Facebook changed its name to Meta universe pioneer: eager to catch the popularity of Meta universe

In the morning news on November 2nd, Beijing time, it was reported that Meta Universe Pioneer criticized Facebook’s name change, saying that it was not an original creation of Facebook, and that the latter was reusing this increasingly popular concept. Metaverse has become a buzzword in the technology industry this year, and companies and investors are eager to see it as the next major trend. But in reality, users have been spending time in these fast-growing but little-known virtual worlds for many years.

Facebook changed its name to Meta universe pioneer: eager to catch the popularity of Meta universe

“They actually want to build what many of us have been building for years, but after the name change, it seems to be their own thing.” American Ryan Kapel (Ryan Kapel) said, he has been building for more than two years. Organized many gatherings in different meta-universes.

Facebook has not yet commented on this.

Facebook announced on Thursday that it was renamed Meta and elaborated on its plan to build its own immersive digital world. At this time, many legislators and regulators criticized the company for abusing its market position, algorithmic decisions and policies.

In the virtual world, users can walk around in avatars, chat with friends, and play games. Some of these blockchain-based services also allow users to speculate on virtual real estate.

“I think Facebook changed its name early to ensure the legitimacy of the new registered trademark as soon as possible. After all, more and more brands are interested in it.” British cryptocurrency investor Pranksy said that he started as early as 2020. Buy virtual real estate.

Arthur Sychov, who founded Metaverse Somnium Space in 2017, said that Facebook CEO Mark Zuckerberg’s announcement of the name change feels “very hastily… anxious to squeeze yourself into what’s happening right now. In the meta-universe narrative.”

Sisov spends up to 5 hours on Somnium Space every day, and the platform has 1,000 to 2,000 daily active users.

Dave Carr, head of communication for the virtual world Decentraland, said that Facebook’s move may be resisted by other meta-universe users because they worry about the company’s control over content.

“Those who want to determine the future of their virtual world, want to maintain ownership of their creations, and want to move freely in different spaces, will choose the decentralized version.” He believes that Decentraland is a decentralized version. A meta-universe, and Facebook’s plan is like a centralized meta-universe.

Decentraland was founded in 2017 and currently has approximately 7,000 daily active users. The company sees itself as an alternative to traditional social media platforms, does not sell user data, and does not control what users see.

Many existing Metaverse platforms are based on blockchain technology, so they cannot achieve central control. Blockchain is a distributed ledger architecture that is commonly used in the field of cryptocurrency. In these virtual worlds, people will use cryptocurrency to purchase land and other digital goods in the form of non-fungible tokens (NFT).

But the meta-universe pioneers are not completely negative about the Facebook renaming. Some people believe that Facebook’s entry will increase people’s interest in the concept of virtual worlds, attract more users, and support the development of many virtual worlds.

Tristan Littlefiled, the co-founder of NFT company nft42, was a Metaverse user in 2018. His first reaction to Facebook’s decision to change its name was also very negative because he didn’t like the company’s behavior of selling user data.

But he also believes that “it is indeed a good thing to have giants like Facebook step in and invest huge amounts of money…” because it will attract new people to the entire industry.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/facebook-changed-its-name-to-meta-universe-pioneer-eager-to-catch-the-popularity-of-meta-universe/
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