The metaverse merges virtual reality (VR), augmented reality (AR), and blockchain technology to create immersive digital worlds. Metaverse platforms like Decentraland, The Sandbox, and Otherside integrate NFTs, virtual land ownership, and play-to-earn gaming. The expansion of metaverse real estate, digital identity, and interoperable avatars fosters a new digital economy. Blockchain-based metaverse tokens, virtual economies, and social interactions redefine the way users engage online. Challenges include hardware adoption, scalability, and security concerns, as enterprises and governments explore metaverse regulation, intellectual property protection, and decentralized governance.
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