Hello guys. My name is lord Goldenswap ,the CEO Goldenswap Virtual Academy. We are here to teach undergraduates who are interested in learning a skill to start their own journey to the future of technology: THE METAVERSE

SKILLS TO BE LEARNT
1.3D MODELING
2.VR HEARSET OPERATIONAL GUIDE
3.DEVELOPMENT OF V-COMMERCE PLATFORM

....AND MANY MORE....

I NEED 20 PEOPLE TO AFFIRM BEFORE I CONTINUE

I confirm.

I affirm

Let's move guys....

The metaverse is the collective assortment of byte-based alternatives to features of the physical, atomized world. The metaverse is in our future with or without our permission. We’ve taken too many steps in that direction already to stop it.

And as we noted just a few weeks ago, while many people think of the metaverse as some version of the dystopian movie, Ready Player One, the bulk of the metaverse will have far more utilitarian value.

To understand where all of this is headed, it’s instructive to look back and put in context the significant steps we’ve already taken down the virtual metaverse road.

History and future are one continuum with no beginning or endpoints. At any given time, we can see how today’s breakthroughs and future trends are building on top of the framework of previous discoveries. Whether we knew it at the time, the historical steps I’ll lay out below were critical in the formation and future of the metaverse. It’s very clear in hindsight.

So, let’s look back 40 years or so to get a fresh perspective on this metaverse trajectory. I selected 1991 as a beginning point, the advent of the internet. But we could just as easily establish a similar timeline that leads up to that important breakthrough, too.

Why are these milestones considered elemental to the emergence of the metaverse? Each one adds an element of structure, capability, and, yes, reality within that virtual, parallel world – a metaverse many would consider safer and more democratic than our physical universe.

Brief History of the Metaverse
1991 – Birth of the Internet
On the 6th of August 1991, Tim Berners-Lee posted the very first public invitation for collaboration on the WorldWideWeb. This is the date the Internet was born.

1992 – Snow Crash
The very next year, science fiction writer Neal Stephenson coined the term “metaverse” in his 1992 novel Snow Crash, where humans, as avatars, interact with each other and software agents, in a three-dimensional virtual space that uses the metaphor of the real world.

1993 – Proof of Work
The term and concept were introduced in the context of computer security as a way to prevent email spamming. Later, proof work became one of the primary techniques for verifying and legitimizing transactions on a blockchain, specifically – cyber currency mining based on computer power.

1998 – B-Money
Computer engineer Wei Dei revealed his concept for b-money, a decentralized, distributed cryptocurrency. It never came to pass but some of the concepts are very similar to those in Bitcoin, which emerged years later. One element was the use of Proof of Stake, an alternative mining algorithm that relies on the developer’s current holdings of the cryptocurrency rather than raw computing power.

2002 – Digital Twins
The concept and model of the digital twin – the digital counterpart of a physical object – was publicly introduced in 2002 by Michael Grieves, then of the University of Michigan, at a Society of Manufacturing Engineers conference. Grieves proposed the digital twin as the conceptual model underlying product lifecycle management.

2003 – Second Life
Second Life is the online virtual world, developed by Philip Rosedale and his team at Linden Lab in 2003. It was very much a precursor to the Metaverse worlds being developed today. One of the biggest problems Second Life users faced was low bandwidths and high “res” times making it a less-than-optimal experience. But even today, Second Life has an active user base of a million people, each spending over four hours a day in this virtual world.

2006 – Roblox
This online platform was introduced that allowed users to create and play games developed by other users. During the 2020 pandemic, it became a significant source of interaction for young people, and it became the third-highest-grossing game that year.

2009 – Bitcoin
On the 3rd of January in 2009, the bitcoin network came into existence with its mysterious founder, Satoshi Nakamoto, mining the genesis block of bitcoin (block number 0), which yielded a reward of 50 bitcoins. This was the day Bitcoin was born.

2009 – Blockchain
Along with the invention of Bitcoin, Satoshi Nakamoto also invented blockchain to serve as the publictransaction ledger for Bitcoin. Even though others have claimed to have invented the concept of blockchain earlier, the same day that Bitcoin was launched is the same day that a usable form of Blockchain was born.

2010 – Play-to-Earn Technology
Gacha games had grown popular in Japan by the early 2010s, based on the capsule toy vending machine concept, with the earliest known system being in MapleStory. Players would earn currency that they could use to participate in a random draw from a set of items based on pre-determined rarities, often with the goal to collect all of a one set of items to gain a powerful in-game reward.

2011 – Ready Player One
This novel by Ernest Cline introduced many young people to the concept of a virtual reality world. The Steven Spielberg adaptation in 2018 made the idea even more vivid and the interest more widespread.

2012 – NFTs
An NFT or “Nifty” is a Non-Fungible Token, representing a unique item instead of fungible tokens, which are mutually interchangeable, such as cryptocurrencies like Bitcoin. The concept of NFTs has been with us since December 2012 with the creation of “Colored Coins,” in which additional information is incorporated onto a bitcoin so that it is no longer fungible but unique. This, interestingly enough, was a project spearheaded by a young Vitalik Buterin as he worked on improvements for the Bitcoin blockchain.

2014 – Vitalik Buterin
The Thiel Fellowship – In 1999, Peter Thiel’s company Confinity merged with Elon Musk’s company to form PayPal. Three years later, eBay bought PayPal for $1.5 billion, making both Musk and Thiel very wealthy. In 2010, Peter Thiel announced the formation of the Thiel Fellowship, offering $100,000 grants for students under the age of 22 to leave school and pursue other work. In 2014, one of the recipients of this grant was 20-year-old Vitalik Buterin, the co-creator of Ethereum.

2015 – Ethereum
In July of 2015, Vitalik Buterin and Gavin Wood launched the Ethereum Network, along with the ethereum blockchain.

2015 – Decentraland
The first iteration of this virtual reality platform was introduced in 2015. It allocated “land” via a proof of work algorithm. The 2021 boom in NFTs has led to sales of some of the game’s real estate plots for more than $100,000.

2015 – Smart Contracts
Smart contracts were first proposed in the early 1990s by Nick Szabo, who coined the term to refer to “a set of promises, specified in digital form, including protocols within which the parties perform on these promises.” Since the 2015 launch of the Ethereum blockchain, the term “smart contract” has been more specifically applied toward the notion of general-purpose computation that takes place on a blockchain or distributed ledger.

2016 – Pokémon GO
Pokémon Go was the first game to overlay a virtual world onto the real world. It uses mobile devices with GPS to locate, capture, train, and battle virtual creatures, called Pokémon, which appear as if they are in the player’s real-world location.

2016 – The DAO – Decentralized Autonomous Organizations
The company named The DAO was launched through a crowdfunded token sale in May 2016, setting the record for the largest crowdfunding campaign in history at that time. It was meant to be an alternative venture capital fund, created on Ethereum’s blockchain, that would serve as a decentralized funding model. In June 2016, users exploited a vulnerability in The DAO code which enabled them to siphon off one-third of DAO’s funds into a subsidiary account. This led to the death of The DAO as a company. But the concept of decentralized autonomous organizations (DAOs) lives on, yet substantially improved by lessons learned from The DAO experience. Moving forward, each DAO will serve as an essential ingredient for future metaverse companies that are governed collectively by participants in the organization, with rules and financial transactions recorded on the blockchain. DAOs, for example, have been formed around joint ownership of NFTs.

Futurist Speaker Thomas Frey Blog: Fortnite is a Multiplayer Video Game to feel the Metaverse and Cryptocurrency
2017 – Fortnite
This multiplayer video game was a huge success upon its release, and it introduced many people to the look and feel of the metaverse and cryptocurrency. Fortnite user base totals 350 million.

2018 – Dai Stablecoin
The Dai Stablecoin was introduced to add a new element to the volatile crypto universe. In contrast to cryptocurrencies that aren’t anchored to any fiat currency or are only anchored to other cryptocurrencies, the centralized Dai Stablecoin was pegged to the U.S. dollar, making it far less volatile and more reliable cryptocurrency for decentralized finance (DeFi). Today, blockchain-based banking services are available on a number of similar platforms for cryptocurrency borrowing, lending, and investing. For now, they’re largely unregulated by our traditional institutions, and users seem just fine with that, for the most part.

2018 – Decentralized Exchanges (DEX)
Cyber currency exchanges took a major PR hit when Bancor lost $13.5 million to hackers. Although their legal/regulatory foundation remains a little uncertain, DEXes continue to serve as a way for people to sell and trade their cyber currency assets person-to-person based on smart contracts, rather than through a centralized exchange.

2018 – Axie Infinity
The popular NFT virtual reality game, Axie Infinity, based on a mythical world of animal husbandry, was introduced this year. By mid-2021 it had the highest combined value of NFTs of all play-to-earn game platforms.

2020 – COVID
When COVID exploded on the scene in 2020, people around the world found themselves being quarantined with few options to dedicate their time and energy to. For this reason, the metaverse quickly became the go-to place for a growing number of young people, gamers, and those wanting to make money in the online world. In our polarized world, the metaverse has taken on a tone of rebelling against current institutions – the more ingrained they are more they’re at risk. This is pushing people to the underground economies and worlds of the metaverse, setting up a “perfect storm” for Metaverse growth.

2020 – Decentralized Apps (Dapps)
The value of the tokens on the six major blockchain platforms surpassed $2 billion. The movement to cut out the middleman continues, as open-source, transparent applications continue to emerge to enable gaming, DEXes, DeFi, and other acronymized uses. While many people refer to dapps as an emerging trend, the first dapp was actually the Bitcoin app more than a decade ago.

2020 – First Concert in the Metaverse
In April 2020, Travis Scott and Marshmello performed in the video game, Fortnite to just under 30 million people.

2020 – Solana
Also in April, the Solana blockchain dapp was introduced. In contrast to Ethereum, this dapp’s cryptocurrency, called a SOL, is mined based on the alternate proof of stake (POS) algorithm. Further, issues related to block ownership were clarified and simplified in Solana, with a new consensus tool known as “proof of history” that inserts timestamps into its blockchain.

2020 – Alien Worlds
This wildly popular dapp was created with a multi-metaverse interplanetary scenario that had NFT characters interacting in a decentralized autonomous organization to mine tokens and perform other tasks. By 2021 Alien Worlds had more than 2.5 million users, but its significance goes beyond that – the game has been built around critical lessons for teaching people about the principles of cryptocurrency and crypto-mining.

To the Future
The evolution of various kinds of enabling technology and new features in the metaverse over the last few years has been incredible. But not as amazing as it will be beyond 2021.

In fact, in the future, there will be few if any aspects of society – including government, business, churches, entertainment, dating, politics, and even war – that will remain unchanged with the evolving Metaverse. It will have an especially profound effect on the way we educate ourselves and our children in the years ahead.

These are words you need to get familiar with the entering the METAVERSE space

The Goldenswap METAVERSE Glossary

Airdrop – NFT enthusiasts and experts do their best to keep up with their favorite projects and products in the NFT space. Airdrops are an effective tool. They used to share new non-fungible tokens among those interested. They exist as bonuses or free collectibles and will generate more interest in the project or reward existing holders.

Alpha – This term is used when you get information before the market. Similar to getting “tips” in stocks.

Aped / Ape-in – This term originated directly from Crypto Twitter. It describes the act of taking on large positions when compared to the size of your portfolio. Apes have been a crucial part of the NFT space. Initially, there were multiple 24 Ape Punks, and we now have the Bored Ape Yacht Club.

Bored Ape Yacht Club (BAYC) – This collection of 10,000 individual tokens design gives it an ape-like appearance. It is hosted on the Ethereum blockchain. And, it’s one of the most talked-about NFT collections with a high sale record of $2.75m.

Blue-chip – This term means that the NFT will attain a high value and retain it for a long time. “This NFT is a blue-chip.”

Cash Grab – When a project is only in the space for monetary gains and will not bring the collectors future value. Similar to a rug pull which is later described.

Crypto Twitter (CT) – This is the active community of crypto holders and enthusiasts on Twitter. This community will discuss trending topics in the crypto space, including hot tokens, global news, and so on.

Ded – This is the short form of the dead. It can be used to describe a situation during which a token or collection ends up poorly. For instance, “The price of the last NFT I purchased keeps dropping, from 10 ETH, it’s now 0.0002 ETH. It’s “ded.”

Derivative – This describes smaller projects that arose from a larger project. They copy the design or branding and put a small twist to it.

Dutch Auction – Refers to a type of bidding that considers all bids for the asset before arriving at a ceiling price at different intervals.

Do Your Research (DYOR) – Before you join the next NFT project, it’s a great idea for DYOR. The world of NFTs is made up of multiple individual elements. Doing your research is important so as to avoid investing in a bad project or wasting your money.

Flip – Just like its name suggests, a flip is an act of quickly trading an NFT. When you flip an NFT, this means that you buy and sell it quickly within a short period – usually within a few days. It’s a strategy to make money from these tokens instead of holding onto them.

Floor Price – The floor price, also referred to as floor, is the lowest asking price demanded by an NFT collection, either as a whole or subset of a particular group. Various important parameters determine the floor price.

Fear of Missing Out (FOMO) – the fear of missing out expresses itself when you buy an NFT because you are scared of not being a part of the next big move. Often, these purchases are not backed up by any comprehensive reasons.

Frens – Short for “friends”, referring to other members of an active NFT community. It can also refer to those who believe in a similar project.

FUD – Stands for Fear, Uncertainty, and Doubt. FUD occurs when the price of a particular digital asset drops drastically due to some form of negative news. When this happens, people will panic about selling their digital assets.

Generative Art – This refers to art generated using advanced algorithms and minted in real-time.

GM (Good Morning) – In the NFT world, GM is more than a greeting. Yes, people say GM to each other in the NFT community because we are a global optimistic group. However, it expresses the idea that a project is still early and everything seems bright about it.

GN (Good Night) – Active members of the NFT ecosystem say good night to each other because they are members of an optimistic community. It’s a great way to end your day after an active period of NFT trading.

IYKYK – Means “If you know you know”. This is used when you have a certain knowledge of a project that isn’t obvious at first glance.

KYC – Stands for “Know your customer”. This is a term to describe the process of a company where users fill in their personal details. Most blockchain companies and trading platforms gather user information to comply with KYC regulations.

LFG – Short for “Let’s F*cking go”. This term is ideal if you are excited about something or expect that your next course of action will go well. It’s a term that’s best used with rocket emojis.

MAYC (Mutant Ape Yacht Club) – This is a popular collection of 20,000 individual tokens designed to look like mutant apes. A derivative of the Bored Ape Yacht Club project.

Metaverse – The Metaverse is a 3D virtual world where people from different parts can connect and interact. Popular blockchain-based projects on this Metaverse Decentraland and The Sandbox where people can buy and sell different types of NFTs.

Moonboy – This term refers to someone who has blind faith in a token or project, especially when there are indications that it may fail to do well. When the price of BTC drops from $69K to $30k, some traders still say “$BTC 100k coming soon”. That’s a moonboy statement.

Mint – Mint describes the act of issuing a piece of art on the blockchain. This action may be performed by the artist or collector of the non-fungible token. Read more on how to mint an NFT here.

NFA – Stands for Not Financial Advice. It is closely related to DYOR. It explains that when a person shares a particular trading idea or informs you about a token, you are free to follow the input or not.

NFT – Non-fungible token (duh). This term represents a unique digital asset on the market today. Non-fungible tokens are special because they maintain the identity of the owner of the ticket. Read more about NFTs here.

NGMI – Short for “Not Gonna Make It”. This term is the exact opposite of WAGMI (explained below), and is an expression of bad news. NGMI may serve as an expression of a person’s bad decisions. It means that based on the current price of the asset and supply-demand, we may not make it. It can also refer to a single NFT or active NFT community.

PFP – Profile Picture NFTs. These are new types of NFTs, that are unique to each user. However, they can only be used as a profile picture. Read more about PFPs in this article.

Rekt – This is slang for “wrecked.” i.e., a person’s portfolio of digital assets has been destroyed. In the crypto community, it means someone who has suffered substantial financial losses.

Rug pull – Rug is also the short form for rug pull. This term originated in Crypto Twitter and the world of DeFi. It describes projects that pump and dump their tokens on retail traders. While rug pulling does not occur in the same way in the NFT space, it describes projects whose developers have abandoned them.

Ser – This term means “Sir.” Active members of popular NFT communities use this to respectfully introduce themselves or share a point from an alternative point of view.

Serum – This is a term related to the Bored Ape and Mutant Ape NFTs. It is a crucial element used to create the MAYC NFTs. The Serum was a separate NFT that could be used on your Bored Ape, after which your Mutant Ape was created.

Shilling – NFT Shilling is the process of promoting a particular NFT or collection on social media. Some specially designed shilling channels can be used for different NFT projects.

Snag – This refers to when a project meets some obstacles or problems that temporarily it from progressing with some of its plans.

Snipe – This involves having an overview of the best tokens or collections from your favorite marketplace.

Sweep The Floor – This refers to someone or a group of people who keep buying NFTs at the lowest possible price. Most NFT enthusiasts attempt to sweep the floor to earn maximum returns on earnings.

Traits – This refers to the distinguishing features and qualities of an NFT project. For instance, the Cryptopunks collection involves a combination of different digital and unique characteristics.

WAGMI – Means “We All Gonna Make It”. This term is often used to express good news. It means that based on the price of the asset and its current supply-demand, we may either make it or not. The term can refer to either a single NFT or a community of NFTs.

Wen – Short for “when”. This refers to the uncertainty surrounding the NFT ecosystem. It describes a scenario where people wonder which token will take off and make them rich enough to bug all they want. “Wen moon ser?”

Web3 – This is a new version of the worldwide web designed based on blockchain technology. This innovative technology incorporates concepts such as decentralization and token-based economics.

Whale– This term refers to a person with multi-million dollars worth of money in their portfolio or a person with a large amount of NFTs from a particular collection.

Whitepaper – This term is more popular in the crypto community and on crypto Twitter. A whitepaper is a document that describes all the essential details and information about a particular token.

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The Metaverse Class For Students is an excellent opportunity to learn about the future trends in technology and how it will impact our lives. By understanding the potential of virtual reality, augmented reality, and mixed reality we can be better prepared for what is to come.