A Brief History of the Metaverse: The Future World Opened in 40 Years

The Metaverse has been foreshadowing for 40 years…

Rome wasn’t built in a day, and neither was the Metaverse.

Faced with the concept of the Metaverse, many people are still at a loss. If we raise our horizon and look at the time axis of nearly 40 years, we may be able to see the Metaverse more clearly.

A Brief History of the Metaverse: The Future World Opened in 40 Years

“Metaverse” is translated from the English “Metaverse”, where the word “Meta” has the meaning of “transcendence” and “higher” in addition to the meaning of “origin”. Broadly speaking, the Metaverse is like constructing a channel between the real world and the virtual space, connecting the physical world and the digital world, and people switch and shuttle between their real and digital identities.

Several clues can be seen from the timeline of the development of the Metaverse. First of all, although science fiction and science fiction movies are a collection of creation and imagination, they have become an indispensable reference for the development of the Metaverse. Whether it’s the term “Metaverse” that first appeared in “Avalanche”, or “Ready Player One”, which is most often used to explain the concept of the Metaverse. Humans’ imagination of the future is often first published in science fiction works.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | The movie “Ready Player One”

Secondly, the key technologies of the existing Metaverse are also accumulated to burst out. From the first commercial VR device in 1984 to Meta’s Oculus, from the blockchain, which is regarded as the underlying technology of the Metaverse, to Bitcoin, Ethereum, NFT and gameFi, this is well proven.

Finally, it is the investment of the tech giants. Meta is the most active in investing in the Metaverse. Tech giants at home and abroad, such as Apple, Google, Nvidia, ByteDance, and Tencent, have also joined the wave of the Metaverse.

When the best minds in the world are involved, our distance from the Metaverse is only getting shorter day by day, and it all starts with this long journey:

01 1984: Jaylen Lanier proposes the concept of “Virtual Reality”

The term “Virtual Reality” was first coined by American technology expert Jaron Lanier in 1984. In the same year, he founded the first VR startup company, VPL Research Company.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | Jaylen Lanier

Before he came up with the concept, some of the technologies related to VR had been explored by scientists for many years. Lanier summed up the technology with the word VR, and successfully put it into practice with a set of equipment such as headsets, glasses, gloves, etc., so he is considered to be the “father of virtual reality”.

02 1989: The World Wide Web (WWW) was born, and the Internet began to reach ordinary people

The World Wide Web (referred to as WWW or Web) is a British computer scientist invented by Tim Berners-Lee on March 12, 1989. The Web was conceived and developed to provide an automated information sharing platform for scientists all over the world.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | Tim Berners-Lee

The World Wide Web is the prototype of the Internet, a website that allows users to access content on the Internet from any node. At that time, the development of the Internet attracted the attention of Microsoft, which then released the first-generation browser, Internet Explorer. Since then, the Internet has become a new way to obtain information and knowledge, and the Internet has begun to reach the common people.

03 1992: The sci-fi masterpiece “Avalanche” proposed the concept of Metaverse

In 1992, science fiction writer Neal Stephenson published his sci-fi masterpiece, Avalanche. In Avalanche, Neil Stephenson coined the term “Metaverse,” a sprawling virtual world that is believed to be the beginning of the Metaverse.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | Neil Stephenson

04 1999: The Matrix is ​​released

The concepts of artificial intelligence, brain-computer interface, interconnection of all things, and virtual humans in the film opened the curtain of the “cyber” style, enlightening and leading the arrival of the larger concept of the Metaverse to a certain extent.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | “The Matrix”

05 2003: The first virtual game “Second Life” is released

Linden Labs in the United States launched the game “Second Life” (Second Life), which is one of the earliest prototypes of the Metaverse. Players can do many real-life things in the game, such as socializing, studying, working, eating, and sleeping. , shopping, driving, traveling, etc.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | “Second Life”

06 2006: The Roblox game is born

Roblox has released a game “Roblox” that is compatible with virtual worlds, casual games and user-built content. The company will be listed on the New York Stock Exchange in 2021 and is known as the first stock in the Metaverse.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | “Roblox”

07 2009: The beginning of blockchain

In January 2009, the mysterious man Satoshi Nakamoto released the open source software of Bitcoin. On January 3, 2009, when Satoshi Nakamoto dug out the first block on the chain, the Bitcoin network was born, and that block was later known as the “genesis block”, and since then the virtual currency Yuan has been opened. year.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | The Times, January 3, 2009

Satoshi Nakamoto left a sentence on the Bitcoin genesis block – “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” (January 3, 2009, the chancellor was in the process of implementing the second bailout for banks) round of bank bailouts). This sentence was the headline of a front-page article in The Times on January 3, 2009. This embellishment on the genesis block was later described by Bitcoin proponents as “a libertarian, saving the bank story”.

08 2009: Minecraft is born

Born in 2009, the “sandbox game” “Minecraft” is a very famous Metaverse project. The gameplay of “Minecraft” is simple but rich. Players can freely collect and trade items, and can also create everything according to their own ideas.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | “My World”

As of 2019, the cumulative sales of the game software “Minecraft” adapted to game consoles has exceeded 176 million sets, making it the largest-selling video game in history.

09 2011: “Ready Player One” original novel published

Published in 2011, the original Ready Player One novel has topped the New York Times bestseller list for more than 100 consecutive weeks, has been translated into 37 languages, and is available in 58 countries and regions.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | The movie “Ready Player One”

The author Klein made bold guesses and descriptions of the future world in “Ready Player One”, telling the subversive human society in 2044. The novel was remade into a movie of the same name by Spielberg in 2018, and it became one of the most frequently mentioned works when explaining the concept of the Metaverse in the future.

10 2012~2013: The concept source of NFT – Colored Coins

The concept of NFTs originated from so-called “colored coins”, which were originally issued on the Bitcoin blockchain in 2012-2013.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | Colored Coins

Colored coins are tokens that represent real-world assets on the blockchain and can be used to prove ownership of any asset, from precious metals to cars to real estate, and even stocks and bonds. The original idea was to use the Bitcoin blockchain for assets like digital collectibles, coupons, property, company stock, and more. They are described as new technologies and offer raw possibilities for future usage scenarios.

11 2013: Ethereum is born

Ethereum was born in late 2013, the founder Vitalik Buterin published the Ethereum white paper, and officially released Ethereum in January 2014 at the North American Bitcoin Conference, which was the first appearance of Ethereum in the world.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | Forbes

At present, Ethereum is the second-largest digital currency by market value in circulation, second only to Bitcoin, and it is also the main cryptocurrency for NFT transactions.

12 2014: Facebook buys Oculus for $2 billion

Facebook announced in July 2014 that it would acquire Oculus for $2 billion, which was seen by outsiders as Facebook’s move to pay for the future. In Facebook’s view, Oculus’ technology has opened up new experiences and possibilities, not only in the field of games, but also in many fields such as life, education, and medical care.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | Oculus

13 2015: Google releases cheap VR products

The Google VR glasses box Cardboard was released at Google I/O (Network Developers Conference) in 2015, and the price is as low as $20. The low price makes VR technology universal.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | Google VR glasses box Cardboard

The Google VR glasses box is similar in shape to a VR headset, and the device is very simple, generally consisting of a piece of cardboard and two special plastic lenses. In 2021, the Google VR glasses box Cardboard has been removed from the Google Store, and the product page shows “We no longer sell Google Cardboard.”

14 2015: Microsoft unveils head-mounted MR—HoloLens

Microsoft first demonstrated the MR (mixed reality) device HoloLens glasses at CES2015, which can provide users with a sci-fi visual experience and are widely used in games, scientific research, medical care, education, business and other fields. As soon as the device appeared, it received widespread attention around the world.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | HoloLens

Market research firm SimilarWeb said HoloLens had more than 50 million searches in 2015, more than any VR device, according to Fortune.

15 2015: The Decentraland platform is launched

Decentraland is a 3D virtual world built on Ethereum, which distributes virtual land to players participating in the development through a proof-of-work algorithm.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Figure | The home built by singer JJ Lin on the land he purchased

In this virtual world, there are a large number of activities every day, including art exhibitions, music festivals, game competitions, corporate press conferences, etc. Users can also buy and sell land, build facilities, etc., and make profits from it. A piece of virtual land has been sold for more than Sold for $2.4 million.

16 2016: DAO emerges

In 2016, “DAO (decentralized autonomous organization)” came out, The DAO company launched in May 2016 through a crowdfunding token sale, a venture capital created on the Ethereum blockchain The fund uses a decentralized financing model to raise funds for the project without any intermediary unit.

A Brief History of the Metaverse: The Future World Opened in 40 Years

17 2017: Fortnite game launched

In 2017, the shooting game “Fortress Night” developed by Epic Games has been known as the “first Metaverse”. The game combines social media, streaming platforms and gaming to create a virtual world that goes beyond gaming. Unlike traditional social media with only web pages, Fortnite is more similar to the social experience players can get in real life.

A Brief History of the Metaverse: The Future World Opened in 40 Years

In May 2020, Fortnite had 350 million registered players. In April 2020, American singer Travis Scott held a virtual concert on “Fortnite”, with more than 12 million viewers watching and interacting.

18 2018: Official first stablecoin issuance

On September 10, 2018, U.S. exchange Gemini and another blockchain startup, Paxos, received approval from the New York Financial Services Authority to issue digital cryptocurrencies anchored to the U.S. dollar under government supervision. GUSD and PAX. This is the first officially announced stablecoin, which has aroused heated discussions in the industry.

A Brief History of the Metaverse: The Future World Opened in 40 Years

The introduction of stablecoins adds a new element to the volatile world of cryptocurrencies. Stablecoins are pegged to the U.S. dollar and are less volatile than other cryptocurrencies.

19 2020: The epidemic accelerates the development of the Metaverse

Since 2020, the new crown epidemic has swept the world, forcing people to accept the “remote office” life mode, greatly increasing the level of global digitization, and becoming a catalyst for the explosion of the Metaverse.

A Brief History of the Metaverse: The Future World Opened in 40 Years

20 2021: Metaverse Year One

The year 2021 is called “the first year of the Metaverse”, and the actions of domestic and foreign capital markets are enough to confirm: in March 2021, the first Roblox stock of the Metaverse was listed on the New York Stock Exchange, with a market value of more than 38 billion US dollars on the first day; Facebook announced that it would transform into a Metaverse company within five years and officially changed its name to Meta in October; in August, chip giant Nvidia spent hundreds of millions of dollars to launch Omniverse, an analog platform built for the Metaverse; in November, Microsoft announced that it would build A more corporate “Metaverse” where users share office files in a virtual world.

A Brief History of the Metaverse: The Future World Opened in 40 Years

Schema | Meta

At the same time, domestic Internet giants such as Alibaba, Tencent, ByteDance, NetEase, Baidu, and JD.com have also joined the Metaverse track and competed for layout.

21 The future can be expected

The Metaverse entrusts human beings with the beautiful vision of exploring the virtual world, and is also the product of the rapid development of technology and the fusion of human imagination. At present, a number of internationally renowned institutions have publicly expressed their optimism about the future market size of the Metaverse. PricewaterhouseCoopers predicts that the market size of the Metaverse will reach US$1.5 trillion in 2030; Bloomberg estimates that the market size of the Metaverse will reach US$2.5 trillion by then; Morgan Stanley predicts that the potential market space of the Metaverse will exceed US$2.5 trillion in the future. $8 trillion.

At the same time, the industry predicts that in the future, more than 90% of work and life, such as scientific research, education, entertainment, conferences, etc., will take place in the Metaverse, and social and economic development will also usher in great changes.

And we are fortunate enough to witness it all.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/a-brief-history-of-the-metaverse-the-future-world-opened-in-40-years/
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