Crypto Beginner

Vitalik Buterin expresses skepticism about corporate metaverses

Vitalik and metaverse

The latest tweets by Vitalik Buterin—co-founder of Ethereum—suggest that he seems to be skeptical about corporate forays into metaverses. Coming down hard on Meta’s attempt to create a metaverse, in particular, Buterin said that none of the metaverse-focused use cases are clear enough.

“We don’t really know the definition of ‘the metaverse’ yet, it’s far too early to know what people actually want. So, anything Facebook creates now will misfire,” he argued.

And Buterin wasn’t alone either. His remarks were made in response to a tweet by Dean Eigenmann—the co-founder of Dialectic. In the tweet, Eigenmann shared his doubts regarding the future of the metaverse adoption and went on to say that the days to come will see a shift away from VC funding.

Vitalik skeptical

Image Source: Twitter

There are many others like Buterin who believe that centralized metaverses—from the likes of Microsoft and Meta—might negatively affect some of the very fundamental concepts behind decentralized services.

Buterin’s statement comes despite Meta having built several VR and AR applications for driving metaverse adoption.

FAQs

What is Vitalik Buterin famous for?

Vitalik Buterin is famous for co-founding Ethereum, the second-largest cryptocurrency platform by market capitalization, known for its smart contract functionality.

What languages does Vitalik Buterin code?

Vitalik Buterin codes in various languages, including Python, JavaScript, and Java.

How many coins does Vitalik Buterin have?

Vitalik Buterin holds a significant amount of Ethereum (ETH), the cryptocurrency he co-founded. However, the exact number of coins he possesses may not be publicly disclosed.

Who is the CEO of Vitalik Ethereum?

There is no CEO of Ethereum, as it is a decentralized platform. Vitalik Buterin, along with other core developers and contributors, plays a crucial role in the development and governance of Ethereum.

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