This is the year that the Fediverse overtakes the Metaverse.

That's right.

According to GlobalData, 2023 is going to be a "Metaverse winter" and a "Fediverse spring".

https://www.itweb.co.za/content/rW1xLv5nPd47Rk6m

‘Fediverse' predicted to overtake metaverse in 2023

Despite being a hot topic in tech, the metaverse has not lived up to its hype, from a return-on-investment perspective.

ITWeb

It's stunning how VCs and Big Social simply didn't see the Fediverse coming.

They put so much money into VR and crypto -- all pumping this tech up as the "next big thing".

Little did they know that web standards, open protocols, and decentralization would make a breakthrough -- yet again.

Many people are saying, "Nobody could have predicted the growth of the Fediverse."

Actually, many people predicted the growth of the Fediverse -- including me.

It's just that the people who predicted growth weren't VCs and Press.

Another reason for the "Metaverse winter" and "Fediverse spring":

Cost.

Starting up a Fediverse service is vastly less expensive than starting up a Metaverse service.

Remember, when the Metaverse gained popularity, companies were flush with cash amidst ongoing lockdowns.

But conditions change.

Now companies are preparing for an oncoming recession. And fewer people are staying home.

@atomicpoet
Another thing: the metaverse and the technology aren't exciting to the masses.

People don't want Brand New, they want similar new. The Fediverse provides that in spades: the web front ends that meet the users where they are, the email analog, the discovery of "the old web."

The Fediverse plays to nostalgia AND progress, making it a win on both fronts.