What is the metaverse and who will build it?

The virtual world is increasingly encroaching on the real world, through fully immersive virtual reality (VR) headsets for gaming and a growing number of commercial use cases, augmented reality (AR) devices that overlay digital information on the real world and mixed reality (MR), where you can interact with digital objects within their real-world environment.

These technologies and their developing successors, known collectively as extended reality (XR), are merging together, along with other building blocks such as blockchain, cryptocurrencies and NFTs, artificial intelligence, 3D design, holography, IoT, 5G and 6G, Internet computing, etc. cloud and edge. – in the concept of ‘metaverse’, which can be thought of as the totality of the resulting…