As of late the word ‘cyberspace’ has become a predecessor to the emerging term ‘metaverse’. Metaverse encapsulates more than cyberspace did, as it describes the large range of technologies that humans interact with, including holograms, AR, video games, VR, smartphone games, avatars, motion-tracking tools, NFTs, and many many more. The list is ever-growing as technological innovations continue to surface. But a recent addition to the metaverse is no technological innovation, but a timeless best friend for man; pets.
Worth billions of dollars, the metaverse is projected to continue growing at an exponential rate. The metaverse’s market is consolidated with few conglomerates dominating market revenue. A large part of the metaverse growth is due to the increasing value found in fusing our physical and virtual realities, especially since the dawn of the COVID-19 pandemic. With a global market value of $47.69 billion in 2020, the metaverse’s success and growth are virtually assured.
With the new pet trend, new avenues for entertainment and interaction have opened within the metaverse. By creating a metapet, you can remotely monitor a real pet thanks to emerging imaging technologies, and by owning a metaverse pet, you can experience the joys of being a pet owner without having a real one at all. These platforms, which include MetaGochi, CryptoKitties, Axie Infinity, and MetaPets, offer abilities and excursions that reality fails to offer. With pets in the metaverse, there are new delights to pet ownership, and expanded boundaries around pet and owner interactions, giving us new forms of fun, and best of all, new friends.