MultiversX eyes metaverse scalability as CEO sheds light on spatial computing

cointelegraph.com:

The metaverse gained attracted a lot of interest from the crypto community and venture capital firms during the peak of the previous bull market. The likes of Meta and Apple joining the metaverse bandwagon only gave more legitimacy to the concept, but both multibillion-dollar tech firms have taken quite a different approach toward it.

On one hand, Meta shifted its entire focus to virtual reality (VR) and recently released new smart glasses in partnership with Ray-Ban, while Apple incorporated a spatial computing approach focused on augmented reality (AR) and launched its own AR glasses earlier in 2023.

Beniamin Mincu, the CEO of blockchain-based metaverse-focused platform MultiversX, believes the spatial computing approach by Apple is more catered toward the metaverse goal than Meta’s VR Quest headset. In an exclusive interview with Cointelegraph editor Zhiyuan Sun, Mincu said that Meta’s focus on virtual reality could be a mistake, as it isn’t as intuitive, while Apple’s spatial computing approach makes the AR glasses a more intuitive experience.

He explained that Meta’s glasses are only fixated on a particular virtual world, while the metaverse concep is more about an interactive experience within that virtual world. The glasses focus only on one use case rather than multiple ones:

Spatial computing refers to the processes and tools used to capture, process and interact with 3-dimensional data. It can include the Internet of Things, digital twins, ambient computing, augmented reality, virtual reality, artificial intelligence and physical controls. Spatial computing is human interaction with a machine, in which the device retains and manipulates referents to real objects and spaces.

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