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The Metaverse is almost certainly the second most well-known and universally recognized arm of the Web3 ecosystem, just behind cryptocurrency.
The explosion of interest happened for two reasons. The first is the record-breaking sales of digital real estate. The second being when Mark Zuckerberg announced the Facebook name change to Meta.
Albeit with very good timing to the many Facebook scandals. This triggered a frenzy with millions of people running to social media and Google to understand more about this major pivot. Meta (Facebook) made an initial investment of $50 million and dedicated resources to employ 10,000 “Metamates” to build its virtual world, which by their estimate, should take 15 years to build.
When you think of the Metaverse, your natural reaction would be to assume that companies like Decentraland, Sandbox, and soon Meta are the only big players in the Metaverse. But, many additional layers go far deeper. These platforms are the front-facing part of the Metaverse and are within the Digital Experience layer.
There are six additional layers to explore, and we’re going to walk you through them all.
Experience
This includes the most commonly known projects and companies and is the layer that receives the most attention from investors…