Metaverse is a lucrative industry. It can be valued at up to a trillion dollars

The fictional worlds within the metaverse have begun to gain more attention in a few weeks than in the past decades. Many of the topics that are discussed concern their economic opportunities by relying on blockchain technology, and therefore openness to both cryptocurrencies and NFT. One estimate suggests the Metaverse may be a trillion dollar industry.

Metaverse has around 50,000 active wallets. At this rate, this business will grow dramatically

As a combination of the real and virtual world, metaverse will allow us to do in digital reality largely the same as in life. Users will be able to own virtual goods (items, real estate), meet with others, talk to them and hang out in general. Although it does not sound very encouraging, at least from the point of view of someone who does not need a virtual extension of their social life, according to analysts, the idea for a metaverse is also an idea for starting a giant business.

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Grayscale analysts indicated in the report “The Metaverse, Web 3.0 Virtual Cloud Economies” that thanks to the economic and economic opportunities that the metaverse opens up, a few years after its launch, its valuation can reach up to a trillion dollars. All this thanks to the aforementioned ecosystems related to the purchase of virtual goods that will have value not only in this digital, but also in the real world.

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Do you know MMO games in which you spend tens of hours “feeding” items? Metaverse will be something similar, but with a representation of our world, allowing for the accumulation of wealth. Most likely, in this virtual world, we will be able to obtain given items by “working on them”, which is even the perfect breeding ground for people who fall for scratch cards, lotteries, or simply gamblers.