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Metaverse Is The 5G Killer App!

Metaverse Is The 5G Killer App!

The metaverse—once science fiction—is now a booming virtual economy. Fueled by 5G, blockchain, and NFTs, it’s redefining business, real estate, and social interaction, with South Korea emerging as a leading innovator.

February 9, 2022 13 min read Communication Services
Metaverse Is The 5G Killer App!

Metaverse is a real thing. The Metaverse is a term used to describe a virtual space within digital environments such as online games, social media, and virtual reality. It is a combination of the prefix "meta", meaning beyond, and stem "universe". coined by Neal Stephenson, the metaverse is, in fact, the stuff of science-fiction. He talked about it in detail in his 1992 novel "Snow Crash", in which people don virtual reality headsets to interact inside a game-like digital world. The book has long enjoyed cult status among silicon valley entrepreneurs.

Recently, Metaverse has become one of the tech sector's hottest buzzwords, with companies pouring millions of dollars into its development.

Metaverse is a vision of the future that may sound fantastical, but which tech titans like Facebook founder Mark Zuckerberg are betting on as the next great leap in the evolution of the internet.

It refers to shared virtual worlds where land, buildings, avatars, and even names can be bought and sold, often using cryptocurrency.

In these environments, people can wander around with friends, visit buildings, buy goods and services, and attend events. With the help of augmented reality glasses, it might allow you to see information whizz before…

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