November 29 2022

Is the Metaverse Doomed to Fail? 

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The Metaverse has become one of the latest innovations that combine virtual reality with AR technology and Artificial Intelligence to create a virtual cosmos based on our real society where you can do everything from shop to play games and attend concerts but in a VR space. However, it hasn’t received the reception Zuckerberg hoped for, and it actually resulted in a loss of $600 billion of Meta’s market value. So, why is the Metaverse doomed to fail?

VR Headsets

Virtual reality technology has become quite popular in the gaming sector, and the introduction of modern VR devices forever changed the gaming industry. But it wasn’t until 2020 that VR headsets became advanced enough to support high-quality and realistic gaming experiences.

Even though there is an increased demand for VR gaming and new VR games, let’s be honest, not every gamer will jump at the opportunity to play with a VR headset. It is still considered a niche because there are so many other aspects within the gaming sector that are equally or more popular, like mobile gaming, gaming on game consoles, or computers. Despite the availability of high-quality, affordable virtual reality headsets, most gamers still prefer to use ordinary displays.

When it comes to the Metaverse, it requires you first to invest in a VR headset, and that might not make sense if you are not into VR gaming to access VR platforms. You have an opportunity to personalize your avatar, visit some stores, and the best part is interacting with other users.

That being said, there are easily accessible mobile applications and websites from your smartphone that offer more or less the same experience. It’s not only more affordable to install an app if you want to socialize with your friends or meet new people, but it’s also far easier than purchasing an entire VR headset because you want to get involved in the Metaverse. If you’re interested in gaming specifically, then as we said, there are many other options besides The Metaverse, where you can play some of your favorite games.

Actually, there is an increasing number of your games that are available on VR headsets, but the number of video games, mobile games, and game console titles is far higher than the games available on VR headsets right now. For example, if you’re interested in games of chance, you actually need to visit an online casino because that’s not an option in the Metaverse, while you can easily find reliable online casinos for Canadians from your smartphone or computer and create an account on a casino site of your choice. On casino sites, you have a chance to try luck with everything from high-quality casino games like slots, craps, roulette, and blackjack in multiple versions.

Leisure Activities

A major advantage of the Meta Verse, which was touted on social media platforms, is the opportunity to meet and chat with people worldwide. But, as we said, many applications already allow you to do that. In addition to that, you can easily shop from your favorite e-commerce sites online, and they are well equipped with artificial intelligence technology to over you with personalized recommendations.


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