Metaverse is the future, and the future has arrived. At present, it is among the most sought-after tech concepts that people and organisations across the globe are going gaga over. You can understand the intensity of the subject with the fact that Facebook recently renamed itself Meta.
Other organisations are also looking forward to making the most out of the metaverse. FAANG (now MAANG) companies are already setting an example for others to follow and make the most out of the current situation.
Netflix, for instance, has entered the metaverse (metaV) with Decentraland. Amazon, on the other hand, is utilising the concept to offer augmented rooms to its eCommerce customers. Microsoft and Nvidia are developing their metaverses to facilitate online collaboration. Likewise, the world has to follow them.
Although the concept is in its infancy and there are no exact details on how it will evolve, organisations around the world need to embrace it to explore new horizons of what they could achieve. Hence, it is mandatory for businesses to develop a sound understanding of the metaV if they want to make the most out of it.
The purpose of this blog post is to answer the billion-dollar question, what is the metaverse? We’ll also discuss how it is transforming online businesses and how your business can benefit from it.