In a recent statement, Meta’s Chief Executive Officer (CEO) Mark Zuckerberg announced that the company’s Virtual Reality (VR) headset, Oculus Quest, outshines the recently launched Apple Vision Pro.
While Zuckerberg’s support intensifies the ongoing VR rivalry between the two tech giants, it also prompts the question of which VR technology would significantly contribute to the crypto space by fostering adoption.
Meta And Apple Virtual Reality (VR) Showdown
The development and introduction of Virtual Reality have effectively contributed to advancing cryptocurrency and blockchain technology, offering an immersive virtual environment to foster blockchain interactions and crypto transactions.
As a result, prominent tech players like Apple and Meta have been actively working towards creating the best VR technologies to improve virtual world experiences.
Earlier today, on February 14, Zuckerberg posted a video on his official Instagram account, revealing that Meta’s VR headset, Oculus Quest, was superior to Apple Vision Pro. The Meta CEO conducted tests comparing the weight, visualization, and functionality of the two headsets.
According to Zuckerberg, Apple Vision Pro is 120 grams heavier than Quest and has a narrower field of view due to its lack of a wired battery pack. Earlier in February 2023, the Meta CEO also criticized Apple’s VR headset, citing higher costs and increased energy requirements compared to Meta’s headset.
Despite the tech CEO’s judgment, whether advancements in Oculus might impact crypto adoption more than Apple Vision Pro is essential for the nascent sector. Recognizing the potential benefits VR could bring to the crypto space, developing a robust VR headset could further strengthen the crypto industry, presenting opportunities for widespread adoption of cryptocurrencies and blockchain technology.
Convergence Of Virtual Reality And Cryptocurrency
The dynamic Virtual Reality world has become an innovative space for developers to explore new ways to merge immersive VR experiences with blockchain’s decentralized capabilities. Concerning this, VR headsets like Oculus Quest, with their growing popularity, have become a favored technology for crypto and blockchain ventures.
Presently, virtual reality platforms like Somnium Space support Meta’s VR headset. This VR platform offers a blockchain-based economy where users can buy virtual lands, explore an immersive virtual environment, and contribute to the growth and adoption of blockchain technology.
Additionally, applications like VRChat, a growing hub for crypto and Non-fungible token (NFT) communities, demonstrate compatibility with Meta’s VR headset, highlighting a broad range of use cases within the crypto space.
The exact number of crypto-focused applications and projects in the growing VR ecosystem remains fluid due to the continuous evolution of the VR landscape. Still, the Meta product has a clear advantage over Apple and other competitors.
In the long run, Zuckerberg expects that their product and its “open model” can preserve its upper hand over Apple’s and its “close model.”
Cover image from Shutterstock, chart from Tradingview
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