The Evolution of the Internet: What is the Metaverse?
The Evolution of the Internet: What is the Metaverse?
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Introduction
What we’ve been noticing
Recently, the term Metaverse has been gaining a lot of popularity. Although it’s not a new concept, interest in it soared when Facebook entered the market and rebranded themselves to Meta, creating hype in the crypto space. This hype has led the price of meta-related cryptocurrencies to soar and increased interest in metaverse platforms. Predictions about the metaverse are that it will radically transform the way we live in the world around us. But what does this term Metaverse really mean, and why is a corporate powerhouse like Meta betting on it. In this article, you’ll learn the answers to both of these questions as we introduce you to the next phase in digital innovation.
Key Topics this Article will Cover:
The evolution of the internet: What is the metaverse?
How does the metaverse work?
How will the metaverse impact our daily lives?
Conclusion: What’s next for the metaverse?
The evolution of the internet: What is the metaverse?
The metaverse is a newly imagined technology that uses augmented and virtual reality (AR and VR) to place users in a digital world. It's a concept where virtual worlds and reality merge into one giant world with limitless possibilities. It is the next generation version of the internet built around immersive experiences in virtual environments. We will be able to communicate with others and have an entirely immersive experience in the metaverse. While gaming platforms dominate today's metaverse (e.g., Fortnite and Roblox), many in the industry see the opportunity for the metaverse to redefine how and where people connect to each other. The pandemic has shown the vital importance of finding ways for people to meet and engage with others via social platforms such as Zoom, Google meets, and the likes. In the future, the metaverse may provide channels for people to meet, talk, and enjoy activities and events together, even if they are far apart in the real world.
The easiest way to perceive it is as the next wave of the internet. The first wave of the internet laid the foundations, linking various websites and providing search functionality. The second wave made it possible for third-party apps, like Facebook, to function on these foundations. The third wave will enable wide-spread, 3D, immersive online experiences. The Metaverse is a decentralised space that blurs the lines between reality and the digital world.
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What else did you miss?
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Conclusion: Our verdict. Is it worth getting involved?
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