Metaverse Will Be Most Popular Place to Buy, Trade, Store Cryptocurrency, Survey Shows
metaverse

Metaverse Will Be Most Popular Place to Buy, Trade, Store Cryptocurrency, Survey Shows

THELOGICALINDIAN - The metaverse will become the best accepted abode to buy advertise and barter cryptocurrency according to a contempo analysis In accession 70 of respondents agreed that cryptocurrency and blockchain technology advancements will be analytical to abstraction the approaching of the metaverse

Survey: Metaverse Will Be the Most Popular Place for Crypto

Nasdaq-listed Agora (NASDAQ: API), a video, voice, and alive alternate alive platform, conducted a analysis on the metaverse and appear the after-effects Tuesday.

The aggregation asked 300 U.S.-based developers a set of questions “to apprentice added about what they anticipation about the metaverse and what we will see in the advancing years,” Agora detailed. Developers were surveyed because for them, “the advance of the metaverse allows the development of new communities and allows them to bigger affix with users,” the aggregation explained.

According to the results:

In addition, 70% agreed that “cryptocurrency and blockchain technology advancements will be analytical to abstraction the approaching of the metaverse,” while 9% disagreed.

Regarding non-fungible tokens (NFTs), “The majority of developers are bullish on NFTs and accept they will become the better [currency] in the abreast team,” the analysis after-effects note.

Survey participants were additionally asked who they anticipate will own the metaverse. 55% of respondents said Meta (formerly Facebook), 9% said Google, 7% said Microsoft, 6% said Apple, and 5% said Amazon.

Meta recently filed eight brand applications accoutrement the metaverse and a advanced ambit of crypto services.

A cardinal of analysts accept estimated the admeasurement of the metaverse. Last month, Citi predicted that the metaverse could be a $13 abundance befalling with bristles billion users by the year 2030. Meanwhile, advance banks Goldman Sachs and Morgan Stanley both said the metaverse could be an $8 abundance opportunity.

In February, JPMorgan opened a lounge in Decentraland afterwards advertence that “The metaverse will acceptable access every area in some way in the advancing years, with the bazaar befalling estimated at over $1 abundance in annual revenues.”

Do you anticipate that the metaverse will be the best accepted belvedere to buy, sell, and abundance cryptocurrencies? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons