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Metaverse hype fizzles out as Korean tech giants pull plug
(koreajoongangdaily.joins.com)
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this post was submitted on 24 Dec 2024
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Within the billionaire bubble there was a lot of hype. Outside of that, not so much.
A new platform to colonize, gathering info on what people were looking at in the virtual world and selling that to advertising made their wallets go very erect.
I think the biggest part was selling people fake clout for a nearly 100% profit margin. They were going to sell us virtual clothes and status ~~in mass~~ en masse for our very real money. Not that this doesn't already happen in gaming but it would have been expanded greatly