Sad news shortly before christmas for Metaplace-employees and -fans alike, Metaplace will be shut down on January 1st. Metaplace enabled users to create virtual worlds, an idea that seemingly did not gain enough traction, as VentureBeat reports:
“The company told its users today, ‘Unfortunately, over the last few months it has become apparent that Metaplace as a consumer user-generated content service is not gaining enough traction to be a viable product, requiring a strategic shift for our company’”
Raph Koster has promised to write more about the closure of Metaplace soon. He also announced a website where Metaplace friends can stay in touch. Best of success, Raph, for your next steps.
The way capitalization of web-startups works does not seem to leave enough time to gain financial success. In my opinion this is fatal for social start-ups in particular.
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