The combination of NFT, AR, and VR has the potential to bridge the gap between the traditional economy and Web 3.0. So let’s explore whether augmented reality, virtual reality, and NFT will become explosive or not?

NFT in Virtual Reality and Augmented Reality

VR, also known as Virtual Reality, is a technology that will put you in a computer-generated virtual world. You are actually in the virtual world and become a part of it and can interact in many different ways. VR technology can create almost any image and place that users can imagine. Not only providing virtual images, but VR AR technology also allows users to experience through the senses such as hearing and touch. To share this technology, users need to use special equipment such as computers, sensors, headsets, and gloves.

AR – augmented reality technology is a technology that changes the material environment by “augmenting” and adding digital elements to it. AR does not create the entire virtual world environment like VR. Simply put, AR overlays the actual scene with a computer-generated virtual object, giving a visual view to the user and helping them evaluate and scrutinize.

NFT can help transform AR and VR experiences creating more value for AR/VR and making it easier for them to buy, sell and access using blockchain technology. NFT will also make it easier for users to access AR experiences or even VR experiences. Furthermore, as NFT standards evolve, NFT creators will benefit economically from them.

Currently, the application of NFT in AR / VR is also quite popular, here are the use cases of NFT in AR / VR:

  • Art

Augmented reality allows artists to create NFTs of more realistic works tailored to context, sound, visuals, or other virtual effects. Furthermore, AR allows NFT collectors to experience artwork anywhere and anytime through smart devices fully.

  • Gaming

AR and VR can make the user’s role-playing game experience more interesting and engaging. Furthermore, users have the opportunity to experience in-game assets through AR/VR, which can be game items or any kind of NFT.

  • E-commerce

 What if your shopping experience is enhanced by the fact that you no longer have to browse through products that are just photos. With the integration of AR/VR into e-commerce, you can try the product before buying through virtual technology. The product can be normal, or it can be a normal product or a product in the NFT collection of a famous brand.

  • Real estate

AR/VR technology allows customers to experience products such as visiting directly and observing all aspects of real estate during the process of product consultation by the investor/broker before deciding to trade. AR / VR technology allows viewers to see the entire 3D scanning space of the project or product they are interested in from all angles and directions. With just a few clicks, customers can move to every location they want to observe in every corner, giving customers a true feeling and experience. With NFTs as virtual real estate assets, users can use AR/VR technology to experience that real estate more realistically. For example, if an NFT property is a shopping mall in the Metaverse world, you can fully use AR/VR technology to experience each store and product.