You may hear big tech CEOs talking about the metaverse but what exactly is it? In short, it’s a virtual world where you can interact with others from the comfort of your own home.
Facebook recently rebranded and changed their name to “Meta,” focusing more on the metaverse. With the rebranding, the company is building a virtual reality (VR) platform. Along with the hype, the metaverse is bringing new financial gains to companies like Facebook.
Defining the metaverse is a difficult task as it is relatively new, and people are still getting the hang of it. The metaverse includes both augmented reality and virtual reality. Think about a virtual world that exists wherever you go. It’s similar to video games where you can exist as a character in a virtual setting and interact with others who have also built a character.
Some companies have taken the opportunity to buy, sell, and trade goods in the metaverse for economic gain.
With the metaverse, there are some new aspects that needed to be perfected like the ability to host hundreds of people in a single instance of a server or motion-tracking tools that can distinguish where a person is looking or where their hands are. These new technologies can be very exciting and feel futuristic. But they will take some time to figure out.
