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A Metaverse Game Has to Be a Game. Players Want Gameplay and a Sense of Flow.

All I can say is that most companies claiming to make metaverse games right now are doing it to please investors and get a higher valuation.
The real customers of a game company are its players. They don't care what you call the metaverse. They want good gameplay and the feeling of being in the flow.

Second Life came out more than a decade ago. It failed to take off because it lacked gameplay, even though the technology was already there.

A metaverse game still has to be a game first.

This comes from a tweet by XD CEO @Dash. I don't know what the metaverse is, but I agree with his take on games.