Elon Musk criticizes the current state of Web3 and wonders about the future of metaverse -

Elon Musk, CEO of Tesla, criticized the current status of the meta personation and the web3 movement and pointed out that the latter concept is a "marketing key word". The crypto influencer also posted a video in which David Letterman makes fun of the early Internet in an interview with Bill Gates and wonders what the future will bring.

Musk is skeptical about the current web3 movement

The CEO of Tesla and well-known crypto-influencer Elon Musk has published his opinion on the current state of Web3 and the Metaverse movement. Musk is currently skeptical about the validity of the Web3 movement. saying He believes that "at the moment it seems more of a marketing key word as a reality".

Web3 and metavers are terms that include a group of concepts, including blockchain technologies, smart contracts and decentralized economies, the aim of which is to create an alternative reality to reality in which we live. This concept, which was created a long time ago, was recently revived by Meta, the company that was previously known as Facebook. Meta would like to help shape the metaverse with its own tools and developments.

Although Musk does not believe in the current range of these technologies, it is more optimistic about the future and what it could bring to consumers. Musk emphasized:

What does the future look like in the face of the almost unimaginable nature of the present? The only question is what the future will look like in 10, 20 or 30 years. 2051 sounds crazy futuristic!

Web3 potential

The comment that musk has made comes after a video in an interview with Bill Gates the functionality of the early Internet criticized. In contrast to Musk's latest statements, Gates has shown himself as a great supporter of the meta-verse movement and predicted a relocation to virtual spaces. In a post on his personal blog gates specified :

I assume that most virtual meetings in the next two or three years of 2D camera images-which I call the Hollywood Square's model, although I know that it will probably date-to the meta person, a 3D room with digital avatars.

in the same way, companies and investors invest resources in Metaverse-related initiatives. Recently greyscale released the opportunities that could bring the meta-ie as business as it For investors who enter the sector at an early stage, could potentially become a trillion US dollar chance.

What do you think of Musk's opinion on the current state of web3 and meta-verse technologies? Tell us in the comment area below.

sergio goschenko

sergio is a cryptocurrency journalist based in Venezuela. He described himself as late at the game and entered the cryptosphere when the price increase took place in December 2017. With a background in computer technology that lives in Venezuela and is affected by the cryptocurrency boom at the social level, it offers a different view of the crypto success and how it helps the non-banks and under-sector.

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