In July this year, Mark Zuckerberg brought a futuristic concept into the limelight when he said that Facebook will be known as a "metaverse" company.

So what exactly is metaverse?

First coined in a 1992 book called 'Snow Crash' by Neil Stephenson, metaverse is a virtually empowered physical reality.

In theory, it would use augmented reality powered avatars and VR to interact.

Meta : Beyond
Verse : Universe

Facebook sees the launch of Horizon Workrooms that can be accessed with an Oculus VR headset as an early step towards building its metaverse.

Microsoft CEO Satya Nadella also said that the company is working to build an "enterprise metaverse" and there are many more power players in this realm.

Although movies like " Star Wars" and the "Matrix" have predicted the metaverse, the internet, in its current form, is not designed for the metaverse experience and the infrastructure doesn't exist.

For detailed reading : https://www.washingtonpost.com/technology/2021/08/30/what-is-the-metaverse/