top-crypto-news.org
No Result
View All Result
  • Home
  • Bitcoin
  • NFT
  • DeFi
Bitcoin ticker
Bitcoin
$30316
BTC
Ethereum ticker
Ethereum
$2040.06
ETH
BNB ticker
BNB
$319.22
BNB
Cardano ticker
Cardano
$0.54451
ADA
Solana ticker
Solana
$52.71
SOL
Bitcoin ticker
Bitcoin
$30316
BTC
924.34
Ethereum ticker
Ethereum
$2040.06
ETH
66.97
BNB ticker
BNB
$319.22
BNB
6.9
Cardano ticker
Cardano
$0.54451
ADA
0.02
Solana ticker
Solana
$52.71
SOL
2.84
  • Home
  • Bitcoin
  • NFT
  • DeFi
No Result
View All Result
top-crypto-news.org
No Result
View All Result
top-crypto-news Metaverse

Morgan Stanley reiterates that the Metaverse will have a market that will easily exceed USD $8 billion in the near future

February 1, 2022
Reading Time: 3 mins read
0
metaverso-unsplash
What is Near?

NEAR is a sharded, developer-friendly, proof-of-stake public blockchain, built by a world-class team that has built some of the world's only sharded databases at scale.

While Morgan Stanley argues that the Metaverso will be one of the most lucrative markets of the future, he also says it is still some time before we see wider adoption, especially with the technological and regulatory challenges that this would entail.

RELATED POSTS

NASA and Fortnite creators to build a metaverse that simulates life on Mars

Meta to start testing NFT on Instagram, Zuckerberg confessed

From American Idol to Time Square, ESPN to Quaker Oatmeal: More Brands in the Metaverse

***

One of the world’s largest US-based investment banks, Morgan Stanley, projects that the market for the Metaverso could easily exceed USD $8 billion in the not too distant future.

According to Morgan Stanley, el Metaverso will be a revolutionary market an area or arena, online or offline, in which commercial dealings are conducted.

This is what the bank indicated in a note to investors published recently, where it made this projection and remained firm with the reading it made a few months ago about the benefits and opportunities that this new space will bring, launching the idea that it could be something so revolutionary as to replace the mobile Internet.

The note published by Morgan Stanley reads:

“The Metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users. will become the next generation platform a place to buy, sell and store cryptocurrency to replace the mobile Internet… We expect the Metaverse (and its total addressable market) to be expansive and go beyond the current online consumer market, which is dominated primarily by e-commerce and online entertainment spending.”

The Morgan Stanley team’s statements are in line with what it said in November last year, when it said something similar in light of the interest shown by companies such as Facebook (now Meta) and Microsoft, noting that the Metaverse would be a “ next-generation gaming, streaming and social networking platform “which will initially operate as an advertising and e-commerce forum:

“Like current digital digital technologies are these electronic tools that have the ability to generate, store or even process data. platforms, we expect the metaverse to operate initially and primarily as an advertising and e-commerce platform for offline products / purchases.”

Adoption will take time

Although items such as virtual reality glasses and new platforms are bringing more and more people into the realm of virtual reality, it’s not always easy to get a better idea of what’s going on. Metaverso, For Morgan Stanley researchers, seeing wider adoption will be a process that will take a long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. time, precisely because these new technologies must overcome certain technological and regulatory barriers.

In that sense, the note reads:

“We already live in a digital world, spending more than six hours per day online, so mass adoption of the Metaverse will require a significantly better immersive experience compared to current mobile internet offerings.”

Continuing with this idea, Morgan Stanley cited China’s approach to limiting the time young people spend on electronic platforms as the main regulatory hurdle, precisely to prevent possible cases of addiction to these platforms and the risks associated with the theft of private information.

Although many still see this concept from an approach linked to entertainment, several companies have already expressed their intention to create branches and virtual offices in the Metaverso, in order to take work activities to the next level and further overcome the geographical barriers of having a team distributed in different countries around the world.


  • Morgan Stanley sees the metaverse as a potential USD $8 trillion market
  • Gaming and betting company, Entain, invests USD $133 million with an eye on the metaverse
  • Fidelity files two new ETF an Exchange-traded Fund, an investment fund that users trade on exchanges and trading platforms. applications, one related to the metaverse

Source: BlockWorks

Version by Angel Di Matteo / DiarioBitcoin

Imagen de Unsplash

Tags: futurolucrativomarketmetaversomorganregulationStanleytechnology
ShareTweetPin

Related Posts

marte-unsplash
Metaverse

NASA and Fortnite creators to build a metaverse that simulates life on Mars

May 11, 2022
instagram
Metaverse

Meta to start testing NFT on Instagram, Zuckerberg confessed

May 10, 2022
singer
Metaverse

From American Idol to Time Square, ESPN to Quaker Oatmeal: More Brands in the Metaverse

May 7, 2022
hotel
Metaverse

Sleeping in the metaverse! Asian Billionaire Groups Buy Virtual Land to Build Hotels

April 30, 2022
Metaverse

Reality Labs, Meta’s metaverse development company, lost $2.9 billion in first quarter 2022

April 28, 2022
metaverse bank
Banking and Payments

Standard Chartered Bank entra en el metaverso

April 27, 2022
Next Post
bitcoin-unsplash

NYDIG introduces ‘Bitcoin savings plan’ allowing workers to collect their wages in cryptocurrency

cierre-salida-unsplash

Meta confirms it is leaving behind its cryptocurrency project, Diem

Bitcoin news

stop

SEC formally rejected Bitcoin ETF application filed by WisdomTree

December 3, 2021
cell phone

Nayib Bukele says he uses his cell phone to buy BTC for El Salvador

December 7, 2021
fallen

Bitcoin plummets 17%, other cryptocurrencies fall, El Salvador takes advantage to buy BTC

December 4, 2021
top-crypto-news.org

Recent Posts

  • Norway’s Parliament rejects proposal to ban Bitcoin mining
  • Bitcoin Pizza Day 2022: How the community in Latin America and Spain celebrates it
  • Bank of America: no reason to worry about “contagion” in the market after Terra collapse

© 2021 top-crypto-news.org

No Result
View All Result
  • Home

© 2021 top-crypto-news.org