MultiversX eyes metaverse scalability as CEO sheds light on spatial computing By Cointelegraph

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The metaverse gained attracted a lot of interest from the crypto community and venture capital firms during the peak of the previous bull market. The likes of Meta (NASDAQ:) and Apple (NASDAQ:) joining the metaverse bandwagon only gave more legitimacy to the concept, but both multibillion-dollar tech firms have taken quite a different approach toward it.

On one hand, Meta shifted its entire focus to virtual reality (VR) and recently released new smart glasses in partnership with Ray-Ban, while Apple incorporated a spatial computing approach focused on augmented reality (AR) and launched its own AR glasses earlier in 2023.