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What is a Metaverse and why you should care about it?

Multiple Metaverses are already here and you’re in one now

Przemek Chojecki
5 min readMar 30, 2022

Facebook changing its name to Meta, Microsoft joining the search for a metaverse, as well as a bunch of other companies, the race is officially on. But why we should care and what’s a metaverse in the first place?

What is a Metaverse and why you should care about it?

What is a metaverse?

A Metaverse is a digital space, where people can interact and transact with each other. In other words, it’s a digital world with built-in economy that can be inhabited by people through their digital representations (avatars).

That’s it.

Common misconceptions about a metaverse

People often mistake a metaverse for some kind of an online game, either:

  • World of Warcraft or RuneScape or Second Life, or
  • a VR chat with your friends

They often miss the fact that we’re already living in various proto-metaverses, to name the main two:

  • Instagram
  • Twitter

Let’s dissect them.

Instagram is a game of looks. Through filters and providing curated information about ‘you’, you’re building your Insta…

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Przemek Chojecki
Przemek Chojecki

Written by Przemek Chojecki

AI & crypto, PhD in mathematics, Forbes 30 under 30, former Oxford fellow.

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