Last week we tried to find out if virtual reality could create a virtual world we could all escape to just by wearing a pair of glasses. With this weeks Imagine That Startup called Metaverse this is becoming (kind of) reality. But not with a pair of glasses but by using your phone. Metaverse is an app that allows people to create their own augmented reality experience straight from their phone.
2016 was the year of virtual reality. In one year major players like Facebook, Sony and HTC all released their VR headsets. The IDC predicts that the VR market could become a $160 billion market by 2020. Will this revenue only come from gaming? Or are there other implementations of virtual reality in our lives in the near future? What about a second virtual world we can escape to whenever we want?