Why should anyone care about the metaverse? Expert Matthew Ball explains what it is, what it isn’t, and why it matters.
By the end of the decade, the Metaverse could be worth between $6 trillion and $13 trillion. But what is it? The Metaverse is not simply immersive virtual reality or a really cool video game. It’s a combination of technologies that allows an unlimited number of users to experience real-time rendered, 3D virtual worlds synchronously and persistently.
It is difficult to predict how the Metaverse will evolve, just as it was nearly impossible to predict the emergence of Facebook during the era of Windows 95. The Metaverse will not replace the internet, but will build upon and extend it.