The concept of the metaverse is quickly becoming a buzzword in technology and business. Facebook, under fire from regulators and lawmakers over its business practices, is planning to re-brand itself with a new name that focuses on the metaverse . Metaverse is a broad term. It generally refers to shared virtual world environments which people can access via the internet. The term can refer to digital spaces which are made more lifelike by the use of virtual reality (VR) or augmented reality. Is metaverse the new gaming world?