The Chinese metaverse expansion is taking over the country\u2019s market despite recent warnings from the authorities. Earlier today, China\u2019s leading internet company, Baidu noted that it had registered its metaverse trademark. Furthermore, Baidu also shared a glimpse of its Metaverse world, Xi\u2019rang. Chinese Internet giant Baidu's #Metaverse world: Xi'rang pic.twitter.com\/nAKVr7UmNu \u2014 8BTCnews (@btcinchina) December 20, 2021 Apart from Baidu, eminent players in the Chinese internet industry also registered to acquire their respective metaverse trademarks. Big names including NetEase Global, Alibaba , TENCENT, and Bytedance \u2013\u00a0TikTok\u2019s parent company have applied for metaverse trademarks, according to a tweet from Chinese insider 8BTC.\u00a0 Chinese Internet giant @NetEase_Global applied for trademarks related to #Metaverse . Earlier, big names like Baidu, #Alibaba , #TENCENT and Bytedance ( #TikTok parent company) all have applied for metaverse trademarks. \u2014 8BTCnews (@btcinchina) December 20, 2021 While metaverse is rapidly becoming the new internet frenzy, the authoritative government of China is now looking to extend its crypto ban to metaverse as well. Last week, the Chinese state media had issued a warning against the metaverse and cloud mining scams in lieu of the misuse of Metaverse terms by many\u00a0scammers to lure more people. Metaverse could be the next big thing Since Facebook rebranded itself to Meta, the decentralised industry across the globe is excited yet confused about this exclusive virtual experience and how it will work. \u201cThe term \u201cmetaverse\u201d is made up of the prefix \u201cmeta\u201d (meaning beyond) and the stem \u201cverse\u201d (a back-formation from \u201cuniverse\u201d). It is most commonly used to describe the future iteration of the internet, which will be made up of permanent, shared, 3D virtual spaces linked into a perceived virtual universe.\u201d Last month, a\u00a0Grayscale research report\u00a0noted that the number of Metaverse users rose by 10X in the period of just one and a half year. Furthermore, the report predicted at if metaverse continued to grow at this speed then it will most likely become a trillion-dollar industry by next year. Additionally, according to Grayscale\u2019s report, Metaverse has the potential to become\u00a0the key to Web 3.0, comparing it to Facebook\u2019s role in Web 2.0. \u201cThe Web 2.0 mobile internet changed how, where, when, and why we used the internet. In turn, this changed the products, services, and companies we used, which changed our business models, culture, and politics \u2013 the Web 3.0 Metaverse has the potential to do the same.\u201d The post Just-in: China\u2019s Internet giant Baidu registers its Metaverse trademark appeared first on CoinGape.