Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Oculus App Downloads Jump As Metaverse Wins Christmas

Courtesy of ZeroHedge View original post here.

Ahead of the holidays, Silicon Valley's Facebook made a major announcement that it was rebranding as "Meta" as part of its corporate embrace of the "Metaverse." 

Mark Zuckerberg, the owner and founder of Meta, wants people to embrace a virtual reality world called the Metaverse. His company is selling Oculus Quest 2 virtual reality headsets, which have become the most desirable gifts this Christmas, according to KeyBanc Capital Markets.

Before Christmas Eve, the Oculus app ranked in the top 10 iOS entertainment app. On Christmas Day, the app jumped to the top five in the entertainment app in 14 countries and the number 1 app in the US.

"Net, we believe Oculus was a popular gift this holiday season, and potentially benefited from console shortages," KeyBanc's analyst Justin Patterson wrote. 

Facebook's name change and shortage of gaming consoles appear to be the driving forces in creating the next iteration of the internet. 

Zuckerberg has said, by the end of the decade, "the Metaverse will be where we all live work and play." However, former Twitter CEO Jack Dorsey and Tesla's Elon Musk have voiced their displeasure over the Metaverse.  

What's happening is the beginning of the end as Big Tech herds people into the Metaverse The Matrix as it offers them a way to escape the harsh reality of living in an overpriced apartment studio, crammed into a city full of violent crime, drowning in insurmountable, and barely making a living wage amid high inflation

In a recent Goldman Sachs research report, "Framing the Future of Web 3.0 – Metaverse Edition," published earlier this month (the full note is available to professional subscribers in the usual place), there has been strong consumer adoption of Oculus Quest 2 this year.

But it's not just Big Tech herding people into the Metaverse; the need for virtual events and connections due to COVID-19 and social restrictions has pushed people into the virtual world. 

With millions of new Oculus users, the question we have is if retention will remain high or if the Metaverse is just a temporary fad. 

Comedian Tim Dillon recently explained the Metaverse to Joe Rogan. 


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!