Imagine a world where a VR headset is all you need to attend a business meeting anywhere in the world. A world with a marketplace where you can buy, sell, and exchange items, including digital assets like virtual clothing, avatars, event tickets, and NFTs.
The metaverse is an artificial world that makes this possible. But there's more.
Metaverse isn't just Silicon Valley's favorite buzzword; it is the new chapter of the internet, a new way to live. Starting earlier this year, when Mark Zuckerberg announced that the future of Facebook is in the metaverse, there's been plenty of inquiry into the metaverse and its implications for tech. However, we find that the metaverse fever traces back to October 2021, when Facebook rebranded as Meta. And ever since, every company, from Nvidia to Microsoft, has suddenly gotten into the metaverse business.
But, what is the metaverse, and why is it such a big deal?