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Competing notions of the metaverse point to different futures

Conflating Web 3 with virtual reality and the metaverse will hold back development

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Published Wed, Apr 27, 2022 · 02:52 PM
    • VR will not define the future of the metaverse.
    • VR will not define the future of the metaverse. Pixabay

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Lewis McLellan

    The metaverse is expected to serve a US$13 trillion market by 2030 according to a report by Citi but what actually is it?

    At present, the metaverse is a fairly nebulous concept — will it be a decentralised, open Internet, or will it be a new generation of online experiences controlled by the same tech titans as Web 2.0?

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

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