Q. With reference to Metaverse, consider the following statements:
1. It is a network of always-on virtual environments in which people can interact with one another and digital objects through virtual representations of themselves.
2. Technology industry is envisioning Metaverse as the successor to today’s internet.
Which of the statements given above is/are correct?
Both statements are correct.
It is a network of always-on virtual environments in which many people can interact with one another and digital objects through virtual representations of themselves.
The term may also refer to digital spaces which are made more lifelike by the use of virtual reality (VR) or augmented reality (AR).
There is also a specific type of metaverse which uses blockchain technology. In these, users can buy virtual land and other digital assets using cryptocurrencies.
Technology industry is envisioning Metaverse as the successor to today’s internet where people shall be able to do anything like go shopping, study, attend meetings etc.

