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Relevance of Metaverse in Today’s Times

The Gamers are – to an extent – already living in it. The art world is cashing in on it. And big brands claim that they are building on it as their ‘next frontier’. Metaverse is more than a buzzword now. It is a fully-realized digital world that exists beyond the analog one in which we live.

What exactly is Metaverse?
The Metaverse, as a concept, was first introduced in the science fiction novel ‘Snow Crash’ by Neal Stephenson. The story focuses on a virtual world that is built on top of the existing internet infrastructure. A virtual world that users can interact with and explore. However, in today’s world, the Metaverse is evolving.

What will the Metaverse look like?
Metaverse is not a single product, nor is it a single game. There will never be one single entity that is creating it. It is an immersive, interoperable 3D world wide web where businesses, information, and communication tools can all be accessed from anywhere.

What can you do on Metaverse?
Work, play, shop – almost everything you do in the real world. Think of everything from communications to e-commerce to sharing or trading in NFTS – it covers an entire gamut of operations. A parallel universe altogether- digitally.

What is the relevance of Metaverse to us?
With Covid 19 and growing dependence on the online world has led to the metaverse gaining more importance. The metaverse will provide people with new online spaces where they can interact more inter-dimensionally.

Who are the biggies joining the Metaverse bandwagon?

Mark Zuckerberg said that Facebook will try and transition from being a social media company to a metaverse firm in the next five years. And Facebook is not the only company involved, Microsoft, Epic Games, Roblox, and others are creating their own virtual worlds or metaverses.

In short, Metaverse is the world of the future. A parallel universe. Are you ready?