What Is Metaverse?


The Metaverse is a post-reality universe that combines physical reality and digital virtual worlds in a continual and persistent multiuser environment.

The Metaverse is built on the convergence of augmented reality (AR) and virtual reality (VR) technologies, which enable multimodal interactions with digital items, virtual environments and people. As a result, the Metaverse is a web of networked immersive experiences and social in multiuser persistent platforms.

Furthermore, cryptocurrencies and nonfungible tokens (NFTs) are conceivable because of technologies like blockchain, which allow for the ownership of virtual items and real estate in metaverses like Decentraland.

Microsoft and Meta are among the companies developing technology for interfacing with virtual worlds, but they aren't the only ones. So many other significant corporations are constructing the infrastructure needed to create better virtual, more realistic worlds.


How does the Metaverse work?


Jon Radoff (an entrepreneur, novelist and game designer) proposed a seven-tiered conceptual framework to define the Metaverse market's value chain.

As per the framework, seven layers make up the Metaverse, including experience, discovery, creator economy, spatial computing, decentralization, human interface and infrastructure.


Seven Layers of Metaverse