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What?! They built a phone, copied or bought every social media they could, invented lots of tech (DB, react-native…), they’re spending everything on the meta ve
by username_my1 4y ago
What?! They built a phone, copied or bought every social media they could, invented lots of tech (DB, react-native…), they’re spending everything on the meta verse
That’s why they hired so many people
- akmarinov 4y agoThe tech like RN, GraphQL, doesn’t really bring them any money. And what is the metaverse really? How is it monetized? That’s OP’s point, aside from Facebook, everything they have is acquired - Whatsapp, Instagram, Occulus. And even within Instagram, they constantly just copy other apps - Snapchat stories, Tiktok for reels, etc Facebook can’t have an original idea to save their life
- ianbutler 4y agoThe meta verse will be monetized the same way Apple monetizes the App Store and anything else that goes on through their platform. A percentage cut of all transactions. That’s why a lot of companies are trying to make the meta verse work. If they’re successful in owning the meta verse they now have a nice big walled garden on which to extract continual rent from. It’s also very much not what the average person wants so we’ll see how it goes