Facebook has been talking metaverse for quite a time. In their press release, they shared that the metaverse is “a new phase of interconnected virtual experiences using technologies like virtual and augmented reality.
At its heart is the idea that by creating a greater sense of “virtual presence,” interacting online can become much closer to the experience of interacting in person.”
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Interest in the metaverse will grow as investors and companies want to be part of what will be the upcoming major thing. It “going to be a big focus [of Facebook’s], and I think that this is just going to be a big part of the next chapter for the way that the Internet evolves after the mobile Internet,” Zuckerberg told technology site The Verge before announcing the name change.
“And I think it’s going to be the next big chapter for our company too, really doubling down in this area.”
Take a look at the video below and understand what is going on.