What is a Metaverse?
Beginner Lesson | 1 min
Information

The Metaverse is loosely defined as an extensive online world where people interact via digital avatars. Companies like Meta Platform Inc. (formally known as Facebook Inc.) have touted plans to develop Metaverse experiences, services and hardware. (Think of the movie Ready Player One!) Non-fungible tokens are digital assets with programmed scarcity, and as such are an ideal tool to represent ownership of virtual assets like in-metaverse items or plots of virtual land.