Today we look at sad news regarding the XRP lawsuit where the SEC is going after Ripple Labs. Why it could be over much later than hoped.
How Big Will the Metaverse Be by 2030?
A recent study by Citi GPS argues that the Metaverse will have 5 billion users by 2030. However, there are also dark sides to this emerging technology, such as the potential for money laundering, counterfeit NFTs, trading scams, and a high volatility of most cryptocurrencies. However, big firms already have the resources to invest in the Metaverse and have a great deal of trust and data privacy in place. So, while it is not easy to predict how large the Metaverse will grow, you can invest in a small company if you want to make the most money.
The metaverse has been popular in video games. Fortnite, a popular video game with over 350 million users, recently hosted a Travis Scott virtual concert for 12 million gamers. The metaverse is a world built for virtual interaction, and it could be accessed through VR headsets, which are currently used for gaming. If this concept is successful, it could help create a social, thriving online community where people could meet and interact. In the future, it might even be possible to perform virtual work in a metaverse.
As the future of online entertainment expands, a new level of creativity and entertainment is being created. Metaverse users will be able to interact with AI avatars and make new friends in their virtual world. For example, the Sensorium Galaxy will feature massive musical offerings and collaborations with some of the world’s most prominent artists. This is just the beginning, as the company plans to create additional content centers, such as a planet devoted to meditation and self-actualization.