Metaverse hype may have faded, but this does not change the fact that there is considerable interest in what the technology offers, assures Lucy Len-Stankus, the CEO of DecentWorld.
The project she runs emerged in the early days of the recent bear market and evolved into a stand-alone metaverse platform in the industry a year later.
The CEO tells DailyCoin how the young project survived the challenging market and shares her insights on why metaverses will be a big hit in the future.
Bear Market Brings in Creativity
When Mark Zuckerberg’s Facebook revealed plans to invest over $10 billion into its virtual reality space and rebranded to Meta in autumn 2021, metaverse hype hit fever pitch. Tech giants joined the race, and experts predicted the metaverse ecosystem would reach a $5 billion value by 2030.
However, 2022 changed everything. Global economic slowdown, tighter financial conditions, and massive…
