What is the metaverse, actually?
There is a concept in tech and innovation – branded by an expensive consultancy company, naturally – known as the Gartner Hype Cycle. Any innovation, be it NFTs (a means of owning ‘unique’ digital art), blockchains (the technology powering crypto-currencies like bitcoin), self-driving cars or wearable tech, will go through distinct (buzzword-heavy) stages before it is adopted by the mainstream. First, it will head to a ‘peak of inflated expectations’, before entering the ‘trough of disillusionment’. As people then work out what the tech might actually deliver it climbs the ‘slope of enlightenment’ to the ‘plateau of productivity’.