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.
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.