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

The metaverse volition go the astir fashionable spot to buy, sell, and commercialized cryptocurrency, according to a caller survey. In addition, 70% of respondents agreed that “cryptocurrency and blockchain exertion advancements volition beryllium captious to shaping the aboriginal of the metaverse.”

Survey: Metaverse Will Be the Most Popular Place for Crypto

Nasdaq-listed Agora (NASDAQ: API), a video, voice, and unrecorded interactive streaming platform, conducted a survey connected the metaverse and published the results Tuesday.

The institution asked 300 U.S.-based developers a acceptable of questions “to larn much astir what they thought astir the metaverse and what we volition spot successful the coming years,” Agora detailed. Developers were surveyed due to the fact that for them, “the maturation of the metaverse allows the improvement of caller communities and allows them to amended link with users,” the institution explained.

According to the results:

57% of respondents deliberation that the metaverse volition go the astir fashionable spot to buy, store and commercialized cryptocurrency, portion 18% disagree and 25% consciousness neutral.

Source: Agora

In addition, 70% agreed that “cryptocurrency and blockchain exertion advancements volition beryllium captious to shaping the aboriginal of the metaverse,” portion 9% disagreed.

Regarding non-fungible tokens (NFTs), “The bulk of developers are bullish connected NFTs and judge they volition go the biggest [currency] successful the adjacent team,” the survey results note.

Source: Agora

Survey participants were besides asked who they deliberation volition ain 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 8 trademark applications covering the metaverse and a wide scope of crypto services.

A fig of analysts person estimated the size of the metaverse. Last month, Citi predicted that the metaverse could beryllium a $13 trillion accidental with 5 cardinal users by the twelvemonth 2030. Meanwhile, concern banks Goldman Sachs and Morgan Stanley some said the metaverse could beryllium an $8 trillion opportunity.

In February, JPMorgan opened a lounge successful Decentraland aft stating that “The metaverse volition apt infiltrate each assemblage successful immoderate mode successful the coming years, with the marketplace accidental estimated astatine implicit $1 trillion successful yearly revenues.”

Do you deliberation that the metaverse volition beryllium the astir fashionable level to buy, sell, and store cryptocurrencies? Let america cognize successful the comments conception below.

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