The Metaverse Is Down, However May Not Be Out – CryptoInfoNet

The world of know-how is gloomy. The metaverse, a shared digital platform, is even gloomier. Obituaries have turned up prior to now few weeks (‘RIP Metaverse’: Insider; ‘Wasteland’: New York journal; ‘meh-taverse’: Wall Avenue Journal). Gross sales of VR/AR (digital actuality/augmented actuality) headsets are dropping. International shipments of VR/AR units dropped to eight.8 million items in 2022, down 21%, in line with the Worldwide Information Company. Corporations corresponding to Microsoft, Disney and Walmart have reversed their bets on metaverse, resulting in job losses.

The world of know-how is gloomy. The metaverse, a shared digital platform, is even gloomier. Obituaries have turned up prior to now few weeks (‘RIP Metaverse’: Insider; ‘Wasteland’: New York journal; ‘meh-taverse’: Wall Avenue Journal). Gross sales of VR/AR (digital actuality/augmented actuality) headsets are dropping. International shipments of VR/AR units dropped to eight.8 million items in 2022, down 21%, in line with the Worldwide Information Company. Corporations corresponding to Microsoft, Disney and Walmart have reversed their bets on metaverse, resulting in job losses.

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