Venture capital investment in the metaverse has nearly doubled this year, Facebook has changed its name to Meta, and metaverse hype is everywhere. With improvements in bandwidth and better headset design, we’re on the cusp of a new era. Many of the projects being announced are closed or proprietary platforms. OpenSim’s decentralized, open-source, hyperconnected universe can point the way to how to do it right.

By Maria Korolov