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The new world of metaverse and ownership via NFTs
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economictimes.indiatimes.comNo, we haven’t discovered aliens, but may have found another world within ours. The only catch: It is virtual and goes by the name of “metaverse”. A term first coined in 1992 in a sci-fiction novel by Neal Stephenson, the metaverse is a combination of two words — meta meaning beyond and stem meaning universe. The term is basically an idea of a virtual reality where users can buy land, building, create their own avatars and build their virtual universe. Within the metaverse, people can roam around, meet their friends, visit buildings, attend events and even buy goods and services using cryptocurrency. People within the metaverse would be connected all the time without having to worry about physical distances or borders.
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