LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
Twitter Telegram
LockMeta
Twitter Telegram
Google News
  • Latest News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
LockMeta
News

Ark CEO Cathie Wood said that Metaverse will penetrate into all fields

December 4, 2021
Share Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte
Ark CEO Cathie Wood said that Metaverse will penetrate into all fields

Cathie Wood, founder and CEO of Ark Investments, said in an interview with CNBC recently that Metaverse will be a “trillion-dollar opportunity.”

She believes, “Metacosm is a great idea, which may penetrate into every industry in ways we can’t imagine now, just like technology.”

“We can say that Metaverse is at the forefront of the evolution of Web3.0, so much so that Facebook renamed itself Meta. And Grayscale claims that by 2022, Metaverse may develop into a trillion-dollar industry.”

Wood affirmed that Metaverse will affect all economic activities. At the same time, she believes that the applications of Metaverse will surpass games and consumer products in the future.

“We will have our digital twin, which will bring a lot of fun and efficiency.”

According to a report from DappRadar, Metaverse’s land sales exceeded US$100 million last week.

In addition, The Sandbox, Decentraland, CryptoVoxels and Somnium Space also generated 6,000 transactions. Among them, The Sandbox’s land sales exceeded $86 million, which is the most attractive one.

The report also stated that these virtual lands even surpassed major NFT projects. It shows, “There is no doubt that Metaverse is the next big hit in the NFT field.”

More giants join Metaverse

In the sports industry, Metaverse is also a hot topic. Recently, the English Manchester City Football Club announced a collaboration with Sony to create a virtual world.

In their joint statement, Sony and Manchester City Football Club stated that “Sony will cooperate with Manchester City to develop new forms of digital content and services that integrate the physical and virtual world.”

After Nike announced its metaverse plan, Adidas also entered the virtual space.

Despite so many activities in this field, Elon Musk does not seem to be involved in this revolution. While several Chinese companies are seizing the opportunity to register the Yuan universe trademark, Baidu and NetEase are both front-runners in this field.

NetEase founder and CEO Ding Lei said recently, “When the metaverse era finally comes, we may be the fastest.”

Previous ArticleCanadian singer’s merchandise will accept Dogecoin payment
Next Article Bitcoin plunges 20%: digital currency crashes across the board

Related News

March 26, 2023

LVMH group executives said: LVMH is more advocating Web 2.5

March 26, 2023

The total lock-up volume on Ethereum Layer 2 is 8.713 billion USD

March 26, 2023

Data: USDC circulation decreased by $2.1 billion in the past week

March 26, 2023

Industry insiders: the UK has already experienced encrypted banking difficulties

March 26, 2023

2023-PBW successfully concluded

March 24, 2023

Data: The top five ARB buyers on the chain purchased a total of more than 13 million ARB

March 24, 2023

CNBC discloses that Binance employees and volunteers guide users to circumvent KYC restrictions

March 24, 2023

Global Mofy Metaverse Limited plans to raise US$6 million through IPO

The Latest
Business News March 26, 2023
LVMH group executives said: LVMH is more advocating Web 2.5
Ethereum News March 26, 2023
The total lock-up volume on Ethereum Layer 2 is 8.713 billion USD
Altcoin News March 26, 2023
Data: USDC circulation decreased by $2.1 billion in the past week
Market News March 26, 2023
Industry insiders: the UK has already experienced encrypted banking difficulties
Ethereum News March 26, 2023
2023-PBW successfully concluded

LockMeta provides the latest crypto news flash including Bitcoin, Ethereum, Altcoins, NFTs, Metaverse, Business and Policy. Get today's latest crypto news in a minute.

Twitter Telegram
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
  • About Us
  • Contact Us
  • Advertise
  • Terms of Service
  • Privacy Policy
© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.