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Facebooks goal here is to make sure it builds a Metaverse thats compatible with other services as well as one that has an eye toward inclusivity privacy safety and economic opportunity. Facebook CEO Mark Zuckerberg laid out the companys plans for its billion-dollar metaverse platform called Horizon at the eighth Connect event on Thursday. Facebook S Metaverse Is Rocket Fuel For Blockchain Virtual Land Projects Nextearth Games In 2021 How To Buy Land Image Quotes Censored Facebook plans to spend at least 10 billion this year on Facebook Reality Labs its metaverse division tasked with creating AR and VR hardware software and content. Facebook metaverse . What is the metaverse and why is Big Tech obsessed. For Facebook building out the metaverse is just the next move in a years-long land grab for our online attention. Facebook said Thursday the companys metaverse will support non-fungible tokens NFT in a possible boost to the Ethereum protocol where the digital collectibles format has ...