Virtual Hubs Are Shutting Down

⊲ Immersive Wire ⊳ Virtual hubs that once drew attention during remote work growth are losing momentum as funding tightens and user expectations shift. AltSpaceVR has closed, Rec Room will shut in June 2026, and Meta Horizon Worlds narrowly avoided the same fate. Even Fortnite has stalled, with Epic Games spending more to run the platform than it earns. Roblox survives by using a free creator ecosystem. Tom Ffiske of Immersive Wire argues the core problem is the crippling cost of maintaining massive virtual hubs with shrinking user bases. He believes the era of the behemoth virtual platform is over, with smart glasses perhaps offering a more viable path forward.
⊲ Image – simulation.news ⊳
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