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China has warned investing in Metaverse stating its still infancy and could likely end in tears for investors
Meanwhile ByteDance has bought VR gear maker Pico for $1.4 billion
#China #Bytedanc #Metaverse #Pico #VR #VRChat
Meanwhile ByteDance has bought VR gear maker Pico for $1.4 billion
#China #Bytedanc #Metaverse #Pico #VR #VRChat
#Pico was valued by PE investors in March 2021 at nearly $155 Million and now #Bytedance has purchased Pico at $1.4 Billion… a very aggressive valuation for a VR gear manufacturer
VR is the interface of Metaverse, but at present, the most widely used scene of consumer VR is games.
#VR #Metaverse #AR #GamingNFT
#VR #Metaverse #AR #GamingNFT
