What is the Metaverse? Here is the TLDR

What is the Metaverse? Here is the TLDR

There has been a lot of focus on the “Metaverse” ever since Facebook changed its name to “Meta” in an attempt to solidify itself as a first mover in what is shaping up to be the next big thing on the internet. But what exactly is the metaverse and how do you participate?

Aside from hype, Meta is nowhere near the only company working to build immersive games and virtual experiences online. From collectibles to virtual real estate and everything in between, there is way more to the metaverse than meets the eye.

For those who don’t have a clue, popular crypto YouTuber Chico Crypto lays down an excellent TL;DR of the Metaverse and what it could mean for the future of social interaction.

The Metaverse…it’s becoming a parallel universe where people can escape the harsh reality that this physical world is becoming. Unlike the past escapes, video games on a 2d screen… the metaverse can be 3d through virtual reality… but the biggest change is the ownership of the assets that inhabit this new realm.

Yes…People have a chance for true ownership of this new world they call the Metaverse. From owning digital land, avatar characters, to names, cars, and even clothing.

Did you miss your chance in the physical world to become a tycoon? Well there is a 2nd, 3rd and even a 4th, 5th and 6th chance in the metaverse…And this Metaverse is coming faster than anyone can imagine. People are being forced to stay home, interacting online at a pace never before seen.

Eventually a majority of social interactions will take place here, a majority of work will be done here, sports will be played here, and of course people will trade here…

Sooo who are the top players in the Metaverse? Which projects are going to come out as the shining of stars of the metaverse?? Well no one knows who will be the winners for sure, but you can take an educated guess.

So what is educated guess #1 from Chico Crypto? Check out the full video for more insight into the metaverse and see which 5 projects he thinks could have the potential to be leaders in this space.