• Metaverse explained: the future of the internet.

  • Mar 5 2022
  • Length: 11 mins
  • Podcast

Metaverse explained: the future of the internet.

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  • You might not believe this but this word isn't yet in most of the dictionaries we use.

    How do you define a word that isn't even in the dictionary? We are talking about the word Metaverse.

    What exactly is the Metaverse? Well, there is no single answer, it basically depends on who you ask.

    For someone, the Metaverse is the convergence of the digital and the physical, for others it represents a desire to go into a new world that's like the real world in every way, but somewhat better.

    We agree on one thing: the Metaverse is a powerful mix of different immersive experiences that humans can breathe on a multilevel space.

    Let’s be honest, many of us were amazed at the news that Zuckerberg announced at the end of 2021: Facebook has started transitioning to a Metaverse company.

    Right, but what exactly is the Metaverse Facebook is referring to?

    According to him, “It's a virtual environment. We can be present with people in digital spaces, and you can kind of think about this as an embodied internet that you're inside of, rather than just looking at.”

    Defining a new term and this new scenario ahead is not easy to explain, but let’s try this way.

    In Web 1.0, we had the Internet, which connected us to information at unprecedented speeds and scale.

    Web 2.0 connected people through the Internet, which gave us the social media platforms we all know.

    Web 3.0 is about connecting people, places and things. Sometimes these people, places and things can be fully virtual or synthetic, while at other times they can be in the physical world with a level of augmentation.

    The term was coined by Sci-Fi writer Neil Stephenson in his 1992 novel Snow Crash, the Metaverse as an escape from reality. But does it have to be an escape, or can it be more than that?

    The Metaverse represents this desire to go into a new world that's like the real world in every way, but better, where we're powerful or free or whatever else.

    But to get there we need technologies that make it possible to empower this vision, whether that's the computing that is required or the blockchain to provide an economic backbone and give us the ability to buy and sell and trade.

    But let's talk about the underlying technology for a moment, because even though it's not the same thing as the Metaverse, it's important to understand how we get there.

    When most people think of the Metaverse, they think of virtual reality.

    Headsets like those produced by Oculus have become less heavy and cheaper over the years.

    VR is an entry point in one of the enabling technologies, but it's not the only one.

    Things like VR, AR, 5G are getting faster. Computing power is getting faster.

    But the pandemic has poured gasoline on anything and everything digital. And what we saw through this is that people were not only just spending more time online, but spending time in these new worlds that were also emerging at this point in time.

    While it's important to understand the hardware, as I mentioned before, the hardware isn't the whole story. It's the vehicle that gets us there.

    But where exactly is there?

    We're living in unprecedented times and we are somewhat pioneers, leading the way for the birth of future developments that will become ordinary life for our growing children.

    This is the future of the internet.

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