Citi Estimates $13T Metaverse Economy By 2030
In a new report, Citi analysts predict that the total addressable market (TAM) for the metaverse economy could be as high as $13 trillion by 2030. “The Hash” panel discusses drivers of the current “land grab” mentality, as well-known brands start to experiment in the metaverse.
Does the Metaverse Need a Free Trade Agreement?
It’s seeking to be the centerpiece of Web 3, but a successful metaverse could run headfirst into some old-style protectionist barriers like work permits and data blocks, trade policy expert Sam Lowe tells us.
Citi Sees Metaverse Economy as Large as $13T by 2030
The virtual world could be the next generation of the internet, the bank’s analysts said in a report.
Binance to Sponsor 64th Annual Grammy Awards
Binance, the world’s largest crypto exchange, has announced plans to sponsor the 64th Annual Grammy Awards, the biggest night in the American music industry. “The Hash” group discusses why crypto companies are vying for mainstream audiences, noting advertisements by FTX, Coinbase, and Crypto.com in this year’s Super Bowl. Plus, a conversation about the possibility of a metaverse Grammy Awards.
China’s WeChat Bans NFT Accounts; Zilliqa Token Soars
NFT accounts banned from WeChat due to “crypto speculation”. India’s IMF Mission chief warns over crypto. Zilliqa on a tear after Metapolis metaverse launch event announcement. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Zilliqa's ZIL Quadruples on Optimism Around Start of Metaverse Service Metapolis
Metapolis, a metaverse-as-a-service offering powered by Zilliqa's blockchain, is scheduled to be released on Saturday.
Shiba Inu's Metaverse Will Feature More Than 100K Land Plots
Developers have decided to use Ethereum's native cryptocurrency, ether, as a land pricing token.
Grab’s Technology Head Departs to Lead Metaverse Gaming Firm Ethlas: Report
Many high-level executives of traditional technology firms have left their jobs to dive into the metaverse, with Grab’s head of technology, Wui Ngiap Foo, being the latest.
First Metaverse Fashion Week Trends, Misses: 'Phygital' Is in Vogue
After four days and over 2,000 NFTs sold, the first ever virtual fashion week is officially in the digital books. Giant global brands like Estée Lauder, Forever 21, Tommy Hilfiger and many others flocked to the ambitious, crypto convention in Decentraland where "phygital" goods are the new trend of the season. CoinDesk's Doreen Wang reports on the hits and misses.