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Report says Metaverse is losing users and falling short of goals

The metaverse is the once great promise of Facebook that the company’s CEO puts a lot of effort into developing. However, this alternate world lost users and did not achieve the goals. This news was revealed by a new report.

Horizon Worlds does not collect the expected number of users Mark Zuckerberg and Meta.

According to the Wall Street Journal, which reviewed the internal documents, Horizon worlds, Mark Zuckerberg's chief objector, does not live up to expectations. This world is a network of virtual spaces, where users can interact with each other as avatars.

Initially, Meta set a goal of collecting 500,000 monthly active users. However, these documents show that the current number is less than 200,000. More than that, they revealed that the majority of users did not return to Horizon Worlds after the first month metaverseThe number of users has been gradually decreasing for a few months.

According to reports consulted by the newspaper, only 9% of the metaverses are visited by at least 50 people, with the majority never visiting.

Metaverse does not meet expectations

This year hasn't been easy for Meta, nor for this new project the company is so excited about: stocks are down (down 62% so far), users are decreasing and companies are cutting your ad spend.

to me The Wall Street JournalA Meta spokesperson revealed that the company continues to make improvements to the metaverse, and that it was thought to be a multi-year project.

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