• bitcoin
    Bitcoin(BTC)
    $44,236.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $3,099.46 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $429.53 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $1.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $1.09 5.58%24H
  • chainlink
    Chainlink(LINK)
    $16.79 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $339.29 5.04%24H
  • stellar
    Stellar(XLM)
    $0.219 4.19%24H
  • vechain
    VeChain(VET)
    $0.060 7.84%24H
  • tezos
    Tezos(XTZ)
    $4.15 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00100 3.34%24H
Crypto Currency Bazaar 4u
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home INDIA

Meta’s Recent Virtual Concerts Flops Severely, Is Facebook’s Rebrand Becoming Disastrous?

CB4U by CB4U
January 7, 2022
in INDIA
0
Meta’s Recent Virtual Concerts Flops Severely, Is Facebook’s Rebrand Becoming Disastrous?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Mark Zuckerberg’s dream of building the metaverse with the rebranding of Facebook to Meta may be off to a rocky start already. Meta hosted a series of virtual concerts on its Horizon Venues app, where people can watch concerts, sports, and more together. According to reports, the event failed to draw much attention.

The virtual concerts featured performances from Grammy award-winning artists including rapper Young Thug on Boxing day, and DJ and producer David Guetta, and EDM duo The Chainsmokers on new year’s eve. However, Futurism, a science and technology new platform, reports that the concerts were a flop as far as viewers count were concerned.

According to Futurism, despite being free, the performance by Young Thug got just a little over 100,000 viewers while David Guitar’s got close to a million viewers. The performance of the Chainsmokers seems to have been removed according to the report. Even worse, the report notes that the concert failed to generate much attention from the media and social media users and also had technical issues.

Meta is forging on with its metaverse dreams despite stiff competition

Despite the relatively mellow VR concert turnout, the move is a bold one from Meta which can be considered to be in the early days of its development. At the moment, its virtual reality platforms still claim to be under development and hence prone to bugs which it encourages users to point out.

Meanwhile, the newly established and refocused company has been making moves to make its suite of virtual reality and augmented reality offering a seamless experience for users. It has announced that it will fuse three main social VR apps – Horizon World’s, Horizon Venues, and Horizon Workrooms.

Zukerberg firmly believes that the future of social media is firmly in the metaverse where users can interact with themselves in simulated worlds as avatars. Many technology enthusiasts also share this belief. However, not every observer is excited by the prospect of Meta, a centralized organization holding significant power in this future for social media.

In fact, for most cryptocurrency proponents, the best way to go about developing the metaverse is for it to be grounded in decentralized technology and blockchain. Several cryptocurrency projects are already developing their metaverse projects on the blockchain. According to data from CoinMarketCap, metaverse tokens have gained a combined market cap of over $35 billion.

The biggest of these platforms including Decentraland (MANA), Axie Infinity (AXS), and The Sandbox (SAND) offer NFT gaming and play-to-earn models that have attracted a lot of users. Decentraland (MANA) has a market cap of over $5 billion and has seen plots of virtual land sell for over $2 million.

However, Zukerberg’s Meta is not the only company looking to make a significant share of the metaverse. Nvidia also has its eyes set on bringing its own metaverse to market.

 

 

Disclaimer

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

About Author

Advertisement Banner
Previous Post

Best Time To Accumulate Free Crypto (Calm Before Bitcoin The Storm)

Next Post

Bitcoin Hashrate Falls 12% Amid Kazakhstan Internet Shutdown

CB4U

CB4U

Next Post
Bitcoin Hashrate Falls 12% Amid Kazakhstan Internet Shutdown

Bitcoin Hashrate Falls 12% Amid Kazakhstan Internet Shutdown

Discussion about this post

RECOMMENDED

Dev clears up what’s going on

Dev clears up what’s going on

2 months ago
$500M Liquidated as Bitcoin Crashes to December 2020 Price Below $25K

$500M Liquidated as Bitcoin Crashes to December 2020 Price Below $25K

2 weeks ago

DON'T MISS

Digital Asset Products Experienced Largest Outflows Last Week: Report

Digital Asset Products Experienced Largest Outflows Last Week: Report

June 27, 2022
ADA Consolidates as Price Drops Below $0.50

ADA Consolidates as Price Drops Below $0.50

June 27, 2022
How Pionex’s Trading Bots Can Help Manage Risk – Sponsored Bitcoin News

How Pionex’s Trading Bots Can Help Manage Risk – Sponsored Bitcoin News

June 27, 2022
Ethereum Energy Consumption Sees Sharp Decline As Mining Profitability Drops

Ethereum Energy Consumption Sees Sharp Decline As Mining Profitability Drops

June 27, 2022
Crypto Currency Bazaar 4u

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Digital Asset Products Experienced Largest Outflows Last Week: Report

Digital Asset Products Experienced Largest Outflows Last Week: Report

June 27, 2022
ADA Consolidates as Price Drops Below $0.50

ADA Consolidates as Price Drops Below $0.50

June 27, 2022
How Pionex’s Trading Bots Can Help Manage Risk – Sponsored Bitcoin News

How Pionex’s Trading Bots Can Help Manage Risk – Sponsored Bitcoin News

June 27, 2022

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $44,236.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $3,099.46 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $429.53 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $1.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $1.09 5.58%24H
  • chainlink
    Chainlink(LINK)
    $16.79 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $339.29 5.04%24H
  • stellar
    Stellar(XLM)
    $0.219 4.19%24H
  • vechain
    VeChain(VET)
    $0.060 7.84%24H
  • tezos
    Tezos(XTZ)
    $4.15 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00100 3.34%24H