Realy Analysis — it’s about to get REAL up in here
By: The Oasis Dao
Tags: Solana Network, Metaverse, Cryptocurrency, Ethereum, Nft

Part 3. Key Features

Realy metaverse implements many different types and different levels of product applications, which together will form a complete ecosystem that derives value for users.

Avatar

The biggest highlight of Realy is arguably its “online forever” avatars that merges virtuality and reality. It utilizes “face-squeezing” tools to make realistic looking avatars that can actually look like a substitution of you (or what you wish you looked like) in the virtual world. Yay to instant and pain-free plastic surgery! These avatars can wear real-world brand virtual clothings, feed their virtual pets, and choose their virtual careers. So kinda like The Sims, your avatar can have a full-on virtual life within the metaverse.

Players create customized avatars and can mint them into NFTs for sale

Let’s circle back a bit to the “online forever” aspect of Realy’s avatars. Whenever you are online, you are the avatar and the avatar is you. But what happens when you’re offline? According to Realy’s whitepaper, “When you are offline, Avatar wins himself back. He is a virtual person in the virtual city with a set of AI-driven self-discipline systems.” Basically, the avatar can live its own digital life when it’s not being played by you so they are quite literally online forever. This screams Free Guy. If Realy can actually deliver this then this is so fucking cool. Imagine waking up to your avatar chopping their hair off because they hated the hairstyle you gave them. Or your avatar sneaking out of the house in the middle of the night to go to a virtual concert with its rowdy friends. Oh karma is hilarious.

“Metabolism” virtual city

In what Realy calls “Metabolism”, a virtual city where lands and blocks exist as virtual estate NFTs. Users can build the architecture from the ground, I’m talking stores, galleries, apartments, and more. Building and decorating it, leasing it to brands, or operating it to get NFT sales revenue, all these activities will generate a revenue in the form of $REAL tokens.

Virtual Concerts and Street Culture

Realy has made a further iteration by adding fashionable cultural elements to the metaverse. Realy will bring street-level brands, celebrities, influencers, etc. to their metaverse and issue NFTs. It has signed with 88rising and its plethora of artists and will develop virtual identities in the form of NFTs for these artists. Down the road, Realy will help these artists create their own virtual images, gradually launching exclusive virtual concerts and exclusive NFTs for them.

Street Culture & Fashion

In Realy’s white paper it cites another innovation that merges virtual NFTs with real world assets. “In the city of Realy Metaverse, you can buy a virtual garment of your favorite brand and send the real one to your real home. In the real-world store of the brand, you can also claim your virtual clothing NFT and wear it on your avatar by scanning the NFC chip embedded in the real clothes. You can share both virtual and reality with your avatar.”

Now, this is probably the part that sounds the most exciting to me. The idea of claiming a physical clothing from an NFT is not new by any means, Adidas’ Into The Metaverse NFT allows owners to redeem merchandises from their NFTs, BAYC also released limited merch for their holders. If Realy is able to bring this concept to the masses and bring onboard more fashion brands for collaboration, this could become a huge phenomenon. I cannot wait till the day I can buy a Birkin NFT and receive a physical Birkin IRL, I’m looking at you Hermès.