ALB Limited 01.04.2022

What is Metaverse ?

Metaverse is among the topics that have been frequently asked recently. What is Metaverse in this universe formed by the merging of the real world with science fiction? Has the city of the Metaverse been formed? And questions such as how the Metaverse universe emerged were among the frequently asked questions. In this series of articles, first of all we plan to give general information about the concept of Metaverse, and then go deeper into the subject and share important developments, ecosystems, and news with our dearest investors.

Metaverse, which is used as an abbreviation of the word meta-universe, is defined as the “digital world” where the real world and the virtual world come together in the vision of science fiction. Presenting permanent and collaborative virtual spaces with a 3D image allows users to act with a sense of augmented reality in this digital world. If we look more concretely, it is accepted that all augmented reality products and services are included in the concept of the metaverse.

With the metaverse in the digital world, people can switch between electronic devices and communicate with each other in this virtual environment without the need to connect to any computer.

What Does Metaverse Mean ?


The metaverse term was first used by world-famous author Neal Stephenson in his 1992 science fiction novel Snow Crash. In the novel, the author fictionalized the metaverse universe in which he continues his daily life in a 3D virtual universe where avatars of real people live.

When this concept was first introduced, it was exaggerated and criticized heavily by many authorities. After Facebook’s CEO Mark Zuckerberg’s interest in the subject and with the announcement of the news that his brand will change its name to ‘Meta’, the term ‘Metaverse’ began to be heard by large masses.

Tags: What Is Metaverse, Metaverse Universe Formed

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