Metaverse: the future has arrived! The Brave New World of the Next Internet

From August 6 to 8, Ariana Grande, a popular American singer, held five concerts in different parts of the world. What was unusual was that the show took place in the game Fortnite. Tens of millions of players around the world dress up with their game characters. A series of mini-games are played throughout the show, which ends with fans dancing one-on-one with Ariana as they soar into the sky. Fortnite titled the concert "Journey through Time." Different from the normal live streaming experience, fans can interact with their idols in an immersive way during the "Journey through Time", and they are the absolute protagonists, just like in the game. At that moment, I couldn't tell whether the concert was in the game or the concert was in the game. We live in a process of increasing convergence of the virtual and the real, and the focus of our lives is constantly shifting to the virtual world. The popularity of the metaverse is a response to this trend.

Metaverse, defined by the industry as the next generation of Internet, can overturn the way the Internet is used today just as the mobile Internet has changed the PC Internet.

The meta-universe is built on top of Web3.0 and is a "traversal" and "distributed" Internet. In such an Internet, people can not only output text, pictures, 2D video, but also through immersive video, complete "face to face" interaction experience, that is, to recreate a "real" "virtual world" in the new Internet.

In this network, people complete life experience through VR/AR and other virtual reality technology, and then shape their own virtual identity, virtual community, and through the virtual world, complete their spiritual life. One can even build an entire economy by developing virtual real estate, virtual art, and digital currency. $Goertek Inc.(002241.SZ)$ $Zhejiang Crystal-optech(002273.SZ)$