Monday, 31 October, 2022 UTC
Summary
While cryptocurrency and blockchain are common terms in today’s world, Metaverse is yet another concept gaining considerable popularity. It is simply a system of 3D virtual worlds aimed at building and facilitating social connections.
As an evolving technology, it is expected to dominate the internet in the coming years and many companies are adopting it already. One of the top companies that embrace the metaverse is Facebook (now Meta). It is expected that technology will create more jobs.
Interestingly, cryptocurrency is an integral part of the metaverse making it appealing to traders and stakeholders. As a beginner, you must know that the world is currently migrating to Web3 from Web2. Metaverse is just one of the numerous changes predicted.
In this article, you’ll read about yet another important change in the history of the internet.
Metaverse: An Overview
Metaverse is an imaginary mimic of the internet as a universal, comprehensive, yet single digital world. It is facilitated by technologies like augmented reality (AR), cryptocurrency, virtual reality (VR), etc. to create a sense of virtual presence.
The first use of the term “metaverse” according to Forbes’ Jean Folger was in Neal Stephenson’s 1992 novel – Snow Crash. The science fiction author represents an imaginary interaction of software agents and human avatars in a three-dimensional virtual space in the novel.
Our real-world settings like streets, lakes, mountains, buildings, and others are incorporated alongside visual elements, sensory inputs, and sound to create a lively experience. It is the next evolution of connection on social platforms and is expected to replace the mobile internet.
How does the Metaverse works?
As a result of its deep and rooted nature, it is difficult to explain how the metaverse itself works. A generally accepted explanation for it holds that a metaverse is a wide system of connections where individuals make use of avatars to interact with others.
Apart from interaction, they can also work, invest in cryptocurrencies, join learning classes, travel in a 3D virtual environment, and carry out their professional work. It is a multidimensional environment where users interact with other users in real-time.
It is expected that the metaverse will grow as far as creating online spaces where users will have access to virtual reality experience. To make it understandable, imagine having a digital version of our universe on the internet. Amazing, isn’t it?
More like watching fellow humans in movies, but this time, it’s not staged – it is us living in the digital realm. It’s expected to be fun and interesting. Imagine a set of digital environments that you can explore, tour, and move around streets, cities, and even hike mountains.
7 key facts you need to know about the Metaverse
- It combines several technologies like cryptocurrency, virtual reality (VR), augmented reality (AR), social media, blockchain gaming, etc. to create a feeling of virtual presence and a sense of belonging (to a large network of connections).
- With the future development and changes predicted for the metaverse, you will be able to connect and interact with others, play, work, shop, and learn.
- It is mythical to say that the metaverse is only for gamers, developers, or tech enthusiasts. It is virtually for everybody since it is a digital replica of our universe.
- The augmented reality glasses that you’re currently seeing as a visual asset will late become widespread and become a device just like smartphones.
- You can access the metaverse on different devices like your personal computer, smartphone, tablet, and virtual reality devices.
- The metaverse will create more job opportunities for those who have the existing skills to build the virtual environment. Mark Zuckerberg’s Meta announced plans to create 10,000 new high-skilled jobs in the European Union (EU) to help shape the metaverse.
- Experts opined that technologies bring us apart in terms of feelings. However, the metaverse has come to correct that. It will be so “real” and give a top-notch sense of being together physically.
Final Verdict
Metaverse, like every other technology, promised to make connection and interaction with others on the internet easier. It is easy to resonate with since it incorporates most of our daily entities like social media, smart devices, cryptocurrency, and online gaming, among others.
Apart from easing connections on the internet, it will also create job opportunities and create an avenue to shop, learn, play, work, and interact with others. Above all, augmented reality glass, an important device in the metaverse, will soon spread around like smartphones.
Kindly share your thoughts about the metaverse. Are you ready to embrace the digital universe?
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https://arvrjourney.com/The Digital and Fictional Universe, Metaverse, and 7 Key Facts you need to know about it was originally published in AR/VR Journey: Augmented & Virtual Reality Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.