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The Metaverse – The Next Chapter of the Internet

Crypto, Nft, Game

Since Mark Zuckerberg described the Metaverse as the next chapter of the Internet, interest in this virtual world has skyrocketed. It’s a three-dimensional, massively scaled and persistent virtual reality that is interoperable between different digital platforms. It’s also a place where people can hang out together in real time.

The metaverse is being realized through a variety of technologies, including virtual and augmented reality, artificial intelligence and blockchain. Many of these are already being used in the consumer realm, such as social VR games like Horizon Worlds and VRChat and ethereum-based virtual worlds like Decentraland and Sandbox. Other business applications include virtual offices, collaboration tools and immersive training environments.

For the first time, we can truly immerse ourselves in a world that is both imaginative and close to our physical realities. It’s also becoming easier and more affordable to use. VR headsets are a fraction of the cost they were just a few years ago, and mobile AR devices allow us to see virtual objects and experiences without using our phones.

There are still some hurdles to overcome before the Metaverse fully takes off, including technical issues with hardware and software, as well as cultural and psychological concerns about spending time in a virtual world. But these are being addressed with research and development, as well as by businesses and brands that see the potential for a new kind of commerce, education and entertainment. For example, jewelry retailer Cartier is letting customers try on rings virtually, and Ikea and Gucci have apps that let users browse and order products remotely.

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