What is Metaverse used for?

The metaverse is a digital world where real people use 3D avatars to represent themselves, connect with other people in the form of their 3D avatars, share digital spaces, own and transact digital properties, and collaborate with one another, from anywhere in the world, via gadgets and devices.

Future meetings could move to the metaverse

Bill Gates has said that most virtual meetings will likely move to the metaverse in 3 years, and workers will interact using VR headsets and avatars.

Barbados to establish the world’s first Metaverse embassy

This tiny country in the Caribbean called Barbados is all set to become the first sovereign country in building an embassy in the metaverse. It has signed an agreement on November 14 with Decentraland to establish its metaverse embassy.

Gucci to Announce Its New “Metaverse Design” Category

Roblox to come up with a new category called “Metaverse Design” in association with Gucci. The gamers can buy exclusive outfits on Roblox. Recently, a digital Gucci bag sold for US$4,000 on gaming platform Roblox indicating that virtual fashion could well become a million-dollar industry!

Games move to the Metaverse

A metaverse game is one that allows millions of players to interact with one another within a single virtual world. Roblox, Fortnite, Acknoledger, Crucible Network, Ex-Populous, Netvrk, Meta Spatial, Sandbox, etc are some of the metaverse games that are currently available.