The term “meta” means “beyond,” while “verse” references the universe. In other words, the metaverse propels us to a space beyond the universe, taking us to new planes of existence and new experiences in virtual reality.
The metaverse is a newly imagined augmented reality where we can meet virtually and explore realms beyond the reach of the physical. In the metaverse, we’ll be able to enjoy a completely immersive experience while collaborating and interacting with others in 3d space.
Facebook’s announcement is likely to continue to accelerate as more people become aware of its potential and sign onto metaverse projects. The best time to invest in the metaverse is right now, and the best way to invest is through NFTs and metaverse crypto.
The key to unlocking the metaverse is found in non-fungible tokens and metaverse crypto. Also called NFTs, non-fungible tokens grant property rights to digital assets. People are able to use NFTs to buy and sell virtual property and artwork, travel virtually, or attend virtual festivals and concerts. Metaverse crypto is a type of cryptocurrency that funds each metaverse platform, and
may include blockchain fees, node rewards, staking, and other standard crypto features and is ultimately used in the process of creating their own virtual world platforms.
While the metaverse is still new, it offers vast and possibly unlimited potential to transform the way we work, play and live. Its evolution has accelerated during the pandemic.