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Ethereum founder says Facebook’s attempt to create a metaverse will fail

7:21 pm, July 31, 2022

Despite the fact that the concept of a metaverse is still in its infancy, the Ethereum founder believes that it will be difficult for tech giants such as Facebook to ride the new trend and become a serious player.

«The meta-universe will emerge, but I don’t believe that any of the current corporate attempts to purposefully build a meta-universe will succeed,» Buterin said.

the 28-year-old Canadian programmer said this in response to Dean Eigenman’s statement that «although the ideas behind the metaverse concept are logical, he does not believe they will be realized through funding from big venture capital.»

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