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'Metaverse' concept has sprouted market bubble

24 Nov 2021

On the rising forays into the metaverse venture, SMU Associate Professor of Computer Science Zhu Feida remarked that nobody actually knows what a metaverse is, but everyone knows how to make money. He pointed out that although the metaverse is a major trend in the development of the Internet, it will take at least three to five years for the basic technology to mature. He opined that the development of this virtual space is filled with uncertainties, and that investors need to be wary.

Lianhe Zaobao

Last updated on 24 Nov 2021 .