Constructing of metaverse economics is underway. Major corporations are ceasing their efforts to establish themselves in the virtual domain.
New research shows that the Metaverse could add $3 trillion (€2.8 trillion) to the global GDP in ten years if it grows in popularity as mobile technology has.
Economists at the international consulting firm Analysis Group did the study and found that expanding the virtual world could add 1.7% or $440 billion (€417 billion) to Europe’s economy in 10 years.
The report says that if everyone started using technology on a large scale in 2022, it would add 2.8% to the world’s GDP by 2031.
Contrary to popular belief, there is no virtual economy inside the Metaverse. Because of this, these innovations have far-reaching and significant economic impacts. The Metaverse will alter various present economic factors, including employment, specialized industries, and infrastructure.
If you want to know where this will have the most effect, this…
