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METAVERSE| Srijan Ghosh (Batch 10); guided by Saurav Nath1 © 2017 Risk Educators Pvt Ltd. Confidential, for limited circulation only. 2INTRODUCTION❑METAVERSE, combination of the prefix “meta” (implying transcending) with the word “universe”. ❑The word ‘metaverse’ was first coined in a piece of speculative fiction named Snow Crash, written by Neal Stephenson in 1992. In this novel, Stephenson defines the metaverse as a massive virtual environment parallel to the physical world, in which users interact through digital avatars.❑To achieve such duality, the development of metaverse has to go through three sequential stages, namely:(I)Digital twins, (II)Digital natives and eventually (III)Co-existence of physical-virtual reality or namely the surreality. © 2017 Risk Educators Pvt Ltd. Confidential, for limited circulation only. 3Fig.: The cyberspace landscape of real-life applications, where superseding relationships exists in the information richness theory (left-to-right) as well as trans...