Tim Cook of Apple Claims Metaverses Have “Potential”

Since fall 2021, many big companies have commented on the rising popularity of metaverses. Steam banned any games featuring blockchain from its digital store, while the Epic Store welcomed them with open arms. Meta announced its active course on the development of the technology. Gaming companies such as Square Enix, Ubisoft, and Electronic Arts have expressed their favour for metaverses as well. For their part, Apple had remained neutral on the topic – that was, until now. 

During the company’s Q1 2022 earnings call, Tim Cook, the current CEO of Apple, commented: 

“Well, that's a big question [the Metaverse opportunity and Apple's role in that market], but we're a company in the businesses innovation so we're always exploring new and emerging technologies, and I've spoken at length about how it's very interesting to us right now. We have over 14,000 AR Kit apps in the App Store which provide incredible AR experiences for millions of people today. So we see a lot of potential in this space and are investing accordingly.” 


See what other big companies had to say on metaverses and blockchain here:  

Sega Registers NFT Trademark: Ambiguity or Hypocrisy? 

Konami Releases Castlevania NFT Memorabilia to Celebrate Its 35th Anniversary  

Square Enix’s President Declares Decentralized Gaming Is the Future  

Ubisoft Continues to Stand Its Ground Regarding NFTs  


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    This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

    Nazar Kuzmyn

    Nazar is editor and gaming journalist at DailyCoin. As a gamer with experience, he writes about blockchain gaming gimmicks and peculiarities, conducts interviews at gaming conferences, and creates content focused on the point where traditional gaming meets crypto gaming in DailyCoin’s "Imaginarium" section. His work usually covers topics such as: "What would happen if the most popular games implemented blockchain?" Nazar started his career in media in 2017 at a small local TV-radio station. Later, he obtained a master's degree in Journalism and Media Industries, worked for several blogs, and then landed in the crypto world.