Metaverse
Morgan Stanley: Luxury NFT Market Could Hit $56B by 2030
According to last week's research note from Morgan Stanley, metaverse gaming and non-fungible tokens (NFTs) could represent a revenue opportunity of $56 billion for the luxury market by 2030. The bank expects the total NFT market to grow to $300 billion by that year. Meanwhile, Mogran Stanley says Facebook stock is the best way to get exposure in Metaverse, adding that it's “all upside and would be another layer-cake of multi-year monetization.” The Hash" squad discusses the outlook for the luxury sector as it increasingly collides with the world of crypto.
Former Tron Exec Launches Play-to-Earn ‘Mafia’ Game With Twitch Co-Founder’s Backing
The free-to-play “Syn City” is backed by some of the Web 3 gaming industry’s biggest investors.
Morgan Stanley Sees Facebook as Best Stock to Gain Exposure to the Metaverse
Bank sees around $5 trillion of consumer expenditure that could be digitized faster.
Metaverse Gaming, NFTs Could Account for 10% of Luxury Market by 2030: Morgan Stanley
The bank expects the total NFT market to grow to $300 billion by that year.
Crypto Market Cap Plunges, South Korean Banks Head Into Metaverse
AntChain instigates rules to prevent NFT hype. The crypto market takes a plunge. South Korean banks jump on the metaverse bandwagon. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Why Barbados’ Metaverse Embassy Matters
Some say it’s a gimmick for the island nation to buy a plot of land in Decentraland. But they’re not thinking big enough, says CoinDesk’s chief content officer. The metaverse has plenty of promise for governments.
TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal
TIME Magazine will hold ether on its balance sheet for the first time as part of a deal with crypto investment firm Galaxy Digital to educate readers about the metaverse. The publication is rolling out a “TIME 100 Companies” list for the metaverse and a weekly newsletter as part of the partnership. "The Hash" squad discusses the latest continuation of TIME's expansion into the world of crypto.
Snoop Dogg, Deadmau5 Headline New Members of Outlier Ventures’ Metaverse Accelerator
Others joining the incubator for Metaverse-related projects include consumer brand guru Shaun Neff, as well as the founders of Sandbox and Polygon.
TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal
The publication is rolling out a “TIME 100 Companies” list for the metaverse and a weekly newsletter as part of the partnership.
