🥳White Paper

ABOUT US

Skyverse is transforming the future of tomorrow with a hyper-real alternative world where users can interact, attend celebrity concerts, build community, own digital assets and even monetise their virtual experiences. This simulated platform is powered by Blockchain Technology, which offers the users the ability to create their own metaverse ecosystem, grants true ownership, digital scarcity, interoperability as well as monetization features.

BLOCKCHAIN BASED METAVERSE

Blockchain forms an indispensable component of the metaverse. It offers the users, the means to safeguard their digital assets within the virtual space.

The need for users to be able to own and sell their digital property securely, across platforms and without the permission of centralised authority, necessitates the importance of blockchain within the metaverse. It is, in fact, impossible to realise the idea of completely developed virtual ecosystem without blockchain technology. Not being able to move digital assets outside a specific ecosystem, according to experts, significantly reduces the value of these assets.

Blockchain, moreover, offers the users to accurately identify any virtual object without involving a centralised authority. This power to be able to identify a digital asset and keep track of its ownership will be fundamental in creating a fully evolved metaverse.

Blockchain also offers the metaverse, a platform to not only create a domestic economy within the ecosystem, but also, build trust in the economic transactions within it. This technology ensures that metaverse market is both, transparent and economically effective, by utilising reliable algorithms for replacing real assets with digital ones.

SKYVERSE AVATARS

What Is an Avatar?

An avatar, simply put, is an online representation of a user. It is a digital identity, either static or animated, that can help distinguish one person from the other within a virtual space. This identity, depending upon on the platform, allows the users to update a photograph for their profile or create a 2D/3D model of themselves.

Skyverse Avatar

An Avatar in the metaverse, however, is much more than a mere digital representation of oneself. In the metaverse, this humble digital portrayal that captures movement though facial nods, becomes an individual’s identity within the space. This identity further, will not be restricted to a single platform, but could be carried over to different virtual worlds and experiences in the metaverse. In addition to this, the Metaverse Avatars will also more realistic, and capable of replicating an individual and their body movements in order to simulate the feeling of an actual person being there.

Skyverse will try to accomplish this with the help of artificial intelligence. The company has invested extensively in the study and application of physical movements on their model.

SKYVERSE CENTRAL (SHOPPING MALL)

Skyverse, offers businesses with one of the largest profit-making opportunities, in the form of Virtual Retail Market and Industry. This space, with more designers and creators building things in the virtual world will be much, much larger than the physical world. From an avatar shopping for a new virtual outfit, or individuals buying and selling non-fungible tokens (NFTs), the buzz around virtual retail, as experts anticipate, is only going to get bigger in the coming decade.

Businesses, across verticals, from luxury fashion to Consumer-Packaged Goods, will join hands with us and will be building and creating digital assets that they can sell either alongside physical products or in addition to them.

We are also developing the ability to be able to observe a virtual hand touch, feel and assess a product, as if within a virtual space or while viewing social media content, positively impacts the evaluation and amount a consumer is willing to pay for a product. This ability of being able to virtually ‘touch’ a product, adds a layer of relatability for the user. This, along with an enhanced 3D- designed experiences, where users will be able to work around and shop, is definitely expected to add success to a virtual retail brand.

Young consumers, largely inclusive of Gen-Z and Millennials, are moreover the best target audience for virtual shopping within the Skyverse . This is a section of population that grew up with video games and e-sports, and spend a great deal of time socialising online with each other. They expect to be able to interact with products, brands and virtual environments. For these shoppers, especially, the Skyverse, is like a virtual mall, where they can socialise, hang-out and engage in activities like shopping, exercising, attending concerts and events. Their spending power, as they grow and develop their careers is also growing. It, therefore, becomes increasingly important to cater to the needs and expectations of these generations with highly immersive and engaging metaverse shopping experiences.

PRESSIONS (ART GALLERY)

The Art Industry, is all set to undergo a colossal transformation. This new virtual space for art is opening up a range of unique facets within the industry. These changes are largely centred around the creating incredible digital experiences, that will not only make the industry more accessible but will also change the way we enjoy art. This can already be seen in the major push and buzz around NFTs and virtual art.

SKYVERSE NFT ASSESTS (OWN & EARN)

Non-fungible tokens or NFTs, allow the users to have absolute control over their digital assets within the Metaverse. This immovable affirmation of ownership is often, enabled by Blockchain Technology.

This also holds true for the Skyverse. A user, on the purchase of digital assets would be provided with a proof of confirmation in form of NFTs, which are further guaranteed by blockchain.

NFTs, within the metaverse are also pre-requisite for not only creating exclusive environments, but also enhancing digital community and social experiences.

In addition to this, premium NFTs are now being used to gain access to the wealthiest and most affluent communities within the digital world.

DEFI BANKING

Modern Banking Systems, despite their adoption and transition to the digital, are still a time-consuming affair. Corporate banks and other financial institutes, still control much of our private finances and have been known to prioritise their own interests over the clients. Most developing nations, further, lack the necessary infrastructure to be able to provide efficient and quick financial services.

Our crypto-based financial platform on the Skyverse, endeavours to remedy this situation, by eliminating all middlemen from the equation. This virtual space, as part of our Web 3.0 plans, is more than just a bank. It promises to be a cross-platform mixed reality metaverse district, which would comprise of multiple layers of society such as a virtual bank, healthcare system, gaming, casinos, a virtual NFT marketplace, art and entertainment to name a few.

METAJOBS

The metaverse is all set to bring about a reality, where one can imagine walking around in a world surrounded by innovative technologies. It holds the promise of a more interactive, collaborative and immersive digital experience. This new digital sphere, has also commenced a new era of exciting job opportunities for tech enthusiasts interested in the domain. These jobs would be largely centred around efficiently and expertly managing the space.

Some of the job roles which will be an integral part of building this future technology have been enlisted below.

Metaverse Research Scientist

Metaverse Blockchain Engineer

NFT Strategist

Metaverse Planner

Ecosystem Developer

Metaverse Cloud Expert

Metaverse Data Scientist

Metaverse Cybersecurity Officer

Metaverse Safety Manager

Sverse Token

Crypto Interaction in Skyverse

Sverse Token, simply put, can be described as the medium of exchange within the Metaverse. They serve as link between the physical and virtual worlds and can be used to pay for any purchase made in the world, including NFTs, virtual real estate, avatar shopping, casinos and a number of other digital experiences.

SVerse also facilitates the value estimation an offer an individual the ability to calculate the overall value and returns over time for their digital assets in fiat currency. The liquidity of crypto on various exchanges around the world, further, grants investors the opportunity to benefit, by selling coins and NFTs directly to the buyers.

Unlike crypto coins, tokens do not have their own blockchain. Many token, for instance run on Ethereum and require cryptocurrency blockchains to function.