Metaverse will be a $100 million opportunity

On November 25th, Grayscale recently published a report entitled “Metaverse. Web 3.0 Virtual Cloud Economy”.

The report was written by David Grider, head of Grayscale Research, and Matt Maximo, research analyst. So the two discussed this emerging field mainly from the perspective of opening the metaverse world. And supported by Decentraland and others.

The report emphasizes that it is related to encrypted tokens and decentralized financial (DeFi) services. NFT, decentralized governance, and decentralized cloud storage integration metaverse platform. So it says “creates a new online experience”. Is quickly attracting new users.

The report shows. The data of “Global Active Metaverse Wallet” since the beginning of 2020 show. As of June 2021, there are approximately 50,000 active users, an increase of 10 times. In addition, according to the report, the total amount of fundraising for blockchain games in the third quarter was US$1 billion. Accounted for 12% of the total funds raised in the entire cryptocurrency industry this quarter.

It is estimated that in the next few years, the “market opportunity” that will introduce Metaverse to the mainstream may be worth more than US$1 trillion. The report said, “Compared with other Web 3.0 and Web 2.0 fields. Metaverse virtual world users are still in the early stages.

But if the current growth rate remains on the current trajectory. This emerging field may become mainstream in the next few years.

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