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May 20, 22  |  ibrahim imran

What & How to Find Metaverse: Everything That You Need to Know

You may live on this earth, but there will be others to occupy it soon enough (no, we're not talking about Mars, sorry Elon). Enter the metaverse, the year's hottest topic. The word crept into our lives somewhere this year, sometime between the third and whatever pandemic wave we're currently in - and it won't leave. The typical suspects Facebook/Meta, Microsoft, and the entire Silicon Valley set are lining up for a piece of the action, but smaller businesses are also getting in on the act. 

Wondering how to find Metaverse? What does this have to do with blockchain, NFTs, or living in the internet 24 hours a day, 7 days a week? Let's get started because there's a lot to unpack.

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What Exactly is a Metaverse?

To begin with, it is difficult to define the metaverse. It's puzzling because we're discussing something that doesn't yet exist. Simply put, a metaverse is a shared virtual universe that employs augmented reality (AR) and virtual reality (VR) technology to produce a hyper realistic, immersive, and interactive experience.

There may be several virtual worlds within a metaverse where people can participate in a variety of physical and digital activities. You'll be able to fully immerse yourself in all of your online activities, such as shopping, visiting friends and family, attending a concert, and even completing official paperwork, rather than looking at a screen as you do now.

The metaverse has several major advantages over what you're currently getting for your screen time (have you been doing a lot of that lately? we're guilty of it, too), so it all comes down to combining your daily activities into a highly interactive platform that allows you to get more done in one place.

This concept has been around since Neal Stephenson created the word "metaverse" in his dystopian novel "Snow Crash" in 1992. Many of us have seen meta references in pop culture, such as in The Matrix, Ready Player One, or Tron, so the fundamentals of the concept aren't so foreign.

In the spirit of going over the fundamentals, here's a rundown of some of the characteristics that define a metaverse:

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Boundless

What does this mean? Well, the metaverse removes the aspects of all physical and virtual barriers. It's an infinite space with no restrictions on how many people can utilise it at once, what kinds of activities can be done there, what industries can operate there, and so on. It provides greater access than current internet platforms.

A metaverse cannot be disconnected, rebooted, or reset. Users can enter the metaverse at any time and from anywhere in the world, and their experience will always be consistent.

Decentralized

Blockchain technology is a significant element of this (more on that later), because it assures that all transactions in a virtual environment are public, trackable, and secure at all times.

Immersive

Participants in the Metaverse can participate in decentralized virtual economies fueled by cryptocurrencies (such as Sensorium Galaxy's own SENSO). This includes digital asset marketplaces where users may buy, sell, and trade items like as avatars, virtual apparel, NFTs, and event tickets.

Social Experiences

The users are the beating heart of the metaverse. Every member of a virtual world engages in co-experiences and helps co-create the metaverse's future through user-generated content such as virtual creations, personal tales, and interactions with AI-driven avatars.

>>> Metaverse: How Can It Benefit Enterprises?