We believe that the meta universe can be regarded as the next generation Internet, or “Quanzhen Internet”. Compared with the existing Internet, its main features are immersion and the improvement of user created content (UGC). Inspired by the theory of virtual world compensation and the sense of achievement and satisfaction of creating the world, people are using constantly developing technology to create a virtual / closely combined with reality and a “meta universe” with more immersion and user created content (UGC) than the mobile Internet. We believe that the development of metauniverse is a long-term process. With the continuous development of computing power, algorithm, XR, communication and blockchain technology, it plays a revolutionary role in games, industrial design, remote display, industrial remote operation and other scenes.
Algorithm (engine) defines the basic rules and presentation methods in the virtual world. It defines and implements the “laws of nature” in the game. These “laws” include “light and shadow effect”, “animation system” and “physical system”. Engine can reduce repeated development and reduce the development threshold. Generally, the engine performs physical model calculation, AI calculation, image rendering, sound, animation system rendering and other functions.
We believe that with the continuous development of the virtual world, the platform engine software, as the basic development entrance, will have more and more users, and the application scenes will gradually develop from games to advertising design, movies, exhibitions and other scenes. With the rise of the concept of meta universe, engine companies will benefit from their role as “shovel sellers” in the software field.
Risk tip: metauniverse is still in the early stage of development, and the time required for technology research and development is uncertain; Policy supervision risk; Market systemic risk.
