What is metaverse?

What is metaverse?

Metaverse is a virtual futuristic version of the internet built on immersive virtual worlds, virtual reality, and augmented reality. It hasn’t been found yet, but the concept is that it will allow people to work, play, talk, learn, shop and more through a unified virtual experience.


Big tech companies like Microsoft, Apple, Google, game companies like Epic Games and even major brands like Nike and retailers like Walmart are vying to control the development of the Metaverse or tap into valuable virtual markets. Facebook even famously renamed itself Meta specifically to indicate its focus on developing the upcoming Metaverse.



What does metaverse mean?

The Metaverse is a compilation of meta-words and the universe and was coined in the 1992 science fiction novel by Neil Stevenson. Snowcrash. In this book, the term refers to an immersive virtual world accessed via goggles, where people were represented by custom avatars and interacted in a realistic virtual space.


Outside the realm of science fiction, the real Metaverse is a potential evolution of the internet that people can access via VR headsets, augmented reality, and more traditional systems like PCs and phones.


Unlike the social Web 2, or even a decentralized virtual network 3, where the Internet is experienced through websites and communication is facilitated through services such as Zoom and Discord, Metaverse will be based around immersive virtual worlds or worlds where users are represented by custom avatars.



What can you do in the Metaverse?

The central idea of ​​the Metaverse is that it will allow you to immerse yourself in a digital world with the help of a VR headset, interact with friends and strangers, enjoy virtual experiences such as games, learn new things, shop for both physical and virtual items, and do whatever else you currently use the Internet for. .


The idea is that the Metaverse will consist of a huge network of interactive 3D worlds and you will be able to freely move between these worlds for work, play and everything in between.



Can you try out the Metaverse today?

The Metaverse has yet to be found, but plenty of pieces are in various forms. Some companies are even starting to describe their products as metaverses.


For example, Epic has referred to their Battle Royale Fortnite game as the metaverse, because it allows users to interact via virtual avatars, has featured crossovers with large media properties, and has even hosted virtual concerts and other events. Epic has also partnered with Lego to build a child-safe metaverse.


VR Chat is another game that provides a window into what you might feel when navigating the Metaverse in the future. It is a game in which users are represented by custom virtual images, can explore different virtual worlds, and interact with each other through VR headsets or via a less immersive computer experience.


Other games like Rec Room and Horizon Worlds on Facebook offer similar experiences that allow you to interact, socialize, and play games with other people through a VR interface.



How does the Metaverse relate to VR headsets and the Oculus Quest?

Virtual reality is a key aspect of the Metaverse because it facilitates a more immersive experience. While it will likely be possible to interact with the Metaverse through a variety of means, including computers and phones, the experience will be designed around virtual reality and potentially augmented reality.


Companies like Facebook and Microsoft have positioned themselves as the driving forces behind the development of the Metaverse, and Facebook in particular has a large stake in virtual reality.


The Oculus Quest, or Meta Quest, does not currently provide access to the Metaverse, nor will it be required to access the Metaverse in the future, but it is an example of the kind of low-cost standalone VR hardware that will make Facebook’s vision of the Metaverse possible.


If you want to experience what it’s like to interact with an immersive virtual world while waiting for the Metaverse to arrive, the Oculus Quest is a good entry point into the world of virtual reality. It’s a standalone VR headset, which means it doesn’t require an expensive PC to run, and you can use it to check out Horizon Worlds on Facebook and a variety of other virtual experiences.




Instructions

  • How do I invest in Metaverse?

    You can invest in metaverse stocks, metaverse cryptocurrencies, metaverse NFTs (non-fungible tokens), or buy metaverse land and property.

  • How can I buy a property in Metaverse?

    Buying virtual real estate through a metaverse platform such as The Sandbox or Decentraland. Purchases are made through cryptocurrencies and ownership is registered on the blockchain as a transfer of NFTs.

  • How can I make money in Metaverse?

    You can design 3D assets for other users, create VR games, organize events with paid tickets, and rent or sell properties to earn money in the metaverse.


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