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Metaverse: What’s happening now and what does the future hold?

  • November 25, 2022
  • 25 views

Google Trends data shows that interest in meta universes reached an all-time high in January. But it already dropped significantly in the second quarter of 2022 and has been plateauing ever since.

What’s happening now?

Metavsels on blockchain are competing with AR and VR. Experts say that blockchain-built meta-villages may not be the dominant environment of the future. AR and VR are competing for the attention of technologists, futurists and scientists.

Meta does not have a key role in the advancement of meta-universes. Anxiety gripped the tech sector after the layoff of 11,000 Meta employees. This event led to people again questioning the viability of the meta-universe business model. However, for some, the concept of “true ownership” remains a key reason to create a blockchain-based meta-universe.

Users need more knowledge. Wunderman Thompson Intelligence shared data stating that only 15% of respondents know what a meta-universe is and can explain it to someone else.

The need for a clear understanding of meta-universes. Gartner has named six trends that will determine the development of meta-universes in the next few years. These are games and spatial computing, which improve real-world objects and landscapes in the digital world.

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