Facebook changes its name to Meta, revealing the important role of NFT in Metaverse’s virtual universe

Facebook CEO Mark Zuckerberg gave a keynote speech at the Connect event held on October 29 at 12:00 a.m. to announce a tech giant’s ambitions to create a 3D virtual world called Metaverse.

Part of that vision seems to have a big role to play for NFTs and Spark AR, which Facebook’s Metaverse will focus on.

Facebook’s Metaverse intro video mentions NFT as an important part of it.

Facebook announced a number of new projects this morning to support its vision for Metaverse, including a $ 150 million endowment fund to encourage its customers to take advantage of the “virtual universe.” Mark also announced that the company will spend $ 10 billion to make its Metaverse plan a reality.

Facebook’s virtual room also supports many applications for organizing objects, communicating, watching movies or playing games together. There are 3 main areas including Horizon Home, Horizon Worlds, and Horizon Workrooms.

With Spark AR, Facebook wants to bring activities from real life into the virtual world. This world will have real objects and purchases can be based on blockchain technology. Mark Zuckerberg illustrates himself in a virtual world, with a surf outfit and a face with sunscreen.

Horizon also supports the App Store to publish and sell articles, games or music in the virtual space. The social media giant is also focused on Horizon’s gaming business with popular games like chess and table tennis. A virtual reality windsurf game is also available where players can challenge their friends to join them.

Facebook changed its name to meta

Mark Zuckerburg also announced today that the company will change its name to Meta, which means “beyond” in Greek. The new company consists of two main areas, one for existing applications and services and one for future plans.

The Facebook logo at the headquarters is in Meta. changed

“Our brand is so closely linked to a product that it cannot represent everything we do today, let alone the future,” said Mark Zuckerberg. “From now on we will first be known as the virtual universe Metaverse, not just Facebook.”

During the event, CEO Meta also presented new projects such as Horizon Workrooms – a platform that enables users to meet through virtual spaces with VR glasses. The company also announced the first user experiences for the Horizon Home and Horizon Venues projects.

Mark expressed his desire to make working from home a trend in the virtual world. He believes Metaverse can help colleagues interact with each other as if they were in the same place while getting dressed in the comfort of their own home.

When you arrive at the office, in the virtual universe of Meta, information boxes are displayed in front of you instead of sitting in front of a computer screen. Users use finger gestures to interact and control. These virtual screens can be viewed anywhere. Different people can also gather in a virtual room to chat.

Meta’s virtual universe not only serves the users, it also promises to be a creative space for designers and celebrities. You can create your own personal space in Horizon. Celebrities can also host fan meetings, sell clothes or accessories in Horizon.

Benefiting from this information, related projects like Decentraland (MANA), The Sanbox (SAND), Axie Infinity (AXS), UFO Gaming (UFO), Radio Caca (RACA), token prices all shot up from 20% to 40% in the Height a few minutes later.

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