Metaverse, Is it a Rebranded Name of Facebook?

The metaverse concept has been in the news a lot recently. With both Facebook and Microsoft making claims to this concept. However, what exactly is the metaverse? When are we going to see it?

Neal Stephenson introduced the “metaverse” concept in his science fiction novel “Snow Crash.” He envisioned lifelike avatars in virtual environments.

Since then, numerous developments have been made toward a real metaverse. It is an online virtual world with augmented reality, virtual reality, holographic avatars, and video. In the future, the metaverse will provide an alternative, hyper-real world for you to coexist in.

Inklings exist in online game universes like Fortnite, Minecraft, and Roblox. In addition, the companies behind those games aim to be part of the metaverse’s development.

 

So, Exactly What the metaverse is?

Metaverse

It is an Integrated technology that combines virtual reality, augmented reality, and video. This Integrated technology allow users to “live” in a digital world. Across a wide range of activities, from concerts and conferences to virtual trips around the globe, supporters of the metaverse envision its users collaborating, playing and staying connected with friends.

Earlier this year, Matthew Ball, managing partner at venture capital firm Epyllion Industries, wrote an essay on his website declaring that we are on the brink of the next internet.

 

When are we going to see it?

According to Mark Zuckerberg, the CEO of the newly named Meta (formerly Facebook), it may be between five and ten years before the metaverse’s key features become mainstream. However, some aspects of the metaverse already exist. 

Broadband speeds faster than light, VR headsets and persistent online worlds that are always on already exist, even if not all can get their hands on them.

Metaverse Can Change The Internet.

metaverse

In 2014, Facebook acquired virtual reality company Oculus, one of the largest investments in virtual reality to date. Virtual reality headsets will allow digital avatars to work on projects, travel, and entertain each other in a virtual world. A firm believer in the metaverse, Zuckerberg believes that it could replace the internet as we know it. After unveiling the company’s rebranding last month, Meta CEO Mark Zuckerberg said that the next platform and medium would let you immerse yourself in the experience instead of just looking at it. 

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