The Metaverse Handbook

The metaverse handbook is an ideal starting point for all those who want to understand the scope of the current digital revolution. In this handbook you will find concrete elements that allow you to form your own opinion about the metaverse.

In 14 chapters (215P), this book offers an inspiring course that combines theoretical foundations, technological solutions with social reflections. The book aims to clarify key concepts of the next iteration of the web such as immersion, blockchain, cryptocurrencies, NFTs (non-fungible tokens) or decentralized autonomous organizations. The rebranding of the giant Facebook to Meta announced on October 28, 2021 marked the big explosion of the metaverse and the beginning of the popular vortex. Facebook’s acquisition of Oculus VR (a headset virtual reality) from 2014 or that of Microsoft’s AltspaceVR in 2017 illustrated the interest shown by the giants very early in this project.

Meta defines the metaverse as “A set of virtual spaces where you can create and explore with others who are not in the same physical space as you. You can hang out with friends, work, play, learn, shop, create and more.” Images of Mark Zuckerberg’s avatar placed in the virtual universe of Horizon Worlds surprised. The performance resembled a video game in which people had become real avatars (without legs!). However, the announcement did not immediately convince observers. The name change was seen as a ploy to divert public attention. The company was once again at the heart of a media crisis caused by whistleblower Frances Haugen. The latter denouncing a search for profits by the giant to the detriment of the mismanagement of the security of its users.

Time has passed, investments have been confirmed. It became clear that the metaverse project far exceeds the ambitions of a single company, however large. Tencent, Alibaba, Nvidia, Microsoft, but also Amazon, Google, LG, Samsung and Huawei have confirmed their investments in the metaverse. At the same time, virtual universes have multiplied. Analysts examined the actions of the main economic actors, the weight of the announcement was much greater than it seemed. The Metaverse would exist with or without the Meta. A wave was released and nothing could stop it. The market generated by the metaverse is estimated at $5 trillion by 2030 by McKinsey. Analysts tend to agree that the metaverse will emerge within the next ten years, although we don’t yet know what form it will take.

The Metaverse wants to erase digital boundaries while reinventing our place in the physical world. At first, it’s not about replacing a real experience, but about offering something more immersive when it’s impossible to meet face-to-face. The idea is to make time spent online “better”. We project ourselves into a virtual world where it is no longer a matter of facing a two-dimensional flat screen, but an immersive, three-dimensional universe. We are discovering the premises of a technology that will make it possible to work, attend concerts, visit the planet and even space without moving.

Several thousand actors are already building the metaverse. Meta has even reached a record level of 400 million monthly active users in 2022, equivalent to the number of Internet users at the turn of the year 2000. The book gives in 14 chapters an honest perspective on the first steps in the metaverse, the fact of discovery and owning a digital asset, such as cryptocurrency and NFTs play a role in its construction, digital twins, new professions, technical, ethical, legal challenges… and issues etc. Good reading

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