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WIMI - The Meme That Fell To Earth: The Metaverse Now Hurries To Monetization
WiMi Hologram Cloud Inc.
Summary
Since the Nasdaq topped on November 19, 2021, the metaverse as a frothy investment motif has never been the same. The thematic ETFs are down 38% to 49%.
The price carnage that has ensued thus far in 2022 offers an opportunity to re-appraise a now deeply unfavored sector.
It is the time to take a more sober, brass-tacks approach to the metaverse - specifically what is it and which companies are best positioned for survival and monetization.