Fortnite is More than a Virtual Game! Soon could Compete with Meta

Tech giants like Meta and Microsoft might be investing heavily into the Metaverse but Fortnite will soon lead the race.

In recent years, Facebook (now Meta), Google, and Samsung have all made heavy investments in cloud computing and virtual reality companies in anticipation of a Metaverse. Among all, Meta is considered the top player in the field of Metaverse but not anymore. Because it comes to who owns better metaverse? Experts say it's Fortnite. Why? Well, Epic Games has certainly invested a lot of time, money, and effort in making the Fortnite Metaverse a reality. Characters from all possible universes are a part of the Battle Royale game. Collaborations ranging from singers and actors to video games and superheroes are also part of the Battle Royale game.

Many still do not understand the extent of how big the Multiverse is in Epic's Battle Royale. This vastness has also given rise to a market for Fortnite accounts for sale, where players seek to acquire accounts with rare skins and items. Since the skins are always in rotation, it is hard to picture all of them in the game at a single time. However, popular YouTuber NickEh30 recently made a short video bringing together the biggest collaborations to have arrived on the island, and it looks nothing short of magnificent. The trading of Fortnite accounts for sale has become a significant aspect of the game's economy, reflecting the growing interest in digital ownership within the Metaverse.

Not just Epic Games but Samsung too is working on making Fortnite's metaverse the best in the world. After launching virtual worlds in Decentraland, ZEPETO, and Roblox earlier this year, Samsung unveiled at Galaxy Unpacked 2022 that it will soon release its island in the Fortnite metaverse.

Called "Smart City," Samsung's Fortnite metaverse island celebrates the launch of the company's latest foldable phones, the Galaxy Z Fold 4 and Galaxy Z Flip 4. Fortnite players visiting Samsung's Island will be able to experience and interact with Samsung products in the virtual environment.

Meta is not giving up on Metaverse

Zuckerberg also announced that Meta is expanding its NFT test on Instagram so more creators around the world can display their NFTs on Instagram. The supported blockchains for showcasing NFTs on Instagram are Ethereum and Polygon, with support for Flow and Solana coming soon. Zuckerberg noted that the company will bring this test to Facebook soon too, starting with a small group of U.S.-based creators. The Facebook test will allow creators to cross-post on Instagram and Facebook. Meta is also going to test NFTs in Instagram Stories with SparkAR soon.

Decentralizing talent

According to CoinTelegraph, more than 50 million creators are driving their economy of talent, attracting more than US$800 million in venture capital. Such figures are but a shadow of what they can become later, as new venues are rapidly becoming available.

To start, the blockchain allows you to own digital goods in a virtual world. You won't just own that NFT in the real world, you'll own it in the virtual world, too. In addition, the metaverse isn't being built by any one group or company. The development of blockchain technologies has resulted in a sweeping revolution across financial markets, empowering individuals instead of institutions and channeling ownership of data and funds to their holders. The qualities of the blockchain — immutability, full transparency, and the trustless nature of operations — have permeated many industries, swooning the balance of business orientation from centralized corporate reliance to decentralization. This shift in the basic concepts that govern relations between participants to transactions, facilitated by smart contracts, has not gone unnoticed in the creator economy.

Instagram Creator Marketplace

Meanwhile, Instagram Creator Marketplace testing is underway to enable the creators to be discovered and paid as well as enable brands to share new partnership opportunities. In addition, the company is also expanding its digital collectibles creators to use and showcase NFTs on Instagram. The CEO said that the feature will be coming soon to Facebook and it will start with a small group of US creators, however, there will be some specific requirements that the creators will have to meet so that the new upgrade will only be available to eligible creators.

However, Instagram is already using the feature after testing the NFTs through their Digital Collectibles in May, besides that, TikTok has its creator marketplace. This challenges Meta to look for more unique content for its platform despite much scrutiny from whistleblowers.

Curbing fake Meta Reviews

As more people and businesses rely on valuable feedback from customers—such as ratings, reviews, recommendations, and questions & answers— and Meta is dedicated to keeping that information relevant and authentic. On June 20, Meta launched a new Community Feedback Policy after some users started spreading fake news on the platform especially the business community who use the platform for advertisement. The new policy was created to ensure that reviews are based on real purchasing experiences, and to keep irrelevant, fraudulent, and offensive feedback off of our platforms.

More than 200 million businesses connect with their customers through Facebook's apps and technologies. Community feedback provides businesses with helpful insights from their customers and helps people make trusted purchasing decisions as they discover new products.