The success of building and scaling in the metaverse is dependent on having a robust and flexible financial ecosystem that will allow users to seamlessly connect between the physical and virtual worlds.
A trillion-dollar opportunity
Citi analysts estimate the metaverse will have a total addressable market of up to $13 trillion by 2030 with 5 billion users.
While we are at the early days of the metaverse, it will advance very quickly. If companies don’t act now, they’ll find themselves operating in worlds designed by, and for, someone else.
One thing is clear: The metaverse will change the rules of the game as we move from an internet of information to an internet of value.
Fidelity Metaverse ETF (FMET), a new thematic ETF that provides access to companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the metaverse.
Young gamers have been paving the future of the metaverse. They have adopted to metaverse-style games, often preferring to socialize with friends in games more than in person.
We're building the future of connection in the metaverse. The metaverse will be built by everyone, with creative ideas and practical applications being developed every day by all sorts of imaginative people.
Imagine feeling like you are right next to the stage at a concert, without leaving the house; trying on clothes without going to the shops; or working in a virtual office as you would in a real one. The metaverse promises to change the way we interact.
The metaverse will continue to impact our lives, in ways that perhaps we can’t even imagine. Whether it is socialising, gaming, working or industry, or something else yet to be developed, we believe that the metaverse can bring people together in new ways – with the potential only just being tapped.
U.S. daily users of social media, streaming and gaming already spend the total equivalent of about 11 billion days per year consuming digital media and about 14 billion annual days watching linear television—time that could eventually move to the metaverse.
The metaverse is the next interaction of the internet that seamlessly combines our digital and physical lives. The metaverse is not only for a small group of users; in fact, the share of millennials excited about the metaverse is 40 percent higher than that of Gen Z.
Harnessing the power of groundbreaking tech - called the metaverse. Reimagining how to connect with people using virtual reality (VR) and augmented reality (AR) to create an immersive environment where people can work and play.
Preparing for the metaverse economy positioning Mastercard as the biggest payment facilitator for a virtual world powered by crypto, fintech (financial technology), and all metaverse eCommerce technologies.
Cryptocurrencies in the metaverse are similar to NFTs, except that NFTs represent a specific item that can't be exchanged for the exact same item, while cryptocurrencies are tokens that represent digital currency within the metaverse.
Major technology companies have made it clear that the metaverse is the next frontier of the digital world. Next-generation hardware such as augmented reality glasses, accelerated digitalization, and wider use of cryptocurrencies. The metaverse isn’t a reality for most people yet. But the investment opportunities are here now.
The metaverse is a journey, but the foundations are here today. Multiple dimensions of technology, commerce, risk and community will evolve to form what the metaverse will be. Each dimension will mature over time, presenting new opportunities and challenges. The time to act is now to begin building your strategy and ecosystem of partners.
A fully developed metaverse is more than merely a virtual space. It also has at least two other important characteristics that enhance its potential as a new platform with a wide variety of uses. First, it is likely to include both the physical and digital/virtual worlds in the user's experience. Second, the metaverse is expected to have a native economy, including digitally native assets and trade. While the Internet today has an important relationship to the economy, the metaverse could have its own economy.
The Metaverse is a rising set of new technology driven digital experiences that are taking place through devices driven by new cloud computing models, the internet and network connectivity.
The metaverse may be as impactful on society as the arrival of the internet or the mobile phone, and the investment opportunity has the potential to be just as compelling.
How the Metaverse is transcending digital limits and reinventing our place in the physical world.
The Metaverse connects people and objects in the virtual world to reality, thus integrating the digital world and the physical world, digital life and social life, digital economy and real-world economy, digital assets and physical assets, and digital identity and real identity.
We envision a metaverse that's open and accessible to all. Where the creative technology is simple to us. And where everyone can create, shop and connect.
Think outside the box - brands that stay ahead will find new ways to express their value propositions in a digital format.
If you've been following the news, you've probably heard the term metaverse. You may even be aware that, much like the cryptocurrency market, the metaverse is a unique and pioneering digital investment opportunity.
The emergence of XR –devices and the (3D) metaverse today can match and even exceed the respective societal impacts of the smartphone and (2D) Internet years back. We are in for a treat over the years to come! A treat that is enabled by 5G networks, novel metaverse applications and a shift in consumer behavior.
Within 5 years, hundreds of millions of virtual reality tools and platforms are expected to be embraced by consumers and businesses globally and these technologies could be more pervasive than phones by the end of this decade.
Since the hype around the topic metaverse has started, it is often referred to as a kind of new internet. An Internet that no longer exists only in the two-dimensional space. Instead, it is an Internet in which we will operate in a three-dimensional space in the future and in which reality will be mapped into a "new " world.
The metaverse promises a stunningly realistic 3D digital world where you can (for example) purchase and sell goods and services, sign and enforce contracts, recruit and train talent, and interact with customers and communities.
The metaverse will be a massive disruptive force over the next ten years, affecting every person and business, and how brands that fail to lean in will face an existential threat.