Facebook has changed its name to Meta and declared the metaverse to be the future of the internet. Earlier this year Epic, maker of the online multiplayer game Fortnite, raised a $1bn funding round showing that investors were willing to put big money into immersive online experiences. Suddenly metaverse has become the biggest buzzword in tech and every investor wants a slice of it. But what actually is the metaverse? Is it just about VR glasses and playing games? Is it completely overhyped already? And what are the big money-making opportunities in it? [Read this for a sneak preview of the European metaverse companies investors think are worth watching]. We tackle some of these questions in this beginner’s guide.
