Can Otherquest Mertaverse Emerge After Meta shuts down its $80 Billion Metaverse project?
Meta Platforms is significantly revising its metaverse strategy, transitioning Horizon Worlds from a VR-focused platform to a mobile application and removing it from the Quest store due to low user interest and monetization issues. Meanwhile, Yuga Labs' Otherside is gaining traction with its user-owned, decentralized metaverse model, presenting an opportunity for growth as Meta steps back from its $80 billion metaverse investment.
- Entities
- Platform: Meta Quest 3
- Company: Meta Platforms
- Company: Yuga Labs
- Game: Otherside
- Topic: Decentralization
- Topic: Virtual Reality
- Game: Horizon Worlds
- Topic: Metaverse
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