Corporate giants JPMorgan, CBRE and Accenture have all established corporate outposts in the metaverse – but one of the sector’s biggest developers thinks virtual offices are a waste of time.

Janine Yorio, chief executive of metaverse developer and investment fund Everyrealm, told Financial News that most metaverse workspaces are part of “marketing ploys” and do not have “a clear path of utility”.