What is Metaverse? Get On The Hype Train?
How does cryptocurrency fit into this?
Metaverse is the hypothesized next iteration of the Internet, containing a decentralized persistent online 3D virtual ecosystem. Virtual Space will be accessible using virtual reality headsets, augmented reality glasses, smartphones, computers, and gaming consoles. Metaverse has already well-defined purposes for the computer games industries, businesses, education, retail services, and real estate. The most significant limitation for the wide-scale adoption of the Metaverse comes from technological limitations with current devices and sensors necessary for interacting with real-time virtual environments. The Metaverse faces privacy and user addiction issues, which are linked to contemporary challenges in the social networking and video gaming industries.
Understanding the Metaverse
The virtual world of the Metaverse is a new phase of interactive virtual adventures utilizing technologies such as virtual and augmented reality. At its very heart is the idea that online interactions can be more closely integrated with human interaction by creating a greater level of presence. Facebook is investing heavily in AR and VR, developing hardware such as Oculus VR headsets while AR glasses and wristband technology are in the works. Facebook CEO Mark…
