Nvidia CEO: “We’re on the verge of a blockchain and NFT-enabled metaverse”

One of the most powerful men in tech thinks that the Metaverse — a term for a series of interlinked, persistent virtual worlds with self-contained economies — is just around the corner.

One of the most exciting use cases for blockchain and nonfungible tokens, enthusiasts inspired by Neal Stephenson’s Snow Crash have long been hoping for a VR/AR world with a crypto-powered internal market. Now, however, Nvidia CEO Jensen Huang thinks the technology to make it happen is on our doorstep.

Speaking at the virtual Computex conference, Huang said that he “believe(s) we’re right on the cusp of” the Metaverse and spoke glowingly of its potential, according to a transcript of a Q&A session he had with reporters — going as far as to say that users will one day use metaverses to “simulate the future.”

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