The buzzword "METAVERSE"
- Nikhil Robinson
- Oct 19, 2021
- 2 min read
Updated: Mar 28, 2023
Image Credit: Unit 2 Games Limited
"Metaverse" refers to online shared virtual world environments that people can access, without any constraints. The phrase can be equally applied to digital worlds that have been made more lifelike through the use of virtual reality or augmented reality. Some people also use the term to refer to virtual worlds, where players can roam around freely and interact with other players. There's also a sort of metaverse that makes use of blockchain technology. Users can use cryptocurrency to purchase virtual land and other digital goods. To the common people, it may appear to be a more advanced version of Virtual Reality (VR). Some believe that the metaverse is the Internet's future, and they are not wrong.
Unlike existing VR, which is mostly utilized for gaming, this virtual environment might be used for anything - work, play, concerts, movie trips, or simply hanging out. Many science fiction books and films are set in fully realized metaverses, which are digital worlds that are indistinguishable from the actual ones.
Most virtual environments now resemble the inside of a video game rather than real life. According to metaverse advocates, the internet is already blurring the borders between virtual and "real" encounters. Metaverse is seen as the next step in the evolution of the internet by its supporters.
People currently communicate with one another online through social media platforms or messaging apps. The metaverse's concept is that it will establish new online environments in which people may engage in more multi-dimensional ways, allowing users to immerse themselves in digital material rather than just watching it. The COVID-19 epidemic may be to blame for the increased interest in the metaverse. As more individuals work and go to school online, there has been a rise in the need for techniques to make online contact more lifelike.
Who is getting involved?
The concept of the metaverse is piquing the attention of investors and businesses eager to be a part of the next great thing. In July, Facebook CEO Mark Zuckerberg stated that the business plans to shift from a social media to a metaverse corporation in the next five years.
Converging the digital and physical worlds is a common word in Silicon Valley, with Microsoft mentioning it as well.
Roblox (RBLX.N), a popular children's game that debuted on the New York Stock Exchange in March, defines itself as a metaverse corporation. Fortnite from Epic Games is also considered a component of the metaverse.
Within these platforms, musicians may perform virtual concerts. According to Epic Games, millions of fans watched Ariana Grande perform digitally in Fortnite in September.
Virtual apparel, which people's avatars may wear in metaverse surroundings, has also been experimented with by the world's largest fashion brands.
Conclusion
Metaverse is a virtual world where people can gather and do various activities and engage in various entertainment. There is something for everyone in this virtual world like attending concerts and comedy show gatherings. The possibilities are limitless metaverse will bring a revolutionary change in every field out there. Everything we see now will be present in the metaverse. The line between reality and virtual will fade out with the introduction of the metaverse.
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