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

Floki Inu Cryptocurrency Ads Under Investigation in UK
Floki Inu Cryptocurrency Ads Under Investigation in UK The U.K.’s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (F
Can the digital euro actually find traction in Europe?
Daniel Ramirez-Escudero11 hours agoCan the digital euro actually find traction in Europe?The digital euro intends to be the next evolution of the European currency, but before its inception, it has already caused divisio
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continue
Rachel Wolfson9 hours agoPayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’Industry experts explain the benefits and disadvantages of PayPal’s PYUSD stablecoin.8116 Total views30 Total s
Chainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Finally Burst?
Chainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Finally Burst?After reaching an all-time high of $19.20 on August 14, the Chainlink token now trades lower
Binance Launches New Platform for VIP and Institutional Crypto Investors
Binance Launches New Platform for VIP and Institutional Crypto Investors Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program al
Economist Mohamed El-Erian Says Fed’s Characterization of Inflation as ‘Transitory’ the ‘Worst Call in History’ 
Economist Mohamed El-Erian Says Fed’s Characterization of Inflation as ‘Transitory’ the ‘Worst Call in History’  On Monday, December 13, following Friday’s U.S. c
Bitcoin Will Break Out This Year, Says Devere CEO
Bitcoin Will Break Out This Year, Says Devere CEOThe CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. president
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners The government in Kazakhstan is considering building a nuclear power plant to overcome an
Ripple partners with National Bank of Georgia to digitize economy
Helen Partz12 hours agoRipple partners with National Bank of Georgia to digitize economyRipple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy.5175
EU Regulator Warns About Crypto — Questions Whether Many Will Survive
EU Regulator Warns About Crypto — Questions Whether Many Will Survive European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should
Crypto Market Remains Greedy Despite Bitcoin Price Crash To $94,000, Is A Recovery Coming?
Este artículo también está disponible en español. You could argue that the cryptocurrency market maintains its confidence despite the Bitcoin price experiencing a signifi