The Metaverse has been a hot topic lately as more and more people become interested in exploring the potential of virtual worlds. To shed light on the topic, CoinEdition recently conducted an interview with Gip Cutrino, an expert in the field of Metaverse development.
Gip Cutrino is a Chief Operating Officer (COO) at Runiverse, a top metaverse gaming platform that combines blockchain gaming, cryptocurrency, and NFTs to offer gamers an exciting and rewarding experience. With a focus on the intersection of finance and gaming, Runiverse provides a unique platform for players to earn rewards and customize their experience.
Coin Edition features this interview with Cutrino to provide valuable insights into the rapidly evolving world of metaverse development.
- Given the recent advancements in the development of the Metaverse, experts in the field are discussing several exciting features. Which particular feature do you believe has the potential to transform the Metaverse and create new opportunities for both businesses and individuals?
In my opinion, the interoperability of different metaverse platforms is the feature that has the most potential to revolutionize the industry. Cross-metaverse experiences will be key in creating a more holistic approach to how people interact with metaverses. This is one of the reasons that our roadmap includes building Runiverse to be cross-metaverse. The goal should be to allow users to move seamlessly between different virtual worlds, discover new opportunities, and engage with diverse communities. We believe that this development will not only create new opportunities but will also promote maximum expansion and flexibility.
- Could you share your thoughts on how metaverse platforms could change the current gaming landscape and what new opportunities they could create for game developers, publishers, and players alike?
The possibilities are endless! First, metaverses allow game developers and publishers to create decentralized gaming experiences that provide players with true ownership of in-game assets and access to exclusive content. It could also provide new revenue streams and an explosion of creativity and innovation in the gaming landscape. The players can gain rewards through their skills, and the publishers earn from various forms of advertising, assets, and essentially a new marketplace to explore. In short, with the current innovations, billions of people will become an integral part of the games they play, compared to how the gaming industry functions today.
- What are some of the current challenges the Metaverse faces, and how can these obstacles be overcome in order to achieve widespread adoption and success?
The challenge is greater accessibility and inclusivity, as some users may not have the necessary hardware or connectivity to participate fully in the metaverse. There are concerns around privacy and security, which must be addressed to ensure widespread adoption and success. The metaverse community will need to work together to create open standards for interoperability, develop more accessible and inclusive platforms, and establish strong privacy and security protocols to overcome these challenges.
- Some community members have expressed concerns that individuals could become completely absorbed in the Metaverse to the point where it negatively affects their real-world responsibilities and relationships. As an expert, what is your viewpoint on this matter?
This is a valid concern that has been raised. However, it’s important to keep in mind that this is not a new issue specific to the metaverse. Throughout time, there have been concerns about individuals becoming so absorbed in various forms of entertainment that it negatively affects their real-world responsibilities and relationships. The key to avoiding this issue with the metaverse is to view it as an enjoyable professional environment rather than just another form of entertainment. The metaverse has the potential to revolutionize the way we work and play, leading to increased income and creativity for those who fully embrace it.
- Regulators worldwide are focusing on drafting regulations for the digital asset industry. What kind of regulations would be necessary to ensure the safety and security of users within the Metaverse?
When it comes to regulations in the digital asset industry and the metaverse, there are a number of important issues that need to be addressed to ensure the safety and security of users. First and foremost, regulations should address virtual asset ownership and trading, ensuring that users have clear rights and protections when it comes to buying, selling, and trading digital assets within the metaverse. Regulations should also focus on accessibility and inclusivity, ensuring that all users have equal access to the metaverse regardless of their geographic location or economic status. This is important to ensure that the benefits of the metaverse are accessible to everyone, not just a select few.
- There are so many metaverse projects being developed over time. As an expert in this field, how should one find out about the most promising metaverse projects?
The key to identifying the most promising metaverse projects lies in their scalability potential. The most promising metaverse projects have the potential to scale rapidly and seamlessly, enabling them to accommodate millions of users and support a wide range of virtual experiences. Additionally, it’s important to look for metaverse projects that are built on open standards and interoperable protocols, as these projects are more likely to succeed in the long term.
- What advice would you give to users who are looking to connect with individuals in the Metaverse, and what are some of the best ways to find and join communities within these virtual worlds?
I suggest finding a platform that focuses on community-building and social interaction. Features designed to help users connect with like-minded individuals and build meaningful relationships within virtual worlds are important. For example, Runiverse offers social competitions, which allow users to join communities and compete against each other to ascend the rankings and earn rewards. Incentives within the metaverse that encourage users to interact with each other and build the social aspect is a key factor.
- While it is evident that the Metaverse could play an important role in the industry, individuals are still confused about joining this virtual world. Could you explain some of the common requirements for joining the Metaverse, such as hardware and software requirements, internet speed, and potential costs associated while accessing these virtual worlds?
I think it’s important to address the assumption that joining the metaverse requires a lot of technical know-how and expensive equipment. While that might have been true in the past, the reality is that joining the metaverse is becoming more accessible and affordable than ever before. Most current devices like laptops and smartphones can support basic metaverse experiences now. Users will need a stable internet connection, but it doesn’t necessarily have to be a super-fast or high-end one. Of course, for more immersive experiences, users might need more powerful hardware and a higher internet speed, but these requirements are not necessarily prohibitive. With cost, there are both free and paid experiences available. Many platforms offer free-to-play experiences that allow users to explore and participate in the metaverse at no cost. Once the mass market understands how accessible the metaverse is, we will see a growing number of individuals joining these virtual worlds.
- What makes Runiverse unique from other metaverse gaming platforms?
At Runiverse, we offer a dynamic and innovative gaming experience that is unlike anything else in the metaverse. Our platform is all about combining someone’s skill in finance and crypto with the fun and thrill of gaming. Being aware of the market performance is important, and the race itself is always presented on dynamic tracks. We also use NFTs to provide a level of customization that is truly unparalleled, and we are constantly working to connect with brands and celebrities to unlock even more creative possibilities.
- Many metaverse platforms were formed with certain missions and goals. What are the objectives that Runiverse hopes to achieve over time?
The future of Runiverse includes several innovations aimed at positioning it as a market leader. These include a mobile version, expected to be available by the end of 2023, which has the potential to be over 400% more noteworthy than its desktop variation. There is also the generation of cosmetic NFTs, which allow players to personalize their game experience with weather, clothing, pets, and more. Multiplayer will be expanded to accommodate up to 10 players. Stocks and commodity skins, such as Apple, Tesla, Amazon, gold, oil, and gas, will be available with an NFT skin that sets Runiverse apart from other games. The project will also create a bridge between different metaverses, allowing players to compete across different realities and combine the communication potential of these different worlds.
- How would Runiverse evolve in the future?
We’re always looking toward the future, and we have some exciting plans in store for our platform. In the coming months, we’ll be adding a range of new features and updates to the game, including achievements, Binance Smart Chain integration, and tournaments. And that’s just the beginning! We’re also thrilled to announce that we’ll be launching our mobile version in Q4 of 2023. With this new development, players will be able to enjoy Runiverse on the go, taking their gaming experience with them wherever they go. As we aim to maximize scalability, there will be much more development to come.
- For individuals who are new to the Metaverse industry, there may be a lot to learn and navigate as they enter into these virtual worlds. What advice would you give to new users who are just starting out in the Metaverse?
I advise new users entering the metaverse industry to take it one step at a time and explore different platforms to find the one that suits them best. It’s essential to stay informed about the latest developments and trends but take your time with the vast amount of information available. Remember, the metaverse is a constantly evolving space, so stay curious and be ready to embrace change.