The Race called Metaverse: Epic Games vs Facebook.
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.
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.”