Source: news.google.com
For Mathieu Nouzareth, US CEO of Sandbox, the last few weeks have been a bit of a bizarre one.
Sandbox is developing an alternative metaverse to the one Meta Platforms is building, and Nouzareth is hearing everywhere that the metaverse is in trouble.
However, he is hiring and continues to invest and grow his business.
His problem is that for Main Street, the metaverse is Mark Zuckerberg and his Meta/Facebook (GOAL) social media empire Zuckerberg in October 2021 gave Facebook a new name, Meta, explaining that the metaverse was the next big thing.
A year later, Meta has lost $16 billion for this vision of an immersive 3D world in which we will interact through avatars, enabled by hardware like virtual reality goggles and headsets.
Critics say that Horizon Worlds, Meta’s…
Read More at news.google.com