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Showing posts with the label metaverse

Metaverse investments: Opportunities and risks of the trillion-dollar VR market

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What are the best metaverse projects that investors should keep on their radar? Cointelegraph Research Metaverse Ranking Awards the top projects The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph Research’s VC database.  A 2022 report by McKinsey estimated the metaverse industry to potentially generate up to $5 trillion in revenue by 2030, an estimate overtaken by Citi's forecast of $8 to $13 trillion . These estimations reflect significant growth from the global metaverse market of $65.5 billion recorded in 2022. To realize these optimistic forecasts, the metaverse industry would need to sustain an impressive 85% compound average growth rate. VC metaverse funding in 2022. Source:  Source: Cointelegraph Research. Investors will never guess which metaverse won Cointelegraph’s 2023 Ranking...

Apple's new headset could put a rocket under metaverse tokens

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Metaverse tokens surged earlier this year amid rumors about Apple's new virtual reality headset, will this time be different? Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry. In January, the native tokens of blockchain-based metaverse projects Decentraland (MANA) and Sandbox (SAND) witnessed significant surges in price, due partly to swirling rumors about Apple’s venture into mixed reality. This trend was pointed out in a May 15 tweet from independent developer Udi Wertheimer, who in a backhanded comment to the absurdity of influencer-driven memecoins, spoke of the upcoming release as a potential driver of metaverse token prices. CT is completely oblivious to the fact that Apple is about to launch a mixed reality headset in 3 weeks Metaverse shitcoins are going to pump so hard it’s not even funny But you morons keep buying influencer coins Ok — Udi ...