- 9 years ago Sticky: Welcome new members!
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+19 +3
The Metaverse Is Failing, But This Is One Investment That Will Not Die.
The metaverse is a failure. The games are stupid. I’ve tried DecentralandMANA 0.0%, which is a token I stupidly own. My avatar keeps banging into walls. Even if I paid for the premium services, skins, or whatever they are called, I could not imagine the experience being all that interesting. The token is off 81% year-to-date. It’s a wonder they are even still in business. Grayscale’s Decentraland ETF is being bought now by crypto vultures who like it at 60 cents and think it might go to a $1 again someday.
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+23 +6
How many more warning signs does Mark Zuckerberg need to see before he pulls the plug on his metaverse?
Mark Zuckerberg should pause, reflect, and ask himself one important question: When is enough, enough?
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+13 +2
Cybersickness Could Spell an Early Death for the Metaverse
Luis Eduardo Garrido couldn’t wait to test out his colleague’s newest creation. Garrido, a psychology and methodology researcher at Pontificia Universidad Católica Madre y Maestra in the Dominican Republic, drove two hours between his university’s campuses to try a virtual reality experience that was designed to treat obsessive-compulsive disorder and different types of phobias.
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+23 +3
Most Metaverse users don't even make it a month, WSJ reports
Meta is struggling to keep users engaged inside the $15 billion Horizon Worlds platform, The Wall Street Journal reported.
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+17 +3
Bain predicts gaming will grow 50% to $300 billion in 5 years
Bain & Company predicted that the game industry’s global revenue could grow by more than 50% over the next five years to $300 billion. In a new research report, the global consultancy said the industry growth is accelerating thanks to heavy engagement of younger gamers (ages 13 to 17) who spend about 40% more in video game environments than with any other form of media.
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+19 +4
Meta documents show main metaverse is losing users and falling short of goals, report says
Facebook owner Meta's Horizon Worlds is failing to meet internal performance expectations, a report says.
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+25 +3
Meta's Shares Are a Hard Sell as Good Old Facebook Days Are Over
In most market environments, a company with one of the lowest valuations in the Nasdaq 100 Index, a solid balance sheet and sales growth averaging 34% a year would be an obvious buy. In the case of Meta Platforms Inc., it’s not so obvious.
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+19 +2
10 Cutting Edge Features to Expect From Apple's Upcoming AR/VR Headset
Apple next year is planning to enter a new product category, launching its first mixed reality headset
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+23 +1
What If the Metaverse Is Better Without Virtual Reality?
Plus: How Mark Zuckerberg fell in love with VR, the fake future of documentaries, and Armageddon.
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+17 +1
Meta’s New Headset Will Track Your Eyes for Targeted Ads
The social media company gets one step closer to reading your mind.
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+19 +7
Meta's 'desperate' metaverse push to build features like avatar legs has Wall Street questioning the company's future
"So, the greatest development of burning $10 billion of cash flow on this endeavor is legs?" the Mirabaud analyst Neil Campling asked.
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+24 +5
Meta’s New Quest Pro VR Headset Harvests Personal Data Right Off Your Face
In November 2021, Facebook announced it would delete face recognition data extracted from images of more than 1 billion people and stop offering to automatically tag people in photos and videos. Luke Stark, an assistant professor at Western University, in Canada, told WIRED at the time that he considered the policy change a PR tactic because the company’s VR push would likely lead to the expanded collection of physiological data and raise new privacy concerns.
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+29 +3
It's painful how hellbent Mark Zuckerberg is on convincing us that VR is a thing
At Meta Connect 2022, the company’s annual developer conference for its VR efforts and Oculus hardware platform, the company announced a lot of stuff — but what it communicated more effectively than anything else was just how incredibly thirsty — one might even say desperate — Mark Zuckerberg is for his metaverse bet to pay off.
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+4 +1
Mark Zuckerberg on the Quest Pro, building the metaverse, and more
As I sat down with Mark Zuckerberg at his office last week for an hour-long conversation, I was wondering if he’d be less enthusiastic about his metaverse vision than he was a year ago.
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+17 +3
Mark Zuckerberg showed his full avatar, which now has legs, in real-time for the first time after Meta was slammed for poor graphics
Adding legs to the new avatars was "probably the most requested feature on our roadmap," Meta CEO Mark Zuckerberg said at the Connect conference.
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+20 +3
Meta's Journey to Innovation: Zuckerberg's Big Bet on the Metaverse
Meta has tried and failed at imitating successful tech platforms like Substack and Clubhouse, would Mark Zuckerberg’s bet on the metaverse finally be his next success story?
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+21 +3
A new VR exhibit takes you inside the James Webb Space Telescope's images
A new VR and IRL art exhibit by Ashley Zelinskie creatively interprets the images NASA released from the James Webb Space Telescope.
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+20 +1
Meta Quest 2 resolutions per eye are lower than previously stated
Each eye actually gets less than 1920 x 1832 resolution.
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+19 +3
What happened to the virtual reality gaming revolution?
VR hasn't taken over the world, but that doesn't mean it has failed.
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+1 +1
It's Lonely in the Metaverse: Decentraland’s 38 Daily Active Users in a $1.3B Ecosystem
What’s going on in the metaverse these days, you might ask. Looking at two of the biggest companies with over $1 billion valuations, the answer is surprising: Not much, or at least not enough to bring users back every day. According to data from DappRadar, the Ethereum-based virtual world Decentraland had 38 active users in the past 24 hours, while competitor The Sandbox boasted 522 active users in that same time.