Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’

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Epic Games CEO Tim Sweeney remains optimistic about the Metaverse after teasing recent suggestions that virtual worlds online are “dead.”

The creator of Unreal Engine and Fortnite, now a billionaire video game entrepreneur, took to Twitter on May 9 with a new Business Insider release, “RIP Metaverse, we’ve got you almost I didn’t know,” ridiculed the article titled.

The metaverse is dead! Host his wake online so his 600 million monthly active users across Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox and VRChat can mourn their death together in real-time 3D.https://t.co/tRpFHsdZLw

— Tim Sweeney (@TimSweeneyEpic) May 9, 2023

Article by PR firm CEO Ed Zitron was suggested “Once viral technology” is “dead and abandoned by the business world.”

The article specifically mentions Meta’s virtual reality (VR) platform, Horizon Worlds, and claims that Zitron failed to deliver on its “grand promise” of being the future of the Internet.

He also cites Decentraland and Yuga Labs’ Otherside as examples of the metaverse, but they seem to have failed to live up to the hype and say investors are turning their attention to the next big tech craze: generative AI. claim.

But Sweeney doesn’t seem to agree, suggesting that there are 600 million users across virtual world platforms like Fortnite, Minecraft, Roblox, The Sandbox and VR Chat.

“The Metaverse is dead! Let’s host an online wake so 600 million monthly active users of Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox and VRChat can mourn its death together in real-time 3D.” he joked. echoed Soon after, by Sandbox CEO Sebastien Borget.

Related: Meta Pours Big Money into Developers Building the Metaverse

In April 2022, Epic Games announced a $2 billion funding round aimed at accelerating the company’s plans for the Metaverse. The investment included his $1 billion investment from the Sony Group and his KIRKBI, the Lego Group’s holding company.

This comes not long after the LEGO Group and Epic Games announced a long-term partnership to build a “family-friendly” metaverse.

Neither company has yet disclosed what the plans will entail. However, Niels Christiansen, CEO of the Lego Group, said: Said The Financial Times reported earlier this year that they would be announcing details of the collaboration.

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