The Brooklyn Nets have made history by becoming one of the first sports teams to join the Metaverse. However, many people don’t know what the Metaverse is or its impact on the way we do business online.
Fortunately, WIRED has a great explanation.
“The technologies that make up the metaverse can include virtual reality—characterized by persistent virtual worlds that continue to exist even when you’re not playing—as well as augmented reality that combines aspects of the digital and physical worlds,” reports WIRED.
And the thing is, you don’t have to log in to “Meta” by Facebook to interact with the metaverse. Meta is just one of several channels to access the broader metaverse (So, no, Mark Zuckerberg does not “own the metaverse”).
In other words, to sum it all up — basically, the Brooklyn Nets (and other investors) are investing in getting a piece of the Internet.