Metaverse project avoids Web3 frenzy to redefine AAA digital landscape – Cointelegraph

Web3 projects are the talk of the current digital scene, with thousands of new companies coming to life every day in an attempt to ride out this global wave with their own product releases. Unfortunately, reality has shown most of these offerings do not provide any tangible value to their players or user bases. Instead, they rely on superficial hype of cryptocurrencies, nonfungible tokens (NFTs) and related buzzwords, a seemingly unnatural method to pursue user growth. At present, these efforts result in short-term successes and unsustainable growth.

To ensure projects are built on foundations that enable long-term value, startups are encouraged to learn from the events leading to the dot-com bubble. In this example, the projects that survived the collapse were not dependent on industry hype. Instead, the projects that came out alive were the ones that took a product-focused approach to derive naturally growing value, whether through an enhanced experience, community development or…

Read Full Story: https://cointelegraph.com/news/metaverse-project-avoids-web3-frenzy-to-redefine-aaa-digital-landscape

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source: https://news.oneseocompany.com/2022/09/12/metaverse-project-avoids-web3-frenzy-to-redefine-aaa-digital-landscape-cointelegraph_2022091229974.html

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