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RIP Metaverse🪦 Meta is quietly dialing down its metaverse ambitions after nearly $90 billion in losses and weak user traction. But Metaverse was supposed to be the next big thing in tech. So, what went wrong? Rachna Dhanrajani explains #Meta #Metaverse

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CNBC-TV18

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12,060 просмотров • 6 месяцев назад •via X (Twitter)

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Five years after changing its entire company name to Meta, Mark Zuckerberg is shutting down the VR metaverse.😏 Horizon Worlds will be completely removed from VR headsets this June after the project racked up nearly $80 billion in total losses. ​Is this the biggest corporate financial disaster of our lifetime?
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Five years after changing its entire company name to Meta, Mark Zuckerberg is shutting down the VR metaverse.😏 Horizon Worlds will be completely removed from VR headsets this June after the project racked up nearly $80 billion in total losses. ​Is this the biggest corporate financial disaster of our lifetime?

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Exciting new find in the #Metaverse space! NetVRk is launching its Alpha on October 25th, 2024! They’re calling it the 1st real Metaverse—definitely one to keep an eye on. 👀 Expect AI NPCs, Play-to-Earn (P2E), and immersive 3D content! With the meta-market projected to grow at a 38%+ CAGR this year, the metaverse narrative could make its big return. 🚀 Check out their hype trailer below 👇
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Exciting new find in the #Metaverse space! NetVRk is launching its Alpha on October 25th, 2024! They’re calling it the 1st real Metaverse—definitely one to keep an eye on. 👀 Expect AI NPCs, Play-to-Earn (P2E), and immersive 3D content! With the meta-market projected to grow at a 38%+ CAGR this year, the metaverse narrative could make its big return. 🚀 Check out their hype trailer below 👇

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🚀 The Metaverse – The Next Version of the Internet? Recently, in a special AMA hosted by Binance, Maye Musk, CZ (Binance), Helen Hai (Binance NFT), and Vitaliy Tyan (USM Metaverse) discussed the Metaverse, NFTs, and how blockchain is shaping the future. Here are the key takeaways! 👇 🔹 What is the Metaverse & Why Does It Matter? 🔸 CZ (Binance): The Metaverse is a virtual space where people can express themselves and interact in ways that may not be possible in the real world. It represents a major leap in digital technology. 🔸 Helen Hai (Binance NFT): The Metaverse is a virtual shared space created by the convergence of virtual reality (VR), augmented reality (AR), and the Internet. It creates new opportunities for artists, content creators, and users worldwide. 🔸 Vitaliy Tyan (USM Metaverse): The Metaverse is not just a space for entertainment, but also a hub for education, business, and creativity. It enables people to learn, communicate, and develop skills beyond physical limitations. 🔸 Maye Musk: Even in my 70s, I love exploring new technology. From websites to social media and now the Metaverse – I want to stay ahead of the curve! 💡 The Metaverse is more than just a trend—it’s a digital environment that could redefine how we work, play, and learn. 🔹 NFTs – The Future of Digital Ownership? 🎨 Maye Musk Mystery Box NFT: · A special NFT collection launched on Binance NFT Marketplace. · Designed to support humanitarian & creative projects. · Aim: Expand brand awareness & encourage women to participate in blockchain & the Metaverse. 💎 CZ (Binance): · NFTs are not just digital art; they also secure digital ownership in the Metaverse. · The transparency of blockchain ensures that NFTs hold real-world value 💰 Vitaliy Tyan (USM Metaverse): · NFTs provide various benefits in the Metaverse, such as virtual land ownership, rare collectibles, and special privileges. · For example: Owning a Maye Musk NFT might grant you land or exclusive assets in USM Metaverse. 📈 Helen Hai (Binance NFT): · NFTs are not just assets; they also serve as tools for charity, education, and art. · The combination of NFTs & the Metaverse is revolutionizing how people earn, create, and engage. 💡NFTs go beyond collectibles—they’re the foundation of a decentralized, transparent, and sustainable digital economy. 🔹 Blockchain & the Metaverse – A Perfect Match? 🔸 CZ (Binance): · Without blockchain, the Metaverse is just another virtual world. · Blockchain ensures ownership, transparency, and real-world value for digital assets. · Example: NFTs allow users to trade digital goods independently of any single platform. 🔸 Vitaliy Tyan (USM Metaverse): · Play-to-Earn (P2E) games, like Axie Infinity, are proof that blockchain can create real economic value within the Metaverse. 💡Blockchain doesn’t just make the Metaverse valuable it makes it sustainable, secure, and fair. 🔹 The Role of Women in the Metaverse & Blockchain 🌍 Maye Musk: · The Metaverse is a great opportunity for women to express themselves & build communities. · Women must support each other to gain a stronger voice in tech & business. 🚀 Vitaliy Tyan: · The Metaverse breaks down cultural barriers, making it easier for women to access opportunities in technology. 💡 Blockchain & the Metaverse can reduce gender inequality & create a more inclusive digital economy. 🔹 Metaverse & Charity – Technology for Good 🎗️ Helen Hai (Binance Charity): · NFTs & the Metaverse can be leveraged for charitable causes. · Example: Binance NFT has partnered with artists to donate proceeds to global charities. 💚 Maye Musk: · My son’s "Big Green" project has helped thousands of children access fresh food. · The Metaverse can expand charitable efforts by ensuring transparency & real impact. 💡 The Metaverse isn’t just for profit it can also help society, education & humanitarian efforts. 🔹 Future Predictions: Is the Metaverse the Future of the Internet? ✅ The Metaverse will become a key platform, transforming how we work & socialize. ✅ NFTs & blockchain will provide real economic value within virtual worlds. ✅ More women in leadership will help shape a diverse & fair Metaverse. ✅ Charity & education will benefit greatly from blockchain-powered Metaverse projects. 💬 What do you think about the Metaverse & NFTs? Are they the future of the Internet? Let’s discuss! 🚀👇 #Metaverse #NFT #Blockchain #RACA #USMMetaverse #Binance #MayeMusk
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🚀 The Metaverse – The Next Version of the Internet? Recently, in a special AMA hosted by Binance, Maye Musk, CZ (Binance), Helen Hai (Binance NFT), and Vitaliy Tyan (USM Metaverse) discussed the Metaverse, NFTs, and how blockchain is shaping the future. Here are the key takeaways! 👇 🔹 What is the Metaverse & Why Does It Matter? 🔸 CZ (Binance): The Metaverse is a virtual space where people can express themselves and interact in ways that may not be possible in the real world. It represents a major leap in digital technology. 🔸 Helen Hai (Binance NFT): The Metaverse is a virtual shared space created by the convergence of virtual reality (VR), augmented reality (AR), and the Internet. It creates new opportunities for artists, content creators, and users worldwide. 🔸 Vitaliy Tyan (USM Metaverse): The Metaverse is not just a space for entertainment, but also a hub for education, business, and creativity. It enables people to learn, communicate, and develop skills beyond physical limitations. 🔸 Maye Musk: Even in my 70s, I love exploring new technology. From websites to social media and now the Metaverse – I want to stay ahead of the curve! 💡 The Metaverse is more than just a trend—it’s a digital environment that could redefine how we work, play, and learn. 🔹 NFTs – The Future of Digital Ownership? 🎨 Maye Musk Mystery Box NFT: · A special NFT collection launched on Binance NFT Marketplace. · Designed to support humanitarian & creative projects. · Aim: Expand brand awareness & encourage women to participate in blockchain & the Metaverse. 💎 CZ (Binance): · NFTs are not just digital art; they also secure digital ownership in the Metaverse. · The transparency of blockchain ensures that NFTs hold real-world value 💰 Vitaliy Tyan (USM Metaverse): · NFTs provide various benefits in the Metaverse, such as virtual land ownership, rare collectibles, and special privileges. · For example: Owning a Maye Musk NFT might grant you land or exclusive assets in USM Metaverse. 📈 Helen Hai (Binance NFT): · NFTs are not just assets; they also serve as tools for charity, education, and art. · The combination of NFTs & the Metaverse is revolutionizing how people earn, create, and engage. 💡NFTs go beyond collectibles—they’re the foundation of a decentralized, transparent, and sustainable digital economy. 🔹 Blockchain & the Metaverse – A Perfect Match? 🔸 CZ (Binance): · Without blockchain, the Metaverse is just another virtual world. · Blockchain ensures ownership, transparency, and real-world value for digital assets. · Example: NFTs allow users to trade digital goods independently of any single platform. 🔸 Vitaliy Tyan (USM Metaverse): · Play-to-Earn (P2E) games, like Axie Infinity, are proof that blockchain can create real economic value within the Metaverse. 💡Blockchain doesn’t just make the Metaverse valuable it makes it sustainable, secure, and fair. 🔹 The Role of Women in the Metaverse & Blockchain 🌍 Maye Musk: · The Metaverse is a great opportunity for women to express themselves & build communities. · Women must support each other to gain a stronger voice in tech & business. 🚀 Vitaliy Tyan: · The Metaverse breaks down cultural barriers, making it easier for women to access opportunities in technology. 💡 Blockchain & the Metaverse can reduce gender inequality & create a more inclusive digital economy. 🔹 Metaverse & Charity – Technology for Good 🎗️ Helen Hai (Binance Charity): · NFTs & the Metaverse can be leveraged for charitable causes. · Example: Binance NFT has partnered with artists to donate proceeds to global charities. 💚 Maye Musk: · My son’s "Big Green" project has helped thousands of children access fresh food. · The Metaverse can expand charitable efforts by ensuring transparency & real impact. 💡 The Metaverse isn’t just for profit it can also help society, education & humanitarian efforts. 🔹 Future Predictions: Is the Metaverse the Future of the Internet? ✅ The Metaverse will become a key platform, transforming how we work & socialize. ✅ NFTs & blockchain will provide real economic value within virtual worlds. ✅ More women in leadership will help shape a diverse & fair Metaverse. ✅ Charity & education will benefit greatly from blockchain-powered Metaverse projects. 💬 What do you think about the Metaverse & NFTs? Are they the future of the Internet? Let’s discuss! 🚀👇 #Metaverse #NFT #Blockchain #RACA #USMMetaverse #Binance #MayeMusk

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🇺🇸Meta is planning to cut 8,000 jobs, about 10% of its workforce. Billions are moving into AI while the Metaverse fades after years of heavy investment that didn’t deliver. Other tech giants are doing the same, cutting staff as AI replaces roles.

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Elon Musk: Maybe we’re in the Metaverse right now. “Maybe we're in the Metaverse right now. It's just Metaverses all the way down. I don't know if I necessarily buy into this Metaverse stuff, although people talk to me a lot about it. Sure, you can put a TV on your nose. I'm not sure if that makes you in the Metaverse. It's weird. When I grew up, it was like, don't sit too close to the TV. It's going to ruin your eyesight. And now we got TV is right here. What? Is that good for you?” Source: Interview with The Babylon Bee, December 22, 2021
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Elon Musk: Maybe we’re in the Metaverse right now. “Maybe we're in the Metaverse right now. It's just Metaverses all the way down. I don't know if I necessarily buy into this Metaverse stuff, although people talk to me a lot about it. Sure, you can put a TV on your nose. I'm not sure if that makes you in the Metaverse. It's weird. When I grew up, it was like, don't sit too close to the TV. It's going to ruin your eyesight. And now we got TV is right here. What? Is that good for you?” Source: Interview with The Babylon Bee, December 22, 2021

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🌌 JEFF IN THE METAVERSE 2 🌌 📽️ A SHORT FILM AND MUSIC VIDEO PARODY 📽️ A Story Written and Directed By MopMovies 📓 Jeff In The Metaverse 2, a short film and music video parody that takes a deep dive into the universe that we have created! This universe takes place in VRChat and follows a new player called Jeff. As we tell you the story of the world of the metaverse; a corrupted universe that's falling apart from many strange portals that are opening up all around the place. Scientists are working on secret operations of teleportation that takes you to new worlds that discovers new ways of super weaponized soldiers to take over the metaverse. The gang: , lemon🍋 , Inactive and z00f have stolen the teleportation device opening up many new worlds, visiting familiar faces and discovering many secrets, but what will happen next?! #vr #vrchat #VirtualReality #Virtual #vrchatmeme #meme #vrchatcommunity #vrfilm #vrchatfilm #vrmovie #vrchatmovie

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Zuckerberg, just admit you took the wrong bet. Meta spent years building for a metaverse that Zuckerberg believed would arrive before advanced AI. Instead, advanced AI became commercially viable while affordable holographic glasses remained years away. Zuckerberg now acknowledges that Meta misread the order in which these technologies would develop and believes AI will ultimately become a much larger opportunity. That mistake was incredibly expensive, Reality Labs has accumulated more than $80 billion in operating losses since late 2020, including another $4.62 billion loss in the second quarter of 2026. Meta has since cut more than 1,000 Reality Labs jobs, closed several VR studios, and redirected resources from virtual reality toward AI powered glasses and wearables. Zuckerberg is not completely abandoning the metaverse but he is putting the most ambitious version of it on the shelf until the hardware becomes affordable enough for mass adoption. Meta is now treating glasses as a delivery system for AI rather than a portal into virtual worlds. That is a fundamentally different strategy because the original plan was to convince people to enter Meta’s digital world through a headset. The new plan is to bring Meta’s AI into the world people already inhabit through lightweight glasses that can see, hear, and interact with their surroundings. This strategy has a much clearer path to adoption because users do not need to change their behavior or isolate themselves inside a virtual environment. Meta can also connect those glasses with Muse, giving its personal AI agent access to what users see and hear throughout the day.

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