‘Metaverse’ Term Creator Neal Stephenson Not Bullish About Massive Adoption of Virtual Worlds

"Metaverse" Term Creator Neal Stephenson Not Bullish About Massive Adoption of Virtual Worlds

Neal Stephenson, ostensibly the first to coin the term “metaverse,” issued his opinion about the future of the adoption of virtual worlds. The sci-fi writer and co-founder of Lamina1, a blockchain metaverse company, believes that building experiences that millions of people consider worth having in virtual worlds is quite difficult, hampering the adoption process of the tech. Neal Stephenson on the Future of Metaverse Adoption

Neal Stephenson, believed to be the creator of the general concept and term “metaverse” — popularized recently by Meta — believes that mainstream adoption of this tech might be very far away. The writer, who coined the term as part of his novel Snow Crash, published in 1992, stated that the growth of the metaverse will depend on the quality of the experiences offered in the virtual world.

As part of an interview offered to the Financial Times, Stephenson stated: There won’t be a metaverse that is used by millions of people until it contains experiences that millions of people find worth having, and making those experiences is quite difficult.

The author, who has established a clear relationship between the metaverse and gaming technology, explained that “the games industry is the economic engine and the technological engine that obviously is going to be the foundation of any future metaverse,” citing Doom, the game created by ID Software’s John Carmack, as one of the games that kickstarted the metaverse era. Blockchain Interconnecting Virtual Worlds

Stephenson also explained that blockchain and the metaverse have a natural relationship, enabling interconnection between the various worlds as part of a bigger world. The writer says that part of the reason behind the creation of Lamina1, the company he co-founded, was to lay a foundational layer for the creation of digital worlds that have an “engineering level that are a pretty good match with what blockchains are capable of.”

The internal design of a metaverse can be done in a centralized way, but the movement of this data from one metaverse to another, part of a bigger metaverse, can be done using blockchain-based tools. He declared: I think that to build a metaverse, we’re going to have a situation where people are moving freely from one environment to another… all of that smacks of a decentralized kind of network of interactions and financial transactions that puts me in mind of blockchain and other decentralized finance kinds of constructs. Tags in this story adoption, doom, john carmack, Lamina1, Metaverse, neal stephenson, Virtual Worlds

What do you think about the opinion of Neal Stephenson on the future of metaverse adoption and the relationship it has with blockchain? Tell us in the comment section below. Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Tencent to Offer Metaverse-Building Services for Asian Markets METAVERSE | 4 days ago Edogawa Ward in Tokyo to Use Metaverse Tech to Solve "Hikikomori" Problem METAVERSE | 7 days ago

Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleMetacade Presale Stage 5 Selling out as Strategic Partnership With MEXC Is Confirmed Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms