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Is the Metaverse Over Before It Even Began?

·3 min read
Is the Metaverse Over Before It Even Began?

Most people probably never even heard of the metaverse before Mark Zuckerberg decided to change Facebook's name to Meta Platforms (NASDAQ: META) and go all-in on alternate reality. CEO Bernard Kim told shareholders Hyperconnect is not working out as planned, and "given uncertainty about the ultimate contours of the metaverse and what will or won't work ... I've instructed the Hyperconnect team to iterate but not invest heavily in metaverse at this time."