Tiny Caribbean island nation Barbados will establish what it says will be the first diplomatic embassy in the metaverse — the world's first virtual reality embassy.

The Caribbean nation has signed a deal with metaverse platform Decentraland.

Barbados has signed an agreement on November 14 with Decentraland, one of the largest and most popular crypto-powered digital worlds, to “outline the baseline development elements for its metaverse embassy.”

Ever since the social media giant Facebook renamed its parent company “Meta,”, the concept of Metaverse has become a hot buzzword for the future of the internet. The term “metaverse” was coined by author Neal Stephenson in his 1992 science-fiction novel Snow Crash.