Metaverse 14 articles

What is the Metaverse?

In October 2021 Mark Zuckerberg announced Facebook’s rebranding to Meta and will focus its work on the upcoming “metaverse.” Numerous tech giants are also starting to talk about the concept of metaverse and the creation of a new alternate reality.

An analysis by Bloomberg reveals that the metaverse is about to reach $800 billion in market size by 2024. But what exactly is this metaverse that everyone’s raging about?

The metaverse is a concept that describes the convergence of virtual reality, augmented reality and the internet. It’s like the internet, except you can do things in it and you’re in there with other people who are also playing.

You can be anyone or anything you want to be in the metaverse – you just have to choose your avatar carefully.

The idea of the metaverse was first described by Neal Stephenson in 1992 in his novel, Snow Crash. In his vision, the metaverse would be an online virtual reality that was a 3D space where people could interact with each other and explore new worlds. Since then, many companies have started working on creating such technology.

What can one do in the Metaverse?

The metaverse is a virtual world produced by the internet, and it’s accessible from many different devices. People have created digital avatars to represent themselves in this virtual space. They can also use social media applications like Facebook Messenger or WhatsApp to talk with other users inside of the metaverse.

For gamers, there will be plenty of opportunities to enjoy virtual reality (VR) and augmented reality (AR) games in the future. With those technologies growing in popularity over time, it’s likely that many people will want to play their favorite games while they are in their homes or wherever else they choose!

Can the Metaverse change our lives?

The metaverse is just one of the ways we’re reimagining how we live, work and play. We’re also developing new technologies such as mixed reality to help you connect with others in new ways. Moreover, for a truly democratized internet, we’d also probably need to explore the convergence of the metaverse with decentralized technology such as the blockchain.

The metaverse can be a place where you can create and share ideas with friends, family and coworkers. Imagine being able to bring your imagination into life!

You can also use it to live out your dreams – perhaps you want to write a novel but don’t have the time? In the metaverse, you could simply make yourself an avatar who can write this book while you’re sleeping!

Lastly, the metaverse will give us an opportunity to meet people from all over the physical world – perhaps someone will find their soulmate through this platform? The possibilities are endless…

Why we write about the Metaverse ?

We write about the metaverse because it is an innovative concept with the potential to change how we interact with the world. The power of virtual reality and augmented reality have been demonstrated in small ways over the past few years, but this technology has yet to reach its full potential.

Our goal is to familiarize you with how these technologies work and what they mean for your business or personal life.

FAQ

Who are the authors in the metaverse channel?

The Recursive’s editors you need to keep your eye on if you’re interested in the metaverse, are Elena Vrabie, Maria-Antoanela Ionita and Elena Ivanova.

What materials are written most often?

Success stories of companies that are shaking things up in the metaverse and interviews with the faces behind companies such as Nexo, SanoPass and EnterDAO.

Can I subscribe to updates from the metaverse channel?

Yes. Subscribe to The Recursive newsletter to get the newest metaverse insights from Southeast Europe in your mailbox.