Web3’s Role in The Metaverse

“No one knows what it means, but it’s provocative. It gets the people going.” - Chazz Michael Michaels

Defining The Metaverse

The Metaverse still remains an amorphous term with no clear definition, although that hasn’t stopped notable individuals or entities from trying their best.

I’ve compiled a variety of best definitions from both companies and individuals at the forefront of this space (bolded = emphasis mine).

“A place where we'll play and connect in 3D.” – Meta

“The future of the internet: A massively-scaled, persistent, interactive, and interoperable real-time platform comprised of interconnected virtual worlds where people can socialize, work, transact, play, and create.” - Coinbase

“A persistent, live digital universe that affords individuals a sense of agency, social presence, and shared spatial awareness, along with the ability to participate in an extensive virtual economy with profound societal impact.”  - Pier Kicks, Bitkraft Ventures