Economic Daily, a Chinese state-run economic newspaper, has published an article pointing out problems with investing in the metaverse. The article says that investments in the metaverse may not be suitable for all regions of the country, comparing the trend to the explosion of new green energy not too long ago.

Economic Daily Warns of Metaverse Euphoria

While the metaverse has become a hot topic after the Covid-19 pandemic, some have been criticizing the euphoria surrounding it. Economic Daily, a state-owned newspaper in China, has dedicated an entire article to warning Chinese citizens about investing significant amounts of funds in metaverses.

The article, published on November 10, states:

The metaverse industry looks promising, but it may not fit all regions. Be cautious with…