GLOSSARY OF TERMS

As defined by Keisha Oleaga, Managing Editor of Hypemoon. For more news about Mixed Reality, NFTs, and Web3, visit hypemoon.com

Artificial Intelligence

Artificial Intelligence (AI) is the ability for machines to think, learn, and act on their own, based on the data they’ve been programmed with. AI is a creative tool that can help us understand the world, make better decisions and create an environment where machines and humans can work together to solve problems.

Augmented Reality

Augmented Reality (AR) is a technology that merges digital components with the physical world. It uses advanced sensors to detect objects, people, and environmental scenes. It can then display digital elements that interact with these physical elements. AR can create entirely new experiences and has the potential to revolutionize how we interact with the world.

Digital Fashion

Digital Fashion is clothing, footwear and accessories designed and created using computer technology. Digital fashion is often visualized through AR and can range from everyday wear to futuristic couture. Digital wearable technology is also part of digital fashion as users can now customize and incorporate their favorite fashion trends into the virtual world.

IRL

IRL stands for “in real life.” It is used to refer to activities or events that take place outside of the digital world.

Metaverse

The metaverse is an expansive, interconnected ecosystem made of a multitude of distinct digital environments. It is a shared digital space where users can explore, interact, create, and socialize with one another. It is a merge of both augmented and virtual realities, and artificial intelligence and provides an unprecedented level of interactivity and immersion.

NFT

Non-Fungible Tokens (NFTs) are digital assets stored and managed on a blockchain. They are unique, non-interchangeable, and can represent digital art, collectibles, game assets, or other forms of digital goods.

Phygital

‘Phygital’ describes the blending of physical and digital realities. It's the concept of a physical world being enhanced by the digital one, resulting in a more interactive, engaging and personalized experience. Phygital brings together the best of both physical and digital experiences, combining the convenience of digital worlds with the human touch of physical worlds.

Skins

Skins are digital items used to customize the appearance of a character or object. They are used for games, digital avatars, and other digital assets. They can be purchased with real money or digital assets.

URL

URL, in its traditional context, signifies a web address of “Uniform Resource Locator”. Now, the term has been playfully subversed to mean the opposite of IRL or an activity that takes place inside of the digital world.

Virtual Avatar

A virtual avatar (also known as a digital twin) is a URL representation of a person used to interact with others in a virtual world. Avatars can be customized to suit the user’s identity. They can play games, explore virtual worlds, or socialize with other users.

Virtual Reality

Virtual Reality (VR) is an interactive, computer-generated simulation of an environment or situation created using computer graphics and sound. It can be experienced using specialized equipment such as a headset and is used to create immersive, interactive experiences.

Web3

Web3 is the next generation of the internet, a decentralized internet of value and data where users can interact directly with each other without the need for intermediaries and central authorities. It enables the secure and trustless exchange of value and data globally. It is built on a foundation of decentralization and blockchain technology.

GLOSSARY OF INDEX

As defined by Keisha Oleaga, Managing Editor of Hypemoon. For more news about Mixed Reality, NFTs, and Web3, visit hypemoon.com

CHOOSE DEFINITION

AUGMENTED REALITY

Augmented Reality (AR) is a technology that merges digital components with the physical world. It uses advanced sensors to detect objects, people, and environmental scenes. It can then display digital elements that interact with these physical elements. AR can create entirely new experiences and has the potential to revolutionize how we interact with the world.

Artificial Intelligence

Artificial Intelligence (AI) is the ability for machines to think, learn, and act on their own, based on the data they’ve been programmed with. AI is a creative tool that can help us understand the world, make better decisions and create an environment where machines and humans can work together to solve problems.

Digital Fashion

Digital Fashion is clothing, footwear and accessories designed and created using computer technology. Digital fashion is often visualized through AR  and can range from everyday wear to futuristic couture. Digital wearable technology is also part of digital fashion as users can now customize and incorporate their favorite fashion trends into the virtual world. 

IRL

IRL stands for “in real life.” It is used to refer to activities or events that take place outside of the digital world.

Metaverse

The metaverse is an expansive, interconnected ecosystem made of a multitude of distinct digital environments. It is a shared digital space where users can explore, interact, create, and socialize with one another. It is a merge of both augmented and virtual realities, and artificial intelligence and provides an unprecedented level of interactivity and immersion.

NFT

Non-Fungible Tokens (NFTs) are digital assets stored and managed on a blockchain. They are unique, non-interchangeable, and can represent digital art, collectibles, game assets, or other forms of digital goods.

Phygital

‘Phygital’ describes the blending of physical and digital realities. It's the concept of a physical world being enhanced by the digital one, resulting in a more interactive, engaging and personalized experience. Phygital brings together the best of both physical and digital experiences, combining the convenience of digital worlds with the human touch of physical worlds.

URL

URL, in its traditional context, signifies a web address of “Uniform Resource Locator”. Now, the term has been playfully subversed to mean the opposite of IRL or an activity that takes place inside of the digital world. 

SKINS

Skins are digital items used to customize the appearance of a character or object. They are used for games, digital avatars, and other digital assets. They can be purchased with real money or digital assets.

VIRTUAL AVATAR

A virtual avatar is a digital representation of a person used to interact with others in a virtual world. Avatars can be customized to suit the user’s identity. They can play games, explore virtual worlds, or socialize with other users.

VIRTUAL REALITY

Virtual Reality (VR) is an interactive, computer-generated simulation of an environment or situation created using computer graphics and sound. It can be experienced using specialized equipment such as a headset and is used to create immersive, interactive experiences.

WEB3

Web3 is the next generation of the internet, a decentralized internet of value and data where users can interact directly with each other without the need for intermediaries and central authorities. It enables the secure and trustless exchange of value and data globally. It is built on a foundation of decentralization and blockchain technology.