Chapter 1A Primer on the Metaverse

Whether for a new board game, a phone, or other goodies, nobody looks forward to reading instructions. There's an urge to jump in and go. But the sticklers who crack open the manual “get it” faster. The same thing goes for the metaverse economy. Taking a little time to familiarize yourself with the metaverse, including the terminology and basic concepts, will get you past the learning curve and onto exploring the possibilities of the metaverse economy more quickly.

If you feel like you're already past this “metaverse 101” material, feel free to jump past our terminology section. Head over to the next sections for our take on what the metaverse and metaverse economy are, for crucial context you'll need to understand the rest of the book.

We don't want to turn this into a textbook, so we're keeping this section lean. Keep in mind that the space is rapidly changing and terminology may shift with it. The metaverse is being built today and will take some time to reach its final form (if that even exists). It's also important to recognize that different experts have different definitions and may use a slightly different lexicon. This primer will get your feet underneath you to understand our viewpoints and insights, which are a part of the broader conversations happening in metaverse circles. Also, because the metaverse is evolving, we encourage you to look beyond our book to refresh your knowledge and keep up.

Terminology

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