🔘Potential Size of PepeVerse
Why we love Metaverse!
Last updated
Why we love Metaverse!
Last updated
The Metaverse is one of the most popular topics on the internet right now, and that's because the Metaverse is going to bring about a new age of the internet. The internet allows people to interact with the digital world, but the Metaverse creates an entire virtual world, which people can enter.
The Metaverse will probably be the most critical factor for economic activity someday. This is evident by how all the most prominent tech giants have already begun flocking to it. Tech giants like Facebook, Microsoft, and others are all trying to get into the ground floor of the Metaverse. The potential of the Metaverse is intense, some analysts at Morgan Stanley believe it could be worth up to 8 trillion dollars, while conservative estimates put it at around a 678 billion dollar industry by 2030.
Every industry needs to create value to sustain its existence and grow. The more weight an industry develops, the larger it can grow, and the faster it can produce value, the more rapid its growth will be. Even conservative estimates place the Metaverse as one of the largest and fastest-growing industries.
The Metaverse has immense potential because it is not just one industry. Like the internet, the Metaverse will have numerous huge industries operating on top of it. The Metaverse's central proposition is to create value for those industries to create value for consumers. In the case of the Metaverse, it sustains and grows itself by enabling the enterprises on top of it to create more value.
The unique nature of the Metaverse makes it more than just an industry, and it is the most important economic factor for the future of all internet-based companies. These Internet techs giants like Facebook and Microsoft are flocking to the Metaverse because they don't want to miss out on all the potential growth their current businesses could get from the Metaverse.
