Spatial

Spatial, an early player in virtual reality workroom apps, is changing its focus to virtual art galleries showcasing non-fungible tokens, or NFTs. The company announced the news yesterday alongside a $25 million funding round. It’s a potential indication of where some “metaverse” tech might be going in the near future — namely, away from VR-heavy, work-focused experiences and toward more entertainment.

Spatial’s original pitch was a virtual workspace where people could don VR headsets, talk to co-workers in virtual meetings, and collaborate by examining virtual items. But over the past year, that’s changed. The company says it’s gone from 80 percent of its users wearing VR headsets to 80 percent accessing it through the web and mobile…

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