The internet and social media are evolving and the metaverse is the next phase of this process. It uses 3D tech in real time, bringing the digital and physical realms together and offering online social media and entertainment businesses a great opportunity to make a profit.
The metaverse is the next major technology platform, leading social networks, game producers, and other industry members to take part in what Bloomberg forecasts will be a $800 billion market, News BTC reported.
Innovative blockchain solutions
Nike, Meta, and other big corporations have announced plans to create infrastructure in the sector. But there’s an early metaverse proponent you didn’t know about: Move Digital. The company claims to have been working on integration of digital realities before any corporation even considered it.
Kristof Schoeffling, founder and CEO of Move Digital, commented:
The Metaverse is a cutting-edge technology that will change the way we interact with the digital world. Our team has dedicated years of experience to master this technology and we’re excited to see it grow. We’re committed to helping businesses harness the power of the Metaverse and we look forward to seeing the growth in our client base.
Contracts with blockchain companies worldwide
Next year, Move Digital will be working on orders under contracts with blockchain companies all over the world, including in Australia, Japan, Europe, Southeast Asia, and South America to deploy metaverse worlds. Moreover, its trademark makes it possible for businesses to create immersive metaverse worlds reflecting the real world economy.
Move provides data security, innovative digital payments, supply chain solutions, and digital identity making the most out of blockchain technology’s potential.
Metaverse revenue potential grows by $300B in 4 years
Bloomberg predicts the global metaverse revenue potential will increase from about $500 billion in 2020 to $800 billion in 2024. In 2024, the gaming market will be worth over $400 billion. Social media and live entertainment will account for the rest. As a consultancy firm, Move Digital will be assisting businesses in onboarding with the technology.
Early creators and adopters emerging as VR leaders
Early creators and adopters are swiftly emerging as leaders in the dynamic world of virtual reality. CoinTelegraph reports that crypto has taken a back seat to trends like metaverse and NFTs. Huge demand is evident with consumer brands and celebrities digging deeper into the realms of NFT and the metaverse.
