I think the game its too ambitious by trying to be 3 different things at once instead of one so its all over the place
The main priority should have been concerts and meet and greets while everything else should have been secondary
It's more like they have no idea what to do with it in the first place so they are now trying to throw everything at the wall to see what sticks
They sunk too much money at it to shut it down, sunk cost fallacy. What is it, 15 million dollars at this point.
Some fucker managed to scam Yagoo's money and he is too reluctant/gullible to fire him/scrap the entire thing. Now he promoted the SquareEnix guy to salvage it and make it a real game or something. Good fucking luck because the guy sucked ass when he was in SquareEnix and some of their worst games ever made was under his rule.
Note that the last concerts in HoloEarth was held back in September 2023, almost 2 fucking years ago. The technology was kinda there (beside the FPS drops and burning up computers). I bet the reason they stopped running concert on it is because it wasn't profitable enough to justify the costs.
A {{{{{good}}}}} idea is having it as the premier platform for Holofes/concerts so they don't have to pay Spawn for hosting.
However it will never work as long as you can't stream it on phone/switch, which is how most youngster these day/Japanese watches anything. A PC only "game" will only shrink your fanbase and lose you money both in short-term and long-term. And without exclusivity people will just rather pay spawn than to watch it on their PC
On top of it, there was a company-wide "change in direction" as Hololive
shifted away from online concerts. Merch/IP is now the main priority for making money and offline concerts replaced company online concerts (a.k.a 2024 world tour, 2025 world tour, sololives, suisei japan tour VS the death of SummerFes). Forcing people to do concerts on the "Game" will be a complete 180 and reverted every major decisions they have made in the last 2 years. "Just do more online concerts" might be entertained in 2023, it isn't now in 2025.
HoloEarth will continue draining money from the company until someone pull the plug. I don't see anyway it can actually make money unless they turn it into gacha like genshin. And people won't just play any gacha, you need a good story/gameplay to go with it.
Tl;dr: Shit's fucked. Don't expect nothing of it. It won't tank the company since Holo is so big and stable, but it won't return any profit either.