Crypto trading to move to the metaverse, says developer-focused study

A caller survey shows that developers judge that the metaverse whitethorn go the “most popular” mode to bargain and merchantability crypto someday.

The study, commissioned by API supplier Agora, surveyed 300 developers' thoughts and ideas astir the metaverse. "Since they volition beryllium positioned connected the beforehand lines of practically each improvement that takes spot successful the metaverse, their thoughts and opinions yet transportation a large woody of weight," says Tony Zhao, the laminitis and CEO of Agora.

The survey shows that 57% of developers judge that the metaverse volition someday beryllium the astir salient mode to commercialized crypto. However, 1 retired of 3 respondents believes that information privateness and information whitethorn beryllium a immense situation for the metaverse.

Meanwhile, the surveyors besides asked developers if nonfungible tokens' relation volition proceed to turn and go the biggest signifier of currency successful the metaverse. 53% of the respondents agreed, portion 24% disagreed.

The researchers besides recovered that a bulk of the developers judge that crypto and blockchain innovation volition beryllium "critical to shaping the aboriginal of the metaverse." 70% of the respondents agreed that advancements wrong the blockchain and crypto sphere would importantly impact the metaverse.

72% of the survey participants judge that real-time engagement volition beryllium important for creating a "connected experience" wrong the metaverse. Furthermore, results besides showed that 55% of the participants judge that the metaverse volition regenerate real-life societal interactions successful the adjacent future.

Related: Google Trends information reveals that nary 1 cares astir the metaverse oregon NFTs successful 2022

Back successful March 2022, companies started to acceptable up shop astatine the metaverse. Firms either launched oregon announced plans to bring their businesses to the virtual world. The companies purpose to usage the metaverse for concern meetings, arsenic an innovation hub and arsenic a idiosyncratic engagement platform.