Understand Metaverse and How to Use It

Metaverse as a term was coined by Neal Stephenson (1992) as a convergence of physical, augmented, and virtual reality in a shared online space. Although Metaverse as a concept was not invented by Mark Zuckerberg – the CEO of Meta Platforms, Inc. (formerly known as Facebook), Zuckerberg’s announcement of Metaverse project and the change of Facebook name made the whole world to start asking about Metaverse and many question aroused such as the following:

• What Is the Metaverse?
• Why Is It Matters for The Future? and
• How To Harness Metaverse’s Power?

Metaverse will change the world of not only the individuals but also businesses. Whether you own a business or you just work in someone’s company, the metaverse can make things easier such as communicating employee requirements and creating easy to learn and follow schedules. Those who need to work online and need a better work-life balance will find Virtual Reality (VR) and Augmented Reality (AR) better alternative solutions to the current virtual meeting software such as Zoom.

The metaverse has opened up new economies on different levels. More and more people are currently focusing on crypto-based economies. The metaverse is also opening up more job opportunities in popular companies such as Nike and Facebook.

Objectives

• Understand what the metaverse is
• Identify the history of the metaverse
• Identify the key aspects of the metaverse
• Understand the metaverse with real-life examples
• Understand the potential issues of using the metaverse
• Understand how to remedy the potential issues of the metaverse
• Understand how the Metaverse is changing the workplace
• List the companies that are investing in the metaverse
• List the ways of changing future by the metaverse                   
• Identify the metaverse uses in medicine
• Understand how to utilize the metaverse
• Differentiate between the Metaverse, Crypto, and NFTs