Mark Zuckerberg on why Facebook is rebranding to Meta - The Verge
"...has been pouring billions of dollars — at least $10 billion this year alone — into building the metaverse, an expansive, immersive vision of the internet
..MOVING FROM BEING FACEBOOK FIRST AS A COMPANY TO BEING METAVERSE FIRST."
Over the past few weeks, the company has been hit with a nonstop barrage of criticism... To the many critics, distancing the company brand and Zuckerberg from the name Facebook will be seen as an evasion tactic."What is the metaverse, and do I have to care? - The Verge
Neal Stephenson famously coined the term “metaverse” in his 1992 novel Snow Crash, where it referred to a 3D virtual world inhabited by avatars of real people.Metaverse Primer:
“The Metaverse is an expansive network of persistent, real-time rendered 3D worlds and simulations that support continuity of identity, objects, history, payments, and entitlements, and can be experienced synchronously by an effectively unlimited number of users, each with an individual sense of presence.”