More spatially immersive, compelling, and frictionless 3D web, viewable by virtual reality (VR) and augmented reality (AR)

Understanding the metaverse in a 34 pages review.

The metaverse is best understood as an evolution of the internet into a more spatially immersive, compelling, and frictionless 3D web, viewable by virtual reality (VR) and augmented reality (AR), along with traditional compute devices, with three key aspects: presence, interoperability and standardisation. There are five key vectors for metaverse advancements, in our view: 

(1) hardware

(2) infrastructure

(3) content

(4) community

(5) currency/settlement mechanism.