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The Metaverse Overview : Vision, Technology, and Tactics | Preface Analysis of the stock prices of craze, remain at the conceptual stage. three leading Chinese technology It is difficult to achieve far-reaching companies breakthroughs or returns on capital Although Baidu, Alibaba, and Tencent investment at speed. have all deployed in the Metaverse, this has not influenced their stock Third, technology, products, rules, prices much over the past six months, and regulations continue to restrict except during mild fluctuations during the actualization of enterprises' and "Metaverse fever" in November 2021. consumers' visions of the Metaverse. However, Alibaba's stock price went Technologies do not have the ability into a volatile decline during the to create a true Metaverse experience past quarter as its primary business yet, and related products including revenue and gross merchandise value hardware and software have not (GMV) growth disappointed. matured. In our still centralized world, there has been no quick creation of Analysis of the stock prices decentralized rules to support the of three Chinese Metaverse Metaverse, and it will not transform companies easily or quickly from a niche market China's Metaverse Index rose into a universal consumer group. 30% in 2021, with most of that rise coming in the fourth quarter. What kind of Metaverse will exist ZQGAME was up 270%, AVIT rose beyond its initial popularity and now 185%, and COL gained 69%. However, that capital market excitement has because they did not generate cooled? Metaverse-related income, all three companies' stock prices retreated The Metaverse will fundamentally 2022. reshape people's productivity, lives, and social relationships, in time As described above, capital market creating a new world. This is the enthusiasm for the Metaverse has development direction of Metaverse. declined. There are three reasons for After the excitement subsides, this. companies that focus on accurate positioning, continuous development, First, the development speed of and outstanding ability will produce a Metaverse-enabling technologies viable Metaverse that inspires renewed and applications has not matched excitement. the continuous rise of consumer expectations for Metaverse applications. This year is expected to see a continuation of that trend, with Metaverse development throughout the year slower than the public expects. Second, most Metaverse practices, intending to cater to the Metaverse 08

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