It’s the end of an era – although in practical terms it will have no effect … well, nothing.
Today, there is meta Announcement That it will switch from its current ‘FB’ Monica to ‘META’ on the stock exchange from June 9.
Such as Meta:
“Meta Platforms, Inc. (Nasdaq: FB) announced today that its Class A common stock will start trading on the NASDAQ under the ticker symbol ‘META’ before opening the market on June 9, 2022. This will replace the company’s current ticker symbol ‘FB’. ‘, Which has been used since its initial public offering in 2012. The new ticker symbol was announced on October 28, 2021, lined with rebranding to meet from the company’s Facebook.“
Meta note that no The change requires the company’s shareholders to take action, and the company’s stock will continue to be technically similarly listed on the NASDAQ, without ticker updates.
In other words, there will be no change other than becoming FB META, which is the final step in its metaverse-connected transformation, which takes it to the next stage.
Which meta flagged its final element Press release:
“When Facebook was launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp have empowered billions of people around the world. Now, Meta 2D is moving towards immersed experiences like augmented and virtual reality to help build the next evolution in social technology beyond the screen.“
Metaverse itself is still a vague concept in many respects, requiring a number of steps to enable a fully open, interactive set of digital fields, which will enable users to move their digital purchases from platform to platform and from place to place, imagined by Meta CEO Mark Zuckerberg. To create the world.
In fact, Juke continues to be enthusiastic about the possibility of the next stage, despite acknowledging that it is going to cost him and his company, Many billions of dollars Before you start paying in any meaningful way.
Zuckerberg recently explained Protocol:
“I want to live in a world where big companies use their resources to take big shots. Obviously, if people invest in our company, we want to be profitable for them. If employees join our company, I want to make sure that it will be a good financial decision for them as well. But I also feel the responsibility to go for it. Make some bets using the position we are in and try to move forward in a way that others cannot.“
There are many risks to this approach, especially in the early days, but looking at the ultimate vision of a fully interactive digital world, it looks like the future, especially when you consider that young people are increasingly interacting in such spaces, gaming environments such as Fortnite, Roblox, Minecraft and more.
If anything, the epidemic has accelerated this change, with ongoing lockdowns and school closures forcing children to find new ways to socialize and communicate with friends. It has created new habitual behaviors, and within ten years, these users will be fully accustomed to engaging in this way, which will spark the actual metavers shift that Juke & Co. is pointing out.
Logically, this probably seems to be progress. But we are not there yet, and the space between the future and the present will lead to much panic and uncertainty about what exactly is included in the metavers.
It will also lead to profits, as with all technological advances, and you can already see consultants and advisory firms that have lost the metavers boat in their big business and want to fear losing their competition. A lot of money is already shifting hands in this regard – but again, Metaverse, in its fully interconnected, inter-communicative, fully interactive state, is not yet here, and will require significant agreement between the major providers. Build on the next step, before taking any big steps.
There are elements, of course, indicating what is coming. But hastening to stay in front of the next wave will be a waste of time, effort and money, when the most important building blocks have not yet been erected.
In other words, you don’t have to buy hype yet, but take note of recent changes and consider future opportunities, with digital products, in particular, valuable new market transitions set to become a transformative component.
From 2030, it will be big, and you can build it into your roadmap, but it will take time. It makes sense to invest in your tech stack, but going everywhere like Juke & Co. can create a lot more risk for small businesses.
