What happened to the metaverse hype? Is it dead?

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What happened to the metaverse hype? Is it dead?

Looking at this chart of all major metaverse projects, there seems to be no activity in price.

Gihan Wijethunga Answered question July 8, 2024
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Metaverses are incredibly complicated to execute, and require a massive network-effect buy in from users before they do the things well that they’re meant to. There will certainly be successful metaverses. You could argue there already are some, like Roblox. But it will be a long time before the ready player one metaverse all the projects were hyping will be ready for action, and they 100% were just trying to catch the narrative to make a bunch of money selling stuff.

adrian ondachchi Answered question July 8, 2024
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