Academic research in cryptocurrency and metaverse is still sparse, and not many leading universities have pursued research into these fields. Brazil’s University of Sao Paulo will be among the first universities to pursue metaverse research. However, the research is more on the social impacts of AR, VR, and the metaverse and not technical elements. Private firms have made a lot of progress in the technological aspects, but very little research is done in the sociological fields. But as and when the metaverse becomes a reality, like social media, the psychological impact will be huge. For the first time in human history, we will have an avenue to live a second life digitally with its own realities. When social media itself has such a huge impact on us, the metaverse’s impact will be much more significant.
Professor at The University of São Paulo, Marcos A. Simplicio Jr., will be spearheading the research. He said that the University of São Paulo’s research will have far-reaching implications for the development of Web 3 infrastructure in Latin America. More importantly, it can raise public awareness about these fields and encourage them to go into them, both academically and as users.
The University of São Paulo is partnering with the United States of Mars (USM) token to conduct these researches. Marcos A. Simplicio Jr. said that this is the first time the university has received a digital token as a part of a partnership. If the research goes well, it will have many positive benefits for the crypto ecosystem.