What is ‘Metaverse’?

“Metaverse” is a compound word of “Meta-” and “Universe”, meaning ‘transcendent universe’ or ‘virtual universe’. It refers to a 3D Internet environment where people can interact and engage in various activities in a virtual world. Metaverse is designed to expand the current Internet experience and allow users to communicate, trade, play, and learn in virtual space through avatars.

Key Features

1. Interactivity: Users can interact with other users, objects, and information in the virtual world through avatars.
2. Permanence: Actions and interactions within the Metaverse can have permanent consequences. For example, you can buy something or own real estate.
3. Economic activities: Real economic activities are possible even within the virtual world, and this is mainly done using cryptocurrency or NFT (Non-Fungible Token).
4. Diverse content: A variety of content and activities are available, including education, entertainment, games, and social networking.

Application field.

1. Social Networking: People can meet and chat or share activities virtually.
2. Entertainment: A variety of entertainment activities are available, including music festivals, movies, and games.
3. Education and training: Education and training can take place in real time in a virtual environment.
4. Business: Real-world business activities can take place in a virtual commercial district or office space.
5. Art and Creations: Trade artwork through NFTs, or users can create and share their own creations.