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Microsoft’s Activision buy may see more metaverse in the office and crypto in gaming



 

A lot was said about the metaverse when the Microsoft (NASDAQ:MSFT) deal to acquire Activision Blizzard (NASDAQ:ATVI) was announced in January 2022. The attention was mainly on business communications rather than gaming. If public statements and leaked documents are any guide, the Activision deal could promise more for the future of crypto than the metaverse.

The metaverse had high visibility in Microsoft’s announcement of its deal for Activision in January 2002. “This acquisition will accelerate the growth in Microsoft’s gaming business […] and will provide building blocks for the metaverse,” the company said in the first paragraph. A few paragraphs later, Microsoft CEO Satya Nadella said, “Gaming […] will play a key role in the development of metaverse platforms.”

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