{"id":372133,"date":"2021-11-25T08:44:47","date_gmt":"2021-11-25T05:44:47","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/the-metaverse-is-a-1t-opportunity-after-users-increase-10x-grayscale-report\/"},"modified":"2021-11-25T08:44:47","modified_gmt":"2021-11-25T05:44:47","slug":"the-metaverse-is-a-1t-opportunity-after-users-increase-10x-grayscale-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/the-metaverse-is-a-1t-opportunity-after-users-increase-10x-grayscale-report\/","title":{"rendered":"# The Metaverse is a $1T opportunity after users increase 10X: Grayscale report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a27982389a6e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a27982389a6e\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/the-metaverse-is-a-1t-opportunity-after-users-increase-10x-grayscale-report\/#Market_opportunity\" >Market opportunity<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># The Metaverse is a $1T opportunity after users increase 10X: Grayscale report <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMDE3ODE3NGEtZmE5My00MjYxLWE4MWQtOTRmNmNiZDkzNDZmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Crypto investment giant Grayscale has published a bullish report on the Metaverse, estimating that the \u201cmarket opportunity\u201d for bringing the Metaverse to the mainstream may be worth over $1 trillion in the next few years. <\/p>\n<p>The November report <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/grayscale.com\/reports-and-insights\/\">titled<\/a> \u201cThe Metaverse, Web 3.0 Virtual Cloud Economies\u201d was authored by Grayscale Head of research David Grider and research analyst Matt Maximo. The duo explores the burgeoning sector primarily from the perspective of open Metaverse worlds backed by an \u201cinterconnected crypto-economy\u201d such as Decentraland. <\/p>\n<p>The report highlights that Metaverse platforms integrated with crypto tokens, decentralized finance (DeFi) services such as staking and lending, NFTs, decentralized governance and decentralized cloud storage have \u201ccreated a new online experience\u201d that\u2019s rapidly attracting new users. <\/p>\n<p>Analyzing \u201cglobal all-time active metaverse wallets\u201d data since the start of 2020, it found the user base has grown by 10X since that time to sit at around 50,000 as of June 2021. <\/p>\n<blockquote><p>\u201cCompared to other Web 3.0 and Web 2.0 segments, Metaverse virtual world  users are still in their early innings, but if current growth rates remain on their current trajectory, this emerging segment has the potential to become mainstream in the coming years.\u201d<\/p><\/blockquote>\n<p>The report highlights that there\u2019s no shortage of VCs taking a punt on the sector\u2019s potential. According to the report, fundraising totaled $1 billion for blockchain gaming in Q3. That represented 12% of total fundraising for the entire crypto sector in the quarter, ranking it as the \u201ctop sub-sector\u201d within the Web 3.0 and NFT category.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_opportunity\"><\/span>Market opportunity<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The researchers note a range of key dynamics that could significantly contribute to the growth of the Metaverse sector, including growing average leisure time and money spent on digital hobbies, a cultural shift from premium <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>s to free-to-play gaming and Web 3.0 innovations such as play-to-earn (P2E). <\/p>\n<p>Global revenue from virtual world gaming totaled $180 billion in 2020, with \u201cpremium spending&#8221; accounting for around $40 billion, with estimates the sector could pull in more than $400 billion by 2025, primarily driven by the in-game spending model. <\/p>\n<p>The report argues that this shift is \u201caccelerating further with the transition from Web 2.0 closed corporate Metaverses to Web 3.0 open crypto Metaverse networks,\u201d due to the play-to-earn potential they represent. <\/p>\n<p>\u201cWeb 3.0 Metaverse virtual worlds have benefited from rapid innovation and productivity gains. Crypto virtual worlds have created a multi-million dollar primary and secondary market for creators and asset owners by eliminating capital controls and opening their digital borders to free-market capitalism,\u201d the report reads. <\/p>\n<p><strong><em>Related <\/em><\/strong><strong><em>Metaverse and blockchain gaming altcoins rally while Bitcoin looks for support<\/em><\/strong><\/p>\n<p>The price of the native tokens for open Metaverse platforms such as Decentraland (MANA) and The Sandbox (SAND) have been on a tear of late, gaining 49% and 102% each to sit at $5.03 and $7.60 at the time of writing.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/the-metaverse-is-a-1t-opportunity-after-users-increase-10x-grayscale-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# The Metaverse is a $1T opportunity after users increase 10X: Grayscale report &#8221; Crypto investment giant Grayscale has published a bullish report on the Metaverse, estimating that the \u201cmarket opportunity\u201d for bringing the Metaverse to the mainstream may be worth over $1 trillion in the next few years. The November report titled \u201cThe Metaverse,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":372134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMDE3ODE3NGEtZmE5My00MjYxLWE4MWQtOTRmNmNiZDkzNDZmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,91083,74983,99002,74868,76550,91498,95118,78234,74355,80,17813],"class_list":["post-372133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-blockchain-game","tag-decentralization","tag-decentralized-marketplace","tag-defi","tag-grayscale","tag-metaverse","tag-nft","tag-virtual-property","tag-adoption","tag-games","tag-virtual-reality"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/372133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=372133"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/372133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/372134"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=372133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=372133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=372133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}