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PeriodicalsCommerce & Accounting

From Reality to Virtuality: Re-discussing Cities with the Concept of the Metaverse

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Abstract & Overview

The increase in the transaction volume of cryptocurrencies, the widespread use of blockchain technology, and the increase in the number of augmented reality devices (virtual, augmented, and mixed reality) have led to the formation of a suitable environment for Metaverse. Metaverse is a virtual or augmented reality created beyond the physical world via an internet connection with augmented reality devices, game consoles, computers, tablets, or mobile phones. This universe may be beyond the real world, or it is created by the virtualization of real-world objects to a certain extent. While Metaverse has the opportunity to be applied comfortably in all areas of daily life, it can also be designed as an urban policy design tool. In the study, the conceptual framework of the metaverse will be presented, the metaverse investments of global companies will be determined, the concept of metaverse will be examined in the context of virtual reality relationship, the reflections of metaverse applications on the city will be examined, and finally, the effects and role of the metaverse in urban policy production will be discussed and conclusions and evaluations will be given.

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(2022). From Reality to Virtuality: Re-discussing Cities with the Concept of the Metaverse. International Journal of Management and Accounting, 12–20. https://doi.org/10.34104/ijma.022.00120020

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From Reality to Virtuality: Re-discussing Cities with the Concept of the Metaverse. (2022). International Journal of Management and Accounting, 12–20. https://doi.org/10.34104/ijma.022.00120020
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