What Metaverse Companies Need to Succeed

Opinions expressed by Entrepreneur contributors are their own.

It may sound like science fiction, but the metaverse is coming. When Facebook rebranded itself as Meta back in October 2021, unveiling plans for a $10 billion virtual reality social community, the world pricked up its ears to pay attention to a concept previously dismissed as a bit too “out there” and fanciful.

Looming on our doorsteps is an interconnected network of virtual realities which we can all synchronously experience and within which we can interact with each other in the same way as we do in our in-person lives.

Essentially, the metaverse is the internet, but in a 3D, fully

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