The metaverse hype that surged during the Covid-19 pandemic has largely fizzled out, as Korean tech companies shut down the virtual meetup services they launched during the heyday with an ambition to impact social media and gatherings culture.
Within the billionaire bubble there was a lot of hype. Outside of that, not so much.
A new platform to colonize, gathering info on what people were looking at in the virtual world and selling that to advertising made their wallets go very erect.
I think the biggest part was selling people fake clout for a nearly 100% profit margin. They were going to sell us virtual clothes and status in mass en masse for our very real money. Not that this doesn’t already happen in gaming but it would have been expanded greatly
Within the billionaire bubble there was a lot of hype. Outside of that, not so much.
A new platform to colonize, gathering info on what people were looking at in the virtual world and selling that to advertising made their wallets go very erect.
I think the biggest part was selling people fake clout for a nearly 100% profit margin. They were going to sell us virtual clothes and status
in massen masse for our very real money. Not that this doesn’t already happen in gaming but it would have been expanded greatly