๐จโ๐ซINTRODUCTION
At the crossroads of reality and virtuality, extraordinary events always happen with the potential that leads to new opportunities over time. These innovations very frequently bring prosperity to the first movers. Those entrepreneurs, who identify and grab these opportunities, within the window of time, have the highest probability of success. For Instance, Bill Gates of Microsoft developed the first operating system "Microsoft Disk Operating System" in the 1980s, the worldโs largest e-marketplace Amazon launched its online platform in 1994 when half of the world had no access to the internet, and Google, the contemporary ruler of the technology world, was once merely a research project of two students. But they all had one thing in common, the founders of these billions of dollars worth of ventures realized that the future lies in digitalization, identified the right window of opportunity, and never allowed to let it slip from their hands.
Furthermore, the digitalization of the traditional business operations not only provides benefits to the businesses but also enhances the living conditions of all the stakeholders. For example, the transition from traditional banking to digital banking enabled people to conduct online businesses thereby providing access to global markets and inevitably bringing down the prices while ensuring enhanced quality of commodities. As soon as innovative ways coupled with the latest technologies are introduced to resolve day-to-day complex problems, they ultimately facilitate individuals by becoming their resourceful tools. As a matter of fact, the major developers and beneficiaries of efficient use of digital technologies are humans.
Similarly, in this fast-paced era, people want to utilize their time and resources in the most optimal way possible. For that matter, they are willing to involve technology and digital techniques in almost every sphere of their lives. This is why the world has witnessed the sustainable use of intelligent devices in banking, medical, aerospace, defense, and many other sectors. But now the trend is moving towards virtual reality based games where individuals can entertain themselves with computer-generated environments having scenes, objects, and playing conditions that appear to be real and making the users feel they are immersed in their surroundings.
Moreover, these virtual reality based games merged with the cryptocurrencies, the non-fungible tokens (NFTs), and with the overall blockchain system results in more life-like virtual gaming conditions called the GameFi. It is one of the hottest things in digital finance at the moment. As its name reflects the combination of the old-fashioned thrill of winning prizes with new blockchain developments in what's known as Decentralized Finance (DeFi). Where the finances are owned and controlled by individuals rather than intermediaries like banks, funds, and other financial institutions and are available at the disposal of the owners to invest and utilize wherever and whenever they want.
The Metahorse is a similar concept. It is the confluence of reality and virtuality. The real-life horse experience in digital form. As the horses are time-tested, loyal companions of human beings on the planet, from children to adults and old age people, the majority found them quite fascinating. In addition to that, owning a horse is considered a status symbol in elite circles. However, most people have no or less access to horses in real life. They have to travel to far places to visit stables and racecourses for seeing and riding horses. Besides that, owning and maintaining a real-life horse is a very much expensive and time taking process, people living in urban areas especially find it very difficult to have a horse of their own due to limited space and unavailability of hay or grass, and so on.
However, the Metahorse platform will enable individuals with limited time and resources to entertain themselves by fulfilling their desire for horses. The Metahorse, as the name implies, is an amalgam of Gaming and Decentralized Finance platform (GameFi), leveraging on the strength of digital blockchain assets, such as cryptocurrencies and Non-Fungible Tokens and so on, to develop a confidential and highly secured, digital ecosystem that will help the horse admirers to own, ride, race, maintain, trade, and spectate horses digitally and inexpensively while in the comfort of their place. It will offer the chance to all levels of maturity, from novice to professionals, to become part of the Metahorse Community.
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