Metaverse, What is it?

The Origin of 'Metaverse'

This is the vision of the Metaverse, a term coined by science fiction author Neal Stephenson in his 1992 novel Snow Crash

Metaverse: A New Internet Frontier

Imagine a universe in which you may explore, socialize, play, and work in immersive virtual settings that are all seamlessly integrated. A universe in which you can produce and own digital assets with monetary value across several platforms and applications. It's a place where you may express yourself in fresh and fascinating ways, without regard for time, location, or geography.

Metaverse Platforms to Watch Out For!

Metahero

is a project that aims to create realistic 3D avatars and virtual objects for use in the metaverse, which is the collective virtual shared space of the internet. Metahero has its own token, HERO, which is used to pay for scanning services, licensing fees, and other transactions within the Metahero ecosystem.

Roblox

is a global online platform that allows users to create and play games with millions of other people. Roblox is also a game creation system that lets users design their own 3D worlds and games using Roblox Studio, a software tool. Roblox hosts a variety of games and genres, such as role-playing, simulation, adventure, and more.

The Sandbox

is a virtual gaming world built on the Ethereum blockchain. It allows players to buy, sell, and create digital assets using non-fungible tokens (NFTs). The Sandbox platform is centered on the world of video games and empowers developers to monetize gaming-related adventures on the blockchain. The Sandbox world is divided into land parcels that can be owned and customized by users. The platform also provides free software tools for users to create assets and experiences that can be shared and monetized within the metaverse.

Sybit CX World

is a virtual world that showcases the digital innovations and solutions for customer experience and customer processes by Sybit, a German company that specializes in SAP Customer Experience (CX). Sybit CX World is built by mld digits Gmbh and can be accessed via a web browser.

Hubs

is a website that lets you create and join private 3D virtual spaces in your browser. You can use Hubs to meet, share, and collaborate with others online, without any downloads or VR headset required. You can choose an avatar, chat with voice and text, and import media from the web into your space

Meta Horizon Worlds and Horizon Workrooms

Meta Horizon is a metaverse platform by Meta.

Meta Horizon Worlds is a place where you can explore, create, and socialize in immersive virtual environments. You can join existing worlds or build your own using the World Builder tool. You can also express yourself with customizable avatars and accessories.

Meta Horizon Workrooms is a virtual office and meeting space that lets you collaborate with your team in VR or on the web. You can use Workrooms to share your screen, whiteboard ideas, chat with voice and text, and access your files and calendars.

Meta Horizon Home is your personal space in the metaverse where you can customize your surroundings, invite friends over, and access your favorite apps and games.

Second Life

is an online multimedia platform that allows people to create an avatar for themselves and then interact with other users and user-created content within a multiplayer online virtual world. Second Life is a pioneer in virtual communities, cultures, experiences, and economies, and it has been running for over 20 years. Second Life users can explore, discover, create, shop, socialize, and participate in various events and activities in the virtual world. Second Life also has its own virtual currency, Linden Dollars, which can be exchanged for real money.

In a nutshell

• The metaverse is a term used to describe a collective virtual shared space that is fully immersive, interactive, and user-generated.
• It is a network of interconnected virtual worlds, spaces, and environments where people can interact with each other, engage in activities, and build and create their own content.
• The potential applications of the metaverse are vast and varied, including a new kind of internet, a platform for gaming and entertainment, and a way to create new social and economic systems.
• The metaverse is still in its early stages but is a topic of growing interest and speculation in tech circles.

Metaverse is the next iteration of the internet, which started as individual bulletin boards and independent online destinations and evolved into a network of interconnected websites, apps, and services.