Recently, ahead of the 2023 Game Developers Conference, the GDF surveyed 2,300 game industry professionals with its State of the Games Industry survey. When asked about the possibility of a company delivering on its Metaverse promises, developers were split: 45% believed it was impossible. Support is waning too, as last year only 33% of developers felt the promised metaverse was impossible.

Skeptics of a sustainable Metaverse cited “the unclear definition of the concept, the lack of substantial interactivity, and the high cost of hardware (particularly VR headsets)” as the main factors hindering the success of a Metaverse. And they may not be wrong. When “Horizon Worlds” launched in December 2021 and failed to attract players (according to The Wall…