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"Snow Crashing Into The Metaverse" from Imaginary Worlds
Cautionary Tales with Tim Harford
The Metaverse of Neil Stevenson
The metaverse revolved around a single location, a virtual street. Developers can build their own small streets feeding off of the main one. The only difference is that since the street does not really exist, it's just a computer graphics protocol written down on a piece of paper somewhere. None of these things are being physically built. They are rather pieces of software made available to the public over the worldwide fiber optics network.
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