What do you think of the metaverse?

The metaverse is not a completely new concept, but the speed that has recently made headlines is impressive. And the meaning of the metaverse seems to be expanding day by day as more and more recognizable brands and companies start to include it in their long-term plans. 

 Metaverse has everything from celebrities to global brands such as Nike, but Facebook is responsible for making noise in the metaverse. The pioneers of social media (in a sense, an early version of the metaverse itself) have recently undergone a major rebranding. Facebook is now called Meta and the company plans to make significant moves in the Metaverse world over the next few years.

What Is Metaverse?

The metaverse is an old science fiction dream come true. Movies like Tron and Ready Player One have long given the digital world a real-world weight. The Metaverse is a digital world accessible through virtual reality glasses, inhabited by real people (often using digital avatars) and full of endless possibilities. 

 This may seem like a new idea, but the idea of ​​a multi-platform digital world has been around for years. We've seen it pop up in everything from video games to social media. From World of Warcraft and Runescape to MySpace .early versions of Metaverse have long been a part of our world. The 2020s Metaverse builds on these ideas and takes them to the next level.

Why FB Change Its Name To Meta?  

In October 2021, Mark Zuckerberg announced that social media giant Facebook would change its name to Meta. Facebook (Social Platform) remains Facebook. The parent company that runs Facebook, WhatsApp and Instagram has changed its name to Meta. In the words of Zuckerberg, "Essentially, we're moving from Facebook 

  to the Metaverse essentially." 

 Meta has invested billions of dollars to build the Metaverse ($10 billion in 2021 alone). He plans to include every nook and cranny of the metaverse in his plans. Oculus (the VR headset business already owned by Meta), NFT, and cryptocurrency are all part of the company's long-term vision.

Is the Metaverse Future of Social Media?

_{With all the rumors surrounding Metaverse's recent developments and investments, you're probably wondering if and how this concept will affect the future of social media (and social media marketing)}

 In 2021, a lot of money and resources have been invested in the metaverse. With platforms like Meta and companies like Nike (which recently partnered with sneaker giant Metaverse's RTFKT Studios), they're pouring massive amounts of money and resources into Metaverse with everyone who truly believes this is the future. This metaverse version is very young. 2021 may have been a landmark year, but the next few years will determine sustainability.

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