What is the Metaverse?

As a concept that was widely promoted by the founder of Meta (formerly known as Facebook) in 2021, MetaVerse quickly became popular on all major media platforms that year. The core concept of the Metaverse is to "enter a virtual space that is almost the same as real life through VR, AR and other physical devices, allowing people to enjoy entertainment, shopping, work, study and create in the Metaverse world." It does not just refer to a virtual world, but to virtualize the entire real world to achieve a seamless connection between reality and the virtual world, making the boundaries between the two rather blurred.

What is the relationship between Apple Vision Pro and the Metaverse?

The Apple Vision Pro, a world-renowned technology giant, is scheduled to be gradually shipped on February 2, 2024. The official website calls it a "spatial computing device." The appearance of Apple Vision Pro is similar to Meta's Oculus Quest3, but it has made many innovations in terms of comfort and has many exclusive or advanced features such as external face projection, AR (augmented reality) projection, and 3D camera. Apple Vision Pro is most praised for its human-machine interface. Users can easily operate this virtual reality device through gestures, achieving an indistinguishable boundary between virtuality and reality that is similar to what the Metaverse emphasizes.

In terms of past definitions, Apple Vision Pro and mainstream virtual reality devices belong to MR mixed reality, which combines the functions of AR and VR, allowing users to be fully immersed in the virtual world (VR) at the same time, while also being able to The real world interacts with virtual objects (AR), but Apple officials try their best to avoid using the term "Metaverse". Its CEO, Cook, has said that he is only optimistic about the development of AR and has a wait-and-see attitude towards the Metaverse.

Since the Metaverse was initially mainly implemented through VR devices, the advent of Apple Vision Pro has made some community investors wonder whether the Metaverse trend will come back in 2024.

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Metaverse currency price performance review

However, looking back at the cryptocurrency industry, the two leading companies in the Metaverse, The Sandbox and Decentraland, did not see much fluctuation in currency prices when the Apple Vision Pro pre-sale was released. Recently, with the approval of the Bitcoin spot ETF, the market has experienced significant fluctuations. retracement, Metaverse-related currencies are no exception. Other Internet Computer and Render, which contain metaverse computing power narratives, did not observe major fluctuations due to the emergence of the news.

In other words, even though Apple Vision Pro announced on January 22 that 160,000 units have been pre-sold, none of the Metaverse currencies have received market hype. In fact, when Meta launched Quest3 in the past, the Metaverse currency did not rise as a result. It can be seen that when technology giants promote Metaverse infrastructure such as VR and AR, it seems difficult to recover the Metaverse currency in the cryptocurrency industry. The popularity at that time in 2021.