The Metaverse vs the Billion-Dollar Gaming Industry | HackerNoon

  • 📰 hackernoon
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The term “Metaverse” was used so frequently during 2022 that everyone should have heard it, even if they don’t know what it means. - cc: ulriklykke metaversegaming gamingmetaverse

The hype around the metaverse arguably peaked following the end of 2021 as Mark Zuckerberg announced plans on rebranding “Facebook” to “[Meta]” and allocating $10

billion for investments in the Metaverse. In June, this year, McKinsey & Company published a report which predicted that theMetaverse economy could reach $5 trillion by 2030.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 532. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines