The metaverse is happening without Meta's permission By Cointelegraph

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The metaverse is happening without Meta's permission

Cryptocurrency Nov 30, 2022 10:00PM ET

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The metaverse is happening without Meta's permission

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In changing the name of its parent company to Meta, Facebook (NASDAQ:META) put a stake in the ground: It would be the symbol of the evolution of the internet, the metaverse. Whether we liked it or not.

According to Meta, the metaverse is “a set of digital spaces to socialize, learn, play and more.” Its first true attempt came in the form of Horizon Worlds, a virtual reality universe so lifeless and devoid of content that it has people asking if the metaverse is a step forward or backward.

Empty 3D world with large digital billboards with ads on them, digital art, Y2K aesthetic. Source: DALL-E

A futuristic green city being painted by a brush held by an artist, digital art. Source: DALL-E

Alex Herrity is co-founder of Anima, a protocol for ownable, dynamic augmented reality. Prior to Anima, he built products and games used by billions of people with companies like Epic Games, HBO and his former startup Ultravisual, which was acquired by Flipboard.

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US 30	33,910.0	-143.9	-0.42%
US 500	4,134.3	-45.5	-1.09%
Dow Jones	33,926.01	-127.93	-0.38%
S&P 500	4,136.48	-43.28	-1.04%
Nasdaq	12,006.96	-193.86	-1.59%
S&P 500 VIX	18.33	-0.40	-2.14%
Dollar Index	102.823	+1.248	+1.23%

Crude Oil WTI	73.23	-2.65	-3.49%
Brent Oil	79.82	-2.35	-2.86%
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Silver	22.390	-1.225	-5.19%
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U.S. 30Y	3.616	+-0.011	+-0.31%
U.S. 5Y	3.6520	+-0.0140	+-0.38%
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Apple	154.50	+3.68	+2.44%
Alphabet A	104.78	-2.96	-2.75%
Tesla	189.98	+1.71	+0.91%
Amazon.com	103.39	-9.52	-8.43%
Netflix	365.90	-0.99	-0.27%
Meta Platforms	186.53	-2.24	-1.19%
Bank of America	36.43	+0.30	+0.83%

The metaverse is happening without Meta's permission

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