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The metaverse explained in 14 minutes | Matthew Ball


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Why should anyone care about the metaverse? Expert Matthew Ball explains what it is, what it isn’t, and why it matters.


Up Next ► Why virtual reality is necessary on a planet of 11 billion   • Why virtual reality is necessary on a...  


By the end of the decade, the Metaverse could be worth between $6 trillion and $13 trillion. But what is it?


The Metaverse is not simply immersive virtual reality or a really cool video game. It's a combination of technologies that allows an unlimited number of users to experience real-time rendered, 3D virtual worlds synchronously and persistently.


It is difficult to predict how the Metaverse will evolve, just as it was nearly impossible to predict the emergence of Facebook during the era of Windows 95. The Metaverse will not replace the internet, but will build upon and extend it.


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Chapters

00:00 - Intro

01:22 - What the Metaverse is not

02:30 - 10-part definition of the Metaverse

02:56 - Part 1: Massively-scaled

03:23 - Part 2: Virtual worlds

03:51 - Part 3: 3D

04:26 - Part 4: Interoperable network

05:41 - Part 5: Real-time rendering

06:14 - Part 6: Synchronous

06:45 - Part 7: Persistent

08:00 - Parts 8 & 9: Unlimited users with individual sense of presence

08:22 - Part 10: Continuity of data

08:55 - Technological eras are bundles

09:17 - 7 subcategories of the Metaverse

09:27 - Subcategory 1: Hardware

09:45 - Subcategory 2: Networking

09:57 - Subcategory 3: Computer powers

10:13 - Subcategory 4: Virtual platforms

10:45 - Subcategory 5: Interoperability standards

11:05 - Subcategory 6: Payment rails

11:18 - Subcategory 7: CAIS

11:46 - 5 stunning Metaverse examples

13:08 - Why do we need to learn about it now?


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About Matthew Ball:

Matthew Ball is the CEO of Epyllion, a diversified holding company which makes angel investments, provides advisory services, and produces television, films, and video games.


Ball is also a Venture Partner at Makers Fund, Senior Advisor to KKR, Senior Advisor to McKinsey & Company, and sits on the board of numerous start-ups. His first book, “The Metaverse and How it Will Revolutionize Everything”, was published in July 2022 and became an instant national and international bestseller. Ball is also an “Occasional Contributor” to The Economist, holds bylines at Bloomberg, The New York Times, the Wall Street Journal, and wrote the August 8, 2022 cover story for Time Magazine.


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