The Metaverse Economy
The Metaverse is a virtual universe where you can do anything, be anyone, or go anywhere. You can inhabit new "earths" that are not bound by physics laws.
The Metaverse initiates two major disruptions in:
- The physical world
- The internet
The economic implications of this combination could give huge opportunities that could drive growth in the real world.
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History Of The Metaverse
In the 1992 sci-fi classic, Snow Crash, author Neil Stephenson describes a virtual-reality-based successor to the internet. The 2011 novel Ready Player One popularised the concept where you can do anything, be anyone, and go anywhere regardless of real-life circumstances.
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One of the applications of IoT on the Metaverse is to collect and provide data from the physical world. If we can add metaverses to the present Internet of things (IoT), our economy’s acceleration will be on a whole new level. IoT may connect the 3D environment to a vast number of real-w...
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