The metaverse continues to push forward in the technological realm as more individuals and brands have caught wind of its overwhelming potential. Despite its newfound popularity, the idea of the metaverse is far from being a brand-new concept. Until recently, it was merely an idea that had been introduced and toggled with, but it was never officially created as past attempts lost traction over time.
Much of its recent rise in popularity can be directly attributed to Facebook’s rebranding to ‘Meta’ back in October of 2021. The social media platform cited plans to invest $10 billion into the metaverse last year alone and make a full transition into it within the next five years. Along with Facebook, big names such as Microsoft have begun crafting their own metaverse vision as well.
