What is the “metaverse” and why Mark Zuckerberg wants Facebook to invest in it
New Delhi | Jagran Technology Office: Facebook is one of the most popular social media used by people across the world to connect with each other and share their opinions, photos and videos about their lives. However, the founder of the social media giant, Mark Zuckerberg, doesn’t want his customers to just log into Facebook, but wants them to live and work indoors. This has been called a “metaverse” by Zuckerberg.
“In the years to come, I expect people to move on from seeing us primarily as a social media company to a metaverse company. In many ways, the metaverse is the ultimate expression of social technology.” , he said in July. “What I think is most interesting is how these themes will come together into a larger idea. Our overarching goal through all of these initiatives is to help bring the metaverse to life.”
What exactly is a âmetaverseâ?
Currently, the web is based on texts, images, sounds and videos. However, the metaverse will be based on â3D virtual spaces connecting in a perceived virtual universeâ. This means that people could interact with each other in more real ways on the web.
The term was first coined in 1992 by science fiction writer Neal Stephenson. According to experts, the word “metaverse” is derived from “meta” and “worms” which means “beyond the universe”. This term is commonly used to describe the concept of the future iteration of the Internet.
Metaverse, a virtual world
Simply put, a metaverse is a virtual world where people can buy land, property using cryptocurrencies. They can even hang out with their friends and virtual reality. However, the future of the Metaverse is not yet clear, and experts doubt whether or not it will be able to completely mimic the real world or not.
Experts believe the concept of the metaverse is encouraging and would create new opportunities in the market. âThe idea of ââa metaverse, by moving our lives even further onto a universal platform, extends this problem to a deeper level. It offers us unlimited possibility of overcoming the constraints of the physical world; yet, in doing so, just overrides them with constraints imposed by what the metaverse will allow, âNick Kelly, senior lecturer in interaction design, Queensland University of Technology, said in a blog post.