The Metaverse – A Virtual World Created by Mark Zuckerburg, CEO of Facebook
The Metaverse is an immersive, virtual world created by Mark Zuckerburg, CEO of Facebook. It will allow users to interact with each other wherever they may be in time and space, and it will allow them to create their own virtual selves. These cyberspaces will remain on the network after events occur, and people can trade and create content. As it grows in complexity, the Metaverse will include servers, digital currency, a marketplace, and social networking platforms.
The Sandbox is one of the most popular decentralized Metaverse games, allowing players to create their own virtual worlds. Recently, Adidas purchased land in the Sandbox to create its own metaverse, Adi-verse. It has partnered with prominent NFT brands and Coinbase. Its website features daily updates on new games and instructions for how to create them. It also enables users to build demo games for free. This has given users an opportunity to play and learn the Metaverse without risking their hard-earned money.
The Metaverse uses blockchain technology to enable users to create objects and worlds. Decentraland, for example, uses Ethereum to create a virtual space. People can own land on the Metaverse by buying land tokens (effectively, non-fungible tokens). In addition to being decentralized, Decentraland offers social spaces and games.