Facebook CEO Mark Zuckerberg officially announced a new name for the parent company that houses Facebook, WhatsApp, Instagram, etc. The company, which was originally called Facebook Inc. has now changed its name to Meta.

Zuckerberg announced the name change at the annual conference which was held on Thursday (28/10/2021) UST. According to Zuckerberg, the name change was made to reflect the big goals of his company.

As is known, Facebook is currently intensively echoing the term metaverse, which combines the real world with the virtual. “To reflect who we are and what we build. Over time, I hope we are seen as a Metaverse company,” Zuckerberg said.

What Is Its Impact to the Crypto Market?

According to researchers, in the next decade most people will spend their time in the virtual and 3D space. Blockchain, NFT, and crypto are pushing to build a new ecosystem so that one day humans can appear in virtual spaces as full-bodied avatars, or appear as holograms in real-world living rooms.

As in the previous article, we mentioned that there is a possibility that the metaverse will become a new trend in the cryptocurrency market.
According to CoinGecko, the token or coins from the blockchain project with the metaverse concept encountered a significant increase.

For example, both Decentraland (MANA) and SANDBOX (SAND) are up more than 50% while Starlink ( STRL ) is leading with 120%

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