What is the Metaverse?

Ok boomers - how many of you actually know what the Metaverse is?

Not to worry, there is still plenty of time to get up to speed.

Here are the top 4 things you need to know about it.

#1 What is the Metaverse?

The Metaverse is a space (cyberspace) that hosts our normal world. Moreover, it is a blending of our physical objects and interactions into a virtual world, where we can interact with others digitally, through avatars.

#2 How do you use the Metaverse?

In this digital world, users create characters (avatars) and personalize them, giving them skills and traits. These avatars then interact with other characters in digital worlds. These interactions include doing things that can be done in today’s world, like going to the mall or things that might happen in the future, like living on Mars.

#3 What real world companies are involved in building the Metaverse?

There are several companies involved in building the metaverse.

• Facebook who just changed its name to Meta is building key infrastructure for the Metaverse.

• Epic Games, the maker of Fortnite, owns one of the biggest Metaverse games on the planet.

• Google, Microsoft, Nvidia, Roblox and Snap are all working on building Metaverse's foundation and structure.

#4 What can I do on the Metaverse?

Ask your kids!

Our kids are already on it, playing Roblox, buying and building homes and farms. Fortnite is also another world where your kids are interacting with others globally in virtual worlds.

The Metaverse isn't just for gaming though. It also has practical business applications too, including meeting in digital rooms to discuss strategic initiatives and hosting virtual meetings.

Looking Ahead

Expect constant development of the Metaverse from a business application standpoint, particularly with the desire of today's workforce to continue to work remotely.

There you go, a quick list of what the Metaverse is, and how to use it and who the players are.