Metaverse had a significant impact in 2021 and early 2022. Many companies from around the world started developing business and marketing strategies around the metaverse, and even Facebook transformed itself and promised to launch its own version of the metaverse, changing its name to Meta Platforms, Inc. (NASDAQ: META). However, the bear market made its presence felt in the crypto industry, and the interest in the metaverse has seen incredible declines in recent months. Data shared by expert brand attorney Mike Kondoudis (@KondoudisLaw) from the US Patent and Trademark Office (USPTO) confirms this.