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TechFlow news: Although the 2022 bear market dampened enthusiasm surrounding emerging cryptocurrency sub-ecosystems such as non-fungible tokens (NFTs), the metaverse remains well-positioned for long-term disruption. Given the countless consumer- and enterprise-focused use cases the metaverse can serve, McKinsey estimates that by 2030, more than 50% of live events could take place in the metaverse, potentially generating up to $5 trillion in value.
Although the 2022 bear market dampened enthusiasm surrounding emerging crypto sub-sectors such as non-fungible tokens (NFTs), the metaverse remains well-positioned for long-term disruption. Given the countless consumer- and enterprise-focused use cases the metaverse can serve, McKinsey estimates that by 2030, more than 50% of live events could take place in the metaverse, potentially generating up to $5 trillion in value.
Navigating Web3 tides with focused insights
