According to a report from investment firm Grayscale, the metaverse market could generate annual revenues of $1 trillion.
The report was published this Thursday under the title “Metaverses, the virtual cloud economies of Web 3.0.” The document states that in 2025, the profit of virtual gaming worlds could reach $400 billion. This compares to $180 billion in 2020.
Projects like Decentraland help people interact with, manage, and earn their tokens. People are spending more and more time online and spending more money to build social status in the virtual world.
The report was prepared by Grayscale head of research David Grider and analyst Matt Maximo. They define metaverses as “interconnected, experiential and virtual 3D worlds in which people located anywhere on earth can communicate in real time and form a user-based Internet economy spanning the digital and physical worlds.”
Subscribe to ForkNews on Telegram to stay up to date with news from the world cryptocurrency
According to www.coindesk.com
You May Also Like
Donald Trump's official website hacked by scammers
The president's team is investigating the hack of the official page and says that "sensitive data was not stolen because it is not stored on the site."
Stalker 2 will turn into a metaverse with a "metahuman"
STALKER developer GSC Game World will add the world's first "metahuman" NFT to its new game. The post-apocalyptic first-person shooter is coming to Xbox Series X/S and PC in 2022.
