When Facebook changed its name to Meta, millions of people began to wonder: “What is the metaverse?”

Simply put, it is a virtual space where people can collaborate with each other and interact with places and things. It began to gain popularity amid waves of COVID-19, filling a need as the pandemic raged. Today, it looks like the metaverse is poised to become business as usual.

It is expected to grow to USD 426.9 billion by…