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What is the Metaverse?
Metaverse is a virtual world where users can interact with one another in real-time. The technology allows them to adopt different personas, cultivate hobbies and even build businesses. This virtual space is becoming increasingly popular and could revolutionize the way we live. It’s also a great platform for gamers to socialize and compete with one another.
The metaverse is powered by blockchain and augmented reality. The blockchain gives the metaverse its underlying security and stability, while augmented reality provides the immersive experience that brings it to life. The technology is still in its infancy, but it’s gaining momentum with big companies like Facebook and Microsoft launching their own metaverse projects.
Many people have misconceptions about the Metaverse, including that it’s a video game or some piece of hardware. In reality, it’s a new network of 3D digital worlds where virtual and physical boundaries have collapsed. It’s a combination of the Internet, virtual reality and social media.
It’s important to note that the Metaverse is not a product or device, but a new way of being online. Just like World of Warcraft, the iPhone or Google GOOG +1.6% is the Internet, the Metaverse is a set of protocols and technology, tubes and languages that connects digital worlds, devices, services, content and communication experiences. It’s the 3D elevation of the Internet that includes augmented reality, virtual worlds, games and more.