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In The Money
Investing in the metaverse akin to going down a virtual rabbit hole
In this series, we answer questions on investing. This week, we look at the metaverse and if there are opportunities to make money from it.
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Users can conduct business, interact with friends or pick up skills in new and immersive ways, aided by devices like virtual reality headsets (above), digital glasses or smart appliances such as virtual assistants.
PHOTO: EPA-EFE
Aaron Chwee
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Q: A Citi report in March called “Metaverse and Money; decrypting the future” estimates that the metaverse could be worth anything between US$8 trillion and US$13 trillion (S$18 trillion), with as many as five billion users by 2030. What are the opportunities to make money in the metaverse economy?
In Lewis Carroll's novel Alice's Adventures In Wonderland, Alice follows the White Rabbit down the rabbit hole and is transported to an alternate universe known as Wonderland.
