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Metaverse is a trillion dollar opportunity, says Grayscale

Metaverse is a trillion dollar opportunity, says Grayscale

With the growing popularity of the concept of Web 3.0, a new area of ​​this technology is gaining popularity: NS metaverso. Although the term came into fashion due to a recent Facebook announcement, the concept is older than Zuckerberg’s plans and has a large representation within the cryptocurrency market, with games like Axie Infinity and other projects uniting the digital and the real.

For crypto investment giant Grayscale, the sector represents a trillion-dollar income opportunity in the future.

According to a report from grayscaleProjects related to the Metaverse can give a lot of revenue in the future, with some interesting beginnings already emerging.

metaverso

The report specifically focused on games focused on the Metaverse, stating that they could grow to a $400 billion market by 2025. The report also states that the vast majority of this market’s growth will come from in-game spending, as it is currently happening. Buy items or characters in different Metaverse games.

Grayscale also highlighted that in the third quarter, a total of $8.2 billion of investment was poured into the cryptocurrency market, of which $1.8 billion went to Web 3.0 companies or companies linked to non-fungible tokens (NFTs), it said. .

Investments in apps and games overshadowed those of NFT, worth about $1 billion of the $1.8 billion raised.

“Compared to the $10 billion companies like Facebook plan to invest, and the amounts other companies can invest in addition to their venture capital firms, Metaverse is still in the prime of its earnings.”

decentralization

The report even talked about Decentraland and how projects like it allow people to interact, judge and earn tokens, as well as earn real benefits from their online spending, Grayscale said.

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According to the report, people are spending more and more time on the internet and more and more money to build social status within these platforms.

The Metaverse, especially with Facebook’s recent post, has become one of the most eye-catching sectors of investors looking forward to the next big wave in the market for just-in-time investments…and as evidenced by the Grayscales report, analysts also believe…in this possibility.