Metaverse/Web3
Review all of the new disruptive technologies that you know, and take this opportunity to learn more about a technology that interests you!
In your report, you must discuss the following topics as related to the technology that you are researching:
1. A description of the technology, including:
o what it is, what it does, and a simple explanation of how it works
o a brief history
o what it promises to deliver to its consumers/users, i.e. the vision of the technology when it is fully realized.
2. The current state of the technology as opposed to its envisioned state, including current limitations, barriers etc.
3. What potential impacts does the technology have on consumers?
4. What potential impacts does the technology have on businesses?
5. Discuss a potential application of this technology that you believe will be the most disruptive to business or will have the most impact on society. Explain and support your selection
o Metaverse/Web3
1. How is Web3 different from Web2?
2. What are the primary barriers to establishing the Metaverse?
Sample Solution
Metaverse is Web3.0 for some tech-savvy people, and vice versa for others. The metaverse is a vision of what many in the computer industry believe is the next iteration of the internet: a single, shared, immersive, persistent, 3D virtual space where humans experience life in ways they could not in the physical world. For example, you can play games with your friends from the creator`s ground. The term metaverse was coined in Neal Stephenson`s 1992 science fiction novel Snow Crash, where humans, as programmable avatars, interact with each other and software agents, in a three-dimensional virtual space that uses the metaphor of the real world.
