11 The Metaverse Overview : Vision, Technology, and Tactics | Vision and Values The Metaverse will include almost all elements of our real world. This is the key to understanding the long- term state of the Metaverse and how fundamentally and profoundly it will influence us. The four meanings above can described as follows: Meaning 1: A virtual mirror world that simulates reality The Metaverse includes a virtual world that simulates almost every element of the real world, including individual identity, enterprise identity, the business world, entertainment, social interaction, civilization, legal, tax, and governance structures, and one of the most critical features of our real world—feelings. This is an important starting point for understanding and envisioning the future direction of the Metaverse. The public's current perception of the Metaverse encompasses games, experiences, technologies, and social applications. These are parts of the Metaverse, but the future of the Metaverse is much more than the sum of those parts. The term Metaverse originated from a scene in Snow Crash. It is a conceptual extension of that scene to imagine a "real" virtual world that is a full simulation and complete mirror of the real world. Neil Stephenson's Snow Crash describes such a virtual world: the protagonist enters a commercial block, on the Champs-Élysées in the super-meta-domain (the Metaverse). The street is very long, traversing 65,536 kilometers. A vast number of people pass through the commercial block, where there are many shops. Opening a shop there requires third-party approval, buying land, obtaining the relevant licenses, and bribing Inspectors. Humans walk and interact with the neighborhood as digital avatars; populating a world the author calls the Metaverse. The picture below is a schematic diagram of the scene depicted in Snow Crash. There are many core elements of the real world in its described virtual world, including neighborhoods, social interaction, commercial real estate development, business activities, and even corruption. Figure7: The virtual world of Snow Crash Source: Public information, Deloitte analysis Headset Glasses Terminal Connect Connect Virtual identity Virtual Space Avalanche, 1992 The Virtual World Constructed by the Global Multimedia Protocol Group The public Authorize Companies Building façade to run business in $ $ $ Global Multimedia Protocol Group Champs Elysees in the Metaverse

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