Parareal is a term coined by HIKKY, combining “parallel universe” and “real,” meant to convey an existence paralleling the real world with the metaverse. The Parareal World Project aims to redefine cities of the real world in the Metaverse to propose an alternate environment synergizing the real world and the Metaverse. HIKKY is working to redefine 100 cities, from around the globe, in the Metaverse to provide Parareal Cities in which all people can live out their lives as they wish.
Refer to this link for details of the “Open Metaverse.”