{"id":13043,"date":"2022-06-29T19:31:20","date_gmt":"2022-06-29T19:31:20","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/mark-zuckerberg-on-the-metaverse\/"},"modified":"2022-06-29T19:31:20","modified_gmt":"2022-06-29T19:31:20","slug":"mark-zuckerberg-on-the-metaverse","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/mark-zuckerberg-on-the-metaverse\/","title":{"rendered":"Mark Zuckerberg on the Metaverse"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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CEO of Meta Platforms, formerly Facebook, Mark Zuckerberg, discussed the metaverse with Jim Cramer, the host of CNBC\u2019s Mad Money.<\/p>\n

In his interview last Wednesday, the Facebook co-founder forecasts that the metaverse will become a major part of his company\u2019s business in the next ten years. Elaborating on Meta\u2019s metaverse projects he said:<\/p>\n

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\u201cOur playbook over time has been build services, try to serve as many people as possible \u2014 you know, get our services to a billion, two billion, three billion people, and then we basically scale the monetization after that.\u201d<\/p>\n<\/blockquote>\n

Zuckerberg added:<\/p>\n

\u201cWe hope to, basically, get to around a billion people in the metaverse doing hundreds of dollars of commerce each.<\/strong>\u201d<\/p>\n

People could be \u201cbuying digital goods, digital content, [or] different things to express themselves\u201d in the new reality, he said.<\/p>\n

Listing a couple of examples of metaverse purchases, Zuckerberg mentioned \u201cclothing for their avatar or different digital goods for their virtual home or things to decorate their virtual conference room.\u201d<\/strong> People can also spend in \u201cutilities to be able to be more productive in virtual and augmented reality and across the metaverse overall,\u201d the CEO added.<\/p>\n

Nevertheless, the metaverse experience is still in its early stages, he continued:<\/p>\n

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\u201cI still think it\u2019s going to take a while for it to get to the scale of several hundreds of millions or even billions of people in the metaverse, just because things take some time to get there.<\/p>\n

So that\u2019s the north star. I think we will get there. But, you know, the other services that we run are at a somewhat larger scale already today.\u201d<\/p>\n<\/blockquote>\n

Although Zuckerberg\u2019s Meta lost $10.2 billion<\/a> on its metaverse projects in 2021, he opined:<\/p>\n

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\u201cWe are at this point, you know, a company that can afford to make some big long-term research investments, and this is a big focus.\u201d<\/p>\n<\/blockquote>\n

Recent filings with the United States Patent and Trademark Office, or USPTO, on May 13, showed Meta\u00a0filed<\/a>\u00a0five applications for a platform called Meta Pay. The social media giant also opened up a metaverse store<\/a> in California that same month.<\/p>\n

Last week, Meta, Microsoft, Nvidia and other leading tech companies created a\u00a0metaverse standards group, set to build an interoperable metaverse infrastructure<\/a>.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) CEO of Meta Platforms, formerly Facebook, Mark Zuckerberg, discussed the metaverse with Jim Cramer, the host of CNBC\u2019s Mad Money. In his interview last Wednesday, the Facebook co-founder forecasts that the metaverse will become a major part of his company\u2019s business in the next ten years. […]<\/p>\n","protected":false},"author":5,"featured_media":13044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13043"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13043"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13044"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}