What is Metaverse?
WHAT IS THE METAVERSE?
The metaverse, which means “virtual reality” in Turkish, is a technological development that is expected to replace traditional internet technology. It is a concept that allows online presence in three-dimensional virtual environments through AR and VR headset devices. Currently in the beta stage, the metaverse aims to gain significant momentum in the near future.
The metaverse, which has been a concept for many years and has often been discussed in the film industry, has gradually become clearer in the technology world following a series of developments. Changing its brand name to ‘Meta’ and Microsoft allocating significant budgets for virtual reality are among the most important ones.
When we examine the historical development process of the metaverse, we first encounter this concept in the novel “Snow Crash” published in 1992. In this book, the metaverse is portrayed as a fictional world. It gained more widespread recognition worldwide with the Matrix films that followed and captured the interest of many people.
This new technology aims to build a virtual public space. The currencies to be used in this public space are also traded in the cryptocurrency market. In fact, Seoul has become the first city to create a public structure by entering the virtual world. Taking all these factors into account, it is possible to say that the metaverse is the internet of the future. Source
How Are Metaverse Lands Sold?
With the rapid advancement of metaverse technology, land sales have started on virtual reality platforms such as Sandbox and Ovr. These platforms have detailed representations of cities around the world. Users can become members of these platforms and purchase houses, lands, and public spaces from their desired locations. So, how can you buy metaverse land? Here is the answer…
To be able to purchase land from the metaverse, you first need to become a member of the Sandbox or Ovr platforms. These platforms have almost the entire world map available. However, in order to buy land from here, you also need to have cryptocurrency. Because cryptocurrency is valid for commercial transactions made in the metaverse. Considering that more than 30,000 lands have been sold in Turkey in a short period of time, it would not be wrong to say that metaverse technology will become an essential part of life in the near future.