Curious about Metaverse : here’s what happening in the space

From an investment standpoint: The total market cap of the leading Web 3.0 Metaverse crypto networks ~$27.5 billion – Malik

This week in the Metaverse. If you are curious about the Metaverse, here’s a summary of what happened during the week. Drop it like it’s hot! ๐Ÿงต
1b. Coincidentally, other business and finance leaders this week also came out with BIG forecasts about the Metaverse: – Cathie Wood, CEO of Ark Invest – Tim Sweeney, CEO If Epic Games Both said this was a multi-trillion dollar opportunity! ๐Ÿ’ฐ ๐Ÿ’ฐ ๐Ÿ’ฐ ๐Ÿ’ฐ ๐Ÿ’ฐ ๐Ÿ’ฐ
1c. To date, much of the focus has been on gaming. However, a whole host of opportunities will drive future revenue including: – advertising – social commerce – digital events – hardware – developer/creator monetization
1d. From an investment standpoint: The total market cap of the leading Web 3.0 Metaverse crypto networks ~$27.5 billion. On the other hand, Facebook/Meta Platform’s market cap alone is ~$900 billion. *The above figures are BEFORE the market corrections this week* โฌ‡๏ธ โฌ‡๏ธ
2c. There are several explanations being offered for the drop: – concerns about Federal Reserve tapering – famed crypto investor, Louis Navellier, warned that BTC could fall to under $10k – reduced risk appetite (as with sell-off in equity markets) – holiday period profit-taking
Thanks for reading ๐Ÿ™ ๐Ÿ™ . If you enjoyed this Metaverse update, please retweet the first tweet. I’m digging into all things Metaverse, so to learn more, please follow me @Maliki888. Let’s connect and share ideas about this fascinating topic. ๐Ÿค DMs are open. ๐Ÿงก

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