CryptoBeginner

Metaverse

Shared, persistent virtual worlds where people meet, play and trade as avatars, sometimes using crypto…
In plain English

Shared, persistent virtual worlds where people meet, play and trade as avatars, sometimes using crypto and NFTs.

The metaverse is the idea of an internet you step inside rather than scroll: always-on 3D worlds where you show up as an avatar to hang out, play games, work or shop. The word comes from a 1990s science-fiction novel.

Crypto projects pitch metaverses where land, clothes and items are NFTs you actually own and can sell. Big tech companies have their own, non-crypto versions. Interest surged around 2021, and prices for virtual land later collapsed as the hype cooled. The concept is still being worked out.

Keep this word for good

Your free Private Swap Lounge saves the terms you’ve learned and quizzes you on them. Portal under construction. Expected delivery date is December 01, 2026.