Metaverse Technology is a term for describing the hardware and software driving the immerging i3D(3D Internet). Interactive media applications and resources that enable businesses to facilitate their marketing objectives, enhance their communication and collaboration capabilities, and take full advantage of the of the new 3D v-commerce(virtual commerce) environment. 

Efforts in the online virtual world know as Second Life, the most prolific i3D platform in the world, are proceeding rapidly. Applications that tackle fundamental market needs of improving the interconnections between the existing World Wide Web and i3D are developed, and this foundation will provide expansive opportunities for a wide variety of future application innovation. This also means that i3D applications can be easily extended to alternative i3D platforms other then Second Life, if so required.