What is the Metaverse

Despite all the talk of the metaverse as the future of technology, at the moment it's vaporware.

There are many terms that are used a lot in the media, but nobody takes the trouble to explain what it is. In this post we explain what the metaverse is.

Of course, let there be a lot of talk about something it does not mean that it is important or that it will become something tangible. The technology graveyard is full of products or services that were going to eat up the market.

what is the metaverse

The word metaverse is like God, it is everywhere, it can apparently achieve anything, but no one can explain exactly what it is. The only tangible proof of its existence is that Mark Zuckerberg changed the name of his company to Meta and announced a virtual reality platform. Meanwhile, other companies appropriated the concept to market video games associated with cryptocurrencies and NFTs.

In lunfardo, the slang of the marginal sectors of Buenos Aires, verse means lie and goal to insist a lot on something. Has Zuckerberg learned something from lunfardo during his time in Argentina?

It must be taken into account that social networks have not been able to generate a long-term sustainable income generation system. Its advertising revenues were dented when Apple imposed restrictions on advertising displayed by third parties on its devices. The sale of virtual goods could well be an alternative.

The metaverse is likely to be associated more with a way of relating to the Internet than with a specific product or technology. Many envision virtual worlds that can be accessed using virtual or augmented reality technologies as well as normal devices. In those worlds you can acquire goods that could be transferred (as soon as the technological problems are solved) from one virtual world to another (Something like being able to use the weapon you won in a video game in any other). It would also be possible to exchange a digital good for a real one, such as seeing how a vase looks in your house with augmented reality and if you like to buy it.

Anyway, at the moment the only thing there is "Vaporware°. Promises of things that could be done illustrated by videos with computer-generated effects mixed with technologies that already exist, but dressed in a more salesy name.


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