On The 28th, Facebook Announced That It Would Change Its Company Name To ” Meta”, Declaring To Seize The ” Metaverse Business Opportunity” And Become The First Social Media Giant To Be Renamed. On The Same Day, It Also Announced The Company’s Metaverse. Nft Tokens Will Be Supported, Which May Help Boost The Popularity Of The Ethereum Protocol, Where Nft Has Flourished.
Vishal Shah, Head of Product at Facebook Metaverse, said:
This will make it easier for people to sell limited digital objects like NFT , display them in their digital space, and even sell them safely to the next person.
On The Same Day, Facebook Announced Its Entry Into The Virtual World. The Social Media Giant Already Owns Oculus, A Manufacturer Of Virtual Reality ( Vr) Headsets, And Recently Said It Will Recruit Large-scale Talents To Expand The Meta-universe Business. This Kind Of Meta-universe Concept Is Mainly Inspired By Blockchain Technology. Vishal Shah Stated:
Our goal is to provide as many players as possible with a way
to build a career in the meta-universe.
Although The Term Has Become A Kind Of Cosmic Yuan Bridge The Expectations Of The Virtual World And The Physical World Public Synonym Division, But The Use Of Encryption Currency Is Seen As A Major Contributor To Promote The Development Of The Universe Yuan, Because, Meta Universe Allows Users Directly Buy And Sell Virtual Land, Virtual Doubles, And Even Buildings. At Present, Several Blockchain Projects Have Tried To Support The Transition To The Meta Universe, Including Axie Infinity, Decentraland, And Enjin Coin.
The Company’s Goal Of Making Money From Meta Universe Is Consistent With Its Launch Of The Novi Cryptocurrency Wallet. This Wallet Product Faced Opposition From U.s. Lawmakers After It Launched A Trial Earlier This Month. However, The Stablecoin Diem (Formerly Known As Libra) Has Not Participated In The Novi Cryptocurrency Wallet Trial Plan.
David Marcus, Head Of Payment And Financial Services On Facebook, Tweeted About The Company’s Renaming, Saying That The Company Is Integrating All Its Payment And Financial Services Departments And Products, Including Facebook Pay, Under The Novi Brand.
After The Announcement That There Will Be A Link With The Nft, Facebook Immediately Changed The Company Name To Meta, Further Implying That It Will Build Its Own Version Of The Meta Universe In The Future. However, It Remains To Be Seen How The Company Differentiates Itself From Open Meta-universes Such As Decentraland And Cryptovoxels.