n an announcement that shook the world, Facebook recently announced that its holding company’s name has changed to Meta, and that the company will be pioneering a virtual reality universe, which will be accessible to all of its users and brands. While cynics have been quick to suggest ulterior motives, when a trillion-dollar company makes
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Companies can become part of the new global economy with less risk and investment In an announcement that shook the world, Facebook announced that its holding company’s name has changed to Meta, and that the company will be pioneering a virtual reality universe that will be accessible to all its users. While cynics have been
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Companies that dived into social media early reaped the rewards and the same will apply to the metaverse, which is going to affect almost every department in every company, in the same way that e-commerce did Besides the expected data regarding usage of platforms such as Facebook, Instagram, Twitter and TikTok, the 2022 SA Social Media Landscape
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In two record-shattering transactions at the end of 2021 a plot of virtual land in Axie Infinity, an animated, metaverse play-to-earn blockchain game, was sold for $2.5m. This came a few days after an estate of 116 virtual land parcels fetched $3.2m in the Decentraland metaverse. Also last December, multinational Softbank invested $92m in The Sandbox,
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