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In The Money
Making money in the metaverse
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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Visitors pictured in front of an immersive art installation titled “Machine Hallucinations – Space: Metaverse” by media artist Refik Anadol in Hong Kong last year.
PHOTO: REUTERS
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?
Neal Stephenson's 1992 novel Snow Crash conjures up a vision of a "computer-generated universe" which is called "the Metaverse".
