My previous post talked about Meta reporting a $10 Billion lost.
Now, metaverse related tokens plummeted in the past two days as Meta, formerly known as Facebook, reported a $10 billion loss on its augmented and virtual reality division in an earnings release earlier this week. Tokens of blockchain-based games Axie Infinity (AXS), The Sandbox (SAND), and Gala (GALA) fell as much as 12%
To serve as a recap: The metaverse refers to a virtual world in which people can interact as they do in the real world, but digitally.