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How to resurrect the ‘Metaverse dream’ in 2023

Published 01/17/2023, 09:30 AM
Updated 01/17/2023, 09:40 AM
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.

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