• The long-awaited metaverse has suffered a series of losses ranging from declining daily users to billions wiped from its market capitalization.
• After pouring billions into the project, Mark Zuckerberg’s Meta lost nearly 75% in value as its augmented reality division posted losses in every quarter.
• Investors across all metaverse platforms are optimistic that, like the crypto winter raging across the industry, there will be light at the end of the tunnel.

If wishes were granted in the metaverse, the first would be to remove the year 2022 from the history books and continue with the highs of 2021.

The metaverse resonated in the crypto spaces for a while, but it exploded in late 2021 when Facebook founder Mark…