The Metaverse - What is it, what can it be, and why does it matter to me?

The next evolution of the internet

“The metaverse is not yet a reality, but it could be the next evolution of the internet. (…) The idea of the metaverse may sound promising, which is why many of the world’s leading technology companies are investing in its development. If it can come to fruition, it is conceivable that it will transform consumer and enterprise behavior.”

World Economic Forum
October 29, 2021

Successor to the mobile internet

“[The metaverse] is the next evolution in social technologies and the successor to the mobile internet. Technology allowed us to write, then talk and now see each other. The metaverse will be the next step—letting us feel like we are sharing a space together”

Announcement from META
February 2022 (facebook.com)

A shared vision for the future

“[The metaverse] is first and foremost a contact language for Tech, Finance & Culture to converge and collaborate around a shared vision for the future. Both the future we do and don’t want.”

Jamie Burke, CEO
Outlier Ventures

Immersive and persistent

“Metaverse services are likely to feature three key characteristics that differentiate them from two-dimensional (2D) online applications: (1) an immersive, three-dimensional (3D) user experience; (2) real-time, persistent network access; and (3) interoperability across networked platforms.” The Metaverse: Concepts and Issues for Congress.

Congressional Research Service
August 26, 2022

World Economic Forum
October 29, 2021

Announcement from META
February 2022 (facebook.com)

Jamie Burke, CEO
Outlier Ventures

Congressional Research Service
August 26, 2022