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Top 10 Reasons The Metaverse Would Fail Miserably In 2023

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Top 10 Reasons The Metaverse Would Fail Miserably In 2023

Source: news.google.com

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There are enough reasons to explain why the Metaverse would fail. Here are the top 10

The Metaverse, touted as the next tipping point in the digital world, is at a crossroads. Touted as Web 3.0 with the promise of a virtual reality experience at its core proposition, it is now fighting to avoid falling through. And this is before it could even begin. Since its shares were filed, it had lost nearly $18 billion in the Reality Labs segment with revenue of just over $4 billion. For many reasons, it has turned out to be an overhyped concept and most of the users lose interest in the Meta concept. According to a recent WSJ article, Meta’s Horizon World hardly attracts consumer interest. Most users do not return to the virtual world after the first month and therefore the user base remains constant…

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