Facebook- Not alone in the METAverse

Preston Snyder  00:00

Hey Alyssa.

Alyssa Mullins  00:01

Hey Preston.

Preston Snyder  00:01

Are you ready for your entire life to be a video game?

Alyssa Mullins  00:06

Only if they bring Pixie Hollow back?

Preston Snyder  00:08

Oh, I see. Well, Mark Zuckerberg is ready and I think he’s taking questions. Are you ready for META?

Alyssa Mullins  00:21

Hi, everyone, I’m Alyssa.

Preston Snyder  00:22

And I’m Preston.

Alyssa Mullins  00:23

And this is your weekly social.

Preston Snyder  00:25

And today we’re talking about Meta, or whatever. Mark Zuckerberg vision of the future is his vision for the future. Last time it was talked about this before they did their big presser about all the technologies and kind of what Meta as a company is going to be looking at and what they’re going to kind of move towards. But now we’ve seen some of it, and it’s something.

Alyssa Mullins  00:52

It’s great what the metaverse is. And it just kind of launched was it this week, meta is in development. It’s in development. But it’s a bit more public now for everyone to explore. But the metaverse is basically going to be this virtual environment where you can go in and create an avatar look like yourself look like a turtle look like a unicorn and interact with other people online from pretty much all over the world. And you get to interact with other people and your virtual environment. And so in a way, it’s kind of like if immersive VR. And then multiplayer online RPG came together and created the metaverse.

Preston Snyder  01:48

And what there’s been a few interesting things as a result of that announcement. The first is that the reactions kind of been mixed. And kind of it’s a more negative, inherently because it’s the Facebook shift. A lot of people are like, Oh, it’s Facebook trying to get away from themselves and all of the negativity associated with it. The other fact is that oh, so the matrix, are you ready for the matrix? And now, nobody wants the matrix. This idea that okay, is a giant, powerful mega corporation now going to control your entire life? Yikes. It’s not I think we’re looking forward to. Another part of that is that there’s a very specific line that a few people grabbed on to is that, while it’s not really here yet, which is partially true, but they are not the first pioneers in this space. They’re not you other projects, easily a few other projects, you probably even realize, probably the actual pioneers are Second Life. Old, you have an avatar, you’re interacting with people, you’re creating your world. It’s been around for a good long while. Other things like VR chat with a lot of the Oculus have the other VR headsets that’s there, interact with others hubs. So very similar, and you saw Facebook take elements of that second life. And then another one that exists and kind of a different level is decentraland.

Alyssa Mullins  03:32

decentraland.

Preston Snyder  03:33

Right. So it sounds fun. It sounds fun. So is it fun? Yeah. In development. But it’s this idea of it’s another virtual world. It is built on blockchain. hence its name. Decentraland is trying to be a decentralized entity, where individual players literally own the spaces, they own the land, they own the property that builds in that there is actual like money generated from in the form of the man a token which has $1 value. So there are people that alike you can make money in virtual real estate it it’s bizarre, but one of the people that has participated owns a casino is Atari, which seems fitting considering what we’re talking about, but something that exists has been the development a lot of these have so Facebook sorry, meta coming in and saying, Yeah, we’re building it. You’re not the only ones.

Alyssa Mullins  04:40

Yeah. So with ownership. If you can own things in own things in this virtual world decentraland What about in? I don’t know on platforms like Facebook, actual Facebook and Instagram or Adobe Do we own Anything that’s there,

Preston Snyder  05:02

it’s really hard to say. And this is something that content creators have been going back and forth of you have a Facebook account. And the content that you post is yours seriously updates, pictures, etc. But you don’t own the account. And we’ve seen more and more at any point, if Facebook doesn’t like what you’re posting, just take you down, Instagram, same way, Adobe has its full platform suite of software used to be you could buy it, and then you own the license. And you can use it for however long now it’s on a subscription. So you don’t pay your subscription. Doesn’t matter if you’ve been working on a Photoshop product for years. That’s too bad. You’re, you’re not paying for it now you don’t get it. And then even Adobe’s social media platform Behance similar thing, if you’re posting your edgy art from the 1800s. And you’re like, let’s do a showcase of nude sculptures. And Behance is like not allowed banned. You’re banned. I think decentraland and other platforms like that, that are focused more blockchain based or trying to be like, own stuff, have integrity and ownership and proof of ownership. Blockchain is essentially a ledger so that there is a proof of where things go to, you can track and trace and be like, this person does on this thing, we can prove it. Nothing that can’t be altered,

Alyssa Mullins  06:25

so I could own virtual land and like improve my dream mansion, you could in decentraland.

Preston Snyder  06:33

I don’t want to tell you how much it would cost but you could. A lot of this conversation is breaking up many different kinds of philosophical, speculative and business questions. But at the core of it, something that’s really interesting is that the general reaction even all of this is kind of like that’s fair. It’s okay. So

Alyssa Mullins  07:01

yeah, and if you guys haven’t seen it yet, Mark Zuckerberg did put up some videos introducing a lot of different things.

Preston Snyder  07:10

A big conference about a little over an hour long.

Alyssa Mullins  07:14

Yeah. Or even the video you showed me of him exploring and creating his own avatar, it looks great. Exactly like him. It’s

Preston Snyder  07:23

almost spot on. So encourage you to check it out. Stay informed. And let us know what you think this is kind of the Wild West in a lot of ways of what’s next for the internet. It could be good or bad. We’re kind of unsure. Should the former Facebook Corporation, now known as Meta, stick its fingers in another industry? There’s so many questions on this.

Alyssa Mullins  07:52

And it’s still fairly new people are exploring more and more as we continue to even talk about it right now. There are already people in decentraland kind of messing around playing and interacting with others. And so we’ll keep watching. We hope you do too. You guys like this video. If you want to see more content like this, and just listen to us talk. You can subscribe to our YouTube channel. Like, comment, ring the bell. If you don’t want to watch us, but you want to hear us. We’re also on Spotify at your weekly social. And follow us on all the social media at Pullman marketing.

Preston Snyder  08:29

And of course, there’s anything else you need in the form of social service, or maybe a philosophical chat about what the world is gonna be like in 10 years. Feel free to reach out to us at Pullmanmarketing.com it’s decentraland that central

Alyssa Mullins  08:44

decentraland Metaverse decentraland That’s what it’s gonna be