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Metaverse
LifestyleEntertainment

Disney is preparing for the metaverse, but what is it, and what can video game platforms Roblox and Fortnite tell us about its potential impact?

  • The effects of the metaverse are hard to foresee, but we need look no further than the prototype metaverses in Fortnite and Roblox to predict its wide reach
  • Despite being lumped in with overhyped NFTs and cryptocurrencies, the metaverse is still something to believe in – and Hollywood had better prepare

Reading Time:5 minutes
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A teenager plays Fortnite. What can this game and game platform Roblox tell us, and Hollywood studio bosses, about the impact of the metaverse? Photo: Shutterstock
Tribune News Service

Whether you like it or not, the metaverse is coming. Hollywood had better get ready.

That’s one of the many takeaways from investor and author Matthew Ball’s new book, The Metaverse: And How It Will Revolutionize Everything, which attempts to provide a road map for the metaverse and explain what it means for the future of the internet.

There’s been a lot of talk about the metaverse and how it will affect entertainment, even though there’s still a lot of confusion about what it actually is. For the record, the easiest way to think about it is as a future version of the internet where users can move seamlessly through virtual worlds in 3D.

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For the layperson, Ball’s book may be just as helpful in the way it explains what the metaverse is not and disentangles some of the futuristic jargon.

Matthew Ball, author of The Metaverse: And How It Will Revolutionize Everything. Photo: Liveright Publishing
Matthew Ball, author of The Metaverse: And How It Will Revolutionize Everything. Photo: Liveright Publishing

Is the metaverse the same thing as Web3? No, though the two concepts are often conflated.

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Are NFTs (non-fungible tokens) and cryptocurrencies going to be involved somehow? Are blockchains, or decentralised digital ledgers, required to build a metaverse? Maybe; it’s complicated.
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