Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Mark Zuckerberg Still Has Faith in the Metaverse

    Mark Zuckerberg Still Has Faith in the Metaverse

    0
    By adewale on December 1, 2022 Blockchain News, Companies, News
    Mark Zuckerberg of Meta Still Has Faith in the Metaverse
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mark Zuckerberg, CEO of Meta, stated at the DealBook Summit that he continues to have long-term optimism for the Metaverse. In addition to this, he is unfazed by the doubts surrounding the current model.

    At a meeting attended by several of the most prominent figures in the financial industry, Zuckerberg was questioned about the increasing worries regarding the Metaverse. His statement gave the audience confidence that he had not abandoned his faith. In addition, he discussed the future possibilities of the development starting from where it is now.

     The Five-to-ten-year Horizon

    The Metaverse has encountered its fair share of detractors and doubters since it was first announced. But those voices seem to need to get through to Meta’s CEO, who spoke positively about the company’s future through Coindesk.

    According to Zuckerberg,

    “The way we communicate gets richer and more immersive.” After that, he discussed with those in attendance that Meta is enthusiastic about developing the platform within the “Five-to-ten-year horizon.”

    Meta CEO Strong Faith

    At the DealBook Summit, Meta CEO Mark Zuckerberg said he still has long-term optimism for the Metaverse. Also, he is unfazed by the doubts surrounding the model in its current form.

    The comments undoubtedly give the impression that Zuckerberg is doubling down on the augmented reality project, which has cost the business billions of dollars. The creator of Facebook is confident that things are progressing correctly.

    What Meta Needs?

    The CEO said,

    “Skepticism doesn’t bother me too much,”. “We’ve had doubters the whole time.”.

    Instead, he told the audience that Meta needed “more efficiency and discipline” right away—particularly considering economic realities that will influence how the platform is created in light of macroeconomic factors.

    Mark Zuckerberg, CEO of Meta,  defends company’s push into the metaverse, where he appeared with a bout of hiccups.

    Zuckerberg revealed that 80% of Meta’s time is spent working on its media suite, which includes various products like Facebook, Instagram, WhatsApp, and more. The Metaverse is thus being developed with the remaining time.

    DealBook Featured Mark Zukerberg Meta Metaverse
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    adewale
    • LinkedIn

    Having a demonstrated track record in offering marketing solutions and assisting the team in translating corporate strategy into efforts that generate engagement, profitability, and success, I am super prepared to extend my service to all interesting blockchain projects. Every day, I want to make a difference and leave a lasting beneficial impact on my community and the world at large. This I accomplish by assisting Blockchain brands and organizations in developing the best content for effective marketing that connects and converts prospects to customers.

    Related Posts

    Hyperliquid’s USDH stablecoin call sparks fairness and governance debate

    September 5, 20253 Mins Read

    SharpLink to explore staking part of its $3.6 billion ETH treasury on Linea

    September 5, 20253 Mins Read

    Strategy Inc.’s path to the S&P 500 faces committee discretion, extreme volatility, and Bitcoin-dependent results

    September 5, 20253 Mins Read

    Coinbase accelerates toward a majority of AI-generated code amid a global trend

    September 5, 20253 Mins Read

    World Liberty Financial Blocks Justin Sun’s Wallet Amid WLFI Controversy

    September 5, 20253 Mins Read

    SEC bets on a pro-crypto agenda with a series of rulemakings on digital assets

    September 5, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.