Metaverse-as-a-Service (MaaS) is a novel technological solution that anyone can use to build their own metaverses.
What Is Metaverse-as-a-Service (MaaS)?
As technology gradually evolved, businesses and service providers have transitioned from the one-time fee model to a subscription-based model with increasing pace and frequency. Over the years, several unique business models like Saas (software-as-a-service), IaaS (infrastructure-as-a-Service), and PaaS (platform-as-a-service) have stemmed from the XaaS (Anything-as-a-Service) model.
In the simplest terms, the concept of “as-a-service” involves delivering technological products and solutions via cloud-based services. For example, instead of setting up their in-house database storage servers, which would come at a high cost, companies employ the pay-as-you-use services offered by third-party service providers, like AWS, Microsoft or Google. In this setup, users gain the benefits of less capital expenditure, more flexibility, and the option to upgrade as needed.
According to Ray Lu, the Founder and CEO of the first MaaS platform Bit.Country and Metaverse.Network,
Think of MaaS as another IT-based service. The notable difference, however, is that there are no centralized entities. Decentralized platforms and open protocols provide the service and the infrastructure. In our case, we have built Bit.Country and Metaverse.Network to empower users to build their own metaverses. Using our MaaS solution, users can implement economic infrastructure, governance, and immersive visual and interactive experience, without any knowledge of blockchain technology.
Ray Lu is the CEO and founder of Bit.Country and Metaverse.Network. Between his keen interest and ample experience in blockchain technology and decentralization, Ray is one of the biggest evangelists of Web3 and the metaverse. With a bachelor’s degree in Computer Science, Ray is also the force behind MVP.studio, IndustryConnect.org and Thunder.University. Before starting Bit.Country, Ray worked with a consortium of leading brands, including Air New Zealand and Datacom.