Facebook Inc stated on Monday it’s going to begin publishing the monetary outcomes of its augmented and digital fact labs as a separate unit, in which it’s miles making an investment billions in its targets to construct the “metaverse” and because it stated that its most important marketing and marketing commercial enterprise faces “widespread uncertainty.”

The idea of the metaverse is fast turning into a buzzword in generation and commercial enterprise. But what does it mean?

WHAT IS THE METAVERSE?

Metaverse is a large time period. It commonly refers to shared digital international environments which humans can get right of entry to thru the internet.

The time period can confer with virtual areas which can be made greater realistic via way of means of using digital fact (VR) or augmented fact (AR).

Some humans additionally use the phrase metaverse to explain gaming worlds, wherein customers have a man or woman that may stroll round and engage with different players.