The StartUp Club By MCKVIE


Social media the online platform which connects us all to a large extent on all aspects once the prolonged tiring messages have came to a matter of seconds. The very existence of social media has an greater impact in our lives than anything else. On the 21st century, since the mankind has stepped so far in terms of technological advancements the social media platforms have also increased its activity and spreaded out its roots to become more and more interactive with our lives, and gradually we have enter the world of virtual life where the people have different life unlike the real world.

The metaverse converges Facebook’s major investments across augmented reality (AR), virtual reality , gaming, commerce and social mediainto one virtual environment. Zuckerberg defines it as “an embodied internet that you’re inside of rather than just looking at”. It will be interoperable, allowing consumers to easily teleport from one experience to another, and accessible in different forms from a range of devices—from mobile apps and PCs to immersive VR and AR devices.

“You’re basically going to be able to do everything that you can on the internet today, as well as some things that don’t make sense on the internet today—like dancing,” Zuckerberg told investors. “The defining quality of the metaverse is presence, which is this feeling that you’re really there with another person or in another place. In Zuckerberg’s view, the metaverse will not only be “the next chapter for us as a company”, but also the next generation of the internet.

Other companies, including Atari, Epic Games and etc, are building their version of what they believe will be the future of social technology. Which brings us to an important question: will there be just one metaverse, and how will governance work? “No one company is going to be able to build this all by themselves,” Zuckerberg acknowledged in his address. “I expect that this is going to create a lot of value for many companies up and down the stack, but it’s also going to require a significant investment over many years.”

by Aditya Das

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