Technology

The metaverse is still the next big thing, Meta insists

  • 30. Mar 2023. 8:56
  • By The EU Times
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The virtual world of the metaverse is still seen as the next big thing by the company Meta, which is the latest iteration of the virtual reality company Linden Lab, which created the world-renowned game Second Life.

The company insists that the metaverse is more than just a game—it's a way of life, a place where people can connect and interact with each other, and a platform where businesses can be conducted and virtual goods bought and sold.

In a recent interview, Meta CEO Ebbe Altberg said that the metaverse is growing rapidly and has the potential to be a major part of the global economy. He said that the metaverse provides a unique opportunity for “people to socialize, create, make money, play games, and so much more.”

Altberg also said that the metaverse is a “hugely profitable” platform for businesses, and that it's already seeing a surge in popularity. He believes that the metaverse could eventually become a platform for digital commerce, as well as a way for people to conduct meetings and do business from anywhere in the world.

Altberg also noted that the metaverse has the potential to become an “interactive 3D world” that could be used to host virtual events, concerts, conferences, and more. Altberg believes that the metaverse could eventually become a platform that could be used to host entire economies, with its own virtual currency, and could even be used to create virtual cities.

Meta is currently working on expanding the metaverse, with plans to add new features and content in the near future. The company also recently raised $50 million in venture capital funding to help further develop the metaverse.

It's clear that Meta believes that the metaverse is the next big thing, and they're investing heavily in its future. Only time will tell if their vision of the metaverse will come to fruition, but it's clear that the company is committed to making it happen.