the metaverse is considered a digital experience that combines various things such as gaming, video streaming, virtual reality,
ScienceLovers - Talking about the metaverse, of course we are talking about one of the hottest hype in the crypto industry, which came after the announcement of Facebook's rebranding to Meta.
Quickly, the value of projects related to this sector shot up like a rocket as investors flocked to it with the hope that in the future it would become a high-value project. Much higher than their value in 2021.
But, in general, is the value of the metaverse really that great? Or is it just hype?
Metaverse Market Value
In general, the metaverse is considered a digital experience that combines various things such as gaming, video streaming, virtual reality, which also includes artificial intelligence, blockchain and social media technologies.
There are many points of view on the best metaverse, that's because they all have different bases of desire.
"It's like anything in technology, everyone defines an emerging market that best fits their strengths and needs. Whoever wins always turns the experience into their walled garden," said Zeus Kerravala, Principal Analyst at ZK Research. MarketWatch, Friday (11/26/2021).
If we talk about people's wants or needs for the metaverse, of course this will ultimately have great value in its own sector.
For example, a gaming metaverse that will be very valuable in the eyes of game lovers because it allows different gameplay, different experiences and even opportunities to make real money with the concept of play-to-earn (P2E).
Read also: Play Games Earn Money? Here are the 5 Most Popular NFT Games!
And for business people, a meta verse that provides virtual space is what is really needed, especially when you want to maximize performance in the midst of a busy work from home (WFH) life.
WFH demands a solid relationship between employees and management, so the metaverse will be more valuable once it is able to provide what they need.
Even in social media, the metaverse can be of great value once it is able to connect a large number of people with a common interest. The presence of digital advertising can also be made possible without disturbing the users.
So, how big the market value of this sector is, will still depend on how well they are able to meet expectations in every line. This has the potential to be a multibillion dollar sector. lets watch