Why Ethereum’s Vitalik Buterin Says Corporates’ Metaverse Efforts…

Why Ethereum’s Vitalik Buterin Says Corporates’ Metaverse Efforts…

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ether ETH/USD co-founder Vitalik Buterin took to Twitter on Saturday to offer his views on the Metaverse, which is often touted as the “next big thing” in technology.

What happened: Buterin indicated that he believes the metaverse will become a reality. Any of the existing company attempts to intentionally create a metaverse could be unsuccessful, he hinted.

His thoughts came by as a quote tweet of a thread tweet Blockchain Auditors Dean Eigenmann, who also seems to think that the metaverse, its ideas and concepts make sense.

“But I still don’t think that’s going to happen the way VCs are currently funding,” he said. “I’d rather hang out in World of Warcraft than half that ‘Metaverse’ crap.”

Eigenmann, who describes himself as a former intense gamer, noted that most of these VCs have never played a video game and said that reflects that.

Related link: HOW TO INVEST IN THE METAVERSE

Too early to define metaverse: One Twitter user suggested that the barrier to entry for the metaverse is a “bleeding-edge piece of evolving research hardware that creates a rare instance of a necessary condition that favors large incumbents.” He added that without Quest 2, the idea would not be up for discussion.

By the way, search 2 is MetaPlatforms, Inc META the latest iteration of its virtual reality headset.

Also read: Elon Musk says it’s time to move away from this category of cars, here’s why

In response, Buterin said his critique of the metaverse goes deeper than just defining the concept

“It’s like we don’t really know the definition of ‘metaverse’ yet, it’s way too early to know what people actually want,” he said ether co-founder said. “So anything Facebook creates now is going to fail.”

By the way metas Mark Zuckerberg said on the company’s conference call last week that he sees it metaverse as “huge opportunity” for many reasons. The development of Metaverse platforms will “unleash hundreds of billions of dollars, if not trillions over…



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