This vid is the Q&A Session from today’s Live Stream. Want to watch the Live Stream?
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Facebook Rebranding Itself As Meta
The Metaverse is a new world of virtual reality where users own their own virtual land and can play games for money. There are several popular metaverses such as Decentraland, Axie Infinity and SecondLive. These platforms are built on the Ethereum blockchain, and Axies are non-fungible tokens that can be formed from over 500 body parts. They can breed with other Axies, and their offspring can be sold on the platform.
Facebook recently announced that it would be rebranding itself as Meta, and will be focusing more on building out the Metaverse than traditional social media. This move has created a lot of excitement and investors are rushing to buy into the Metaverse. However, there are some concerns about the future of the Metaverse.
The Metaverse is a futuristic world that allows users to make friends with AI avatars and engage in various activities. Users can also purchase land and buildings using crypto, and even create their own avatars. These virtual worlds can be shared with friends, where they can buy goods and attend events. As a technology, the Metaverse is an extremely interesting concept.
There are several companies that have invested in the Metaverse. Some of these include Microsoft, which developed its own products like Microsoft Flight Simulator and bought top game firms like the Elder Scrolls and Fallout. Another notable game that has become popular in the metaverse is Minecraft, which is an example of a creator economy. Microsoft has also invested in Microsoft Teams, a chat and conferencing application, which could pave the way for immersive workplace communication.
