Metaverse – How Facebook is Creating New Virtual Universe?

What Is Metaverse?

The term Metaverse describes cyberspace that stands parallel to real life. In simple words, it is a place where people can use different personas and interact with each other. The concept is a fairly new concept introduced by Neal Stephenson in the year 1992. His science fiction novel,  ‘Snow Crash,’ was the first to discuss the concept of Metaverse.

Metaverse is an augmented reality shared by multiple people online. There are multiple video games that use the metaverse concept in the story of their video games, and allow people to connect with each other. Other social media platforms, such as Facebook, are also looking into the concept of metaverse, and how they can make use of it.

How Is Facebook Creating A New Virtual Universe?

The CEO of Facebook, Mark Zuckerberg, talked about how he is ambitious to start working on the metaverse. According to him, Facebook is set to transform into a platform that gives users a maximalist and interconnected experiences. Mark wants to converge different themes and develop a bigger idea that will cater to all sorts of audience. Zuckerberg thinks of the metaverse as embodied internet that is not owned by a single company but will run off its own accord in a decentralized way.

Facebook has taken the initial steps to ease into the Metaverse by rebranding itself as Meta. Zuckerberg has high hopes from the virtual universe and talks about how it will create several job opportunities. Mark wants Facebook to evolve into a company that is a lot more than a social media brand. He wants Facebook to keep up with all the things the company is doing including the VR platforms it is introducing.

Despite the rebranding and introduction of the universe, Mark Zuckerburg wants the social media platforms such as Instagram, WhatsApp, and Facebook messenger to be the same way they are at the moment. Experts talk about the Metaverse as the next ‘Mobile Internet’, and many companies will work on it to bring an advanced user experience for their audience. At present the internet shows you the virtual world from the outside in. With the help of the Metaverse you will be able to see the virtual world as if you are living inside it.

The Metaverse can be multifaceted, where it moves on to deal with two different concepts. That includes a block-chain platform that uses NFTs and Crypto currencies to purchase and sell environments based entirely on virtual reality.

Moreover, we can use it as a virtual platform where users can make a persona and connect with their friends and the rest of the world. Facebook on one hand is focusing solely on creating this face of the metaverse for their next update.

Critics are talking about how Facebook is playing it safe by introducing a new update amidst rising controversy.