Before we start looking at the competition in and around the metaverse, we need to understand what the “metaverse” is.

The metaverse today and in the future

So what exactly is the “metaverse”? The metaverse is a digital and virtual reality. It is not a specific place or a website, but a concept of “4D-Internet”. Within the metaverse, we will experience the Internet with almost all of our senses. The hardware devices for traveling to the metaverse are virtual reality (VR) headsets. Through the VR headset, users can meet friends, play sports, play games or have business meetings as avatars (virtual people). The metaverse is the internet connection as we know it today and the emerging technology of virtual reality.

As of this date, the metaverse is far from being a (virtual) reality…