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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
Published Wed, Apr 27, 2022 · 02:52 PM
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?
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