Why is Metaverse so heavily invested, while the results look like this:
In fact, according to data aggregator DappRadar, the Ethereum-based world Decentraland only had 38 “active users” over a period of 24 hours — a confoundingly low number, especially considering the company has a market cap of a whopping $1.2 billion.
$1.2 Billion Metaverse Horrified by Report It Only Had 38 Active Users
And this:
In a follow-up memo dated September 30th, Shah said that employees still weren’t using Horizon enough, writing that a plan was being made to “hold managers accountable” for having their teams use Horizon at least once a week. “Everyone in this organization should make it their mission to fall in love with Horizon Worlds. You can’t do that without using it. Get in there. Organize times to do it with your colleagues or friends, in both internal builds but also the public build so you can interact with our community.”
Meta’s VR platform Horizon is too buggy and employees aren’t using it enough, says exec - The Verge
I don’t get this Metaverse thing at all - why are companies pushing this when it looks obvious neither the tech nor the users are ready for it?