JP Morgan, a major US company, has taken a big step in the Metaverse. JP Morgan is in this sectorPointed out that there is an opportunity of $ 1 trillionThe company is a popular blockchain-based virtual worldDecentralandOpened a virtual lounge in.
DecentralandMetajukuVisitors to the mall will be greeted by a digital portrait of Tiger and Jamie Dimon, CEO of JP Morgan. As players enter the second floor, they can see a presentation on the economics of cryptocurrencies.
Named after JP Morgan’s blockchain payment system, “onyx Lounge” isReport on JP Morgan’s MetaversePublished with. The report details the business opportunities that companies can obtain in the Metaverse.
“The Metaverse will somehow penetrate every sector in the next few years, with market opportunities estimated to exceed $ 1 trillion,” the report said, adding that $ 54 billion is already spent on virtual goods each year. I’m emphasizing.
The report also points out that the average price of virtual land doubled from $ 6,000 to $ 12,000 between June and December last year. In-game advertising spending is projected to reach $ 18.4 billion annually by 2027.
JP Morgan points out that the number of creators who are trying to monetize their works in new ways using WEB3 is increasing as the driving force of the new economic zone built by Metaverse.
“This democratic ownership economy, coupled with interoperability potential, can unleash significant economic opportunities, which will make digital goods and services no longer tied to a single gaming platform or brand.”
However, JP Morgan also points out problems with the current infrastructure, such as the lack of an overall user experience.
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