{"id":18529,"date":"2023-05-10T03:04:27","date_gmt":"2023-05-10T03:04:27","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/epic-ceo-mocks-metaverse-is-dead-notion-600m-coming-to-the-wake\/"},"modified":"2023-05-10T03:04:29","modified_gmt":"2023-05-10T03:04:29","slug":"epic-ceo-mocks-metaverse-is-dead-notion-600m-coming-to-the-wake","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/epic-ceo-mocks-metaverse-is-dead-notion-600m-coming-to-the-wake\/","title":{"rendered":"Epic CEO mocks \u2018metaverse is dead\u2019 notion \u2014 600M coming to the \u2018wake\u2019"},"content":{"rendered":"
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Epic Games CEO Tim Sweeney is just as optimistic about the Metaverse as ever, after poking fun at a recent suggestion that online virtual worlds are \u201cdead.\u201d<\/p>\n

The now-billionaire video game entrepreneur \u2014 creator of the Unreal Engine and Fortnite \u2014 took to Twitter on May 9 to mock a newly published article from Business Insider titled \u201cRIP Metaverse, we hardly knew ye.\u201d<\/p>\n

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The metaverse is dead! Let’s organize an online wake so that we 600,000,000 monthly active users in Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox, and VRChat can mourn its passing together in real-time 3D.https:\/\/t.co\/tRpFHsdZLw<\/p>\n

\u2014 Tim Sweeney (@TimSweeneyEpic) May 9, 2023<\/a><\/p><\/blockquote>\n

The article by PR firm CEO Ed Zitron suggested the \u201conce-buzzy technology\u201d had \u201cdied after being abandoned by the business world.\u201d<\/p>\n

The article made particular mention of Meta\u2019s virtual reality (VR) platform Horizon Worlds which Zitron claims has failed to live up to its \u201cgrand promise\u201d of becoming the future of the internet.<\/p>\n

It also mentions Decentraland and Yuga Labs\u2019 Otherside as examples of Metaverses that have seemingly failed to live up to their hype and claimed investors have turned their attention to the next big tech fad \u2014 generative AI. <\/p>\n

Excerpt from RIP Metaverse – An obituary for the latest fad to join the tech graveyard. Source: Business Insider<\/figcaption><\/figure>\n

Sweeney however doesn\u2019t appear to agree, suggesting there are 600 million users across virtual world platforms such as Fortnite, Minecraft, Roblox, The Sandbox and VR Chat. <\/p>\n

\u201cThe metaverse is dead! Let\u2019s organize an online wake so that we 600,000,000 monthly active users in Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox, and VRChat can mourn its passing together in real-time 3D,\u201d he joked, which was echoed<\/a> soon after by Sandbox CEO Sebastien Borget.<\/p>\n

Related: <\/em><\/strong>Meta coughing up big money to developers building its metaverse<\/em><\/strong><\/p>\n

In April 2022, Epic Games announced a $2 billion funding round with the aim of accelerating the company\u2019s plans for the Metaverse. The investment included a $1 billion investment from Sony Group and KIRKBI, the holding company behind the LEGO Group. <\/p>\n

It came not long after LEGO Group and Epic Games announced they were entering a long-term partnership to build a \u201cfamily-friendly\u201d Metaverse. <\/p>\n

Neither company is yet to reveal what plans entail. However, Lego Group chief executive Niels Christiansen told the Financial Times earlier this year that it is looking to announce more details about the collaboration.<\/p>\n

Web3 Gamer: \u2018Ethical\u2019 SBF game axed, Web3 games sign-up process sucks, Tomb Chaser<\/em><\/strong><\/p>\n<\/div>\n