Metaverse will be a $13tn opportunity no business can afford to miss

Unless you are a gaming enthusiast, the virtual world may seem less relevant to your daily life, but that could change. Since Facebook became Meta Platforms Inc. in October 2021, the focus has turned toward the metaverse, a virtual reality that could become a $13 trillion economy by 2030, with enormous implications for businesses. The metaverse is expected to be worth $800 billion within two years. Therefore operating inside it could become nothing short of mandatory over the coming decade, with as much as 25 percent of the economy potentially residing in the virtual realm. For example, luxury powerhouse Gucci opened a “garden” on the Roblox gaming platform last year and released virtual bags that sold for more than $4,000 each. #mimeXmime #Web3GrandPappa


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