Let’s Discuss Metaverse Terms You Need to Know

The Metaverse virtual world comes with its own technical terms that you should know to better understand it.

- Virtual World

A virtual world is a simulated environment that can be accessed by many users to independently explore a world through the use of an avatar. The virtual world presents perceptual data to the user while also including the real-time actions and communications of other users along with their movements and gravity.

- Virtual Reality

Virtual reality is a simulated experience usually provided via a virtual reality headset. The headset projects realistic images, sounds, and other sensations to a user within a virtual environment. Virtual reality is currently used for video games but can also be used for virtual meetings, medical training, or military training.

- Mixed Reality

Mixed reality is the integration of real and virtual worlds to create new ways to interact with physical and digital spaces as well as other users. In mixed reality, you are not solely in the virtual world or entirely in the real world, but somewhere along the “virtuality continuum” between the real and virtual environments.

- Virtual Economies

In some of these games, players can buy things from each other and exchange real money for game-based money. However, virtual economies now also incorporate cryptocurrencies and non-fungible tokens.

Have you ever tried the Metaverse? What problems did you face?

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Axl is a Decentralized exchange that will support Liquidity Providing, Yield Farming, Staking, Launching IDO, NFT and Lending & Borrow.

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