The Metaverse as a new paradigm of digital interaction

NFTRegretter · 2025-12-21T02:05:08+00:00

The essay explores the concept of the metaverse, tracing its origins to Neal Stephenson's 1992 novel "Snow Crash" to its modern interpretation as a persistent 3D digital environment. It emphasizes the role of blockchain technology in fostering a secure digital economy within the metaverse, enabling user ownership and a new organizational level for digital spaces.

NFTRegretter

2025-12-21 02:05:08

Abstract generation in progress

The concept of the metaverse has gained increasing popularity in recent years, but its roots date back to 1992, when writer Neal Stephenson described this idea in his novel “Snow Crash.” In the work, the metaverse was a layered space that combined elements of virtual, augmented, and mixed reality, existing parallel to the physical world.

What is meant by the term metaverse

Modern interpretation of the metaverse describes it as a three-dimensional digital environment of permanent existence, where users can interact, work, entertain, and communicate. Many experts refer to it as the “internet of experiences” or “the third iteration of the World Wide Web,” combining Web3 principles with cutting-edge technologies.

It is worth noting that the vast majority of tech giants and innovative startups are developing their own versions of such virtual spaces. Some explicitly position their projects as the metaverse, while others cautiously avoid this term. Interestingly, many analysts consider video game platforms to be the most successful practical implementation of the metaverse idea to date.

The role of blockchain in the development of the metaverse

Although blockchain technology is not a mandatory condition for the functioning of the metaverse, it creates unique opportunities for its full development. Distributed ledger technology allows for the implementation of a complete digital economy with independent currencies, functional tokens, and collectible assets (NFT) that users can truly own.

Cryptographic wallets provide users with an unprecedented level of control over their virtual assets, ensuring their security and mobility even between different metaverses. Additionally, blockchain infrastructure guarantees transparency and reliability in managing data of future digital worlds.

Thus, the metaverse is viewed not just as another technological innovation, but as a fundamentally new level of organizing digital space, where blockchain solutions will play a key role in ensuring autonomy and fairness for every user.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.