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7 Essential Ingredients of a Metaverse
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7 Essential Ingredients of a Metaverse

Liz Harkavy, Eddy Lazzarin and Arianna Simpson
a16z, 2022
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Editorial Rating

9

Qualities

  • Well Structured
  • Visionary
  • Inspiring

Recommendation

Although coined in the 90s, the metaverse still hasn’t come to full fruition, though some avid Second Life users would beg to differ. What is a metaverse, really, and how is it distinct from the natural evolution of the internet? As humanity marches progressively closer to the metaverse, what shape will it take? Will corporations run it or will it be open and free? There are money-making opportunities there, but who will take them? Crypto experts Liz Harkavy, Eddy Lazzarin and Arianna Simpson try to answer some of these questions in this a16z article.

Take-Aways

  • The metaverse could go one of two ways: It might be open, free, and decentralized, or it might end up being a closed virtual world that’s owned by corporations.
  • A true metaverse is decentralized and respects property rights, including the users’ rights to sovereign identity.
  • A true metaverse is open source, features composability, is owned by the community, and depends on full social immersion rather than high-powered proprietary hardware.

About the Authors

Liz Harkavy, Eddy Lazzarin and Arianna Simpson are professionals with a16z crypto, a venture capital fund focused on web3 start-ups and crypto investments.

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