Daily Trade News

Blockchain metaverse ecosystems gain traction as brands create




Billion-dollar companies are taking the Metaverse by storm as consumers have shown heightened interest in virtual, interactive, three-dimensional experiences that take place online.

While the “Metaverse” is still a new concept, research firm Strategy Analytics found that the global Metaverse market is forecasted to hit nearly $42 billion by 2026. This very well may be the case, as a handful of businesses including Nike (NYSE:) and Walmart (NYSE:) have begun exploring consumer experiences in metaverse environments.

Samsung (KS:) 837X shop in Decentraland. Source: Samsung
Samsung 837X wearables in Decentraland. Source: Samsung
An avatar watching the Welcome Address at the AO in Decentraland. Source: Decentraland
Ariel image of the AO arena in Decentraland. Source: Decentraland
Boson Protocol’s DressX shop in Decentraland. Source: Boson Protocol