It’s been a brutal year for tech giant Meta, which has seen its stock price drop over 60% since it changed its name and pivoted to the metaverse. Indeed, metaverse projects in general have had a tough time of it this year. And Epic Games just got hit with a $520 million fine for misleading users into spending money on in-game items, which doesn’t bode well for its metaverse ambitions. It’s not all bad news though; Bored Ape Yacht Club creator Yuga Labs just snapped up a new CEO from gaming giant Activision Blizzard to spearhead its Otherside metaverse ambitions.
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