Metaverse Will Have Multiple Winners Across Internet and Gaming

The metaverse is being viewed as the next key step for internet and gaming, according to a note by analysts at Wedbush. 

The wrote in a note this week that the value of data so far collected by social media companies and its democratic ownership is powering a new, virtual world.

“A successful Metaverse upends the economics of data generation, with users empowered to profit from their own digital assets to the detriment of the world’s largest digital asset aggregators, including the social media companies,” Wedbush analysts Michael Pacte, Nick Macay and Junaid Zubair wrote in a note to investors.

It said the metaverse will allow users to create digital assets like non fungible tokens with added financial incentives.

================

Source link

Leave a Reply