‘Metaverse’ competes for word of the year in Oxford

According to the Oxford University Press (OUP), the word “Metaverse” is in the running to win the Oxford Word of the Year (WOTY).

The Word of the Year competition was launched on November 22, 2022 and this year, for the first time, the public can participate in the vote. There are two other words or terms in the competition: they include “#IStandWith” and “Goblin Mode”.

The metaverse is a term coined by author Neil Stephenson in his science fiction novel Snow crash. However, the concept really took off when Facebook officially changed its name to Meta in October 2021.

In the video released by Oxford University Press, the metaverse is described as an immersive “virtual reality environment” where users can interact with each other’s avatars and environments. Unsurprisingly, OUP said the word quadrupled in popularity from October 2021 to October 2022.

Oxford University Press also suggested that as more work-related and social activities take place in virtual reality environments, there is likely to be more discussion about the “ethics and feasibility of an all-online future”.

The other two words in the running for WOTY include #IStandWith, a phrase commonly used by political activists, and “Goblin Mode,” a post-Covid-19 concept referring to someone experiencing a return to normalcy. rejects and continues to do what he does. want. The three sentences were chosen through an analysis of a language data system that narrowed down the top words.

To vote for Word of the Year, people can visit the Oxford Languages ​​website. To date, more than 235,000 votes have been cast. Voting closes on December 2nd and the winning word will be announced shortly thereafter.

The Metaverse grows in 2022

It should come as no surprise to people watching Web3 news that “Metaverse” is in the running for Oxford University Press’ Word of the Year. At Rarity Sniper, we’ve covered hundreds of stories about the metaverse this year. Here are three of the most recent headlines from the metaverse.

First, on November 7, 2022, Japan’s largest bank, MUFG, partnered with ANA Holdings to enter ANA’s upcoming GranWhale metaverse. The metaverse is expected to launch sometime in 2023 and will allow users to explore 3D worlds and browse stores using their avatars.

Subsequently, FIFA agreed to a multi-year deal with the Upland metaverse to launch a suite of Web3 apps and games ahead of the 2022 World Cup in Qatar. The Upland metaverse is linked to the real world, such as Qatar’s Lusail Stadium and other real-world venues where World Cup matches are played.

Finally, Tuvalu’s foreign minister told the COP27 climate summit that the small island nation wants to preserve its culture and history in the metaverse. Simon Kofe, Tuvalu’s foreign minister, said that whatever happens to the country’s physical territory, which is threatened by climate change, the country will preserve its customs and culture in the cloud.

Even as the crypto bear market continues, the amount of building going on in the metaverse is something to behold. We’ll have to wait until December 2 to see if “Metaverse” becomes OUP’s Word of the Year. But given the amount of activity we’ve seen in space lately, we think there’s a good chance it will.

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