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What is the Metaverse?

The Metaverse is a virtual reality environment, which offers new worlds of entertainment, socialization, and work. This new environment may help people create new friends and collaborate with AI avatars, while also increasing their productivity. Some early metaverse experiences have already been spotted, including the popular Fortnite game, which has over 350 million users. For example, the game recently hosted a Travis Scott virtual concert, with over 12 million viewers. The goal of the Metaverse is to create a global community of people who are connected in different ways. The technology could also be used to enhance virtual learning, giving users a chance to immerse themselves in virtual school or virtual training environments.

Several large tech companies have joined the metaverse movement, such as Microsoft and NVIDIA. Popular brands have jumped on the bandwagon, too. Gucci partnered with online game-creation system Roblox to sell NFTs, and Coca-Cola has released digital tokens that can be used to explore the metaverse.

Some of the biggest names in the metaverse have already purchased lands in the Sandbox. Some of the more prominent video game developers have even collaborated with the company to create their own virtual worlds. Some of these games even include a collaborative area for crypto users. Adidas recently acquired land on the platform and is creating its own virtual world, called the Adi-verse. The company has also partnered with Coinbase, one of the largest cryptocurrency exchanges. The Sandbox website provides daily updates on the latest games and provides instructions for building your own games. The website also lets you build your own demo game free of charge.