The metaverse is still unfolding, but it has been developing for more than a century. Rudimentary virtual worlds have existed – in imagination and reality – since the days of the telegraph.
The metaverse is being hyped as a game-changing virtual platform that will transform our digital lives. But it has some inherent challenges to overcome in order to achieve mass adoption.
NFTs are hailed as the foundation of the metaverse economy because they allow you to purchase unique digital assets, from art to real estate. But legally, you might not own what you think you do.