Fears and Misconceptions of the Emerging Metaverse
February 17, 2022 L.C.S
The Metaverse is the future where there will be a hyper-expansive virtual world that
connects all other virtual sub-worlds. It is the next phase of the Internet as we know it. The
Metaverse is eliminating the web of pages to the web of coordinates. The Metaverse is changing
the web of information to the web of activities. This is the future where people will each other as
avatars, and get to do everything networking to providing services to creating collaborations to
gaming to relaxing to shopping and even consuming. The virtual economy is ultimately the
next phase, as we won’t be going on the internet, but we will be within the spatial internet.
The Metaverse is garnering a lot of bad information, however, as there are whirlwinds of
reports coming about because people don’t completely understand what the Metaverse is about.
Maybe it’s hard to grasp that the Metaverse is another universe, rather than just a game. The
Metaverse is going to be a platform where each sub-metaverse has its own economy. Each sub-
branch will have its own local culture. You will be able to invest in real estate in one world,
which will also be a direct reflection of your goals.
One of the biggest misconceptions going around is how the Metaverse is going to be
used. If you have been keeping your eyes on the news, some stories are telling a story of how the
Metaverse mainly lives in a world of gamers. This is not true. It’s not here to replace the real
world. There is no doubt that the e-commerce business is gradually replacing physical shops.
However, none of this is anything new. And there are plenty of companies making strides to
build into their Metaverse. NVIDIA has its version of the Metaverse called Omniverse. Huawei,
Tencent, Baidu, etc. are also making inroads into the Metaverse, diving into different domains.
There are different roles for brands within the Metaverse. Each brand has its platform as one size
does not fit all.