Tech companies aiming to build the new virtual communities known as metaverses will first have to master all aspects of videogaming and potentially pursue acquisitions, according to Michael Wolf, co-founder and chief executive of consulting firm Activate Inc.

Metaverses are emerging as possibly the next dominant innovation altering how people interact online and in person, and “videogames are morphing into metaverse platforms,” Mr. Wolf said Wednesday at The Wall Street Journal’s Tech Live conference.

This post first appeared on wsj.com

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