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Mark Zuckerberg said Meta aims to be a massive social network with a healthy economy and billions of users spending hundreds of dollars.
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As of late 2021, the word "metaverse" has become increasingly popular in the context of the cryptocurrency business.
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As more people use the metaverse, more events will be held in virtual reality. Stripe's Aleksandra Bal talks about what the EU VAT rules say about events that happen entirely in the metaverse.
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The Decentraland-based event, which had booths from high-end fashion brands, could be the start of a new virtual era for fashion. Besides that, what else could it mean for the future of the business?
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Meta plans to spend the next five to ten years developing an immersive virtual environment with fragrance, touch, and sound that will allow users to lose themselves in virtual reality.