What is the meta universe?

The meta universe only existed in literature and film and television works for a long time. Metaverse is composed of two roots: Meta and Verse. Meta means "transcendence" and "meta", and verse means "universe". The term Metaverse originated from the 1992 science fiction novel "Avalanche." The novel depicts people competing with each other in the virtual reality world by controlling their digital avatars to improve their social status. In the following 30 years, the concept of meta universe was presented in film and television works such as "The Matrix", "Number One Player", "Western World", and games such as "The Sims". At this stage, the concept of meta-universe is relatively vague, and it is more understood as a parallel virtual world.

According to the definition of Roblox, a listed company of Metaverse Concept, Metaverse should possess eight elements including identity, friends, immersion, low latency, diversification, any place, economic system, and civilization. Most of the manifestations of the meta universe start from games, and gradually integrate functions such as the Internet, digital entertainment, and social networks. In the long run, it can even integrate social economic and commercial activities.

On March 10, 2021, Roblox adopts a direct listing model (DPO) to list on the New York Stock Exchange. Roblox believes that the meta-universe is used to describe the concept of persistent, shared, three-dimensional virtual space in the virtual universe.

Orient Securities analyst Zhang Ying pointed out that before the launch of the meta-universe concept, technologies such as 5G infrastructure, display screens for smart terminals, and AI chips continued to evolve. At the same time, concepts such as industrial Internet, industrial Internet, digital twins, and VR games were all developed. Constantly mature. After the birth of the meta-universe concept, the development direction of most technologies in this period can be well summarized.