The common vision for technology to take a giant leap forward is faltering amid the market downturn. The recent pandemic is said to have fueled technological advancement and brought us many new achievements. Many companies also jumped into the innovation race and began to invest a lot of capital there. From Web 3 to the Metaverse to virtual reality. But now these companies are struggling to move forward with their projects.

Mark Zuckerberg’s Meta, formerly known as Facebook, suddenly emerges as a prominent name. The company took the metaverse concept very seriously, even renaming it as a sign of his dedication. The social media giant has also invested a lot of capital and manpower for its goal. Things could go well, but they didn’t last long.

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