Why the Metaverse’s Future will not be Decentralized with Robert Rice – Step into the Metaverse podcast: EP19
In this episode of the Step into the Metaverse Podcast, I had a chat with Robert Rice, the Founder and CEO of Transmira, Inc., the developer of Omniscape, an XR platform seamlessly blending Augmented and Virtual Reality together, focusing on location and monetization. He is an experienced technology and startup executive and advisor with over 25+ years of experience. Noted as an Internet Gaming Pioneer by Advertising Age magazine in 1996, Robert was also called a “Founding Father of the Digital Nation” in 1998 by The Raleigh News & Observer.
He is an authority on mobile augmented reality, persistent immersive environments, virtual reality and worlds, massively multi-user online games, and simulations. Robert coined the term “XR” in 2014 as an umbrella term for AR, MR, and VR together or in a seamless combination of each together. It is now an industry standard term.
During the interview, we discussed how XR will change our society in the coming decade, the centralized versus decentralized metaverse, and how we move from one metaverse space to another. We also covered the role of digital twins and some of the dangers we can expect in the metaverse. Stay tuned for more.
Highlights
- [01:29] - His Tron-inspired passion for everything metaverse.
- [04:53] - How the XR platform he’s developing is different from others.
- [07:59] - What the metaverse really is and the expected evolution of VR, AR, and XR in the next decade.
- [14:02] - Why Decentralization might never really happen.
- [18:52] - NFTs 101: Scarcity Vs ownership of digital assets.
- [23:02] - An analysis of real estate investing in the metaverse.
- [27:39] - Moving from one metaverse space to another from a user experience and technical perspective.
- [30:45] - The numerous possibilities in creating digital twins for enterprises.
- [35:27] - Privacy and other ethical challenges that will arise with the metaverse.
Quotes
“I think this concept of a decentralized metaverse is never going to happen, but I think it will be distributed though” - Robert Rice
“The real value of blockchain isn’t the scarcity or rarity, or the store of value as it were. It always boils back down to the safety, the security, the commerce” - Robert Rice
“One thing that a lot of people like to do in virtual worlds is to be somebody else other than who they are” - Robert Rice
Learn More About Robert Rice in the Links Below:
- LinkedIn - https://www.linkedin.com/in/robertrice/
- Twitter - https://twitter.com/RobertRice
Dr Mark van Rijmenam
Dr. Mark van Rijmenam is a strategic futurist known as The Digital Speaker. He stands at the forefront of the digital age and lives and breathes cutting-edge technologies to inspire Fortune 500 companies and governments worldwide. As an optimistic dystopian, he has a deep understanding of AI, blockchain, the metaverse, and other emerging technologies, blending academic rigor with technological innovation.
His pioneering efforts include the world’s first TEDx Talk in VR in 2020. In 2023, he further pushed boundaries when he delivered a TEDx talk in Athens with his digital twin, delving into the complex interplay of AI and our perception of reality. In 2024, he launched a digital twin of himself, offering interactive, on-demand conversations via text, audio, or video in 29 languages, thereby bridging the gap between the digital and physical worlds – another world’s first.
Dr. Van Rijmenam is a prolific author and has written more than 1,200 articles and five books in his career. As a corporate educator, he is celebrated for his candid, independent, and balanced insights. He is also the founder of Futurwise, which focuses on elevating global knowledge on crucial topics like technology, healthcare, and climate change by providing high-quality, hyper-personalized, and easily digestible insights from trusted sources.
