Introduction to Meta:
Metaverse is the newest buzzword in the market. The Metaverse has been a popular trend since late October 2021 when Facebook changed its name to Meta. It is now the next best thing to the internet. Neil Stephenson, in his 1992 book Snow Crash, coined the term Metaverse. The CryptoPunk sci-fi pop cultural includes Snow Crash. In 1992, Neal Stephenson created a world in which people could live in virtual reality. They can have all the social interactions in Metaverse. Stephenson saw Metaverse as the future successor to the internet. Metaverse is a term that means “beyond the universe”. It is like a second universe.
Facebook’s Metaverse, a virtual world, has many functionalities. A user can invite their friends to a party, launch new currencies in a different world, and even start new businesses. The Metaverse promises people a second existence where they can interact, shop, party, build a house, and meet new people. Wikipedia defines a Metaverse as “a hypothesized internet-supported persistent online 3D virtual”. The Metaverse will allow the user to control his/her digital identity as well as assets.
Metaverse is cyberspace, where reality meets imagination. Although the characters will be real people, their world is completely fictional. The virtual world will contain virtual elements that mirror real life. This new concept of virtual realms is being developed by several tech giants like Apple, Google, Microsoft, Disney, and Microsoft. Facebook wants to be the leader in this technology. The governments are also showing their support for the Metaverse. The South Korean government announced in 2021 that it would create a national metaverse alliance to bring together different virtual worlds under one roof. Barbados plans to establish a Metaverse embassy. They teamed up with the crypto-backed virtual universe to establish a digital diplomatic mission. The United States saw Santa Monica partner with the metaverse company in order to launch a digital Santa Monica. The digital version allows players to collect items hidden in various locations throughout the city and win rewards. Metaverse is not just an experiment for tech geeks, but a natural alternative to reality.
Understanding the concept of Metaverse
Metaverse is a virtual place that combines different digital technologies like virtual reality, social networks, and video conferencing. The 4D version of the internet is Facebook’s Metaverse. It requires a critical mass to connect technologies. These technologies include virtual reality, artificial intelligence (AI), augment reality (AR), blockchain technologies and brain-computer interfaces. Virtual reality (VR), simulates real-life situations. VR headsets, VR gloves, and full-body haptic suits are the key devices in this VR technology. AI is used to create metaverse assets, such as characters, buildings, and routines. AR allows users to enhance their physical worlds with computer-generated input. AR glasses and AR contact lenses could be used to augment and facilitate virtual assistance using sophisticated AI. Blockchain technology is a great currency to facilitate quick and secure digital transactions in an open-source metaverse. Blockchain is a distributed, immutable, shared ledger that keeps track of all transactions. It is constantly growing and updated. Brain-Computer interfaces allow for the control of avatars, objects, and digital transactions using brain signals. Neuralink, NextMind and Neurable are all working on brain-cognition technology.