Two companies have agreed on the terms for a new type of app called “metaverse browsers.” Epic Games and Google are resolving their differences and aligning on app store strategies. They have agreed on terms for “metaverse browsers” as revealed in a redacted revised binding term sheet. Though the term “metaverse” is less popular now, Epic’s CEO Tim Sweeney has long discussed its future potential. Epic and Google have previously discussed the metaverse, including mentions of an $800 million Unreal Engine deal. Key details on metaverse browsers are redacted, but they will allow metaverse world navigation, support portable virtual items and identities, and have modern security features. Epic’s blog hints at Google supporting an open metaverse. Epic and Google spokespeople declined to comment further.
