Where the world of Metaverse becomes Real

The future of the metaverse: Expected to hit $5 trillion in value

While the 2022 bear market dampened enthusiasm for emerging crypto sub-ecosystems like nonfungible tokens (NFTs), the metaverse remains well-positioned for long-term disruption. According to McKinsey & Company research, the technology has the potential to produce up to $5 trillion in value by 2030.

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The research emphasised the need for four technological enablers for the metaverse to attain its full potential: devices (augmented reality/virtual reality, sensors, haptics, and peripherals); interoperability and open standards; enabling platforms; and development tools. The success of the metaverse, on the other hand, is measured by a stronger emphasis on optimising the human experience in order to create excellent experiences for customers, end-users, and citizens. One-third of individuals polled by Dating.com are interested in online dating.

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