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{"id":8493,"date":"2022-06-23T14:38:11","date_gmt":"2022-06-23T14:38:11","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/06\/23\/zuckerberg-details-his-plan-to-move-your-digital-items-across-the-metaverse\/"},"modified":"2022-06-23T14:38:13","modified_gmt":"2022-06-23T14:38:13","slug":"zuckerberg-details-his-plan-to-move-your-digital-items-across-the-metaverse","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/06\/23\/zuckerberg-details-his-plan-to-move-your-digital-items-across-the-metaverse\/","title":{"rendered":"Zuckerberg details his plan to move your digital items across the metaverse"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/6\/22\/23179058\/mark-zuckerberg-meta-pay-wallet-metaverse-details<\/a>
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\n

Mark Zuckerberg announced on Wednesday<\/a> that Facebook Pay has officially become Meta Pay, but his post is mainly focused on what the company hopes to build in the future \u2014 \u201ca wallet for the metaverse.\u201d While Meta Pay is essentially the same tool as it was before, just with Meta branding, Zuckerberg says the company is working on something that will let users manage their identities, items, and payment methods while making their way through the digital world that Meta bets will be the future.<\/p>\n

The company has hinted at these plans before \u2014 its May announcement<\/a> of the Meta Pay rebranded also mentioned that it was \u201cscoping out what a single wallet experience might look like\u201d with regards to making payments and storing your identity and digital items. Zuckerberg\u2019s post, though, focuses mostly on how the company\u2019s metaverse wallet will enable proof of digital ownership; he mentions how it could be used to create and buy \u201cdigital clothing, art, videos, music, experiences, virtual events, and more.\u201d<\/p>\n

\n <\/p>\n

<\/p>\n\"A<\/p>\n

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Zuckerberg admits the idea is in its early days.<\/em><\/figcaption><\/span><\/p>\n<\/figure>\n

The concept of a wallet that proves you own digital items sounds a lot<\/em> like crypto wallets that hold NFTs<\/a>. And while Zuckerberg\u2019s post doesn\u2019t mention the blockchain at all, the company has recently been working on<\/a> integrating NFTs into Instagram and Facebook. Still, the company hasn\u2019t really said whether it plans on actually building its metaverse using crypto or whether it\u2019ll just take inspiration from it. (Given Meta\u2019s history, the latter may be the best option; its attempt at making an actual cryptocurrency didn\u2019t end well<\/a>, and it\u2019s reportedly looking into a digital currency<\/a> that\u2019s not based on the blockchain.)<\/p>\n

Zuckerberg also says the plan is for Meta\u2019s wallet to be interoperable, letting you bring your goods to \u201cany metaverse experience.\u201d While Zuckerberg has admitted<\/a> that he\u2019s not sure what interoperability will look like between companies, Meta recently helped form a standards group<\/a> with the goal of getting everyone on the same page when it comes to language and tech related to the metaverse.<\/p>\n

The wallet that Zuckerberg details is likely a ways off \u2014 especially if it\u2019s meant to be interoperable based on standards that don\u2019t exist yet. However, that hasn\u2019t stopped the company from selling digital items in the meantime; it already has a store<\/a> that sells clothes for your digital avatars.<\/p>\n<\/div>\n


<\/br><\/code><\/p>\n

Source: https:\/\/www.theverge.com\/2022\/6\/22\/23179058\/mark-zuckerberg-meta-pay-wallet-metaverse-details<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: Mark Zuckerberg announced on Wednesday that Facebook Pay has officially become Meta Pay, but his post is mainly focused on what the company hopes to build in the future \u2014 \u201ca wallet for the metaverse.\u201d While Meta Pay is essentially the same tool as it was before, just with Meta branding, Zuckerberg says the […]<\/p>\n","protected":false},"author":1,"featured_media":8494,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,8],"tags":[18],"class_list":["post-8493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","category-technology","tag-tech"],"yoast_head":"\nZuckerberg details his plan to move your digital items across the metaverse - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2022\/06\/23\/zuckerberg-details-his-plan-to-move-your-digital-items-across-the-metaverse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zuckerberg details his plan to move your digital items across the metaverse - 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