This vid is the Q&A Session from today’s Live Stream. Want to watch the Live Stream?
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Facebook, WhatsApp, and Instagram Create a Metaverse
In the world of virtual reality, a Metaverse is where you can explore, build, and interact with AI avatars. These avatars are akin to real-life friends, and players can form relationships and invite them to their own virtual world. Metaverse games will be rich in entertainment, with play-to-earn opportunities. In addition to selling their items for cryptocurrencies, gamers can participate in profitable activities. Some of these activities will include real-world collaborations with major artists. Other benefits of using the Metaverse include being able to access the shared world on the Internet and having their own personal avatar.
The metaverse is predicted to be one of the hottest trends of the next few years, according to Mark Shmulik, a Bernstein Internet analyst. He believes the metaverse will include entertainment, communication, and commerce. The field is still largely unexplored, and the metaverse will prove to be a contested arena for big tech companies and decentralized virtual worlds. However, the hype surrounding this new technology is well worth following.
Among the major companies that have jumped into the metaverse space are Facebook, WhatsApp, and Instagram. These three companies have all rebranded themselves Meta in the past year. Mark Zuckerberg announced plans to create a digital space that allows people to work, communicate, and relax. The technology is still in its early stages, but many people in Silicon Valley believe it will be the next big thing in modern technology. So, the question is, how will the company capitalize on this?