Everything You Need to Know About Facebook’s ‘Meta’ Metaverse Play

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This episode is sponsored by NYDIG.

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Facebook announced yesterday it is changing its corporate name to Meta. The name change reflects the company’s rising concentrate on digital actuality, augmented actuality and a brand new model of the web that individuals are calling the metaverse. In this episode, NLW appears on the reactions to the information, from those that assume it represents an enormous mainstreaming alternative for crypto and non-fungible tokens to those that see it as doubtlessly devastating for the way forward for the web.

See additionally: Decentraland’s MANA Jumps 80% as Facebook Rebrand Fuels Metaverse Bets

“The Breakdown” is written, produced by and options Nathaniel Whittemore aka NLW, with enhancing by Rob Mitchell, analysis by Scott Hill and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our govt producer and our theme music is “Countdown” by Neon Beach. The music you heard immediately behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit score: David Paul Morris/Bloomberg/Getty Images, modified by CoinDesk.