{"id":18168,"date":"2023-02-28T08:45:10","date_gmt":"2023-02-28T08:45:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/metaverse-term-creator-neal-stephenson-not-bullish-about-massive-adoption-of-virtual-worlds-metaverse-bitcoin-news\/"},"modified":"2023-02-28T08:45:10","modified_gmt":"2023-02-28T08:45:10","slug":"metaverse-term-creator-neal-stephenson-not-bullish-about-massive-adoption-of-virtual-worlds-metaverse-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/metaverse-term-creator-neal-stephenson-not-bullish-about-massive-adoption-of-virtual-worlds-metaverse-bitcoin-news\/","title":{"rendered":"‘Metaverse’ Term Creator Neal Stephenson Not Bullish About Massive Adoption of Virtual Worlds \u2013 Metaverse Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Neal Stephenson, ostensibly the first to coin the term \u201cmetaverse,\u201d 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.<\/strong><\/p>\n

Neal Stephenson on the Future of Metaverse Adoption<\/h2>\n

Neal Stephenson, believed to be the creator of the general concept and term \u201cmetaverse\u201d \u2014 popularized recently by Meta<\/a> \u2014 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.<\/p>\n

As part of an interview offered to the Financial Times<\/a>, Stephenson stated:<\/p>\n

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There won\u2019t 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.<\/p>\n<\/blockquote>\n

The author, who has established a clear relationship between the metaverse and gaming technology, explained that \u201cthe games industry is the economic engine and the technological engine that obviously is going to be the foundation of any future metaverse,\u201d citing Doom, the game created by ID Software\u2019s John Carmack<\/a>, as one of the games that kickstarted the metaverse era.<\/p>\n

Blockchain Interconnecting Virtual Worlds<\/h2>\n

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<\/a>, the company he co-founded, was to lay a foundational layer for the creation of digital worlds that have an \u201cengineering level that are a pretty good match with what blockchains are capable of.\u201d<\/p>\n

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:<\/p>\n

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I think that to build a metaverse, we\u2019re going to have a situation where people are moving freely from one environment to another\u2026 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.<\/p>\n<\/blockquote>\n

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.<\/strong><\/em><\/p>\n

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\nSergio Goschenko <\/h6>\n

\nSergio 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.<\/p>\n<\/div>\n<\/div>\n

Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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