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Metaverse Explainer, Metaverse News: Metaverse - Internet's New Frontier Explained In 10 Points
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ndtv.comMetaverse is set to become a major contributor to the world economy.
There is no single definition of metaverse, which is a combination of two words – ‘meta' which means beyond in Greek, and universe. So, one can loosely translate 'metaverse' to 'beyond universe'.
According to Dinis Guarda, founder of LynKey, a blockchain-powered prop-tech platform, the metaverse space is a combination of multiple elements, where users can "live" within a digital universe and interact with other users. Some of the elements involved in metaverse include blockchain technology, virtual reality, augmented reality and game theory.
Blockchain technology, which allows for trustless transactions and undebatable ownership of assets, is being seen as a major
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