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In less than 20 years the term “Metaverse”, coined by Neal Stephenson in the Cyberpunk novel Snow Crash, has gone from being part of the science fiction lexicon to becoming a reality under construction that tech giants like Facebook, Apple and Microsoft are working on.
A metaverse is a virtual reality space where users interact in the form of avatars. This alternate reality replicates perfectly the real world (adding some peculiarities) letting avatars, for example, buy and sell digital goods and create economies.
Since our current world is quickly moving to digital, more and more people are joining this new reality investing their time and energies to build in it. Thus, many objects emerge as digital only so, as a result to the issues of ownership and copyright, NFTs have established as global answer to the problem.