It will be built by creators and developers making new experiences and digital items that are interoperable and unlock a massively larger creative economy than the one constrained by today’s platforms and their policies. The metaverse will not be created by one company. This isn’t about spending more time on screens it’s about making the time we already spend better. You’ll move across these experiences on different devices - augmented reality glasses to stay present in the physical world, virtual reality to be fully immersed, and phones and computers to jump in from existing platforms. Your TV, your perfect work setup with multiple monitors, your board games and more - instead of physical things assembled in factories, they’ll be holograms designed by creators around the world. Think about how many physical things you have today that could just be holograms in the future. You’ll be able to spend more time on what matters to you, cut down time in traffic, and reduce your carbon footprint. This will open up more opportunity no matter where you live. In this future, you will be able to teleport instantly as a hologram to be at the office without a commute, at a concert with friends, or in your parents’ living room to catch up. We made a film that explores how you might use the metaverse one day. In the metaverse, you’ll be able to do almost anything you can imagine - get together with friends and family, work, learn, play, shop, create - as well as completely new experiences that don’t really fit how we think about computers or phones today. That is why we are focused on building this. Feeling truly present with another person is the ultimate dream of social technology. The defining quality of the metaverse will be a feeling of presence - like you are right there with another person or in another place. We call this the metaverse, and it will touch every product we build. The next platform will be even more immersive - an embodied internet where you’re in the experience, not just looking at it. We’ve gone from desktop to web to mobile from text to photos to video. As connections got faster, video became a richer way to share experiences. When we got phones with cameras, the internet became more visual and mobile.

When I started Facebook, we mostly typed text on websites. In recent decades, technology has given people the power to connect and express ourselves more naturally. We are at the beginning of the next chapter for the internet, and it’s the next chapter for our company too.

Read Zuckerberg’s founder letter 2021 below: “As our new brand starts showing up in our products, I hope people around the world come to know the Meta brand and the future we stand for,” the letter reads in part. That means that over time you won’t need a Facebook account to use our other services. “From now on, we will be metaverse-first, not Facebook-first. And now we have a name that reflects the breadth of what we do. “But all of our products, including our apps, now share a new vision: to help bring the metaverse to life. We’re still the company that designs technology around people. Our apps and their brands aren’t changing either. “Our mission remains the same - it’s still about bringing people together. “To reflect who we are and the future we hope to build, I’m proud to share that our company is now Meta. As we broaden our vision, it’s time for us to adopt a new brand. The metaverse encompasses both the social experiences and future technology. “Our work on the metaverse is not just one of these segments. We’re now looking at and reporting on our business as two different segments: one for our family of apps and one for our work on future platforms. “We just announced that we’re making a fundamental change to our company. Instead of having Facebook as the parent company and also having the Facebook app, the CEO has now made it easier to differentiate between the company and the products the company creates. This goes further to mean that the Facebook app, Messenger app, the Instagram app, WhatsApp, Oculus, Workplace, Portal and Novi are now all bundled under Meta as the parent. Zuckerberg himself made this clear in the 2021 founder’s letter in which he stated: “Our apps and their brands aren’t changing… And now we have a name that reflects the breadth of what we do”. What this means is that although the parent company, Facebook has changed name to Meta, the name of the Facebook app as we know it will remain the same. Zuckerberg made this known on Thursday in his 2021 founder’s letter, stressing that the mission of his company remains the same - bringing people together.

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