Metaplace To Close Down 1 January 2010

Metaplace Inc. made the sad announcement last night that its online virtual world and platform, Metaplace, will shut down on 1 January.

The announcement was made on the official forums, explaining that the project was no longer profitable.

“Unfortunately, over the last few months it has become apparent that Metaplace as a consumer UGC service is not gaining enough traction to be a viable product, requiring a strategic shift for our company.

We’re sorry to announce today that will be closing to the public at 11:59pm on January 1st, 2010.”

Despite many staff being laid off due to the closure, the remaining team will begin work on a new project shortly.