Caixin
Jan 18, 2023 09:00 PM
OPINION

Opinion: Defining, Building and Governing a Metaverse for All

A visitor interacts with her 'digital twin' in the metauniverse exhibition area of the China International Animation Festival in Hangzhou on Nov. 24. Photo: VCG
A visitor interacts with her 'digital twin' in the metauniverse exhibition area of the China International Animation Festival in Hangzhou on Nov. 24. Photo: VCG

The next generation of the internet is coming with the convergence of technologies forging the metaverse: an immersive, interoperable and synchronous digital world that is predicted to become an $800 billion market by 2024. The metaverse will rely upon the widespread adoption of extended reality — the combination of augmented, virtual and mixed reality — and the viability of digital assets, wallets and identities to conduct business and allow for social spaces.

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