In general, it refers to shared virtual world environments that can be accessed through the Internet. There is also a specific type of metaverse that uses blockchain technology. In these, users can buy virtual land and other digital assets using cryptocurrencies, 13 hours ago While many representations of the metaverse are very much geared towards gaming and entertainment, tech experts suggest that the concept of the metaverse should include much more than that. Heyning, 45, has teamed up with some volunteers to form the Open Metaverse Interoperability Group, which aims to establish technology standards for "linking virtual worlds, in the hope that metaverse players will adopt them".
Many blockchain-based metaverse platforms continue to develop augmented reality (AR) and virtual reality (VR) technology that allows users to fully interact in the space. Currently, there is no clear definition of the metaverse, although developers agree that several attributes are necessary. NVIDIA, a company whose investment in the metaverse has led some to predict that it will one day surpass Apple, is just one of many companies striving to carve out a niche in the metaverse rush. Roblox, a platform where independent developers create games popular with children, may be the closest and broadest vision of the metaverse.