While it is possible to create virtual reality spaces where people can interact, transact, and create experiences in a shared 3D space using web 2.0 technologies, the metaverse is generally considered to be a concept that goes beyond what is currently possible with web 2.0.
Web 2.0 technologies primarily rely on centralized servers and centralized systems for data storage and communication. This means that the interactions and transactions that take place within these virtual reality spaces are still controlled and governed by centralized entities.
On the other hand, the Metaverse is being built using decentralized technologies such as blockchain and distributed ledgers, which enables the creation of a decentralized and distributed virtual world. This allows for a more open and inclusive virtual space, where users can interact with each other and with digital assets in a decentralized and trustless manner, and where the control and governance of the virtual world is distributed among its users.
Additionally, the Metaverse aims to create a more seamless and immersive experience, allowing users to interact with the virtual space in a more natural and intuitive way. This is possible through the use of advanced technologies such as artificial intelligence, virtual reality, and augmented reality.
While it’s possible to create virtual reality spaces with web 2.0 technologies, the Metaverse goes beyond that by creating a decentralized, distributed and more immersive virtual space where users have more control and autonomy, and where the experience is more seamless and realistic.