{"id":21492,"date":"2022-08-01T15:02:20","date_gmt":"2022-08-01T09:32:20","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=21492"},"modified":"2024-04-29T13:36:45","modified_gmt":"2024-04-29T08:06:45","slug":"vitalik-buterin-expresses-skepticism-about-corporate-metaverses","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/crypto\/vitalik-buterin-expresses-skepticism-about-corporate-metaverses\/","title":{"rendered":"Vitalik Buterin expresses skepticism about corporate metaverses"},"content":{"rendered":"<p>The latest tweets by Vitalik Buterin\u2014co-founder of Ethereum\u2014suggest that he seems to be skeptical about corporate forays into metaverses. Coming down hard on Meta\u2019s attempt to create a metaverse, in particular, Buterin said that none of the metaverse-focused use cases are clear enough.<\/p>\n<p>\u201cWe don\u2019t really know the definition of \u2018the metaverse\u2019 yet, it\u2019s far too early to know what people actually want. So, anything Facebook creates now will misfire,\u201d he argued.<\/p>\n<p>And Buterin wasn\u2019t alone either. His remarks were made in response to a tweet by Dean Eigenmann\u2014the 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.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-21493 size-large\" src=\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/08\/desktop-733x1024.jpeg\" alt=\"Vitalik skeptical\" width=\"733\" height=\"1024\" srcset=\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/08\/desktop-733x1024.jpeg 733w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/08\/desktop-215x300.jpeg 215w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/08\/desktop-768x1073.jpeg 768w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/08\/desktop-1099x1536.jpeg 1099w, https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/08\/desktop.jpeg 1170w\" sizes=\"auto, (max-width: 733px) 100vw, 733px\" \/><\/p>\n<p style=\"text-align: center;\">Image Source: Twitter<\/p>\n<p>There are many others like Buterin who believe that centralized metaverses\u2014from the likes of Microsoft and Meta\u2014might negatively affect some of the very fundamental concepts behind decentralized services.<\/p>\n<p>Buterin\u2019s statement comes despite Meta having built several VR and AR applications for driving metaverse adoption.<\/p>\n\n\n<h2 class=\"wp-block-heading\">FAQs<\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1714377830691\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is Vitalik Buterin famous for?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Vitalik Buterin is famous for co-founding Ethereum, the second-largest cryptocurrency platform by market capitalization, known for its smart contract functionality.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1714377838652\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What languages does Vitalik Buterin code?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Vitalik Buterin codes in various languages, including Python, JavaScript, and Java.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1714377839538\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How many coins does Vitalik Buterin have?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>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.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1714377840939\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Who is the CEO of Vitalik Ethereum?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>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.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The latest tweets by Vitalik Buterin\u2014co-founder of Ethereum\u2014suggest that he seems to be skeptical about corporate forays into metaverses. Coming down hard on Meta\u2019s attempt to create a metaverse, in particular, Buterin said that none of the metaverse-focused use cases are clear enough. \u201cWe don\u2019t really know the definition of \u2018the metaverse\u2019 yet, it\u2019s far [&hellip;]<\/p>\n","protected":false},"author":76,"featured_media":21495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[460,6530],"tags":[6467,6536],"class_list":["post-21492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news-2","tag-crypto","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-07-22T13:28:55+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Praniket Nayka\",\"description\":\"\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/praniket\/\",\"sameAs\":[],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4b22173b861c31fe922bbaf46c336561?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"Beginner","post_author":false,"guest_author":false,"hide_toc":true,"key_takeways":false,"select_disclaimer":"Article Default Disclaimer"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/21492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=21492"}],"version-history":[{"count":3,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/21492\/revisions"}],"predecessor-version":[{"id":40018,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/21492\/revisions\/40018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/21495"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=21492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=21492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=21492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}