Facebook and decentralized metaverse, where to go?

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ukdoy
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Joined: Sat Dec 07, 2024 3:24 am

Facebook and decentralized metaverse, where to go?

Post by ukdoy »

In the previous post we already explained what the Metaverse is . Now that we know what the Metaverse will be like, we will talk about the impact it will have on the world of Virtual Realities. Just as we saw the impact that the Second Generation of Virtual Realities had on the world, now we are going to imagine what will happen when the Metaverse is developed.

What will happen to immersive games when they receive the metaverse? Will they be able bay nigeria telemarketing data to interact with other metaverses? Will it be a totally centralized world with limitations?

Facebook has yet to release many details about what to expect from its version of the metaverse. The promotional video of the company’s own co-founder and CEO Mark Zuckerberg and his virtual world avatar looks pretty shiny. Even so, there’s still very little information about how things actually work behind the scenes. Based on precedents and what’s known, some distinctions can be made between Facebook’s likely planned projects and established decentralized metaverse projects.

When it comes to the question of whether it will embrace decentralized infrastructure in light of its efforts to launch a cryptocurrency, Facebook has some form of it – Diem is a currency run by a permissioned network of central companies. Based on all of this, it’s fair to say that the Facebook Metaverse will have a Diem-centric economy, issuing NFT-based assets on the Diem permissioned network.


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The biggest difference between Facebook Metaverse and the Crypto Metaverse project is that the latter operates on an open, permissionless blockchain architecture. Any developer can come and build a Metaverse application on the open blockchain, and any user can purchase their own virtual real estate and stake in virtual assets.

One of the biggest benefits of an open, decentralized architecture is that users can seamlessly join and move between different metaverses. This is where we start to wonder how interoperable Metaverse is planned to be, and how fungible are Metaverse assets with other assets not published by Facebook?
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