Grayscale: in a few years, the metaverse's annual revenue will reach $1 trillion – Bits Media

According to Grayscale estimates, in the next few years, the metaverse's annual revenue will reach $1 trillion, and this sector will be a strong competitor to the Web 2.0.

Grayscale published a report entitled "The Metaverse, Web 3.0 Virtual Cloud Economies» ("Metaverse as a virtual cloud economics of Web 3.0"). Researchers emphasized, that the platforms of the metaverse, integrating cryptocurrencies, as well as decentralized finance (DeFi), Undeductive tokens (NFT) and decentralized cloud storage, attract more and more users, wanting to gain new experience.

Having analyzed the activity of metaverse accounts from the beginning 2020 of the year, Grayscale researchers found, that by June 2021 year, the user base of the interactive virtual world increased by 10 times and amounted to about 50 000 Human. The Metaverse is still in its early stages of development, but, if it continues to grow at this rate, in the future this may become “mainstream”, analysts noted.

In the III quarter 2021 blockchain game developers collected about $1 billion, what is 12% of total funding, привлеченного в криптовалютную индустрию за этот период. Researchers think, что игры на блокчейне, работающие по принципу «Играй ради заработка», а также инновации Web 3.0 can make a significant contribution to the development of the metaverse, as people began to devote more time and money to “digital hobbies.”

According to BGA, number of wallets, registered in games on the blockchain, Reached 1.54 million in the third quarter. This is on 25% more compared to the previous quarter. IN 2020 year, global revenue from virtual games amounted to $180 billion, and the purchase of premium services costs about $40 billion. Expected, that to 2025 this year, the gaming sector's revenue will exceed $400 billion due to in-game expenses, and the metaverse's annual revenue could be more than $1 trillion.

Cardano founder Charles Hoskinson (Charles Hoskinson) also thinks, that the metaverse has a great future, and it will be closely related to collectible tokens.