Dec, 2021 - Post
Metaverse is the most enquired word after Facebook renamed itself to “Meta” to align to their metaversal vision. However, the term “metaverse” was coined 3 decade ago by Neal Stephenson, in his 1992 science-fiction novel “Snow Crash,” which envisions a virtual reality-based successor to the internet. In the novel, people use digital avatars of themselves to explore the online world, often as a way of escaping a dystopian reality.
Today, Metaverse is being considered as a $800 billion path with double digit growth in next 5 years, where industry is trying to get most out of it by co-creating with communities, and focusing on it’s cost-effective universal acceptance.