual reality devices to provide their clients with a sneak preview of what the metaverse would resemble in the future. When we talk about the difference between metaverse and Livestream then live streaming is streaming media simultaneously recorded and broadcast in real-time over the Internet. Like some modern-day superhero, livestreaming came to save everyone's day during the pandemic, bringing some much-needed color and culture to billions globally. Livestream brought events direct to our screens. This brings us down to one of the most important questions: which platform will social media users prefer more?

After the pandemic, people are effectively moving towards e-solutions that include online learning, training, meetings, and social gatherings. The major advantage of lockdown was for the online gaming community. Both online gaming communities and chat rooms make use of livestreaming solutions for individuals or players to connect with each other or view each other's games. It may even evolve into people streaming live or recorded events in 3D, also known as volumetric video, where viewers can see the physical space from all angles, virtually.

Livestreaming in Metaverse

In the metaverse, livestraming will take place in various formats like a static webpage or app into a more dynamic 3D space. For instance, many metaverse projects have "Voice Over Internet Protocol" that gives a voice to those in the vicinity. Online streamers will have an opportunity to build a platform on which they will sit their 3D avatar and talk openly.

Livestreaming in metaverse can become even more fun when influencers, chefs or musicians will perform and look out into a sea of real people behind digital avatars, selling tickets as NFTs which would grant admission to the audience.

As things are taking place in the metaverse, the performer does not need to be sat in their bedroom or in front of a green screen, they could program interactive features, special effects and ways to cheer or tip them.

Benefits of lifestream

Livestreaming Internet Video Could Generate a Bigger Audience

When things take place online there are zero boundaries for your audience. Streaming events and content live on the internet make it accessible to a worldwide audience. This means attendance to your content can surpass any capacity limitations a physical event would have.

Pocket-friendly with High Reach

The time and money saved allow you to spend more time and resources growing your brand and promoting your products. Viewing live streams requires more commitment from your followers, simply because they need to tune in on your time, regardless of whether it's the best time for them or not. Consequently, this determination applies an automatic filter that keep unrelated audiences away.

Open Opportunities for new revenue

A free livestream could allow you to interact with new clients and create new business opportunities, while you could also charge for access to your stream, which could bring in extra revenue. Don't forget if your stream is of a physical event you would be able to charge both an admission fee for the physical attendees and another for online attendees.

In conclusion, it seems that teens to 30-year-olds are becoming less engaged with traditional formats. They have grown up with social media, instant messaging, video games, livestreaming influencers, and now metaverse. In the future, there will be a hot debate between livestreamers and people enjoying the metaverse, but things will be fun for those who will enjoy both platforms seamlessly.