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In 2014 Facebook bought Oculus ( manufacturers of VR headsets ) for $ 2 billion . Mark Zuckerberg already predicted in 2014 that Facebook would move from a social media company to a metaverse company where people would share , “ not just moments with friends online , but also entire experiences and adventures .”
The metaverse hype recently started gaining traction when Zuckerberg announced in October 2021 that the company he founded , Facebook , owners of social media platforms Facebook , Instagram and WhatsApp , has been rebranded as Meta . And that they will have a new focus - to help bring the metaverse to life . Similarly , as REI is doing with you today .
Zuckerberg ’ s metaverse vision became public when he announced ambitious plans to build the “ metaverse ” — a virtual reality construct intended to supplant the Internet , merge virtual life with real life and create endless new playgrounds for everyone . He promised , “ You ' re going to able to do almost anything you can imagine .”
He says that , “ people don ’ t have to meet in physical spaces to be together , to feel present , collaborate or brainstorm . Meta envisions a future virtual world where digital avatars connect through work , travel or entertainment like this and eventually using VR headsets . He also believes that the metaverse will even replace
10 DEC / JAN 2022 SA Real Estate Investor Magazine