Metaverse release as Mark Zuckerberg admits!

3 mins read
Metaverse release as Mark Zuckerberg admits!

Mark Zuckerberg made some striking statements about the Metaverse at the Meta annual meeting that took place recently.

Metaverse release as Mark Zuckerberg admits!

The year 2021 was a turning point for Facebook. The company announced the rebranding of Facebook Connect in 2021. Thus, all services connected to the platform came under the roof of the newly established Meta company. Of course, Mark Zuckerberg’s crazy project Metaverse, which has been constantly coming up lately, has also entered our lives.

Meta continues to work on the expanding Metaverse project. Finally, Mark Zuckerberg made striking statements on the subject at the company’s recent annual meeting.

The metaverse needs a ‘significant’ amount of money for the next 5 years

The metaverse needs a 'significant' amount of money for the next 5 years

The main agenda item at Meta’s Wednesday meeting, which said they would now focus on their Metaverse vision, was material planning for the project. Zuckerberg told shareholders that the project will require significant amounts of money over the next three to five years.

In addition, there is a confessional detail in Meta’s notification to the SEC. Because it is unlikely that a large part of the products with the concept of “embodied internet”, where the company will send people to a virtual world, will come in 10 to 15 years.

In addition, there is a confessional detail in Meta’s notification to the SEC. Because it is unlikely that a large part of the products with the concept of “embodied internet”, where the company will send people to a virtual world, will come in 10 to 15 years.

Mark Zuckerberg, who said that Metaverse-themed products would be affordable at the meeting, used the following statements on the subject;

We want to make hardware as affordable as possible for everyone and enable the digital economy to grow.

Meta spent $10 billion on the Metaverse in 2021. The company, which has 10,000 employees in this area, will soon hire another 10,000 people. In this way, the work is expected to accelerate even more.

So what do you think about this? Do you think Meta will bring its Metaverse vision to life the way it wants? Do not forget to share your opinions with us in the comments section.

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