What is Metaverse?
In 1992, the famous American science fiction writer Neal Stephenson wrote “Snow Crash”, and described a network world, called the Metaverse, which was parallel to the real world. All the people in the real world have a network identity (Avatar) in their meta world and can communicate with each other and control their own wealth, as illustrated in Ready Player One.
Simply put, the Metaverse is a bridge between the real world and the virtual world. This is achieved usually with VR and AR technology to expand the vision, sound, and touch from the real world by integrating digital objects into the physical world. The technology also brought in the real-world experiences involving trading, production, finance, and entertainment to form a truly immersive virtual world.
On a side note, “Avatar” and “Metaverse” are both derived from this book. Today, the Metaverse has become the Internet’s new form which is the next stage after realizing virtual reality. It now appears to be able to combine blockchains and NFTs to become a formidable force.
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