Somnium Space: VR-Focused Virtual Real Estate

At its heart, the metaverse is a social experience occurring in a virtual world that is not possible in the physical world. It is a place where you can explore your virtual identity and provide a uniquely personal experience that varies between individuals. Some see the virtual self as a separate identity living parallel to their real-world lives. Others see it as the same person in both worlds but in a different environment.

Currently, the metaverse is accessed via two-dimensional (2D) browsing on the internet, whether on a computer or a smartphone. To create a more immersive experience, new technologies, such as virtual reality (VR) and augmented reality (AR), have emerged, which were conceptualized more than 50 years ago in the late 1960s.