3 min read
cryptocurrency trade will transfer to the Metaverse.

EZRA REGUERRA 


Crypto and blockchain innovation, according to the majority of the developers, will be "essential to creating the future of the metaverse."


According to a new survey, developers expect the Metaverse will become the "most popular" means to buy and trade cryptocurrency in the future.

The study, commissioned by API provided Agora, polled 300 developers about their perspectives on the Metaverse. "Because they'll be on the cutting edge of nearly every advancement in the metaverse, their thoughts and opinions will ultimately carry a lot of weight," says Tony Zhao, Agora's creator and CEO.


The survey shows that 57% of developers believe that the Metaverse will someday be the most prominent way to trade crypto. However, one out of three respondents believes that data privacy and security may be a huge challenge for the Metaverse. Meanwhile, the surveyors also asked developers if nonfungible tokens‘ (NFTs) role will continue to grow and become the biggest form of currency in the Metaverse. 53% of the respondents agreed, while 24% disagreed. The researchers also found that a majority of the developers believe that crypto and blockchain innovation will be “critical to shaping the future of the metaverse.” 70% of the respondents agreed that advancements within the blockchain and crypto sphere would significantly affect the Metaverse. 


Real-time participation, according to 72 percent of study respondents, will be critical in creating a "connected experience" within the Metaverse. Furthermore, 55 percent of responders predict the Metaverse will soon supplant real-life social connections.


Companies began to set up shop in the Metaverse in March 2022. Companies have either begun or announced plans to expand their operations into the virtual world. The Metaverse will be used for corporate meetings, as an innovation hub, and as a platform for user involvement, according to the companies.





Amit Caesar wrote the article:


You should also check out the following articles:

  1. What is the metaverse? and how does it work?
  2. Apple’s first headset will focus on “high-quality” games, reporter claims
  3. Facebook wants to build a metaverse. Microsoft is creating something even more ambitious.
  4. Metaverse’s Cryptocurrency Leaps in Price After Facebook Rebrands as Meta
  5. Books you must read about virtual reality
  6. Best New Augmented Reality Books To Read In 2021
  7. Is virtual reality the next big thing in business?
  8. According to a report, Meta is considering opening physical stores.
  9. The smart glasses revolution is about to get real
  10. Consumer Brands Reinventing Marketing in the Metaverse
  11. Imagine Making Money in Rec Room
  12. Mark Zuckerberg Is Starting The Metaverse's First Church
  13. Reality is just another dimension in the metaverse  
  14. How NFTs Create Value ?


Subscribe now to our YouTube channel


Subscribe now to our Facebook Page


Subscribe now to our twitter page


Subscribe now to our Instagram


Subscribe To my personal page on linkedin


Subscribe To my personal page on tiktok page for those who love to dance :)


Don't forget to be my friend. Sign up for my friend's letter. So I can tell you ALL about the news from the world of VR&AR, plus as my new friends I will send you my new article on how to make money from VR&AR for free.

BuyBitcoinswithVisaMcCard