Web 3.0: the AR Tech Stock Set to Win Big in 2023 is WIMI Stock

Investors in the tech industry should often see the word web3.0 recently, Stephen chow social software personally posted web3.0 talent, then Hong Kong, China Finance Department announced the official embrace of web3.0, and then A share companies with web3.0 logic soared, all of which have benefited from Metaverse before.

So what does web3.0 and Metaverse? Is it really the next time trend?

Metaverse Use Cases and Benefits

What is the difference between Web 3.0 and Metaverse?

Simple web3.0 is the third generation of the Internet, the main technology is block chain decentralization, users have absolute privacy to their data and independent property rights, can participate in the management and construction of the platform, web3.0 users all behavior can be recorded on the blockchain node and in the form of NFT stored in their own network virtual account, can also be used for transactions.

Does it look a little like a Metaverse at first glance? The same blockchain decentralization technology, the same virtual account identity, the same NFT transactions, the same self-built platform,?

In fact, the difference between web3.0 and Metaverse is quite big. The web3.0 is the development of the basic technology, and the Metaverse is based on this foundation, not the same language, can say that the son is like a father, but can not say that the father is like a son.

So is web3.0 the big trend of the next Internet era?definitely!

First of all, the current web2.0 era has greatly challenged users’ data security and rights confirmation. Especially in our daily life, the big data algorithm marks the behavior of each of us and turns it into the data for the Internet enterprises to realize. The privacy and the right confirmation of the data cannot be guaranteed. In other words, we are actually “streaking” on the Internet.

The web3.0 can completely protect the absolute ownership of user data, we have the right to decide who to whom, determine the value of our data, this will also make the Internet monopolies of the past, everyone will be an artist and product manager, users decide to develop, let the real valuable things shine.

Second, the Internet information industry has entered all walks of life, especially the financial industry, which pays the most attention to efficiency and security. At present, all the transaction data in the financial industry is saved by the third-party platforms. Although these third parties have done a very good job in security, there is no impermeable wall. The underlying logic of these third parties is still a centralized platform.

The decentralization of web3.0 allows traders to trade directly peer-to-peer, and the data of the transaction will be recorded on their own blockchain nodes, achieving a real sense of security. And the virtual asset transactions that web3.0 breeds will also become a part of modern finance. After all, last year, OpenSea alone traded $14 billion, and only 250,000 people traded it. If the web3.0 era, would that number be very imaginative?

Third, the continuous development of technology will push forward the progress of the Internet era, and the wheel of history is unstoppable. Just like 20 years ago, when did we think that we could go out without a wallet? The emergence of all the great changes, at first sounded incredible.

The Metaverse at a Glance | TerraZero Metaverse Studio

However, most of the web3.0 is still stuck at the theoretical level, because it is not improved based on the web2.0, but a subversion! The development of web3.0 is a challenge of the entire Internet industry and The Times. Its coverage basically covers all the pillar technologies of the existing Internet industry, but also includes many incomplete high and new technologies, such as virtual reality, holography, cross-chain technology, distributed storage and so on.

the underlying technology is the real skill

Is there any hype in web3.0? Yes, but according to the current Twitter, Tencent, Alibaba, Meta, Microsoft and other technology giants are the next layout web3.0, the huge market effect will also promote the emergence of excellent companies, such as “holographic AR first share” –WIMI Hologram Cloud (NASDAQ: WIMI), seemingly low-key in the web3.0 field but deep hidden.

If web3.0 really develops, the most needed is the improvement of the underlying architecture technology, not just a game, an NFT, make a promotional video can say that you are doing web3.0. WIMI involves quite a lot of concepts, integrating “digital economy”, “Metaverse”, “holo” technology “,” artificial intelligence “, and” virtual reality ” and other new economic concepts, and has been at the forefront of The Times.

Although concept, are real material, because WIMI strategic investment companies in recent years, the concept of natural, data show, since the company listed in 2020, WIMI opened the “industry ecosystem” plan, the most representative is the investment cloud view research, great culture, cloud sail VR, the stars origin and some high quality enterprises in the industry.

WIMI is not only a lot of concepts, but also a strong investment in R & D in the past two years. According to company data, since its listing two years ago, the company has continuously increased R & D investment in R & D, and its R & D expenditure in 2021 increased by 463.6% year on year. And to capitalize research and development to reduce the impact on schedule profits and keep the company’s own competitiveness online.

Although the concept of Web3.0 is still unclear, it is still in the application scenario exploration stage. But WIMI has the Web3.0 underlying technology stack reserve, including virtual reality, hologram, virtual digital human, artificial intelligence, digital twin, Metaverse, and so on. Specifically, WIMI introduces naked eye 3D, AR, VR, MR, hologram and other technical means to unlock new products with deep integration of “technology, content and business”, and explore new scenes and new ecology of “reality and reality, situation integration”. At the same time, it has the construction and operation of nearly 5,000 virtual IP, helping enterprises to build a commercial “new infrastructure”, and realize the brand value upgrading in the Web3.0 era.