The metaverse uses virtual reality and augmented reality to virtually transport you to a different place, or world.
Accessing the metaverse is as simple as putting on a virtual reality headset and holding a set of controllers.
While its biggest use at present is gaming, the metaverse will increasingly be used for shopping, education, job training, doctor’s appointments and socializing.
There are a number of ways to make money in the metaverse, including buying and selling virtual real estate, trading cryptocurrency and NFTs, and selling goods/products, both real-world and virtual.
Experts predict interactions in the metaverse will become commonplace in the next five to ten years.
I – Word Understanding
Metaverse – a digital reality that combines aspects of social media, online gaming,
augmented reality (AR), virtual reality (VR), and cryptocurrencies to allow users to interact virtually.
NFT – (Non-fungible token) unique cryptographic (protected using codes) token that exist on a blockchain and cannot be replicated
II – Have Your Say
1, What do you know and how do you feel about METAVERSE?
2, When fully functional and available to everyone, which activities would you like to do in the metaverse?
a, Gaming
b, Shopping
c, Education
d, Job / job training
e, Doctor’s appointment
f, f, Socializing
g, Travel
h, Entertainment
3, There are a number of ways to make money in the metaverse.
Which would take a chance and why?
a, Buy and sell of virtual land/real estate
b, Trading crypto
c, Trading NFT’s
d, Selling real-world goods virtually
e, Hosting events
f, Selling virtual items