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After a whirlwind of hype around cryptocurrency and then around NFTs, is the metaverse the next big thing on the block… chain? See what we did there?
Yes, it sure seems like the metaverse is the new kid on the blockchain: encapsulating all the previous elements and presenting the digital world of our dreams.
But with all of this development taking place at the speed of lightning, how can we be so sure that we're not in the metaverse, right now? What if we’re already our own avatars?
Okay, hold on, before we spiral into existential crisis mode, let’s take a few deep breaths in and out. We’re not in the metaverse yet, this is not the Matrix - but we might well soon be. Soo.. saddle UP!
The metaverse relies on the basic premise of creating a realm that is comparable to the internet but more physical, allowing people to interact with the world through digital avatars.
In addition, unlike the internet we use today or Web 2.0, users in the metaverse may see changes in the environment in real time. When a user moves in the metaverse, the movement is visible to everyone.
The metaverse enables you to meet your colleagues from all over the world at a virtual meeting table, take a break for lunch and go on an art excursion, and then meet up again with pals for supper after your work’s done – all in a virtual world. The differences of geography, of physical ability of movement or of just wanting to avoid the time or environmental impacts of travel can all be ironed out in a metaverse world.
And while comparing it with Web 2.0, in that world users can only move about within the constraints of existing online platforms, and
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