Billy Markus, co-founder of Dogecoin, has suggested that Elon Musk’s Xapp should explore opportunities in the metaverse sector, providing detailed reasons for his recommendation. This endorsement has triggered speculation regarding the potential direction of both Xapp and the wider metaverse industry.
The metaverse constitutes a virtual realm where individuals engage with one another and explore digital landscapes. Markus foresees Xapp as a driving force in the transition to the metaverse, fostering innovation, creativity, and a distinct viewpoint. The intersection of Musk’s technological initiatives with the metaverse may result in revolutionary progress, such as improvements in virtual reality, blockchain tech, and decentralized applications.
Billy’s support for Elon Musk’s Xapp in a potential metaverse debut implies a deliberate alignment with the rising wave of virtual realms and digital interactions. The metaverse has garnered attention, prompting major tech players to investigate avenues for leveraging the immersive and interconnected characteristics of these virtual domains.
Elon Musk acquired X platform, formerly Twitter, in October 2022 and promptly began rebranding it. Under Musk’s leadership, X underwent significant changes, introducing tools for content creators to craft long posts and engage in live video sessions. This move aimed to attract content makers to the platform.
Further, Elon Musk introduced a Monetization and Subscription feature, enabling content creators, including Billy Markus, to earn a living through monthly payouts for advertisements placed next to their posts with substantial comment threads. However, Musk’s decision to charge users for verification checks drew some criticism.
Elon Musk has not explicitly commented on the suggestion made by Billy Markus. However, Musk’s previous interest in cryptocurrencies and the potential for them to play a role in the future financial landscape suggests that he might be open to the idea of Xapp contributing to the metaverse.
