Quick Summary
- Metaverse is a well-known buzzword, mainly in the crypto world. The Metaverse concept was first used in 1992 in the book Snow Crash, and now it’s a destination of many gaming companies.
Metaverse is a futuristic virtual reality world of immersive social involvement reshaping social interaction. Shopping, gaming, learning, business – it has the potential to take over every field and take it to a new world that knows no boundaries. But wait. Actually, this “Metaverse” is?
related: The Meta Key: Enter The Metaverse
Metaverse Explained
The word ‘meta’ is the Greek word that means beyond, and the word ‘verse’ is taken from the universe. So, combined, metaverse means a universe beyond our natural world. Metaverse takes you to another universe that lives in the ones-and-zeros of the computer, powered by blockchain technology.
The word metaverse was first used in 1992 in the book “Snow Crash” by Neal Stephenson. The book was about a dystopian world weaving virtual reality. The real world is pretty much destroyed, and the only way people can interact is through the metaverse.
The internet is moving one step forward – combining 5G speed and blockchain technology, the world is now beholding the new dawn of social venture we call Metaverse. One project is even build the key to the Metaverse. The Metaverse internet is an upgrade to how we shop, learn, and interact with the internet toda. The inevitability of blockchain is making it so impactful that Facebook has to rebrand itself to Meta to claim the arena.
Imagine you meet your friends and family, go shopping, attend 3D classes, and watch live matches, not in reality but virtually in a 3D world, wearing a headset, and sitting in your room. Sounds weirdly interesting! The world needs to brace for what’s. We’ll experience more and more anime in video games embodying every avatar, not just looking at it.
The future is going to be beyond anything we can imagine, taking you from a 2D screen of a computer or phone to fully interactive 3D. Facebook’s rebranding to Meta was a breakthrough for this tech. Meta is pouring billions into their metaverse bet. Hiring 10,000 employees and spending $10 billion, the social media giant seems very serious about capturing the virtual arena and creating a monopoly there.
Conclusion
Metaverse actually has the potential to grow, yet the concerns of a data breach will hurt more than ever before as metaverse space is more personal than your Facebook posts. Metaverse is not a place where you only post your holiday photos, but everything you do there is a part of it, and users need to trust the companies.
And with the future development, when Metaverse even records your brain activity, the company providing services will know more about you than your family does. Let that sink in!
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sources: YouTube, Investopedia
author: mnmansha
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
