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

Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means
Este artículo también está disponible en español. Crypto analyst Trader Tardigradehas drawn the community’s attention to the fact that the Bitcoin price is mirroring 20
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria According to several reports, Bulgarian law enforcement officials are i
Turner Wright8 hours agoSealing docs in Binance case could suggest a criminal probe, says former SEC officialAccording to John Reed Stark, the U.S. Justice Department may intend to indict or has already indicted Binance,
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the "Biggest Hike in Decades’ Following the recent U.S. consumer price index report that
BTC price dip hits 17.5% as week’s Bitcoin ETF net outflows near $500M
William Suberg2 hours agoBTC price dip hits 17.5% as week’s Bitcoin ETF net outflows near $500MBitcoin bulls brace for macro turbulence with the BTC price correction passing $12,000 versus recent all-time highs.3155 To
Analyst Sees Double-Digit XRP Price—The Catch? Recapturing 2017 BTC Peak
Este artículo también está disponible en español. Experts are thrilled about the chances that XRP, the cryptocurrency linked to Ripple, will hit new heights. Recent trend
Instagram Is ‘Exploring NFTs’ to ‘Make Them More Accessible to a Wider Audience,’ Says CEO
Instagram Is "Exploring NFTs" to "Make Them More Accessible to a Wider Audience," Says CEO According to the CEO of Instagram, Adam Mosseri, the social media application is looking
Dogecoin Price Could See Swift 175% Surge As DOGE/BTC Pair Records Major Breakout
Este artículo también está disponible en español. The Dogecoin price recently surged 20% after President-elect Donald Trump announced the formationof a new Department of
Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report
Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report U.S. Treasury Secretary Janet Yellen has reportedly raised object
What Will Send Dogecoin Soaring? Analyst Reveals The Key Drivers
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
How to growth hack Web3 marketing like an OG
Savannah Fortis8 hours agoHow to growth hack Web3 marketing like an OGThe secrets of effective storytelling in the evolving Web3 and crypto space are unlocked as Amanda Cassatt shares her insights and strategies working
5 Meme Coins to Explode as ETH Registers Record-Breaking $883M Inflow
Este artículo también está disponible en español. Word on the street is that Ethereum is ready for an early Christmas. The cryptocurrency’s accumulation addresses r