Is the Metaverse finally scoring some achievements? The potentials of focusing on niche products for Metaverse developments over a grip on generic social spaces

Meta sucks, Mark sucks and this isn't because some find Elon more attractive, lol.

Cage fights, social fights, it's fun to watch billionaires try to flex their muscles to millions of poor folks increasing making them wealthier by the minute, but other times it is embarrassing that these people don't have a clue what they are doing - we are largely in a copy and paste era or simply buying out the competitions or niche businesses.

Elon bought Twitter out of the speculation that it was becoming a sound space with so many businesses making connections, this makes him no better than Mark that's good at either copying or buying out competitions, they both have no clue on how to build unique digital products in this times, now before you crucify me, I frankly don't give two shits about rockets, electric cars maybe, but definitely not rockets.

So I can't speak much on Elons' role in Tesla or SpaceX, at the time, I frankly don't care, but when it comes to Twitter, we can all agree that he sucks, this entire jokes he goes around making is intended to give the media what to consistently write about, thus keep the space alive while it is crumbling behind the scenes due to the lack of a unique and innovative product for the public.

Shit, this post isn't even about Twitter, but that piece of information needed to reach the public.

Meta's failure to build a successful Metaverse comes down to three things

• The lack of a definitive stance on what the Metaverse is

• The lack of competitions to copy

• And the focus on "Social Spaces" as the Metaverse

I had to do a lot of thinking for the last one, a huge part of my conclusion was influenced by an article I read recently on metaverse developments which we'll explore below.

First off, the Metaverse lacks a unified definition.

People simply don't understand what it is, it's like the piloting concept of "the everything app," clearly, even though Elon has a vision here, he really doesn't know what "everything" would make such an app whole and frankly speaking, you can't have an everything app without building on the structures of a decentralized internet - Web3.

Is this an indirect LEO shilled?, if you think so, buy here

Back to the Metaverse, reportedly, Meta execs have come to the conclusion that the hype surrounding the Metaverse is dead, this is true, however, it appears they are not entirely out of the game - or so they want the public to think.

“I think the metaverse hype is dead. I think we were in a hype cycle. Like any new thing, and those invested last year, because it wasn’t the hype,” Shah said Tuesday at Fortune Brainstorm Tech in Deer Valley, Utah. “We didn’t invest for the hype, we have been investing in the space for years; the Oculus acquisition was 2014.” - Fortune

Moving on to a comment made by Meta's CTO on the matter during his Q&A session on Instagram, Andrew Bosworth admitted that there are currently no definitive stance on what the Metaverse is, likening it to the Internet by citing the fact that even till today, it is still something that largely lacks a full-round definition.

"Did the term Metaverse do more harm than good?"

Bosworth initially chuckled and then reassured viewers that there was nothing wrong with the term itself. "It does lack definition because we haven't given it full definition yet," he said.

He then compared the ambiguity around the definition of the metaverse to the confusion people experienced in the early 1990s when they were making sense of the internet. "The internet actually is still, to this day, kind of hard to define," he said, adding: "Except that we all know what it is because we use it."

Bosworth said that the issue with the metaverse is that even the people working on it have different understandings of the term. Though, that's normal when you're working on developing new technologies, he added. - Business Insider

How surprising that Meta actually has a grasp on why the Metaverse isn't quite materialized but can't seem to build a successful one, well, that's the thing, you cannot build the Metaverse, you can only build "products" that make up the Metaverse and we'll explore this further below.

Onto the second reason which is the lack of competitions to copy.

Meta is a copying machine, but who isn't really? Some great ideas come as a by-product of testing out existing ones, so yeah, copying does come in handy a lot of time.

When it comes to the Metaverse as the world currently sees it - a screw up digital social universe with avatars moving around trying not to step on each other's wire, there are currently no outstanding builders so Meta had to result to copying companies that were way out of their line of business - blockchain games.

Yes, Meta's development of its Metaverse was mostly off the concepts that were being explored by blockchain games, the problem is obvious, gamers and social media freaks are two very different set of people, you can't please a social media freak with a gaming product which was wack by the way so even the gamers weren't pleased but it's interesting that the company claims they've had over 1 billion people that created their avatars, so the market is there but the worthy Metaverse is no way to be found.

Onto the third reason, the focus on social spaces as the Metaverse

For a company like Meta, it is understood to be focused on social spaces, but this isn't what the Metaverse is all about. It is definitely part of it but it's clear that Meta approached this with a singularity mindset, meaning it conceptualized the Metaverse as a social app, when that is supposed to only be a product that makes up the bigger pie.

Look at the Internet for example, some people will say the Internet is a place for finding information quickly and flexibly, that is true, but is that all?

There are a variety of products and services that make up the Internet, so the closer you look at it, the better you understand that though seemingly separated, it's all wired products and services that bring a greater merit to the sector.

This is where we see companies like Solreader doing exactly what needs to be done to usher in a Metaverse era with its VR Ebook Reader - the first Metaverse Reader, reportedly.

Building a niche product is what's needed.

The Metaverse isn't all about social spaces, heck not everyone wants to be moving around and seeing random faces of potential assholes, some of us just want to read, others want to play games and others maybe just want to be in a peaceful environment listening to music.

So while Meta clearly wants to remain the king of social media, the Metaverse is bigger than that, so the idea of meta controlling the Metaverse is flawed and the idea that any one company can build it is most certainly crazy because it isn't a single product, it is a collection of products and services that solve specific demands.

So yes, the Metaverse is beginning to have some meaning and surely scoring some achievements on developments. Focusing on building niche products is what will effectively bring about the materialization of this universe 2.0, and it won't be done by one company.