Abstract

Metaverse is a community-owned online digital platform that enables augmented reality and virtual reality interaction between users. It does not belong to a single dealer and is not dependent on any specific hardware. The decentralized metaverse, that is supported by technologies like artificial intelligence (AI), computer vision, virtual reality, blockchain, etc., is made possible by digital currencies and NFTs. Users can create digital avatars that are representative of themselves to explore their environment by combining various technologies. The concept of the metaverse has grown in popularity recently as 5G networks have developed a more fast and augmented reality (AR) and virtual reality (VR) technologies have been used more frequently. Because of the outbreak of COVID-19, which has made maximum number of individuals work from their homes, individuals are now greatly conscious of the fact that it may disrupt their day-to-day life. With all this at the place, adding to Facebook's latest entry in the market was observed by the investors and daily basis internet consumers throughout the world.

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