Following a poor recent earnings report, Match Group has announced plans to scale back Tinder’s metaverse dating program.
The Verge reports that following a poor earnings report for the last quarter, Match Group has announced that it is scaling back Tinder’s metaverse dating plans and scrapping the redevelopment of an in-app Tinder Coins currency. Tinder CEO Renate Nyborg is also leaving the position after being appointed the app’s first female CEO just last September.
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Nyborg previously had plans to take Tinder into the metaverse and acquired a company called Hyperconnect last year which focuses on video, AI, and augmented reality technology. Nyborg previously described an avatar-based “Single town” experience as a way for Tinder’s users to meet and interact in virtual spaces.
Now, Match Group CEO…
