Hey Mr. Zuckerberg, how’s the metaverse coming along? And what are you gonna do about it? 1/ Reduce prices. Last Friday, Zuck lowered the price of its Meta Quest Pro from $1,500 to $1,000 and the 256GB Meta Quest 2 from $500 to $430. Zuck framed it so that “more people can get into VR,”…
Read more
Why Meta Will Struggle With the Metaverse… And Here’s Who Might Succeed
This piece is sponsored by Decentral Games — the gaming company behind the metaverse poker game, ICE Poker. Face it. Horizon World, in its current state, sucks. We also get it. Corporate innovation is notoriously difficult. The vision is there, but Meta is no startup anymore. Meta is filled with corporate bureaucracy, investors are too…
Read more
Meta has a new motto: Work hard, play hard (in the metaverse)
Meta hosted their Meta Connect 2022 event this week. At last year’s event, Mark Zuckerberg announced Facebook’s rebrand to Meta. And the focus still remains on the metaverse a year later. But they have a new motto — Work hard, play hard (in the metaverse): Meta announced a new VR headset, Quest Pro, costing $1,499…
Read more
Meta’s metaverse has no legs
Mark Zuckerberg desperately needs Horizon Worlds, Meta’s metaverse, to succeed. First, he’ll need to figure out how to make money from the world. Horizon World’s progress summarized: little traction, no legs and many angry developers. In February, Meta reported 300K monthly active users on Horizon Worlds — just over .01% of the number of Facebook…
Read more
Shiba Inu moving beyond a meme coin with metaverse plans
Shiba Inu ($SHIB) – the meme coin inspired by Dogecoin ($DOGE) is heading into the metaverse. $SHIB and $DOGE have a collective market cap of over $37B — each with little utility beyond being a meme — but Shiba’s creators want to change that. Memecoin meets metaverse: Shiba’s creators first announced their metaverse plans in…
Read more
2022 Metaverse prediction: Rising fast, falling hard
2021 was the year the metaverse (Primer: What is the metaverse?) took off — but 2022 may be the year it disappoints investors. Here are two big metaverse predictions — and why investors shouldn’t fall victim to the hype cycle. Prediction #1: Years to play out … We’re still many years away from mass metaverse…
Read more
Nvidia pushes beyond the metaverse, launches omniverse products
While other companies are stuck in the metaverse (the virtual world), Nvidia (NASDAQ:NVDA) has its mind in the omniverse — a collaboration between the virtual and physical world. What’s the big deal? The chipmaker has been on fire — up 48% in the past month — and recent news is only adding fuel. Nvidia is…
Read more
Facebook ignites the Metaverse wars
In 2020, one of the biggest company tactics to get investor attention – getting in bed with electric vehicles (EV) (see Naked Brands, an intimate apparel company that’s merging with an EV company). But the next big trick, becoming a metaverse company – another internet revolution. A world of imagination and endless possibilities The metaverse…
Read more