3 Must-Know Facts About The Metaverse
The metaverse is officially here, yet many people still don’t know exactly what the online VR platform is. Is it just another social media site, but with added features? Or is it something completely different, like an online world where people can just exist without any real worries?
The metaverse is somewhat of an enigma and not many experts in the IT world will even be able to give a succinct and accurate description of what the metaverse actually is. However, the technology being implemented and the ideas behind Zuckerberg’s latest online invention are very exciting.
The rise of other technical aspects like cryptocurrency and artificial intelligence expands the possibilities of the metaverse beyond belief. Here are a few interesting facts about the metaverse that you should know.
- The Term “Metaverse”
Although the first time that you probably heard about the metaverse was in the past 2 years or so., the term has actually been around for quite some time and had quite an interesting meaning attached to it. The term “metaverse” was first used back in 1982 when Neil Stevenson included it in his popular sci-fi novel The Big U.
The use of term was used in the book to describe a virtual world where his characters could go and adopt personalities that they never had in real life. Sounds awfully similar to the Metaverse that is being used today, right? This is undoubtedly where the inspiration for this newest technological feature came from.
- The Metaverse Has Already Hosted Virtual Concerts
One of the coolest things about a virtual world where everyone is connected is the ability to attend events that don’t take place in any specific place. Think about something like a webinar. It is an online conference where many people can come together to discuss ideas and give presentations without having to all be in the same physical place.
This is exactly what hosting a concert in the Metaverse is like, and in fact, it has happened on a few occasions already. The biggest-ever virtual concert to have taken place on a Metaverse-like platform (Fortnite) was the Travis Scott concert back in 2020. Over 27 million people attended the performance, making it the most-attended musical event of all time. Now, think of the potential for other entertainment sectors, like casinos such as Grand Rush and how they could reach an entirely new audience in exciting ways. It’s clear that the metaverse has huge entertainment potential.
- Facebook Invested $10 billion into Metaverse
This is the fact that really brought the Metaverse into the mainstream. Many people mistakenly believe that Mark Zuckerberg, the inventor of Facebook, was the one who had the idea for the Metaverse.
This is incorrect as Facebook actually invested a massive amount of money into the Metaverse company as they truly saw and believed in the potential that the virtual online world has in store. Facebook was the first ever real social media platform that exploded into mainstream popularity and so it just seems right that it be the company to be pioneering the next generation of online connectivity.
