What should investors know about the opportunities and risks in the new frontiers of virtual reality?
The word “metaverse” may sound like it was ripped out of a sci-fi novel. In fact, that’s exactly the case. In his 1992 book, Snow Crash, author Neal Stephenson introduced the term to refer to a virtual realm where people use goggles and headphones—precursors to today’s VR headsets—to enter an online universe featuring digital avatars of themselves. But what exactly is the metaverse? And what should investors know about the opportunities and risks in the new frontiers of virtual reality?
What is the metaverse? And why should investors care?
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