How to resurrect the ‘Metaverse dream’ in 2023 By Cointelegraph

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How to resurrect the ‘Metaverse dream’ in 2023

2022 was the year the wheels fell off the metaverse bandwagon, which had been the most hyped narrative as the year began. By far the worst-performing sector in blockchain, the average drawdown was 89%.

Even Facebooks grand plans to dominate the metaverse are in disarray; its losing more than $1 billion a month, while the flagship Horizon Worlds attracts fewer than 200,000 users per month.

Iceland in The Sandbox
Upland partnered with FIFA World Cup to offer an online games element for fans. Source: Upland
Different land types are available from Alien Worlds. Source: Alien Worlds
Artur Sychov, founder of Somnium Space in his headset. Source: Somnium Space
The YGG Founders Coin is a transferable limited-edition NFT that gives holders access to special benefits. Source: YGG
Water Passport for Metropolis World. Source: Metropolis World

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How to resurrect the ‘Metaverse dream’ in 2023

2022 was the year the wheels fell off the metaverse bandwagon, which had been the most hyped narrative as the year began. By far the worst-performing sector in blockchain, the average drawdown was 89%.

Even Facebooks grand plans to dominate the metaverse are in disarray; its losing more than $1 billion a month, while the flagship Horizon Worlds attracts fewer than 200,000 users per month.

Iceland in The Sandbox
Upland partnered with FIFA World Cup to offer an online games element for fans. Source: Upland
Different land types are available from Alien Worlds. Source: Alien Worlds
Artur Sychov, founder of Somnium Space in his headset. Source: Somnium Space
The YGG Founders Coin is a transferable limited-edition NFT that gives holders access to special benefits. Source: YGG
Water Passport for Metropolis World. Source: Metropolis World

Continue Reading on Coin Telegraph

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