he doesnt believe the metaverse “will happen in the ways VCs are currently funding.” Buterin shared Eigenmann’s tweet on Saturday and agreed with the assessment.
“The ‘metaverse’ is going to happen, but I don’t think any of the existing corporate attempts to intentionally create the metaverse are going anywhere,” Buterin . 24 hours later, Buterin’s tweet about the metaverse is closing in on 10,000 likes and close to 1,500 retweets.: “I think the barrier to entry being a bleeding edge bit of evolving research hardware has created a rare case of a necessary condition favoring large incumbents. The idea wouldn’t even be under discussion without Quest 2.”
Buterin responded to this specific tweet and shared his perspective. “My critique is deeper than ‘Metaverse Wikipedia will beat Metaverse Encyclopedia Britannica,’” Ethereum’s co-founder . It’s that we don’t really know the definition of ‘the metaverse’ yet, it’s far too early to know what people actually want. So anything Facebook creates now will misfire.”
💯 agree. Web2 companies are trying hard to set up definitions and standards for the Metaverse but it really is up to organic community building to help make this truly successful
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