Fun

Meta Still Struggling for Its Metaverse to Find Its Legs

News Feed - 2022-10-17 02:10:31

Meta Still Struggling for Its Metaverse to Find Its Legs


Meta, the company formerly known as Facebook, is still struggling for its metaverse app Horizon Worlds to find its intended audience. The company, that presented a video of full new avatars, including feet this week, was criticized due to the prepared nature of the presentation. In the same way, the company lowered the goal of monthly active users from 500K to 280K by the end of this year. No Real Feet Show, Meta States


Meta, the social media behemoth, is battling problems left and right when it comes to its metaverse app Horizon Worlds. As part of its Connect keynote offered last week, the company presented a demo that supposedly showed an early look at the new graphical presentation of avatars that the platform will feature next year. One of the big improvements in this regard was the presence of legs that connected these to the floor making the metaverse more immersive.


After the presentation, which left some confused, the company clarified this animation segment was created with auxiliary tech, including motion capture, to show what is coming to the app in the future. This statement enraged some of the fans that criticized the bulk of the money the company is spending on this without solving the leg problem. User Enticement and Retention


Legs are not the biggest problem that Meta is facing with Horizon worlds. According to a recent article from The Verge, the platform is also struggling to acquire new users and has lowered its goal of reaching a number of 500K monthly active users to 280K. While the company stated in February the app had more than 10,000 worlds as part of its structure, only 9% of these worlds are being visited by more than 50 users.


In the same way, most users don’t return after one month of visiting the platform, a metric that shows users are growing bored with what Horizon Worlds has to offer. But not only regular users are leaving the platforms; Meta’s employees are also on this boat.


Two memos issued by Meta’s VP of metaverse Vishal Shah in September enticing employees to be active and to “fall in love” with the platform, and hinting at the establishment of time quotas that employees should spend on Horizon Worlds for employees, show Meta’s issues.


Spokespersons from the company stated Meta’s metaverse plans are a “multiyear effort,” and that it is continually making improvements to the platform. Tags in this story fake, horizon world, legs, Meta, Metaverse, user retention, Vishal Shah, zuckerberg


What do you think about the problems that Meta is fighting on its metaverse push? Tell us in the comment section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit METAVERSE | 6 days ago Meta"s Horizon Worlds Metaverse App Still Too Buggy to Be Used According to Company Executives METAVERSE | 7 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, Blue Planet Studio, Shutterstock.com Previous articleFX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues Next articleBinance to Offer $500 Million Worth of Loans to Crypto Mining Industry Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItRipple CEO: SEC Lawsuit Over XRP "Has Gone Exceedingly Well"


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Survey: Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto

News Feed

Crypto Super PAC uses $2.5M to support Washington, Michigan Democrats
Turner Wright6 hours agoCrypto Super PAC uses $2.5M to support Washington, Michigan DemocratsA crypto PAC used roughly $1.5 million to fund a media buy for Democrat Emily Randall, while her rival’s campaign manager cri
Ex-FTX exec Ryan Salame asks for no more than 18 months in prison
Turner Wright5 hours agoEx-FTX exec Ryan Salame asks for no more than 18 months in prisonThe former FTX Digital Markets co-CEO pleaded guilty to two felonies and was one of the only figures connected with the defunct cry
Canadian crypto adoption struggles as cash remains king
Arijit Sarkar1 hour agoCanadian crypto adoption struggles as cash remains kingFor two years in a row, Canadians have shown a strong preference for cash and card payments for day-to-day purchases.474 Total views1 Total sh
Kaamel Technology to lead investigation into XLink's $10M breach
Josh O"Sullivan10 hours agoKaamel Technology to lead investigation into XLink"s $10M breachXLink is partnering with Kaamel Technology to investigate the initial cause of the breach while accelerating previously communica
Milady NFT memecoin reaches $18.6M presale goal in less than 2 hours
Zhiyuan Sun8 hours agoMilady NFT memecoin reaches $18.6M presale goal in less than 2 hours“Presale is live for the ever-fashionable SOL-loving Milady wif hat. Sending some love to the SOL community now,” the project
Crypto ATMs to resurge once Bitcoin ‘FOMO’ hits full swing, says CEO
Jesse Coghlan47 minutes agoCrypto ATMs to resurge once Bitcoin ‘FOMO’ hits full swing, says CEOCrypto ATM installs declined in 2023, but a post-halving Bitcoin price growth spurt should see the space rebound, says Br
Joe Hall10 hours agoBitcoin gains traction in West Africa with educational driveAs anti-French sentiment rides high in West Africa, Bitique opens its doors, the “Bitcoin Mastermind” conference beckons and more nodes
Biggest Movers: AAVE, ADA Remain Near 1-Week Highs on Friday
Biggest Movers: AAVE, ADA Remain Near 1-Week Highs on Friday Cardano rose to a one-week high earlier in today’s session, despite cryptocurrency markets mostly trading in the
Arijit Sarkar34 minutes agoUK considers blanket ban on crypto investment cold callsThe U.K. Treasury has released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to f
Bitcoin․com Announces Public Sale of VERSE Ecosystem Token
Bitcoin․com Announces Public Sale of VERSE Ecosystem Token press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily intera
Anthony Clarke10 hours agoBlockchain improves charity transparency — But is it right for everyone?Can blockchain technology actually help to improve transparency within charities?307 Total views11 Total sharesListen to
Tom Blackstone2 hours agoCanada’s regulatory clarity is bringing institutions to crypto — WonderFi CEODean Skurka stated that although regulations have increased costs, they have also led to greater interest in crypt