The Metaverse, but what is it?

What exactly is the metaverse?

The metaverse or metaverse is a digital universe that exists beyond our physical reality. It is a set of virtual worlds where people can interact, play games, communicate and do various activities.

These virtual worlds are the result of computer programming.

The phrase recently became known after Mark Zuckerberg changed the name of his company from Facebook to Meta. He also demonstrated a brand new take on the metaverse where you can instantly start a virtual video chat.

Several metaverses are already present in video games such as Roblox, Minecraft Where Fortnite.

According to Craig Donato, Commercial Director of Roblox, is the flagship innovation of the current metaverse immersive experiences which allows us to do things with other people, like have adventures.

Roblox is one of quarters of the metaverse. It allows you to create games in this universe and invite other players to play them.

Metaverse and digital assets

The concept of metaverse is not new. But what has made it really interesting these days is blockchain. Using this technology, metaverse participants can exist in real or non-fungible token (NFT) form and themselves hold NFTs owned by them. So you can claim your digital assets in the metaverse.

Many blockchain-based Play-To-Earn games combine metaverses and digital assets (NFTs and cryptocurrencies). For example, the Tamadoge crypto (TAMA) is the entry symbol for Tamaversethe metaverse of the future P2E game Tamadoge.

This game shows us that it’s not just about humans in the metaverse. Players will be able to create, raise and fight virtual dog NFTs and earn cryptocurrencies. You can now participate in the pre-sale of TAMA cryptocurrencies that will allow you to profit from this metaverse.

What is the origin of the metaverse?

American science fiction writer Neal Stephenson coined the term “metaverse” in 1992. In his book SnowfallStephenson describes the metaverse as a virtual environment where individuals communicate with digital avatars.

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To create the term “metaverse” he mixes the words “meta” and “universe”. But after 1992, the meaning and scope of the metaverse continued to evolve.

Subsequently, the first virtual metaverses or interactive worlds materialized in video games with the debut of Second Life, The Sims, GTA, Fortnite and other popular franchises.

What major groups work in the metaverse?

With a rapidly growing number of potential users, technology companies cannot ignore the virtual world, in which many business opportunities arise: entertainment, advertising, virtual real estate, etc.

Microsoft

Microsoft’s entry point into the metaverse is the Mesh platform. Users can communicate and engage with each other using online avatars during meetings through Microsoft Teams virtual collaboration spaces.

Apple

Apple has a reputation for being an early adopter of advanced technologies. According to speculation, Apple is continuing the tradition by creating AR/VR headsets that allow users access to the metaverse.

Meta (Facebook)

The company Meta (formerly Facebook) tries to provide digital solutions for everything from work to play because it believes that the metaverse will be an integral part of our lives in the future.

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