Metaverse is the next big thing in the Digital Space. The phrase "Metaverse" is unfamiliar to most people. The question of how to build one remains a tough topic to answer. This article explains different developments around Metaverse. Let's explore.
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Here's a step-by-step tutorial on how to explore and play in The Sandbox metaverse.
Meta (previously Facebook), which laid off more than 11,000 people in 2022, is apparently failing to acquire and retain customers on Horizon Worlds, its social virtual reality (VR) platform, which is its biggest bet to realize its $10 billion metaverse ambition.
The Metaverse is a fictitious version of the internet that serves as a worldwide and immersive virtual world. As the Metaverse expands and offers more services, more countries are exhibiting an interest in its technology.
With a $3.67 billion loss reported for the third quarter of 2022, Big Five technology firm Meta is still burning through funds through Reality Labs, its Metaverse research and development division, and predicts that losses will worsen next year.