Vitalik Buterin, criticizes the attempts of the corporate metaverse

This weekend, Vitalik Buterin discussed the metaverse after sharing a tweet from Dialectics co-founder and blockchain auditor Dean Eigenmann that He says who doesn’t believe that the metaverse “will happen the way VCs are currently funding it.” Buterin shared Eigenmann’s tweet on Saturday and approved the assessment.

“The ‘metaverse’ will happen, but I don’t think any of the existing attempts by companies to intentionally create the metaverse are going anywhere,” Buterin said. 24 hours later, Buterin’s metaverse tweet hits 10,000 likes and nearly 1,500 retweets. The claim of Buterin’s metaverse received many responses and a individual wrote: “I think the barrier to entry, being somehow cutting edge research material in evolution, has created a rare case of a necessary condition in favor of large companies. The idea wouldn’t even be worth discussing. without Quest 2. “

Buterin responded to this Tweet precise and shared his point of view. “My review goes beyond” Metaverse Wikipedia will beat Metaverse Encyclopedia Britannica, “Ethereum co-founder replied.” We just don’t know the definition of ‘metaverse’ yet, it’s too early to know what people really want. So whatever Facebook creates now will fail.

Facebook put a lot of energy into metaverse concepts and even renamed the company Meta long after acquiring virtual reality company Occulus. Many other companies are trying to create some sort of metaverse, and the term metaverse has been a slogan used in thousands of press releases and articles. So far, the so-called metaverse is likely an incomplete mess of virtual worlds, non-fungible tokens, alternate and augmented realities, artificial intelligence, three-dimensional (3D) worlds, and video game concepts. Many people, skeptics and researchers have wondered whether or not the Metaverse would be a disaster.

However, executives from Disney, Microsoft and Warner outlined how they would solve the problems in the Metaverse. A Ubisoft executive said he believes players are rejecting non-fungible tokens (NFTs) because they don’t understand the benefits. The Twitter account of the YouTube channel Lily’s Show responded to Buterin’s statement and said: “I totally agree: the real power of the ‘metaverse’ is in the organic construction of the community. The ecosystem and the foundation are already there (in many ways, thanks to you). I am happy to see it thrive for years to come. Another person responded to Buterin’s tweet and said:

I have a theory on how to work with each community and create a simple (high-quality, non-web-based) sandbox-style game first. I think the crucial thing is to help integrate other communities and not just build alone.

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