Meta and friends dumped billions into the metaverse, hoping for a virtual paradise—and instead got a very expensive digital ghost town. Was it doomed from the start or just fashionably late? Somebody call Doc Brown, maybe the timeline’s broken! 💸🦄
Hey! Anybody Seen the Metaverse? Last Seen Wearing a Headset and Asking for WiFi
Once upon a Zoom call, tech geniuses and investors dreamed up a place where you and your digital twin could hang out, work, and dodge NFTs like traffic cones. Wait—was this some futuristic utopia? Nope. Just 1992, folks! But sure, then came COVID and suddenly everyone wanted to *be* somewhere else—while still in their pajamas.
Enter Meta—formerly Facebook, now proud owner of overpriced goggles and more branding changes than a Bond villain. Zuck & Co. threw boatloads of cash at the Quest headsets and something called Horizon Worlds. Sadly, there’s more “horizon” than “worlds,” but hey, give them an A for ambition! 🥽
Not to be left out of the digital costume party, Sony started buying up VR sports tech (because who doesn’t want to lose to their virtual self at the Super Bowl?), Disney tried creating a metaverse division (probably pitched by Goofy), and Microsoft jumped in with its own VR stuff—right before they sprinted for the exits.
Crypto folks got all sparkly-eyed and threw $7.6 billion at the trend, hoping to turbo-charge their favorite buzzword soup. Animoca Brands and friends went all in—because when you see smoke, you might as well throw in the fireworks, right? 🎆
But 2023 arrives: investor excitement fizzled out faster than a week-old seltzer. Funding slipped below $707 million and everyone started ghosting the metaverse like a bad Tinder date.
Reality Labs at Meta? More like “Surreality Abs.” The only thing falling harder than their profits was employee morale. Microsoft started axing VR teams. Disney pulled the plug and sent their “Metaverse Avengers” back to regular cubicles. Even the Mouse gets cold feet sometimes.
too soon, too clunky, nobody wants to mortgage their living room. Some still believe there’s hope—if the tech gets slicker, lighter, and makes people look less like they’re about to rob a bank. Until then, pour one out for the metaverse. Or better yet: text your digital avatar, see if it writes back. 🥲🍹
Read More
- SPX PREDICTION. SPX cryptocurrency
- USD PHP PREDICTION
- ICP Soars Towards $5 as DeFi BTC Flows Boost Strength! 🚀💸
- Wall Street Weeps as Bitcoin Forgets Your Calendar: ‘Up and to the Right’ Revealed!
- HYPE: The New Crypto Darling or Just Another Flash in the Pan? 🤔💰
- Zelenskyy’s Not-So-Simple Suit Sparks $79M Betting Bedlam—Who Wore It Best?
- USD CAD PREDICTION
- Bitcoin’s Prophet of Doom for the US Dollar
- TIA PREDICTION. TIA cryptocurrency
- EUR JPY PREDICTION
2025-08-01 14:57