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The metaverse might be a work in progress, but a key prototype – the virtual world – has been around for several decades. Screen capture from Second Life by Tom Boellstorff

How we describe the metaverse makes a difference – today’s words could shape tomorrow’s reality and who benefits from it

Who makes money from the metaverse, and how, comes down to what it becomes. And shaping the metaverse is, to a large degree, a matter of definitions.
What will it take for the metaverse to live up to its potential? (Shutterstock)

What is the metaverse, and what can we do there?

The metaverse is being hyped as a game-changing virtual platform that will transform our digital lives. But it has some inherent challenges to overcome in order to achieve mass adoption.
In the metaverse, your avatar, the clothes it wears and the things it carries belong to you thanks to blockchain. Duncan Rawlinson - Duncan.co/Flickr

The metaverse is money and crypto is king – why you’ll be on a blockchain when you’re virtual-world hopping

For the metaverse to work, people need to own their virtual bodies and possessions and be able to spend money. The same cryptographic technology behind bitcoin will make that possible.

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