Facebook – Sorry, “Meta” – Is Betting Big On The Metaverse. Should You Be Too?

Andrew Rummer

about 1 year ago5:08 mins

Facebook – Sorry, “Meta” – Is Betting Big On The Metaverse. Should You Be Too?

Facebook – the world’s biggest social network – has officially changed its name to Meta Platforms Inc., in a bold bet on a new iteration of the internet that’ll see avatars of ourselves living, working, and playing. So let’s look at whether Facebook’s onto something here and, if so, how can you take one small step into the metaverse.

What’s Facebook playing at?

The metaverse is a term coined by Neal Stephenson in the 1992 dystopian sci-fi novel “Snow Crash”, describing the place where people remotely hang out while wearing virtual reality (VR) headsets. Or if you want a more recent cultural reference, think of the Oasis in “Ready Player One

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