The Race called Metaverse: Epic Games vs Facebook.

The next profound and significant revolution in the world of the internet is the metaverse. Several tech giants are making heads in it but Epic Games and Facebook are its top proponents.

Metaverse: Epic Games vs Facebook
Metaverse: Epic Games vs Facebook

Both tech giants have their own ideas about the metaverse and both are in the race. What to expect from them and who has it right? Let’s find out.

Metaverse is a term coined way back in 1992 by Neal Stephenson which surfaced in his novel Snow Crash. However, the term didn’t become a household one until a couple of years back.

The gaming and technology industries gave traction to the idea and started working on it. Epic’s CEO Tim Sweeney saw a massive opportunity in it and became its top advocate. He defined meta-verse as “an evolution of how users interact with brands, intellectual properties, and each other on the Internet.”

He further adds, “It would be a kind of online playground where users could join friends to play a multiplayer game like Epic’s “Fortnite” one moment, watch a movie on Netflix the next, and then bring friends to test drive a new car that’s crafted exactly the same in the real world as it would be in the virtual.”

The idea behind his meta-verse is that there isn’t any concept of closed gardens, closed systems, barriers, and separate systems. Tech giants like Google, Facebook, Twitter, and games will have only one account that would let the user roam around anywhere in the metaverse.

On the contrary, Facebook wants a meta-verse of social networks with AR-enabled glasses. The integration of the real world and virtual world will let people attend virtual meetings between avatars in real-world spaces.

Metaverse: Epic Games vs Facebook
Meta-verse: Epic Games vs Facebook

However, the metaverse Mark Zuckerberg advocates is a closed one controlled by its engineers and admins. The idea behind Zuckerberg’s metaverse will require a Facebook account to access apps as well as the metaverse.

Bloomberg also shares its thoughts on Facebook’s metaverse, “The two critical components needed for companies to take advantage of the opportunities that may arise from any potential meta-verse are advanced semiconductors and software tools. Facebook is not strong on either front.”

Both Epic Games and Facebook are currently working on the idea of the meta-verse, but Facebook’s tunnel vision would most probably lead to a failure.

Gaming News 24/7 - Reinout te Brake -  Video Games Podcast - Game Consultant - Video Gaming News 2021
Gaming News 24/7 – Reinout te Brake –  Video Games PodcastGame ConsultantVideo Gaming News 2021
Reinout te Brake

In a career spanning across 20+ years, Reinout te Brake has raised over 100+ Million Euros in Fundraising for a diversity of companies and has worked with several venture capitals firms. Helping gaming companies expand their brand reach, get the right story telling and make an impact on a global scale. Reinout te Brake has had the honor to counsel some of the major gaming companies operating on a global scale. For the last 12 years, he has devoted his major focus towards the niche of gaming consultancy to provide his insight and expertise to help gaming companies reach outstanding financial and business results.

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