International Web3 Thought Leader Ivan Liljeqvist On Building The Metaverse With Web3 Tools

Web3 has a very real possibility of becoming the buzzword of 2022 – and it’s easy to see why. Blockchain evangelists are bullish on Web3, a decentralized, user-owned internet that could replace Web1.

Instead of accessing the web through services controlled by Big Tech players like Google and Facebook, Web3 would offer new services belonging to their users and allow us to transport our data and move between sites with an “account” less the zillions of connections we see today.

It’s also evident that analyst Jeremiah Owyang described it as a shift of power to the people, where “the people are in charge of their data, identity, and monetization.”

Still, exciting as its potential is, Web3 is complicated to grasp in its current form, and Ivan Liljeqvist, co-founder and CEO of Moralis, a Web3 development platform that provides tools for developers to create Web3 and Metaverse experiences, helped ‘unravel’ Web3 for Metaverse Summit attendees.

An international speaker, educator, developer, data scientist and thought leader, Ivan’s Youtube channel ‘Ivan On Tech’ has over 4,50,000 subscribers. In his masterclass, Ivan talked about build the Metaverse with modern Web3 tools and how Web 3.0 and the Metaverse can complement each other to create powerful and poignant progress.

“There’s nothing else quite as big that’s been built,” says Ivan as he talks about how gamers around the world are waking up to the possibilities of the Web3-powered metaverse.

“Big Tech and Big Finance are betting on the Metaverse,” he added, speaking of Facebook’s Meta pivot, with JPMorgan estimating the Metaverse opportunity to be over $1 trillion and the $69 billion deal from Microsoft to buy gaming giant Activision Blizzard,

The metaverse and the gamification of everything

“The gaming industry is driving the Metaverse revolution. Gaming technologies are going to evolve not only for games, but also for a multitude of digital experiences – where we work, where we educate ourselves or where we perform different tasks – everything will be online and immersive,” said Ivan about how the gamification of everything was at the heart of current experiences in the metaverse and its potential to impact the future of work, learning, and entertainment.

Ivan also talked about how game and AI developers and allied skills were going to be in massive demand, with the gamification aspect of the Metaverse.

“Game engines that fully support virtual reality and augmented reality will be at the heart of the metaverse, and we’ll use the traditional game and graphics stack for that. The trend is clear, enterprise VR will be the first to take off, but consumer VR will also follow,” he added.

Building the metaverse with modern Web3 tools

In order to have a sustainable Metaverse future, it needs to be built in tandem with Web3. “At the core of Web3 are different blockchains which include Etherium, Solana Binus and many more. It’s the base layer,” Ivan said.

Explaining what a blockchain node was and how it consists of many blocks of data, which are stored on nodes which can be compared to small servers, Ivan added, on a blockchain these nodes are connected and they exchange constantly the latest information on the blockchain with each other. The process of installing and configuring these nodes, however, is quite laborious and time consuming, and has led to the creation of node providers like Moralis who provide services to other startups or businesses looking to use blockchain. .

And while connecting to nodes can help businesses get raw data from the blockchain, it’s very primitive and can’t tell you what kind of assets your user owns. “You also can’t do this by just going to a node provider, instead you have to use an API. This is where Moralis comes in. We’ve already taken all the most important data, put it in a database, made sure it’s clean and ready to go,” he said.

Ivan also explained how Moralis’ fast nodes operate on a purpose-built distributed infrastructure that ensures optimal performance and uptime. “The same infrastructure is used by companies like Netflix and Google to respond to billions of queries daily. No sync time, no waiting – access all nodes with one click,” he added.

Moving from theory to practice

“Our goal is to make Web 3.0 as easy as Web 2.0,” said Ivan, recommending viewers to visit Web3 unita website that summarizes the most important tools for Web3 and the Metaverse.

“So if you’re a developer, a simple click takes you to the boilerplate where you can start a project and connect your users by just scanning a QR code. You can walk around, pick up assets – with all of that connected to the blockchain, allowing you to read all of its data and so on,” he added.

Ivan also recommends developers start experimenting immediately, adding that Moralis’ Web3 YouTube channel was a great place to start.

“On the channel, we show developers how they can easily start building, connecting users, working with multiplayer, running VR headsets, and more,” he said.

Ivan recommended that non-developer founders bring their developers to the platform as soon as possible so they can start experimenting.

“At the end of the day, it’s important that you get your first projects started in order to launch your first prototypes in the industry,” he said.

“It’s important to be practical, because a lot of people working with the metaverse are too theoretical,” he adds.


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International Web3 Thought Leader Ivan Liljeqvist On Building The Metaverse With Web3 Tools


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