So, what exactly is the Metaverse? "The Metaverse is that convergence of physical, augmented, and virtual realities online," Stephanie Humphrey, technology and lifestyle expert, told Cheddar, pointing to the at-home experience of a Peloton user as an example and to the massively successful online game Fortnite. She also talked about how big tech companies like Facebook look to capitalize on the concept to become a major player in the space.