In The Money

Metaverse can help teach users about real world of finance

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.

A visitor is pictured in front of an immersive art installation, titled Machine Hallucinations - Space: Metaverse, in Hong Kong. PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

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? 

When Facebook rebranded its parent company Meta last year, there was a buzz about the reason. Facebook chief executive Mark Zuckerberg noted: "I want to anchor our work and identity on what we're building towards."

Already a subscriber? 

Dive deeper at $0.99/month

Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • 2-week e-paper archive so you never miss out on any topic that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.