By 2026, 25% of people will spend at least an hour a day in the metaverse. 32% of market growth in the metaverse comes from North America. 67% of metaverse users see it as an extension of reality. Of those who have visited a metaverse, 67% own virtual items, 54% own virtual currency, and 44% own land. 36% of consumers believe the metaverse is the future of technology. Does Meta own the metaverse? Since Facebook changed its name to Meta and has a thriving virtual reality platform, you might think the company owns "the metaverse." In reality – and in virtual reality – Meta has one of many metaverses. While Meta's VR universe is called Meta Horizon Worlds and is accessible through the company's Meta VR headsets (formally titled Oculus), there are several other metaverses that early adopters have been using for years.
What happens in the metaverse? To explain what happens in the metaverse, we'll delve into some types of metaverses and explain what you or your brand can do in each. But, before we dive in, here are some definitions you'll Ukraine Phone Number List want to remember (and links to more context, courtesy of HubSpot Blogs and our partners The Hustle): Metaverse terms to know NFT : The much-talked-about unique digital token, such as digital art, avatar clothing, or VR-based objects, that you can purchase ownership of or participate in. Deep in its blockchain coding, there is a certificate that attests that you own or have ownership of the item.
(And yes. There's a lot more complexity here than a quick definition can explain.) NFT Real-Estate: A non-fungible digital house or piece of land in the metaverse that can be invested in, sold, or even rented. Buyers receive a deed or digital certificate certifying ownership of the property. Blockchain : A digital ledger of transactions, certificates and contracts. Cryptocurrency : Digital money that you can invest in, sell, or use to purchase products online or in a metaverse. Each type of digital currency has different values. Popular examples include Bitcoin, Ether, and Dogecoin. Each has its own individual value, so you will need to look at what the current price of Bitcoin, Ether, and Dogecoin is . Open source: