My investing muse - What's the “META" with Facebook? … a glimpse into metaverse (30Oct2021)
Metaverse is a hot topic as Facebook changes her corporate brand to $Meta Platforms, Inc.(FB)$ . Facebook’s aim is to connect people together and they regard metaverse as the next most important experience of connecting people together. Imagine us as characters living in the virtual world of Minecraft or Sim City. This is made possible thanks to hardware such as VR headsets or glasses that are able to superimpose/project/discover digital content before our very eyes. In essence, social networking will move from a web/screen experience to virtual reality or augmented reality setting. A. Virtual Reality (VR) Let us talk about the first one … virtual reality by means of a VR headset. Horizon Home (by Meta) is a digital home that we can fashion, decorate, design - perhaps decorate with digital art that is purchased with metaverse currency (or crypto-like NFT or digital currency). This is a place where we can invite our friends to visit. For us, we will be able to have our own avatars...