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Big companies getting serious on the Metaverse

I just read this article that headlined KPMG entering the metaverse.

Seriously. What? An accounting firm is dipping their toes into this.

Check their own articles on their website. They are definitely on to something here. They are not playing around. They can see it.
https://home.kpmg/xx/en/home/insights/2022/04/the-future-of-the-metaverse.html

Also, Meta (previously Facebook) is showing off their iterations of Meta's VR headset and they look promising.



Slowly, but surely these headsets are getting thinner, lighter and untethered. Very close to our regular glasses.

What will a full blown metaverse experience be like?

What will it look like?


The same question was asked about the internet. Back in 1995. At the time, people were so sceptical of it.
Check this article out.

And here we are in 2022. At the precipice of the next evolution of the Internet. The so called Metaverse.

Mind Blown.

In the next post, I will share my thoughts on how the majority of people are going to get on this Metaverse. Whether they want to, or not.

It is inevitable.

What's the future of Web3 going to be like?

I just read an article on Yahoo Finance where executives from Meta square off with their counterparts from Animoca Brands over what their vision is for the metaverse.


I have to say that I am very much aligned with the thought process of the guys from Animoca Brands. Hence why I am very buliish with the Sandbox Game. The Sandbox Game is a subsidiary of Animoca Brand and their idea of a decentralised future for the metaverse is very very appealing to me.

It just makes sense.

Meta still believes in centralised control. Much like the status quo now. They own your data. They buy and sell your data and profit off of your data. Whether you know it or not. Just by interacting with their sites like Facebook, instagram and their WhatsApp messaging platform.

You don't get ANY of that profits generated from that trade. When services like those mentioned are free, what do you actually give up?

Nothing is free. If you're using something that's free, you're actually the product that is being sold and traded.

You give up your privacy. They know where you're from, what you like to see, what your daily screen time habits are and what you might like to buy and eat.

And most damning of all, you give up your time.

All for nothing.

kek

I like Meta's product, namely the Oculus Quest. I love VR.

But, if the future of Web3 is going to be the same old style that's Web 2.0, the metaverse is really going to be a dystopian nightmare.

Can we avoid a similar situation like the one portrayed in the movie Ready Player One?


There's going to be a lot of competitors in this space. What can Meta do to set themselves apart. They're already losing the battle by making their platform a centralised one.

The world is very rapidly moving towards Web3. Decentralisation. Real democratisation of personal data, digital assets and free trade between peers.

Power to the people.

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