Post
Topic
Board Economics
Re: Is Metaverse still a thing
by
Renampun
on 24/10/2022, 21:32:02 UTC
Facebook has wasted too much of its money on these Metaverse craps but it still going nowhere. Most users saw they receive no real benefit over normal Facebook when switching to this Metaverse universe. They knew only Facebook get something out of it: money from advertisers to put ads on the Metaverse place with a huge amount of users hanging around. Of course, Facebook wants to encourage people to use it, paying KOLs to use it and influencing their followers to increase the users count. But as always, your money can't just keep people turning in to use Metaverse when again, no real benefit for the normal users. Unless Facebook changes its approaching, tough luck, they're going to lose more money while their Metaverse craps will keep going nowhere, being a huge money pit.
Facebook spent a lot of money to develop its Metaverse but didn't realize that the public wasn't ready for it. it's too early to believe that the metaverse will be in demand fast, when people's mindsets grow slowly, society still needs more time to accept the metaverse.
metaverse the first boom when the pandemic occurred at that time many people thought that everything would be safer to do at home but after the pandemic ended people returned to their original habits because it was more comfortable to do face-to-face.