The metaverse will pave the way for a virtual economy and that’s why we should all be looking into what the opportunities in the metaverse might be.
When will the metaverse become our reality?
Mark Zuckerberg, the CEO of the newly named Meta (formerly Facebook), estimates it could take five to 10 years before the key features of the metaverse become mainstream. But aspects of the metaverse currently exist in online game universes such as Fortnite, Roblox and Minecraft. And the companies behind those games have big ambitions to be part of the next big thing — the evolution of the metaverse.
The up rise interest in the metaverse is seen as an outcome of the global crises the world is facing, as more people began working and going to school remotely, which created an increased demand for alternatives to make online interaction more metaverse like.
But is a large-scale metaverse really possible in the future? Well, the digitally progressive and tech giants are taking steps towards this universe. Tech giants are going all-in on this and the massive investments being pumped into the concept is a strong signal that the metaverse may soon become our reality.
However, Computers and mobile phones will have to become a lot stronger and internet data will have to become a lot faster before we can fully experience the Metaverse
The internet has become an indispensable part of our lives, so why not the metaverse!
Well, the metaverse will not eliminate the internet but simply build on it. And yes, all the physical cables will still be needed, so don’t go cutting off any cables just yet!