Epic’s Plans for the Metaverse Explained
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Epic Games and Apple are still in the middle of their court battle over digital marketplaces and antitrust laws but have you stopped to wonder why Epic would put so much on the line to try and beat one of the world's biggest tech companies in court?
Obviously, it’s an issue of potential revenue to be gained from a more open marketplace but if money was Epic’s only concern then they sure went about this court case in a weird way, intentionally getting banned from the App Store and sacrificing millions of Fortnite players in the process.
Today we are taking a step back to look at the slightly larger digital picture and explain the metaverse along the way.
We hope you enjoy this video and thanks for watching.
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SOURCES
[Epic Games] Epic is raising a billion dollars to fund the metaverse
https://www.epicgames.com/site/en-US/news/announcing-a-1-billion-funding-round-to-support-epics-long-term-vision-for-the-metaverse
[Sportskeeda] Epic lost millions of players after Apple ban
https://www.sportskeeda.com/esports/news-fortnite-lost-60-ios-players-apple-s-ban
[BusinessWire] Epic Games invest $15 million into Manticore
https://www.businesswire.com/news/home/20200922005811/en/Epic-Games-Leads-15M-Investment-in-Manticore-Games%C2%AE
[TechCrunch] Manticore games raise 100 Million dollars for their creator metaverse
https://techcrunch.com/2021/03/31/manticore-games-raises-100-million-to-build-a-creator-multiverse/
[Hollywood Reporter] Sony invests $200 million dollars into Epic’s multiverse
https://www.hollywoodreporter.com/news/sony-invests-200-million-more-in-epic-games-as-part-of-1-billion-funding-round
[VentureBeat] Dean Takahashi GamesBeat interview with Tim Sweeney
https://venturebeat.com/2021/01/27/tim-sweeney-the-open-metaverse-requires-companies-to-have-enlightened-self-interest/
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