Published in the New York Law Journal
By Ioana Good
The metaverse has become a hot topic. Companies like Facebook, Microsoft, and Google are spending massive amounts of time and money developing tools and platforms that will create new digital worlds. But what exactly is the metaverse? How is it going to change our lives? What kinds of things can we be doing now to prepare for it? Read on…
What is the Metaverse
Simply put, the metaverse is a digital space where we will interact with other people and attend virtual events. We are represented in this space by a digital version of ourselves; an avatar is the most common. It’s been said that the metaverse is the next generation of the internet, where our physical world meshes with the digital one to create a place where we can work and play much as we do in “real life.” Many describe it as Web 3.0.