“Human Dividend”: Simplifying the Complex World of Metaverse

The term Metaverse is a portmanteau of “Meta”, which means ‘beyond the physical’ in Greek, and that later part is taken from the word “Universe.” Metaverse gets its name from the 1992 sci-fi novel “Snow Crash” by an American writer, Neil Stephenson. Technically speaking, MetaVerse is more of a vision than a concrete reality. The metaverse is a virtual world in which reality is projected. Users may create, publish, and sell digital content in this virtual realm. It is a representation of the truth at a remote location that you can access digitally or electronically.

As mentioned before, in the metaverse the focus is on plurality, it's no surprise that there will be several metaverse worlds. Within a metaverse, there may be multiple virtual worlds where it is possible to participate in activities that are a blend of physical and digital. Instead of looking at a screen, it will allow one to immerse oneself in activities, such as shopping, visiting friends and family, attending a performance, etc.

To name a few there are platforms like the Sandbox, Mirandus, and Decentraland on which people will be able to interact in different ways. Sandbox and Decentraland are metaverses that allow users to buy virtual land and make a world of their own on this land. Mirandus is powered by blockchain technology and is a fantasy world that allows users to create their own content.

Massively Multiplayer Online Role-Playing Games or MMORPGs are interactive games that form the foundation of the metaverse. In shared spaces, millions of users are connected by playing games, visiting virtual businesses, and even attending concerts.