No offense, but: does this actually relate the metaverse, or was that part added in so Epic Games would fund it? I don't see any first-class features that would be specific to that use case.
It doesn't. This presentation contains absolutely nothing of value for a real programmer trying to actually make stuff. Hopefully we'll get more useful info soon, once it can be used in Fortnite.
Speak for yourself! I got a lot from it that feels immediately practical for my current projects as well as others I want to take on, and it makes logic programming concepts and benefits much more accessible to me than any amount of Prolog literature has so far (granted I came in wanting to be compelled).