New Reality

from the ashes of the Covid pandemic, will spring forth the "new reality".

- Caffeinated Cyber Giant

- What Is the Metaverse? A New Reality Explained

The metaverse necessitates the evolution of new technologies for its execution. For example, you need a “Digital me” or the digital twin of a person to simulate real-world presence.

- Over the last 30 years, the industry has laid the foundations for a non-fictional metaverse brick by brick. Virtual reality headsets have become more ergonomic and affordable. Global internet penetration has steadily risen. The popularity of online gaming, often reaching tournament levels, has made it possible to envision and execute sophisticated digital avatars, tradable digital assets, and even digital real estate.

- Decentraland is backed by $25.5 million in funding and provides users with a VR environment builder, customisable avatars, a crypto-enabled marketplace, digital wallets, and a governance system. Facebook is looking to build a similar experience, but one that intersects with pre-existing, non-AR/VR social media. It announced its pivot into AR/VR in September 2021, along with launching its own take on the metaverse.

Credit to: Anwesha Roy