Also concerns over transition to the metaverse were confirmed in October after Meta's, Horizion Worlds launch in August, less than 200,000 people had signed up, far less than expected.

Source: https://seekingalpha.com/article/4568945-meta-platforms-prepare-lift-off-technical-analysis?source=feed_all_articles

Although fear, uncertainty and doubt still permeate the potential of the metaverse, the technology is quickly evolving and becoming more accessible.

Source: https://www.forbes.com/sites/forbestechcouncil/2023/03/14/how-companies-can-prepare-for-the-metaverse-and-build-revenue-streams/

Amidst increasing regulatory scrutiny, the UAE released a whitepaper, with OKX, to tackle the regulation of the metaverse.

Source: https://forextv.com/crypto-currency-news/crypto-news-bitcoin-spot-etf-optimism-a-much-needed-tailwind/

As a new frontier, the metaverse is full of opportunities for brands and also creates a lot of nuanced challenges for companies engaging with or marketing to children and teens.

Source: https://www.forbes.com/sites/forbesnonprofitcouncil/2023/10/04/unfamiliar-and-unregulated-territory-protecting-kids-in-the-metaverse/

As the release of Apple's headset draws near, interest in augmented reality (AR) and virtual reality (VR) has re-emerged, and this anticipation could reignite investors' desire to gain exposure to metaverse tokens once again.

Source: https://seekingalpha.com/article/4610221-crypto-update-ethereum-gas-fees-skyrocket-to-yearly-high?source=feed_all_articles

As well, the company made the decision early to invest in artificial intelligence-based capabilities, which then led to opportunities within the broader digital intelligence market as well as autonomous driving and the burgeoning metaverse.

Source: https://investorplace.com/2023/08/nvda-stock-price-prediction-is-nvidia-really-worth-800/

Bharatmeta is said to provide relevant use cases for banking, commerce, culture, and collaboration on the metaverse.

Source: https://www.gadgets360.com/internet/news/bharatmeta-india-kiya-ai-metaverse-platform-showcase-vivatech-2023-paris-4126469

But doubts about the viability of the metaverse have been creeping in as the initial hype wears off.

Source: https://www.mymotherlode.com/news/europe/2976818/flights-and-firefighting-companies-push-into-the-metaverse.html

But the question that generated more fun answers was “What is your favorite metaverse fantasy?”

Source: https://venturebeat.com/games/gaming-and-the-ultimate-metaverse-fantasy-the-deanbeat/

Client demand is driving institutional investors and venture capitalists to look past current economic factors and consumer adoption rates,” said Anu Puvvada, KPMG U.S. studio leader for metaverse center of excellence, in a statement.

Source: https://venturebeat.com/games/investors-remain-bullish-on-the-metaverse-kpmg/

Don’t get me wrong, many of the companies making the biggest bets on metaverse technologies, including ), are not in this category.

Source: https://investorplace.com/2023/10/7-metaverse-stocks-to-move-to-your-portfolio-trash-bin-now/

Elsewhere, the metaverse ventures of other companies and intergovernmental organizations that hopped on the hype train have fizzled out too.

Source: https://gizmodo.com/final-jeopardy-contestants-fail-metaverse-answer-1850361817

Eventually, the metaverse is intended to be an immersive virtual world where people enjoy digital ownership and can interact with their peers.

Source: https://www.benzinga.com/markets/cryptocurrency/23/01/30448754/this-plot-of-digital-land-just-sold-for-10-371-in-mana-in-decentraland

EXPLAINER: What is the metaverse and how will it work?

Source: https://www.gjsentinel.com/news/us/explainer-what-is-the-metaverse-and-how-will-it-work/article_6b02a6a2-d1a5-582d-8ac6-5af95d63451a.html

Finally, I believe that Wood’s metaverse is unwarranted since the technology has been around for decades and hasn’t made much of a splash.

Source: https://investorplace.com/2023/09/the-3-best-cathie-wood-stocks-to-buy-now-september-2023/

Furthermore, luxury goods company LVMH confirmed that Nelly Mensah is still its global head of Web3 and metaverse, a position she has held since January 2022.

Source: https://adage.com/article/digital-marketing-ad-tech-news/chief-metaverse-officer-american-eagle-gucciothers-rethink-web3-role/2495886

GamesBeat: Do you see more projects in certain areas that have gotten a lot of attention, like metaverse or blockchain or elsewhere?

Source: https://venturebeat.com/games/how-virtuos-sees-the-broad-landscape-of-gaming-gilles-langourieux-interview/

He and many in the industry believe that the metaverse could usher at the beginning of the next frontier in the tech landscape.

Source: https://indianexpress.com/article/technology/lenovo-vishal-shah-augmented-reality-interview-8505916/

Henick joined Epic from Facebook in October 2021, for the purpose of figuring out the gaming company’s role in the metaverse, with a focus on the space’s policies and economics.

Source: https://adage.com/article/digital-marketing-ad-tech-news/chief-metaverse-officer-american-eagle-gucciothers-rethink-web3-role/2495886

Herweck, alongside partner Schneider Electric discuss the crucial role of digital transformation for the energy transition and she light on how the industrial metaverse will drive sustainable innovation at scale.

Source: https://businessday.ng/technology/article/peter-herweck-to-push-digital-transformation-at-wef-2023/