Ethereum (ETH) Creator Vitalik Buterin Predicts Facebook Attempt To Build Metaverse Will Fail

Ethereum (ETH) Creator Vitalik Buterin Predicts Facebook Attempt To Build Metaverse Will Fail


The co-founder of the world’s leading smart contract platform is skeptical that the first wave of the metaverse can succeed.

Ethereum (ETH) creator Vitalik Buterin tells his 4.1 million Twitter followers that while the concept of an online virtual world will eventually come to fruition, he thinks that current corporate visions for the metaverse are likely to fail.

“The ‘metaverse’ is going to happen, but I don’t think any of the existing corporate attempts to intentionally create the metaverse are going anywhere.”

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The blockchain pioneer adds perspective to his initial comment by explaining that the world doesn’t have a clear picture of what the metaverse needs to be, highlighting that its creation will be more of a conceptual process rather than one company defeating another

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