Meta and the Emergence of Web4: What You Need to Know
“The next era of the Internet”
by ChatGPT, reviewed and edited by Timothy Coleman - 16/Feb/2023
What is Web4?
The Internet has gone through several eras, each one bringing significant changes to the way we Interact with technology and with each other. In this new decade, we are witnessing the emergence of a new era: Web4, which is characterized by the immersive web. And at the forefront of this exciting new era is Meta, the company formerly known as Facebook.
Meta
Meta is a Web4 company that is building what is essentially products and services that fall into the category of the immersive web. They are leading the way in building Metaverse platforms and hardware to facilitate entering into this new space.
The Metaverse is a term that has recently gained mainstream popularity, and it refers to a virtual world that can be accessed through a variety of devices, such as VR headsets or smartphones. Meta’s vision is to create a fully-realized Metaverse, a persistent and connected virtual world that is accessible to anyone, anywhere, anytime. Meta’s recent rebranding and announcement of the Metaverse as their next focus confirms their commitment to this vision.
But Meta’s ambitions go beyond just the Metaverse. They are also working on developing hardware that can facilitate our entry into this new immersive web. For example, their Project Aria research focuses on developing a pair of smart glasses that can map the user’s surroundings and provide AR overlays on the real world. This technology could be a crucial element of Web4 as it allows for the seamless integration of digital and physical environments.
Other Web4 Players
Meta is not the only company working on Metaverse platforms and hardware. Decentraland and Sandbox are also aiming to fill the Web4 space (powered by tech which emerged during the emergence of Web3), and platforms such as OVER are building augmented reality platforms that are also Web4-focused. However, Meta’s resources, including their vast user base and deep pockets, give them a significant advantage.
Conclusion
In conclusion, Meta is a company at the forefront of Web4 technology. They are leading the way in building Metaverse platforms and hardware to facilitate our entry into the immersive web. While other companies are also working in this space, Meta’s resources and commitment to the vision of a fully-realized Metaverse give them a significant advantage. The immersive web is the future, and Meta is poised to play a leading role in shaping that future.