Collaborating Authors

What's the Metaverse? Here's Where the Internet Is Going


It's no secret that Big Tech wants to spice up your virtual life with the metaverse. Since last year, companies have put plans in motion to make the virtual space a reality: Microsoft bought a major game developer. Google's reportedly got plans to build AR gear. And Facebook gave the ultimate flex when it rebranded to Meta. Then there are major retailers like Nike, which is planning to sell virtual sneakers. But what exactly is the metaverse?

What is the metaverse?


It's a new word that seems to have multiple meanings, depending on whom you talk to. So it's difficult to pin down an exact definition. But in general, it describes a predicted new phase for the internet. So what will this new internet look like, how close are we to realising it, and how will this affect art and design? In this article, we'll reveal everything you need to know about the coming metaverse.

Money in the Metaverse

The New Yorker

Years ago, while on vacation in the Northwest, my husband and I rented a room in the home of a middle-aged couple, one of whom had recently retired. The house was old, beautiful, and cozily laden with objects that signalled domestic inertia. It sat on a lush, wild sprawl of farmland that immediately inspired fantasies of leaving San Francisco and our tech jobs, foraging for mushrooms, administering to septic systems, and turning over soil. One morning over breakfast, conversation shifted to our host's retirement. He was glad to have more time at home with his wife and their dog.

Everyone wants to own the metaverse including Facebook and Microsoft. But what exactly is it?

USATODAY - Tech Top Stories

The metaverse has been a hot topic of conversation recently, with Facebook and Microsoft both staking claims. But what is the metaverse? And when will it get here? Author Neal Stephenson is credited with coining the term "metaverse" in his 1992 science fiction novel "Snow Crash," in which he envisioned lifelike avatars who met in realistic 3D buildings and other virtual reality environments. Since then, various developments have made mileposts on the way toward a real metaverse, an online virtual world which incorporates augmented reality, virtual reality, 3D holographic avatars, video and other means of communication.

What is the metaverse, and do I have to care?


In recent months you may have heard about something called the metaverse. Maybe you've read that the metaverse is going to replace the internet. Maybe we're all supposed to live there. Maybe Facebook (or Epic, or Roblox, or dozens of smaller companies) is trying to take it over. And maybe it's got something to do with NFTs? Unlike a lot of things The Verge covers, the metaverse is tough to explain for one reason: it doesn't necessarily exist.