Which term refers to a live digital event hosted in a virtual world with multimedia formats?

The term that refers to a live digital event hosted in a virtual world with multimedia formats is effectively described as a virtual event. This encompasses various digital experiences where participants interact in an online environment, often integrating elements like video, audio, and interactive components. Virtual events can replicate the experience of in-person gatherings but do so within digital platforms, allowing for a more immersive experience.

In this context, a virtual event is characterized by its capability to host attendees from diverse locations simultaneously, utilizing technologies that support a wide range of multimedia formats. This includes components like live video streams, chat functions, and interactive presentations, enabling a rich and engaging participant experience.

While webinars focus more on presentations with limited audience interaction, and simulated live events are typically pre-recorded content that is presented as if it is live, the broader concept of a virtual event encompasses a wide array of live and interactive components. Similarly, a digital conference is a narrower term that usually refers to a larger gathering focused on specific topics, but it may not always emphasize the immersive virtual world experience that a virtual event does. Therefore, the best-fitting term in this scenario is indeed virtual event.