Will Facebook’s entry into the meta universe threaten Ethereum?

Facebook’s latest earnings conference call shows that the social media giant is fully committed to the metaverse, which is a wake-up call for those of us who are building and using the “underground” metaverse.

The “underground” metaverse I refer to is an open virtual world driven by users and communities, and the Metaverse™ described by Facebook will undoubtedly be closed and isolated, and will ultimately be subject to Mark Zuckerberg So it’s actually not a real meta-universe.

Will Facebook's entry into the meta universe threaten Ethereum?

“Ethereum will become the property system of Metaverse, unless you want to bow to Facebook.”

Having said that, the Ethereum virtual world project group is not the only meaningful project in the underground meta-universe, but the shared and neutral economic infrastructure (Ethereum, NFT, etc.) of this group provides the possibility of interoperability. It provides us with one of the best options for connecting to the wider meta-universe and avoiding the centralized domination of Facebook.

Therefore, I think the name of the game now is to connect metagalaxies through Ethereum before Facebook gains too much meta-universe power. Allow me to explain.

Connecting metagalaxies

One of the meta-universe masters I like to follow is Jin, a knowledgeable VR/AR expert who is currently building the Webaverse project.

Will Facebook's entry into the meta universe threaten Ethereum?

“Streets” in Webaverse

This weekend, when Jin posted a great Metaverse resource repository on Twitter, I entered this rabbit hole without hesitation and browsed for a few hours.

Will Facebook's entry into the meta universe threaten Ethereum?

I finally stumbled back to the original post and found a speech entitled “Solipsis: Decentralized Architecture of Virtual Environments”, which was written by a group of researchers in 2008 (by the meta-universe pioneer Will Burns drafted), this speech provides the most insightful meta-universe framework, that is, the meta-universe is basically composed of content, meta-worlds, and metagalaxies.

Will Facebook's entry into the meta universe threaten Ethereum?

Concept proposed by Burns & Frey et al. in 2008

Will Facebook's entry into the meta universe threaten Ethereum?

“Virtual world = single VR space (e.g. Fortnite)

Metagalaxie = a set of interconnected VR worlds (such as Cryptovoxels, Decentraland, Somnium Space, Webaverse)

Metaverse = The universe composed of meta galaxies. One day, people can easily browse this virtual universe through the browser/UI interface. “

In this way, we can easily understand Ethereum-based VR projects, such as Cryptovoxels, Decentraland, etc., which are all part of the same “meta galaxy”. What’s next? How do we move from different meta galaxies to a network of interconnected meta galaxies, the meta universe?

Will Facebook's entry into the meta universe threaten Ethereum?

Concept proposed by Burns & Frey et al. in 2008

In the above introduction, Will Burns stated that to make the meta-universe a reality, a set of “protocols that provide interoperability” is needed.

About 15 years later, as Ethereum and NFT flourish and open up new trajectories for digital ownership, in my opinion, these technologies are clearly economic and cultural interoperability agreements that can help interconnect elements in unprecedented ways. galaxy.

What is my main point of view on all this? We now have the 21st century tools needed to build a true meta-universe. It will be a meta-universe built by people and serving people, and not directly controlled by corporate giants such as Facebook.

Since Ethereum and NFT are neutral technologies, the sooner we expand them to other meta galaxies to facilitate interconnection, the more likely we will be able to withstand the invasion of Facebook and provide powerful meta-universe users and communities in the coming decades. support!

Will Facebook's entry into the meta universe threaten Ethereum?

“AAVE founder stani: Instead of building a closed meta-universe on Facebook, it is better to build an open-source meta-universe owned and managed by users.”

 

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/will-facebooks-entry-into-the-meta-universe-threaten-ethereum/
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