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Game developers give the metaverse a thumbs down

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Game developers give the metaverse a thumbs down

Source: news.google.com

News: Nearly half of game developers think “the metaverse concept will never keep its promise,” according to a game developer conference survey of 2,300 employees.

What does this mean: The poll amounts to a poor vote of confidence in the promise of the metaverse from the employees who will be working on the ground to create it, at a time when its future is uncertain.

  • Goal is the company primarily responsible for pushing the idea of ​​the metaverse into the public consciousness, but its expensive ambitions have had to take a back seat due to falling ad sales. Falling revenues and rising interest rates make startups like the metaverse too risky for investors to back.
  • If there’s hope for the metaverse, it’s pinned on one game company in particular: Epic…

Read More at news.google.com