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Facebook Metaverse: Facebook’s New Name

Facebook metaverse, Although virtual reality technology is not yet highly developed, current initiatives suggest that a virtual life awaits us in the future. The company investing the most in this area is known to be Facebook. With its metaverse project, Facebook continues to advance the concept of virtual reality. Recently, Mark Zuckerberg, the founder of Facebook Inc., announced, “Facebook is now a Facebook metaverse company.” He stated that the reason for this change was that the future plans of the company were not well understood under the Facebook name.

The term “metaverse,” which can be translated as “virtual universe” in Turkish, will allow users to connect to a virtual world over the internet. The metaverse concept, emerging from investments by Facebook, Microsoft, Roblox, and Epic, is seen as one of the greatest frontiers for digital technology. Under the Facebook Inc. umbrella, the company houses social media platforms like Facebook, WhatsApp, Instagram, and Messenger. However, it is known that the names of the Facebook, Instagram, Messenger, and WhatsApp applications will remain unchanged.

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facebook metaverse

What Purpose Will the Facebook Metaverse Serve?

At the Facebook Connect 2021 event, Facebook’s founder and CEO, Mark Zuckerberg, introduced the metaverse platform named “Horizon,” which he described as the “new form of the internet.” Zuckerberg’s presentation on the metaverse detailed the concept of instant access to an unlimited virtual universe through AR glasses. Horizon will feature a combination of virtual reality (VR) and augmented reality (AR) technologies to present both real life and virtual life.

The Horizon platform will include Horizon, Horizon Home, Horizon Worlds, and Horizon Workrooms. Within the Horizon environment, users will find virtual dimensions of various social spaces, such as cafes, games, sports activities, concerts, parties, and workplaces. In this virtual realm, users will be able to meet with friends, chat, and engage in any activities they desire.

Since the announcement of the Facebook metaverse project, the company’s stock on U.S. exchanges has surged. Facebook shares, which were priced at $314, have increased by 4%, reaching $324.

facebook metaverse

Will the Metaverse Be Useful for Business Sectors?

Beyond playing games and engaging in various activities with friends in a virtual environment, the Facebook metaverse will also bring business sectors into the virtual realm. Face-to-face meetings, conferences, and presentations will be replaced by entirely virtual meetings. We will be able to design our work environments according to our imagination and enjoy working in those settings.

This means that we can be in any location at any time and manage our tasks without ever being late. It is crucial for brands to adapt to this shift, incorporating VR and AR technologies into their marketing strategies. Embracing tools for content creation across PC, mobile, and XR platforms is important. This method will eliminate the need for sales and marketing teams to visit clients in person, allowing potential customers to experience products and services through 360-degree videos in a virtual reality environment.

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