On Thursday, Oculus’s Chief Technology Officer John Carmack said during a live keynote speech about Facebook’s new metaverse that “it’s unlikely we’re going to be in the completely open crypto world of things.”
Earlier that day, Facebook rebranded itself as ‘Meta’, signaling its intention to go all in on the metaverse. Under the new ‘Meta’ umbrella, current services like Facebook and Whatsapp will retain their current branding, while Facebook’s VR headset company Oculus will rebrand in 2022.
In the keynote, Facebook said that NFTs and crypto will inevitably play a part in the metaverse, leading many crypto fans to wonder just how big a part it will play.
John Carmack delivered his own keynote and said that, while Meta would no doubt use crypto transactions, it shouldn’t be considered as a completely open crypto-friendly platform.
“Everybody agrees you have to be able to make a living in the metaverse. Commerce is gonna be a part of it, but I use
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